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01/18/2025 Weekend Update

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Cobra
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01/18/2025 Weekend Update

Post by Cobra »

Up 1 week, the next week has 54% chances to close up, 77% chances to make a higher high.

So more up.

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te_fern
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Joined: Tue Nov 24, 2015 3:35 pm

Re: 01/18/2025 Weekend Update

Post by te_fern »

Over the long weekend, please take a moment to vote for Cobra, thanks: https://stockcharts.com/public/1684859/ ... /533449377
This is not investment or trade advice.
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BullBear52x
Posts: 30277
Joined: Tue Feb 22, 2011 3:47 pm

Re: 01/18/2025 Weekend Update

Post by BullBear52x »

"It is what it is department" MIXED signals we have. This run up were suspecting to me but Only Price Pays....

A daily trend following setup: next rip will be sold, we are not there yet, so more room to go on the up and overbought? Patience, React, and Don't predict.
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Swing setup: in the buy mode still, next dip will be bought until then will we know if the change will happen. for now, dip will be bought until it fails.
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Intraday: we had a negative price action on Friday, as Cobra mentioned second negative price action in the row now. what it tells me, the experienced traders will buy as long as intraday momentum were good. until the bids dried up then they will sell at the end of day. less and less overnight holding. we are due for a pull back. A trade higher from Friday's high is a must for bulls, anything else lower I will find excuse to sell for me. keep it simple. Peace!
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My comments are for entertainment/educational purpose only. NOT a trade advice.
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JFR
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Joined: Sun Dec 02, 2012 7:24 pm

Re: 01/18/2025 Weekend Update

Post by JFR »

SPY daily.

Up off the EMAs 20 and 50.

Eyes on the top just above.

A super fast recovery.

Much heavy lifting needed.

The bulls and bears are always ready to play big, in turn. The little guys tend to get burned.

Play the tops and bottoms, breakouts and momentum pullbacks.

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Charts posted are not recommendations. They are just a sharing of information.
grandeG
Posts: 350
Joined: Fri Jun 27, 2014 2:40 pm

Re: 01/18/2025 Weekend Update

Post by grandeG »

Another fantastic write up on this weekend. Thank you guys for taking the time to share and enjoy your long weekend!
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