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BULL TRAP


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#1 dTraderB

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Posted 01 February 2018 - 08:42 AM

.... that can quickly morph into a BEAR TRAP after tech earnings after 4pm EST today.

It appears as if, finally, the political stuff is impacting markets. 

The rallies during the last few days have bee sold; ditto for some of the dips.

That 22-point S&P Futures drop this morning is surprising with no significant bearish news. 

Look at those CRYPTOS crash to the Mid-January and December low, Bitcoin 9300, from the 20K top.

 

 



#2 NAV

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Posted 01 February 2018 - 08:45 AM

 

 

That 22-point S&P Futures drop this morning is surprising with no significant bearish news. 

 

When markets drop based on no news, it's very bearish. Like some wise guy once said "News is for chumps".


Edited by NAV, 01 February 2018 - 08:46 AM.

"It's not the knowing that is difficult, but the doing"

 

https://tradernav.blogspot.com

 

https://twitter.com/Trader_NAV

 

 


#3 CLK

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Posted 01 February 2018 - 09:20 AM

.... that can quickly morph into a BEAR TRAP after tech earnings after 4pm EST today.

It appears as if, finally, the political stuff is impacting markets. 

The rallies during the last few days have bee sold; ditto for some of the dips.

That 22-point S&P Futures drop this morning is surprising with no significant bearish news. 

Look at those CRYPTOS crash to the Mid-January and December low, Bitcoin 9300, from the 20K top.

 

 

 

 

Go back and look what happened Q4 earnings announcements last year for AMZN and GOOG.  I already did.