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right now it is rather neutral with slight bearish hint. The market become very OB in the short term. Possibly some dip on Monday. Bear will need to break yesterday's LOD. the megatechs are possibly in topping phase, so bull need to be very careful.fehro wrote:nice call yesterday josephli in the short covering rally.. trying to save those weekliesjosephli wrote:It will be wild wild ride for sure. with forex and treasuries huge move.fehro wrote:don't trust it.. but take out yesterday's HOD.. then off to the races we go.. VIX weakening.. RUT still weak, .. VXX not moving.. yet.. doesn't buy it.. so farfehro wrote:SPX invs H&S target fwiw.
TRANSport weekly.. .ugly.. missed that even with oil at LOW and RUT not pretty eitherfehro wrote:nice call yesterday josephli in the short covering rally.. trying to save those weeklies
The internals are bad. therefore bull need to be cautious.champix wrote:uempel's BP are weak, something smells bad...
http://stockcharts.com/freecharts/candl ... BPENER|C|0
Right, bulls are no way out of the woods given short term resistance of 5, 10, 20 ma still in play and the $xxHL's weak and many more end of day data like $HRxxx, for now into the weekend holding longs is a little ballsy to my liking.champix wrote:uempel's BP are weak, something smells bad...
http://stockcharts.com/freecharts/candl ... BPENER|C|0
Agree BB, only people will go long over weekend who have not seen yesterday's action! I think market will retreat half of it's gain between 2 to 4!BullBear52x wrote:Right, bulls are no way out of the woods given short term resistance of 5, 10, 20 ma still in play and the $xxHL's weak and many more end of day data like $HRxxx, for now into the weekend holding longs is a little ballsy to my liking.champix wrote:uempel's BP are weak, something smells bad...
http://stockcharts.com/freecharts/candl ... BPENER|C|0
Yup, yesterday was a warning.Junior Buffett wrote:Agree BB, only people will go long over weekend who have not seen yesterday's action! I think market will retreat half of it's gain between 2 to 4!BullBear52x wrote:Right, bulls are no way out of the woods given short term resistance of 5, 10, 20 ma still in play and the $xxHL's weak and many more end of day data like $HRxxx, for now into the weekend holding longs is a little ballsy to my liking.champix wrote:uempel's BP are weak, something smells bad...
http://stockcharts.com/freecharts/candl ... BPENER|C|0
It was Draghi.. he knew.. he was going to flip flop… lolMrMiyagi wrote:
So how severe of these pbars?MrMiyagi wrote:
WOW!MrMiyagi wrote:
IIRC, Unique posted sometimes ago that when Draghi speak, market will jinx, followed by 40pt drop?fehro wrote:It was Draghi.. he knew.. he was going to flip flop… lolMrMiyagi wrote: