Al_Dente wrote:Boss: what is RevShark? can u link please thanks
"The Reverend Shark" and Shark Investing have been around for ages. He navigated the dot.com bubble well, the 2000-2003 bear market volatility well, and I've kept his wisdom constantly in sight since then.
This is his twitterfeed: @RevShark. That links to everything else. I don't currently have a subscription or membership with his organization.
He hangs with Cramer and the Fast Money crowd, is a contributing author of periodic articles in their stream.
Another clean touch of the NQ gap fill line, now strong resistance. Market stuck in neutral. NQ bids and asks much, much quieter today. Schizo yesterday.
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Charts posted are not recommendations. They are just a sharing of information.
Quite so. By a number of metrics-- middle of daily range, flat from Open, flat from yest, and even proximity to daily VWAP and support/resistance lines.
Last edited by Daniel on Tue Feb 13, 2018 1:42 pm, edited 1 time in total.
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Another example: TLT fell to about 118.50 near the close last Wed. Currently sits at that price, having fluctuated mildly around it during the interval.
This may perhaps be interpreted as "consolidation" after volatile selling...
Cobra wrote:possible ascending triangle, bias is up.
RVX back under 23.
..GLTA, must be off to an appointment. Keep close watch on up/down volume, is more important than advance/decline just now. Big money is moving around.
Last edited by Daniel on Tue Feb 13, 2018 2:00 pm, edited 1 time in total.
Al_Dente wrote:Boss: what is RevShark? can u link please thanks
"The Reverend Shark" and Shark Investing have been around for ages. He navigated the dot.com bubble well, the 2000-2003 bear market volatility well, and I've kept his wisdom constantly in sight since then.
This is his twitterfeed: @RevShark. That links to everything else. I don't currently have a subscription or membership with his organization.
He hangs with Cramer and the Fast Money crowd, is a contributing author of periodic articles in their stream.
thanks
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
10 DAY TREND:
LONG (solid lines) or SHORT (dashed lines)
% performance, with a purple 20ma on 3x purple spy
10 days, 10 minute chart, ALL ARE LEVERAGED
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Al_Dente wrote:10 DAY TREND:
LONG (solid lines) or SHORT (dashed lines)
% performance, with a purple 20ma on 3x purple spy
10 days, 10 minute chart, ALL ARE LEVERAGED
213long short.png.png
So Al, do those charts give any hint at who might cover a bit ahead of cpe release tomorrow?
Longs or shorts weak at these levels for swing traders?
thanks
Al_Dente wrote:10 DAY TREND:
LONG (solid lines) or SHORT (dashed lines)
% performance, with a purple 20ma on 3x purple spy
10 days, 10 minute chart, ALL ARE LEVERAGED
So Al, do those charts give any hint at who might cover a bit ahead of cpe release tomorrow?
Longs or shorts weak at these levels for swing traders?
thanks
I don’t know yet. I’m using that 20ema purple line on the long/short chart i just posted as a guide (3x spy above that purple 20ma=bull, and the reverse, under=bear). Today the 20ma purple is flat, and we don’t usually get a CPI leak.
Here’s the expected CPI https://www.screencast.com/t/tIMBHjmL
over/under CPI manana will quake the markets
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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.
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.
3 push up, usually could be another push which might make lower high though.
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