Am also closely watching nasdaq comp 7000 level
THAT was a low? Could be....
#21
Posted 25 April 2018 - 10:38 AM
#22
Posted 25 April 2018 - 11:04 AM
BA back below 5 min 900....
IF...it starts accelerating down here, DOW may be in trouble....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#23
Posted 25 April 2018 - 11:18 AM
BA with multiple swing time frame 900s coalescing...
1 min at 336
5 min at 335
15 min at 333
30 min at 340
So playing off the 1,5 min 900 combo could be a winner for next decent sized swing move...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#24
Posted 25 April 2018 - 11:25 AM
Inv. H&S on the 15 min.
#25
Posted 25 April 2018 - 11:31 AM
So far, nice day for quick scalps..
That may change tomorrow, or possibly even later today.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#26
Posted 25 April 2018 - 11:32 AM
They are selling every rally.
The critical level remains the SPX 200ma at 2608
#27
Posted 25 April 2018 - 11:36 AM
Interesting:
QQQ: Breakdown, Mean-Reversion Opportunity or Both?
http://stockcharts.c...ty-or-both.html
#28
Posted 25 April 2018 - 11:36 AM
Yep critical area alright...
Imagine if BA, AAPL, GOOGL AMZN all let go simultaneously....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#29
Posted 25 April 2018 - 11:38 AM
And vice versa, if they all find their footing here, after brief dips below support....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#30
Posted 25 April 2018 - 11:48 AM
And FWIW, SPX 900 Day MA is currently at 2230 area
Naz Comp all the way down around 5500. It has not touched 900 day since 2010. So we may be due for at least a 1998 type decline, if not at 2000 one...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy