KENA wrote:The odds of a mkt pop up are getting stronger.When the mkt plays around sideways like it has for days now the odds increase for a bullish move..If we get a pop to 1410 then maybe we could see a move to test the 1420 area.When, who knows but the mkt has to get some shorts out befor going lower.IMHO
I've been saying this for 3 weeks. There is no point going short. No point find a market top. Wait for that nasty reversal. Last week should have been telling as anytime we dipped below 1397 it was bought quickly. This is going to be a slow and nasty grind for everyone. Just wait, that reversal will happen. But nothing is bearish right now.
Looks like Do or Die for the Long Bond here.
A double top of sorts has formed, and a line in the sand has been breached.
This has a ways to run if Uncle Ben let's it.
Very bullish if all that money is going to come out of TSYs and flow into equities.
BullBear52x wrote:Dr. Al, here is VIxies that I found in the parking lot.
boss there is a fly buzzing all over my screens. What shi do?
I keep it simple, on Swing let it rise. counter trend at extreme on intraday. Bull trend and support is still strong, we are close to the top but price pays.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x wrote:Dr. Al, here is VIxies that I found in the parking lot.
boss there is a fly buzzing all over my screens. What shi do?
I keep it simple, on Swing let it rise. counter trend at extreme on intraday. Bull trend and support is still strong, we are close to the top but price pays.
ps your “parking lot” vixies look a lot like theft but I can’t b sure cuz u messed it up and hid the settings
BullBear52x wrote:Dr. Al, here is VIxies that I found in the parking lot.
boss there is a fly buzzing all over my screens. What shi do?
I keep it simple, on Swing let it rise. counter trend at extreme on intraday. Bull trend and support is still strong, we are close to the top but price pays.
ps your “parking lot” vixies look a lot like theft but I can’t b sure cuz u messed it up and hid the settings
failed double bottom, here's possible MM target. again, not sure.
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volume surge, so might be a rebound here. the reason I'm not sure about MM target is it could be a Triangle.
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MrMiyagi wrote:TRAN off and running, seems to me that here comes SPX 1500!!
trans cant get much of anything going and its been that way for sometime.........they already had the death cross.......now they cant muster enough to get back above the 50 and 200 dma's