25 replies to this topic

[dTraderB]

Below are three of my posts to mark recent big turns in the market.

Here I go again, I could feel it, the great 2019 V-RALLY is almost over

Line in the sand is a daily close above SPX 2764/70 zone which would negate this this call and lead to a higher market

Much more on this and follow-up later and during the next few days

 

McClellan's "10-1 UP VOLUME DAY" marked the ST bottom

http://www.traders-t...-the-st-bottom/

 

 

Truckload of SPY calls.... bring it on!

http://www.traders-t...ls-bring-it-on/

 

 

Is the Great Bull Market over? Could be that today is the Turning point

http://www.traders-t...-turning-point/

[cycletimer]

Short term, you are spot on.  Overbought and stalling.  However, I do believe any dips will be contained and the 2600 support will hold.  I bet a lot of traders are like me, Heavy in cash anxious for a dip!  Cash rich, stock poor! 

Edited by cycletimer, 06 February 2019 - 01:34 PM.

[Dex]

thanks

[redfoliage2]

Market is unable to go anywhere at this toppy place.  It's bad for ST option holders................

[redfoliage2]

Market is unable to go anywhere at this toppy place.  It's bad for ST option holders................

Now I see NYMO finally starts tanking from the nose-bleeding place.  You can see it after close today...............

[blustar]

I think you are right.  NASDAQ maybe today and the SPX Dow on Friday. Next week down into the 19th.

[dTraderB]

Some are saying this, and only this, is the VERY IMPORTANT reason why the FED had to stop rate hikes and QT.

 

Bloomberg‏Verified account @business 11m11 minutes ago

More

The stock market swoon is threatening to compound the mountain of unfunded pension liabilities confronting states and local governments

https://www.bloomber...ding-challenges

[robo]

Some are saying this, and only this, is the VERY IMPORTANT reason why the FED had to stop rate hikes and QT.

 

Bloomberg‏Verified account @business 11m11 minutes ago

More

The stock market swoon is threatening to compound the mountain of unfunded pension liabilities confronting states and local governments

https://www.bloomber...ding-challenges

The Fed has problems....

https://stockcharts....52c&a=644717628

Powerless Powell's Jerome Jeremiad

https://seekingalpha...tRoadblock=true

[dTraderB]

50ma support, 200ma resistance

 

How far down on this pull-back?

 

What will be the bulls' response?

 

Will bears be motivated to sell more in response to buy-the-dippers?

 

[dTraderB]

Luke Kawa‏ @LJKawa

FollowFollow @LJKawa

More

The share of S&P 500 constituents in overbought territory recently hit levels not seen in over a year. (Still amazing even in hindsight, about how little relative euphoria there was at the 9/20 peak)

4:10 AM - 7 Feb 2019