Volume Dynamics Specialist
Posted 20 July 2018 - 10:07 AM
This chart shows the TRUMP RALLY CHANNEL from 5034 in November 2016...
We are hovering at the lower uptrend line... and the problem is that the high, is also not far from that lower uptrend line...
In a sense... PUSHING DOWN on it...
We told subscribers to expect UP THROUGH 7/20 - it is 7/20 today...
we think next week is going to be a different story, especially when this lower uptrend line BREAKS...
Member
Posted 20 July 2018 - 11:18 AM
No big move until at least AMZN's numbers are out of the way next Thursday, its the biggie of the NAZ and maybe the whole market...its waiting me thinks.
Volume Dynamics Specialist
Posted 20 July 2018 - 11:38 AM
Nah, that's CYCLICAL stuff...
I'm looking for STRUCTURAL decline...
No amount of earnings "news" is going to fix this.
Watch China.
Member
Posted 20 July 2018 - 11:49 AM
Interesting chart. There was a DeMark Sequential 13 sell signal (Perl's settings) on the COMPX daily chart on Wednesday. Amazon's P/E is 320. A close below 7749 would signal potential for a move down of consequence.
Volume Dynamics Specialist
Posted 20 July 2018 - 02:39 PM
VIX Options Signal Points to Possible Volatility Spike
That was my hunch, just happened across this...
Volume Dynamics Specialist
Posted 20 July 2018 - 03:01 PM
And NASDAQ FINISHES UNDER LOWER TRUMP RALLY CHANNEL UPTREND LINE...
Back into hyperspace...
Volume Dynamics Specialist
Posted 15 August 2018 - 11:53 AM
Nah, that's CYCLICAL stuff...
I'm looking for STRUCTURAL decline...
No amount of earnings "news" is going to fix this.
Watch China.
Well? This was 25 days ago from today...
Who SAYS you can't predict markets?
Hmmmm????
Where did I go wrong?
