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Compression & Coiling: Big Move ahead


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#1 dTraderB

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Posted 28 February 2019 - 06:00 PM

It's just logical that all this compression & coiling will lead to a big move, soon. 

VIX and VXX slightly DOWN with SPX also DOWN (they are not supposed to be in DIRECT SYNC, but INVERSE)

 

I think it will be down ....

 

OddStats @OddStats
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This was the tightest range of closes over a 5d period on $SPX since the 5d period ending Oct 3, 2018. The next day, the sell off that became the Christmas Eve Bear Market began.

1:01 PM - 28 Feb 2019

 

 



#2 dTraderB

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Posted 28 February 2019 - 06:02 PM

This looks nice but not necessarily meaningful.

 

BeastlyBeast @BeastlyBTC
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Replying to @OddStats

OMINOUS

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1:15 PM - 28 Feb 2019


#3 dTraderB

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Posted 28 February 2019 - 06:06 PM

WOW! What a website!

 

How on earth I never knew about this before?

 

TONS of data! see link below

 

spx-mc.jpg

 

 

https://www.marketin...llan-oscillator



#4 dTraderB

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Posted 28 February 2019 - 06:17 PM

TESLA & FRAUDCOIN seem to be so similar! 

Am glad I stayed away from BOTH

 

Holger Zschaepitz @Schuldensuehner
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Tesla shares tumble >3% after-hours as $35,000 Model 3s doesn’t mean making money on It. "It's excruciatingly difficult to make this car for $35K and still be financially sustainable,“ Musk says. Musk does not expect to be profitable in Q1, but says profitability in Q2 is likely.

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2:51 PM - 28 Feb 2019

Edited by dTraderB, 28 February 2019 - 06:18 PM.


#5 dTraderB

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Posted 28 February 2019 - 06:22 PM

Tom McClellan @McClellanOsc
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Pretty quiet (so far) break from a rising wedge structure.

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2:43 PM - 28 Feb 2019
Below ZERO
McClellanOsc_488.gif
 
 
 


#6 dTraderB

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Posted 28 February 2019 - 06:27 PM

Barron'sVerified account @barronsonline
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Why Stocks Could Be Headed for Short-Term Pain and Long-Term Gain

 

 



#7 dTraderB

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Posted 28 February 2019 - 06:28 PM

Q1 GDP with a ONE handle??

 

  1. The big surprise in the GDP report was capex -- the consumer was below expected and housing & non-res construction slumped. We know capex will be negative for Q1 so a current quarter GDP tally of 1-something looks to be in the cards.

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    I can hear it -- 'where's the recession?' Yet we had identical GDP growth rates in both Q4 2000 and Q4 2006 and the downturns started the very next quarter!



#8 dTraderB

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Posted 28 February 2019 - 09:27 PM

Only the market can break the market....

What it will take to finally break this market

 

Screen-Shot-2019-02-28-at-5.08.18-PM.pngFree After-Hours Analysis:

The S&P 500 slipped Thursday morning, but those early losses were modest and failed to ignite wider selling.

The biggest headline was Trump walking out of negotiations with North Korea. This development has limited implications for the US economy and is why it didn’t affect the stock market. But could this foreshadow a potential outcome during Trump’s far more critical meeting with the Chinese president? Could all the hype and hope surrounding the imminent trade deal turn into a similar bust? Given the market’s resilience today, it doesn’t seem worried, but sometimes it takes more than a subtle hint to get the market’s attention.

Prices continue to hover underneath 2,800 resistance. Even though Monday’s breakout fizzled, only pulling back a small amount is actually a bullish signal. If prices were overbought and vulnerable to a larger pullback, it would have happened quickly. Instead, prices continue hovering near the highs as confident owners refuse to take profits because they are waiting for even higher prices. That tells us this market wants to go even higher.

But all of this is dependent on a stable headline environment. Owners’ bullishness by itself has been enough to hold us near the highs and the market is resisting the more traditional ebb and flow of prices. But given how far we’ve come and how many weak holders are still hanging on because they haven’t been shaken out during a routine pullback, one piece of damning news has the potential to unleash a torrent of selling. At the moment, the most likely culprit would be hitting a major snag in negotiations with the Chinese.

Things look great and a market that refuses to go down will eventually go up. But we are on thin ice and if any selling starts in earnest, there is a lot of air underneath us.

High probability of modest gains and small chance of big losses. How a person trades this is up to their trading style, risk tolerance, and time frame. Nimble day traders can keep squeezing nickels and dimes out of the upside. Anyone holding for years or decades should ignore these daily gyrations. But those of us that trade over days and weeks need to be more careful.

The path of least resistance remains higher, but the rate of gains is slowing and the upside is more limited. But as long as owners refuse to take profits, expect the market to keep drifting higher.

That said, given how far we’ve come, there is a good chance the next pullback will be larger than normal and is something we need to keep an eye on. The market loves symmetry and last year’s epic collapse resulted in this year’s historic rebound. But when this rally finally runs out of steam, expect the ensuing step back to rattle a lot of nerves. Everything looks great for the time being, but that will change in an instant. While a return of volatility will scare retail investors, I’m looking forward to the trading opportunities it will create.

 

https://cracked.mark...ak-this-market/



#9 alexnewbee

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Posted 01 March 2019 - 04:52 AM

So basically it is given that market will break this resistance of 2800 to the upside, so much that I am reading everywhere about this. But it will be relatively easy short game afterwards, IMHO :)


"we do G.d's work" Lloyd Blankfein

#10 da_cheif

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Posted 01 March 2019 - 06:45 AM

 

Barron'sVerified account @barronsonline
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Why Stocks Could Be Headed for Short-Term Pain and Long-Term Gain

 

 

 

Barrons??    u gotta be kidding......short term pain for the bears .....all the way up.....barrons is the mouth piece   of the exchange ....there to get the unwashed ziggin while theh shud be zaggin.....unless of course...to.those that anticipate what is happening i say KUDOS