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#1 da_cheif

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Posted 17 January 2019 - 09:45 AM

timer digest   30% bulls in the top 10

 

AAII 33% bulls 

 

watch what happens when 2636 es is taken out and it will          675  ono



#2 CLK

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Posted 17 January 2019 - 07:49 PM

Agree.  Also 2706 is not far away,  .618, break that and new highs eventually, bear comes back again after that though.

 

I don't think new highs close on a monthly basis.



#3 da_cheif

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Posted 17 January 2019 - 07:52 PM

Agree.  Also 2706 is not far away,  .618, break that and new highs eventually, bear comes back again after that though.

 

I don't think new highs close on a monthly basis.

its called fear rising with price........watch the sky    



#4 fib_1618

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Posted 17 January 2019 - 09:04 PM

And Mark's WSS has been at 20% bulls for the last 2 weeks..

 

Fib


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“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

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#5 diogenes227

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Posted 17 January 2019 - 09:36 PM

And CNN's "Fear and Greed" Index touched an extremely fearful "3" at the bottom (zero is as far down as it can go) and is only now climbing to neutral ground. And my nifty-50 stock list had all 50 stocks on sells for three days running across the bottom with 42 of them deeply oversold on December 24th, just before...

 

And for those of us who follow breadth, via the NYMO/NYSI, are enjoying this rocket ride to the upside (and clutching ejection cord all along the way) while those who have held through the entire fall in the Fall are, I guess, sweating blood over whether or not they will be back to their breakeven at the top (how is blood sweat as a sentiment gauge?).

 

Swing trading. Recommend it. Even in the context of long-term bull and bear markets.

 

Good luck and good trading.


Edited by diogenes227, 17 January 2019 - 09:37 PM.

"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."