The attachment lunch_png.png is no longer available
Attachments
laughing_dog.jpg (5.44 KiB) Viewed 5959 times
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.
Are the bulls building an inverted H&S - or is this decline for real, down to 1750 and perhaps even further? I have no idea what's going on, I guess I'm not the only one who's guessing
Gasoline Prices
“Deutsche Bank's Joe LaVorgna has a rule of thumb which says that every penny of lower gas prices per gallon yields $1 billion in economic stimulus.”
“Oppenheimer's John Stoltzfus reminds us … Average prices are $0.23 or 9.4% below their year average.Should average prices continue to fall, it could provide a boost to consumer confidence and even an increase in consumer spending heading into the holiday season."
[FRED via Business Insider]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment 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.
uempel wrote:Are the bulls building an inverted H&S - or is this decline for real, down to 1750 and perhaps even further? I have no idea what's going on, I guess I'm not the only one who's guessing
The attachment 100.png is no longer available
Consolidation phase is day traders paradise, a hell for position traders.
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.
mini target reached. this bull shall have small legs, so now we can eliminate the dashed red arrow.
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.
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.
we're here. bears need pray. I hope i'm wrong but that's what mostly would happen recently.
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.
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.
target. exceeds it means bears are over as only 1 hour left for today.
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.
Waiting for more sell signals, one I am watching is the VIX BB sell signal, the bands are closing in, and we need a rally to place another candle outside the BB to signal a top, continuing higher lows does not look good overall for the bulls longterm either: