Cobra wrote:testing support. the usual pattern is down in the morning then up and up and up the rest of the day, so let's see if today is of any differences.
you did not mention that equal making new lows or am I wrong
Sorry? Don't understand your question?
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
ClarkW wrote:Just a heads up or warning, not a prediction that prices will fall. But we have a possible Bearish Gartley on natural gas
Gartley should be CD = 0.786 of XA, right?
That would be the perfect Gartley (and preferred) for sure. But there are some variations. http://www.harmonictrader.com/gcontroversy.htm
This is why I said it's simply a "heads up or warning and not a prediction that prices will fall." I wouldn't place trades because of it.....
Cobra wrote:testing support. the usual pattern is down in the morning then up and up and up the rest of the day, so let's see if today is of any differences.
you did not mention that equal making new lows or am I wrong
Sorry? Don't understand your question?
I was not very precise thought the equal weighted ETF did break the previous low, so I thought SPY could maybe follow
Unusual
Usually the volatility traders are joined-at-the-hip with the mkt
Long red arrows note spread
(squid GS is right for a change? vol traders are certainly hedging….)
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
Cobra wrote:testing support. the usual pattern is down in the morning then up and up and up the rest of the day, so let's see if today is of any differences.
you did not mention that equal making new lows or am I wrong
Sorry? Don't understand your question?
I was not very precise thought the equal weighted ETF did break the previous low, so I thought SPY could maybe follow
Oh, I see. sometimes SPY follows RSP, not always. RSP leads down definitely is bad news for bulls though.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Cobra wrote:testing support. the usual pattern is down in the morning then up and up and up the rest of the day, so let's see if today is of any differences.
you did not mention that equal making new lows or am I wrong
Sorry? Don't understand your question?
I was not very precise thought the equal weighted ETF did break the previous low, so I thought SPY could maybe follow
Oh, I see. sometimes SPY follows RSP, not always. RSP leads down definitely is bad news for bulls though.
thank you, I am working on a new Avatar, will try to get this in a better shape... later