8 replies to this topic

[OEXCHAOS]

There were no short Bears in the poll this morning. That's not really Bearish, either.

Also, it means that there's almost no chance of a top today.

 

This crew is UNCANNY about leaning long at bottoms and short at tops. If we're not leaning short in a market making new highs (or highs for an IT move), then you shouldn't be thinking of picking a top--and maybe you should be buying dips.

 

M

[CLK]

Sentiment jumped from 61 to 71 on a flat opening.

 

And never seen an ES gap up at highs not fill, Sunday gap fill will happen whether now or a week from now,

that alone messed up the rally and why it can't go to new highs yet.

Edited by CLK, 04 April 2019 - 11:20 AM.

[OEXCHAOS]

Oh, there's sentiment trouble right now. But no top today MB says. I'm giving it a little room.

 

Mark

[q4wer]

I checked history, no many bears at the beginning of last December

[OEXCHAOS]

That was the worst December I've ever seen (since 1982). That weakness caught a lot of folks flat-footed.

[CLK]

Should be a best fade sell in here somewhere.

[OEXCHAOS]

Best Fade Sell came the other day. Monday should get it. Message Board Sentiment said, "No top today!" AGAIN.

 

NAAIM says look out.

[CLK]

The last time Globex gapped up and ran was off the 2016 lows. Starting to look like it might be another historic move.

 

 

tvc_b37cf8de38a09ee120b866d80161d39c.png

Edited by CLK, 05 April 2019 - 03:45 PM.

[CLK]

Big picture not looking so good anymore. I can see 2750 before moving above 2900.

 

 

https://invst.ly/ai08w