Jump to content



Photo

Expect a Sharp Pullback Soon


  • Please log in to reply
8 replies to this topic

#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

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.

 

 

 

 


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

#2 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,960 posts

Posted 05 January 2018 - 10:00 AM

nose bleeds eh  



#3 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 10,960 posts

Posted 05 January 2018 - 10:09 AM

soon   as in WWW maybe



#4 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

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.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#5 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

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.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#6 qqqqtrdr

qqqqtrdr

    Member

  • Traders-Talk User
  • 3,219 posts

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

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 05 January 2018 - 02:44 PM

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

 

Happy Trading...

 

flowers.gif


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

#8 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 10,144 posts

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

 


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#9 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

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/VolumeDynamics  http://parler.com/Volumedynamics