8 replies to this topic

[iloli way]

A or B?

dash line in both chart is today's close

 

A:

 

B:

[dasein]

why only one?

[iloli way]

Because only one of them we all know is NOT,

 

so I can also rephrase it as:

 

Which one is not the dead cat bounce?

 

(btw, in A, the lower dash line is my cursor caught in screen shot, the upper dash line in A is today's close)

Edited by iloliway, 22 January 2016 - 07:52 PM.

[redfoliage2]

Whether it's a DC bounce it can only be told afterward.....
I usually use Fib retracements to get a clue.......

[csw2002]

Because only one of them we all know is NOT,
 
so I can also rephrase it as:
 
Which one is not the dead cat bounce?
 
(btw, in A, the lower dash line is my cursor caught in screen shot, the upper dash line in A is today's close)

I take you don't consider the rally a deadcat bounce? It sure looks like one to me with volume and trin (>1) confirming big money is selling into the rally.

[K Wave]

looks like he is comparing Oct 2014 to now by the look of those 2 charts.

[brucekeller]

It has a few unique things going for it.  Record option volume on the turnaround day. Pretty darn low sentiment, including AAII although not as highly regarded as before, lots of things.  One thing that is interesting about this puzzle is that if oil goes up to like $60, a sh*t ton of the variables are no longer bearish and all of a sudden banks are raking in the dough.  Not saying oil will rapidly get to those levels or anything, but oil and the commodities have been in a bear for a while, some commodities even years and years.  How long do those bear cycles last?  Will commodities starting to rip and enter a bull be a separate move from equities? Will they move in sync?

[dougie]

Oil going to 60 here and now portends war between Saudis and Iran.

Doubt that would be bullish

[iloli way]

looks like he is comparing Oct 2014 to now by the look of those 2 charts.

 

sorry almost forgot this one, K you have kin eyes too, the point is NEVER JUDGE TOO QUICK, ALWAYS CONSULT WITH HISTORY,  even in the thick of and deep of a bear or bull territory.

 

It's POSSIBLE to predict 7 months down the road using TA LOL !