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Expect a Sharp Pullback Soon


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#1 SemiBizz

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Posted 05 January 2018 - 09:13 AM

So we got a "Sharp Pullback Due Soon" signal at the close yesterday... To expect a sharp pullback soon (within a couple of sessions)  even if we open higher, so that Jobs number was not surprising...  however note that the BLS Birth/Death Model reduced the number by 38,000 Jobs....

 

 

 

We are tracking this here all day in real time, so we're going to be watching for a gap and crap today...

 

All intraday signals will be posted there.

 

 

 

 


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#2 da_cheif

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Posted 05 January 2018 - 10:00 AM

nose bleeds eh  



#3 da_cheif

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Posted 05 January 2018 - 10:09 AM

soon   as in WWW maybe



#4 SemiBizz

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Posted 05 January 2018 - 11:42 AM

 

DB announces $1.5B write down...


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.

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#5 SemiBizz

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Posted 05 January 2018 - 01:57 PM

 

Big Picture - Next leg down takes it to ZERO...


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.

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#6 qqqqtrdr

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Posted 05 January 2018 - 02:38 PM

I don't know Semibizz....   The market is really strong at this point...   Although it should turn around soon from a nosebleed, underlying fundamentals are continuing to improve.....  I think we grind higher.....



#7 SemiBizz

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Posted 05 January 2018 - 02:44 PM

We'll see how you feel in a few days...

 

Happy Trading...

 

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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/tradingcoach1

#8 fib_1618

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Posted 05 January 2018 - 02:52 PM

 

Big Picture - Next leg down takes it to ZERO...

 

Monthly volume suggests that this is more like a retest of the 20 month EMA...but this is the first week of the month.

 

Fib

 


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#9 SemiBizz

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Posted 05 January 2018 - 03:33 PM

Monthly volume clearly consistent with a test of the low... 11.19

 

wimply bounce off the low extended...

 

Just running out of time and momentum.

 

Gonna get sucked right back down into that low.


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/tradingcoach1