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09/16/2021 Live Update

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Cobra
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Re: 09/16/2021 Live Update

Post by Cobra »

Guess the low was in for today.
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Cobra
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Re: 09/16/2021 Live Update

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JFR
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Re: 09/16/2021 Live Update

Post by JFR »

SPY 5. Reprieve for the bulls. But there are more bears on the prowl than we have seen in about a year. Battle is joined.

2021-09-16_09-40-26.png
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Al_Dente
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Re: 09/16/2021 Live Update

Post by Al_Dente »

Daily
testing little double bottom
either the bears are going to sell more or they are not
Obviously Powell’s announcement of an ex-post-facto “comprehensive” look at his hands-in-the-cookie-jar ethics rules wasn’t enough to wake the bears up (Insider-trader Fed Presidents Kaplan and Rosengren will be liquidating their equity shares by the end of September)
Maybe they are waiting for next week’s FED meeting where they’ll chatter on about tapering
916day.png.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Al_Dente
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Re: 09/16/2021 Live Update

Post by Al_Dente »

Remember Bernard Madoff ??
His victims have now recouped 83% of their losses

https://www.reuters.com/article/usa-cri ... SL1N2QI1P3
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Cobra
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Re: 09/16/2021 Live Update

Post by Cobra »

Lower high so the rebound was over?
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Cobra
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Re: 09/16/2021 Live Update

Post by Cobra »

Volume surge, widest bull bar so should be a pullback here first which likely would be bought. People are still in buying any dip mode.
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Cobra
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Re: 09/16/2021 Live Update

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Re: 09/16/2021 Live Update

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Cobra
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Re: 09/16/2021 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Friday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449397

Thank you guys, I'll see you in another thread soon.

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