Me XMan wrote:Not so fast. You need to give time into your chart.
BullBear52x wrote:Dip buyers got it today again. bull flag breaks
Hahaha well, I draw the line, the price move nothing to do with me or what I think I know it's hard to think that any meaningful to the up side to follow after 3% up day got to pull back some. but when either Bulls or Bears charge you got to give them right of ways.
My comments are for entertainment/educational purpose only. NOT a trade advice.
uempel wrote:Consider that this upswing from 1158 might only be for the good-bye kiss. Imagine a fast drop later this week. Luxury sanitariums would have to open up extra rooms for us all. Or Cobra could invite us onto his yacht cruising in the Caribbean, and shrinks and playmates would have to bring us back on track. Am I fantasizing?
uempel wrote:Consider that this upswing from 1158 might only be for the good-bye kiss. Imagine a fast drop later this week. Luxury sanitariums would have to open up extra rooms for us all. Or Cobra could invite us onto his yacht cruising in the Caribbean, and shrinks and playmates would have to bring us back on track. Am I fantasizing?
gg.png
Dumb question from newbie who doesn’t follow P&F:
So blue=support that we bounced off, now green means we’re going back up, or do we have to clear ~1260 before we say that?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
uempel wrote:Consider that this upswing from 1158 might only be for the good-bye kiss. Imagine a fast drop later this week. Luxury sanitariums would have to open up extra rooms for us all. Or Cobra could invite us onto his yacht cruising in the Caribbean, and shrinks and playmates would have to bring us back on track. Am I fantasizing?
gg.png
Dumb question from newbie who doesn’t follow P&F:
So blue=support that we bounced off, now green means we’re going back up, or do we have to clear ~1260 before we say that?
Right, a break of 1260 is bullish, and a break of 1293 is extremely bullish.
New Member
Hello everyone
I joined yesterday. I have traded several years with a IRA and a small trading account. On TA I like to use moving Ave. on 15, 30, and 60 min. charts. Also I use channels for tops and bottoms of moves. If I am patient and hold the market will pay, but I sold my longs yesterday. The SPX and RUT hit the top channel from 11-8 and 11-15 today. Woops
Thank you Cobra and others for all the good work.
Oh yeah baby...breaking that SPY down a little more...
newbie_77 wrote:not so fast ....
i still think there will be a ramp up job to take this higher at the EOD... more than 3% up(over night)... prolly to 125 area ....