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11/29/2021 Live Update

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Cobra
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Re: 11/29/2021 Live Update

Post by Cobra »

Clear breakout, this bull shall have legs.
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Al_Dente
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Re: 11/29/2021 Live Update

Post by Al_Dente »

Big Tech, the largest holdings in SPY
10 days
Screenshot 2021-11-29 102516.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 11/29/2021 Live Update

Post by BullBear52x »

Over shoot, for intraday price action, bulls need to close higher than morning high, or all the gain/energy today will be put in to waste. I am selling at this point.
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Al_Dente
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Re: 11/29/2021 Live Update

Post by Al_Dente »

VIX tracks inverse SPY pretty closely
5min
Screenshot 2021-11-29 104754.jpg
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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BullBear52x
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Re: 11/29/2021 Live Update

Post by BullBear52x »

As of Friday, only 24% above 20 dma, 46% above 50 dma, this is another warning signs of the health of SPX index. on 200 dma 80% will be a healthy level we are at 70%. the question is "correction in price or in time" this time?
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Last edited by BullBear52x on Mon Nov 29, 2021 2:35 pm, edited 1 time in total.
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BullBear52x
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Re: 11/29/2021 Live Update

Post by BullBear52x »

Intraday, a trade under Friday's HOD (SPX) will indicate a failed breakout, a trade lower than morning high will indicate negative price action. sooooooo, no failure for the dip pocket and printing press here.
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DellGriffith
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Re: 11/29/2021 Live Update

Post by DellGriffith »

to be more specific, Biden says he expects all Americans to get vaxxed so no more lockdowns. In other words, he's gonna wait a few weeks and then say "Shame on Americans for not getting all vaxxed, welp here's your lockdown".

https://www.youtube.com/watch?v=DhBzWmtJ9DE
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
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BullBear52x
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Re: 11/29/2021 Live Update

Post by BullBear52x »

Doomsday stonehenge 10 commandments. each autonomous region of less than 500,000,000 people? most likely I am not in the club. haha just being funny. Vaxxed or no Vaxxed we are doomed.
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Al_Dente
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Re: 11/29/2021 Live Update

Post by Al_Dente »

We have another hour to go
but SPY daily volume is pretty weak at the moment
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: 11/29/2021 Live Update

Post by Al_Dente »

corrected: that was "but" not "buy"
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: 11/29/2021 Live Update

Post by Cobra »


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Cobra
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Re: 11/29/2021 Live Update

Post by Cobra »

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

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

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