Mark S. Young
Posted 03 January 2017 - 08:01 AM
SemiBiz Posted 31 December 2016 - 12:09 AM
So what about that big gap up we're going to see on Tuesday?
They do this every year...
Some of those gaps didn't fill...
Yearly gap up... powerful support... if it holds.
Something to think about...
Nice call!
Mark
Mark S Young
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Volume Dynamics Specialist
Posted 03 January 2017 - 08:04 AM
Thanks, but this call takes no skill - they do this almost every year...
More important now is the YEARLY GAP UP.... POWERFUL SUPPORT.
What they did last week was pull this back on light volume and deep into support...
There was a clue, look at the last hour on Friday, strong push off the low on strong volume.
So until that YEARLY BREAKAWAY GAP IS FILLED now, it's GAME ON to the upside...
We had one in 2013 that has never been filled.
Member
Posted 03 January 2017 - 08:19 AM
We had one in 2013 that has never been filled.
yet 
But I would not be surprised if it gets filled within next two years.
Volume Dynamics Specialist
Posted 03 January 2017 - 08:49 AM
They are chipping away at the futures, been mostly down the last hours.. 2250 here with 2248 15 min support
They are throwing out some bear bait here... NVDA Down premarket 105.25 last low, down small so far...
The bears MUST CRUSH THE GAP...
That's the bottom line.
Edited by SemiBizz, 03 January 2017 - 08:51 AM.
Volume Dynamics Specialist
Posted 03 January 2017 - 09:10 AM
Hmmm, US$ Index pushing that 103.6X level again... 4th trip up...
Looks like 105 is going to be tested.
Volume Dynamics Specialist
Posted 03 January 2017 - 10:07 AM
So Far... VOLUME IS STRONG...
That cancels out all that weak volume nonsense we had to the downside last week...
Of course it can always turn down, and it will...
at some point.
Volume Dynamics Specialist
Posted 03 January 2017 - 10:20 AM
Hmmm, US$ Index pushing that 103.6X level again... 4th trip up...
Looks like 105 is going to be tested.
They say there's no such thing as a quadruple top! US$ Index Breaking out... 103.81... BOOOM ....
Member
Posted 03 January 2017 - 12:28 PM
The likelihood is high for the gap to be filled pretty soon.......
Mark S. Young
Posted 03 January 2017 - 12:39 PM
I just took 10 out of an ES short for my 10/10 model.
This is an interesting day.
Mark
Mark S Young
Wall Street Sentiment
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Volume Dynamics Specialist
Posted 03 January 2017 - 12:50 PM
Should see a new low this afternoon after 1:15PM
