Semi, before everything gets out of control, you need a decent amount of volatility. There is not enough volatility so far, so I would expect any initial volatility to be still bought back up until the quarter end. We may see the downside accelerate only after August...
I was shocked at the lack of excitement over this chart
Started by
da_cheif
, Apr 24 2017 09:18 PM
26 replies to this topic
#22
SemiBizz
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Volume Dynamics Specialist
Posted 26 April 2017 - 09:52 AM
Volatility is just an intraday game they play at these levels...
Poke here, and a poke there, mostly jerking around the 2X and 3X VIX ETFs to create impressions.
I pay no attention to it, until it gets over 20, then it gets interesting.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#23
K Wave
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Posted 26 April 2017 - 11:47 AM
whole lotta shaklin' goin' on waitin' on "the news".....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#24
dowdeva
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Posted 26 April 2017 - 11:49 AM
"...It all depends on the semiconductors, since the Nasdaq is the lead horse in the pack..."
RUT not doing to badly either in terms of leadership and has a measured move from the rectangle formed from the lows targeting 1440-1450-1460.
Getting there awfully fast.
#25
trioderob
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Posted 26 April 2017 - 11:53 AM
my call is that this market is going to keep going up
the situation is Korea is a stalemate - market was pricing in attack
France stays in EU - market was pricing in a breakup
China does not have a crash landing - market was pricing that in
Nobody cares about Greece anymore
Employment levels are high - people are spending
Obamacare put on hold
strong demands for new homes
home values up
tax break coming
fear / greed charts super negative
what does that all add up to ?
#26
SemiBizz
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- Traders-Talk User
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Volume Dynamics Specialist
Posted 26 April 2017 - 12:18 PM
Yes, but RUT is already at all time highs...
Nothing special about that right now, so is the Nasdaq and SPX, just about...
SOX on the other hand gives the boyz something to do...
Along with the banks.
At a certain point, that I just defined at 1050, it's time to get out of the way and let em have their new highs...
I mean really, isn't this a grade school exercise, at the end, everybody gets an A + and a participation trophy...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#27
da_cheif
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Posted 27 April 2017 - 11:24 AM
you left out civil war ww1 ww2 korea, vietnam, asian collapse, savings and loan collapse. afganistan...iraq .....kennedy assisination.....continental illinois ...collapse ....oil embargo....etc etc.theres allways news......watch the sky and btfds
