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)
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)
pullback as expected but it's much larger than I thought.
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rebound weak so far, could be another leg down. 15 min to close, so I'm not sure.
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per Stockcharts, NYSE advancers never did push to a new intraday high on either of the afternoon occasions when SPY did... most bullish when breadth leads, but also OK if it merely confirms, which today it didnt...
BullBear52x wrote:Mid to Long term new entry setup, we are now into the sell the rip, the last buy the dip disappoint us with no new high, so......a roll down or proper rip for an entry? Hmmm...
BB: you keep posting this chart as bearish.
Does it not show POSITIVE divergence?
And classic textbook "reaction low"??
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BullBear52x wrote:Mid to Long term new entry setup, we are now into the sell the rip, the last buy the dip disappoint us with no new high, so......a roll down or proper rip for an entry? Hmmm...
BB: you keep posting this chart as bearish.
Does it not show POSITIVE divergence?
And classic textbook "reaction low"??
Yes, that's why I mentioned disappointed on the last dip buying that was from Pos D you mentioned.
and here too today, it's bullish set up but it will not until there's breakout. good looking but only until it does show the money to count on. it is what it is.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
it's not even a 2nd leg down, so if not because of 9 min to close, I'd say this bear has legs.
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rocket wrote:Is the NYMO/VIX Equities buy set up being triggerred today?
see members only update, just out.
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