could be an Ascending Triangle in the forming. I cannot believe this. the market is so bullish, not even want to take a breath.
Attachments
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.
not a confirmed breakout, but no harm to know the target, it's out of the chart already.
Attachments
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.
If you look at January 2011, transports and small caps corrected before a small pull back in SPX, then they all headed higher before another correction in Feb 2011. Financials and Semi's never recovered....
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.
BullBear52x wrote:OK I got sell trigger on all 4 indexes, I dive in now.
This is short term scalp? You are about to short the indexes at 52 week high?
strictly intraday.
Obviously everyone has their view on the market and I cannot say its right or wrong. I respect that. However, I've lost way too much money doing just this.
grachu wrote:cobra RE POSt where we need to click ?
I want to do it every day just put the link and where and you are all set wit me ~!!!!
it's in my signature. Thanks. Just when you need see how my evil plan goes on the 5 min chart in realtime, you can click that. No need take it as a task everyday.
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.
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)
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.
BullBear52x wrote:OK I got sell trigger on all 4 indexes, I dive in now.
This is short term scalp? You are about to short the indexes at 52 week high?
strictly intraday.
Obviously everyone has their view on the market and I cannot say its right or wrong. I respect that. However, I've lost way too much money doing just this.
I post this chart last week, it's weekly check it out when RSI(5) > 90, how comfortable to buy here? market is due for a correction, I don't expect a crash just small correction will do me good.
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.