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Rally over! Bear is hear to stay!


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#11 fib_1618

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Posted 14 February 2018 - 12:10 PM

The bull is dying, Mark.

 

Technically speaking, based on what?

 

Fib


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#12 da_cheif

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Posted 14 February 2018 - 12:20 PM

the bull just dropped off stage one of the rocket ride   ....next stage igniting......snort



#13 da_cheif

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Posted 14 February 2018 - 12:22 PM

I will turn to be a bull only after spx closes above 2800

uwill....but then at 2800 ull pray for a pullback againpop.gif



#14 Chilidawgz

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Posted 14 February 2018 - 12:31 PM

It's neither a bull or bear. What is the trend based on your trading time frame and your technicals?


Anything can happen...what's happening now?
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#15 Chilidawgz

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Posted 14 February 2018 - 12:41 PM

the bull just dropped off stage one of the rocket ride   ....next stage igniting......snort

launch underway

summation2.jpg


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
 

#16 OEXCHAOS

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Posted 14 February 2018 - 12:43 PM

The bull is dying, Mark.

 

That attitude, it seems to me, is a great way to end up on the wrong side of the market.

 

To my way of thinking a Bull market is in effect until either my objective measures say it's a Bear, OR, until the market starts acting like a Bear. Since buy signals are working out, and rather quickly, and since we've continued rallying after Momentum turned up, by my measures, this is still acting like a Bull market and is objectively well away from turning.

 

I think it is a mistake to predict one's indicators, and also to guess about the end of an impressively strong up trend. What if your guess is wrong? Is your stop just arbitrary? Do you even have a stop? If you're acting on faith, should you have a stop at all? See where this takes you?

 

Mark


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#17 da_cheif

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Posted 14 February 2018 - 03:09 PM

 

the bull just dropped off stage one of the rocket ride   ....next stage igniting......snort

launch underway

summation2.jpg

 

nice charts.... its encouraging to see this kind of ta .....its rare on this board



#18 CLK

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Posted 14 February 2018 - 04:13 PM

I don't trust it, took some off long and reversed short.



#19 MikeyG

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Posted 14 February 2018 - 04:19 PM

UP, UP AND AWAY!! 



#20 CLK

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Posted 15 February 2018 - 09:33 AM

ES 2720 was too tough, market is done for the week.