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02/27/2017 Live Update

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Al_Dente
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Re: 02/27/2017 Live Update

Post by Al_Dente »

HAPPY HOUR
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Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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Junior Buffett
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Re: 02/27/2017 Live Update

Post by Junior Buffett »

BullBear52x wrote:Don't short the Dull market come to mind, here we marching up again, That top red zone is no more.
But VIX is going higher...I am bit concern about VIX future though...still red...not a good sign for BEAR
fehro
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Re: 02/27/2017 Live Update

Post by fehro »

mind EOM profit taking.. VIX/VXX active..
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Cobra
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Re: 02/27/2017 Live Update

Post by Cobra »

Al_Dente wrote:HAPPY HOUR
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BullBear52x
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Re: 02/27/2017 Live Update

Post by BullBear52x »

Chart for the road: Momentum still weak on a daily, but the longer the bull can hold up the less likely any meaningful pullback will be. peace!
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Al_Dente
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Re: 02/27/2017 Live Update

Post by Al_Dente »

IWM needs to blow through that resistance
Otherwise she runs the risk of an H&S setup
15min
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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: 02/27/2017 Live Update

Post by Cobra »


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Cobra
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Re: 02/27/2017 Live Update

Post by Cobra »

well, guess that's it for today. Tuesday tomorrow has been very bull friendly recently. thank you guys, I'll see you tomorrow.

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uempel
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Re: 02/27/2017 Live Update

Post by uempel »

Resistance held today ...
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uempel
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Re: 02/27/2017 Live Update

Post by uempel »

Trump presents his budget ideas to Congress tomorrow ...
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DellGriffith
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Re: 02/27/2017 Live Update

Post by DellGriffith »

Daily SPY:

From Nov 2015 to Feb 2016, we nearly set an all time record for most consecutive days without hitting the upper bollinger band at around 75 days. We immediately followed that up by going around 55 days without touching the lower bollinger band. Currently we are on another massive bull streak. We've gone about 75 days without touching the lower bollinger band, which is the largest streak in the past 5 years. Maybe ever.

Not a good time to be a bear.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
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