10 replies to this topic

[NAV]

... when the markets start uptrending. Been observing this for over 16 years.

 

See you folks at new all time highs on SPX. If the markets present any new information that will prove me wrong, i will update here. Until then..... . 

[redfoliage2]

I see you can buy at lower prices Wednesday if you still want to go long ................

Edited by redfoliage2, 06 August 2018 - 02:12 PM.

[NAV]

I see you can buy at lower prices Wednesday if you still want to go long ................

 

I am long from SPX 2810 and up 40 handles. Lightened up a bit today.

 

https://twitter.com/...038759421726720

 

Lower prices on Wed ? - Wait isn't that da_cheif's WWW ?   

[hiker]

point of reference fyi:

 

the dividend-adjusted version of SPY available as the default at Stockcharts.com has

already surpassed the January 2018 intraday price high 

 

on one day two weeks ago on an intraday basis

and today, August 6, 2018, on a daily close basis

 

===========

 

https://stockcharts....e_other_website

Adjusted vs. Unadjusted Data

We adjust our historical price data to remove the effects of fund distributions, dividends, and stock splits from our charts. If you are noticing multiple data differences for a stock's historical data, this is most likely the reason.

Splits, distributions, and dividends are “artificial” changes in the price of a ticker symbol that create gaps on technical charts causing misleading signals from technical indicators. To eliminate those gaps, we decrease our historical prices (and increase our historical volume data) in a way that removes these misleading signals.

For more information about our data adjustment policy, please see this article:
Historical Price Data is Adjusted for Splits, Dividends and Distributions 
 

Edited by hiker, 06 August 2018 - 03:26 PM.

[K Wave]

NQ huge pivot zone at 7400 with NAZ summation  right near zero line.

 

As long as 7400 holds, and summation turns back up here, bulls still have ball.

 

But, should the sellers show up soon, and take out 7400 and send summation below zero, things could change....rapidly....

 

First sign of possible weakness would not being able to hold 7450 after the open....

Edited by K Wave, 07 August 2018 - 08:18 AM.

[cycletimer]

NAV!
WHAT ANOUT THE BLUSTAR FORECAST? NOT SCARED OUT OF YOUR LONGS?

[NAV]

NAV!
WHAT ANOUT THE BLUSTAR FORECAST? NOT SCARED OUT OF YOUR LONGS?

 

Somehow the planets and stars have never scared me. I am in harmony with them most of the time 

[12SPX]

Actually as I understand it, correct me if Im wrong, but I believe those turning points can come at anytime so he might have had the move right just the wrong direction maybe.  Who knows, I do agree with Redfoliage that this is going up on fumes and doesn't have the feeling of a healthy move, I'd prefer a -1.5-2% correction here to resolve it which could come as were nicely in that upwardly slanted channel.

[K Wave]

QQQ wedging.....moment of truth for rest of today could be dead ahead...

[K Wave]

APPL struggling to hold the 1T level...