A little resistance here but I don't think it'd do much to bulls.
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once Swing sell setup trigger (RSI<70) from there anything higher will be the last stand for short term swing bears. the Daily bullish reversal with positive AD issues will also confirm a bottom of sort. since we have LL yesterday, my daily trend following is flagging the buy dip "FAILED", therefor Bears are now earning sell rip coupon on a daily. the 5 min. swing sell remain to be seen after it should trigger today since we got a long way to go yet, from there I will be able to know if this last sell setup is good or fail. lets get a popcorn and enjoy the show. papa is waiting for that last sell.
My comments are for entertainment/educational purpose only. NOT a trade advice.
On the Volume/Market profiles, the value area is still lower than yesterday's. with a move up in advertisement price the value area should move up but not yet atm. still looks like a short squeeze low volume on the upticks.
My comments are for entertainment/educational purpose only. NOT a trade advice.
The pullback will be bought if not already being bought.
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You know, BnB52. "Climbing the wall of worry." Ha ha. And sitting on a cliff. It looks like three fat guys hanging on a tightrope, trying to not lose their grip. Ha ha.
Charts posted are not recommendations. They are just a sharing of information.
You know, BnB52. "Climbing the wall of worry." Ha ha. And sitting on a cliff. It looks like three fat guys hanging on a tightrope, trying to not lose their grip. Ha ha.
amazing market. put the bulls cap's on if we continue to trade higher tomorrow.
My comments are for entertainment/educational purpose only. NOT a trade 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.
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.