Jump to content



Photo

A Top


  • Please log in to reply
5 replies to this topic

#1 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,028 posts

Posted 04 August 2017 - 12:09 PM

Could be just a short term top, but more likely an IT top, regardless ADP or NFP or ..........  I should get a confirmation as soon as next week. 


Edited by redfoliage2, 04 August 2017 - 12:12 PM.


#2 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,962 posts

Posted 04 August 2017 - 12:57 PM

Could be just a short term top, but more likely an IT top, regardless ADP or NFP or ..........  I should get a confirmation as soon as next week. 

the only confirmation of a top is when euphoria is indemic......and with fear rising with price the market has a long way to go.



#3 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,028 posts

Posted 04 August 2017 - 01:46 PM

I wonder if this makes Monday more interesting:

https://www.timeandd...r/2017-august-7


Edited by redfoliage2, 04 August 2017 - 01:55 PM.


#4 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,962 posts

Posted 04 August 2017 - 01:48 PM

?????????



#5 12SPX

12SPX

    Member

  • Traders-Talk User
  • 12,577 posts

Posted 04 August 2017 - 02:07 PM

One thing I gotta say is that this is the quietest market I have seen in awhile, is it Christmas and I missed something.  Will be interesting to see what the volume is at the end of the day!



#6 Data

Data

    Member

  • Validating
  • 2,618 posts

Posted 04 August 2017 - 04:16 PM

Better watch what you say.   The guy above is chasing down every post.

 

There was an article the other day on bonds, rebalancing, and its impact on the stock market.  Hence, there's a strong correlation between the two markets.