BullBear52x wrote:don't feel good with this sell, I'll be nimble with it.
I have on stop run at 1550 and another estimate at 1551.75
Yesterday HOD 1549.50 ES
Since I didn't catch the low of 1536.25 at 8:41 and we are up 12.75 of an est 15.50 range,
I'm not allowed (by my rules) to sell so good luck to all and back to bed for me.
Educational only and not trading advice (EO&NTA) Good trading to all
Worthy of note:
SPY low on April 5 was 153.77
Spy lower low yesterday April 18 was 153.72
Yet both NYMO AND NAMO printed a higher low (see green dotted line) creating a positive divergence
[both NYMO and NAMO are eod end of day yesterday]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
OK, I'm back. still this bull has legs, so I should have missed nothing.
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BullBear52x wrote:don't feel good with this sell, I'll be nimble with it.
I have on stop run at 1550 and another estimate at 1551.75
Yesterday HOD 1549.50 ES
Since I didn't catch the low of 1536.25 at 8:41 and we are up 12.75 of an est 15.50 range,
I'm not allowed (by my rules) to sell so good luck to all and back to bed for me.
Thanks boss, missed your video.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Al_Dente wrote:Worthy of note:
SPY low on April 5 was 153.77
Spy lower low yesterday April 18 was 153.72
Yet both NYMO AND NAMO printed a higher low (see green dotted line) creating a positive divergence
[both NYMO and NAMO are eod end of day yesterday]
The attachment 4189nymo.png is no longer available
Here is the forgotten VIXies, lagging indicator but it can give us the sense of overall moods.
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.
So we're just now hitting up against the upper trendline. No idea which way it will go, but it looks like it should break through, considering the Strong Up volume today.
Al_Dente wrote:Worthy of note:
SPY low on April 5 was 153.77
Spy lower low yesterday April 18 was 153.72
Yet both NYMO AND NAMO printed a higher low (see green dotted line) creating a positive divergence
[both NYMO and NAMO are eod end of day yesterday]
4189nymo.png
Here is the forgotten VIXies, lagging indicator but it can give us the sense of overall moods.
1.JPG
thanks boss
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Vaamsy wrote:Fehro/TraderGirl, any charts on GDX? More downside in the near future?
I don't really follow it, I hope you are on the short side. Looks lower. fwiw.
I'd look for a bounce on the red channel.. may consolidate near here.. could make a triangle like AAPL did for the next few months. If it does find support.. it could bounce to the upper red channel, and fill the gaps it just made last week..
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