I expect a strong rally next week. Normal backing and filling here.
Very bullish
#1
Posted 05 February 2016 - 04:08 PM
#2
Posted 05 February 2016 - 04:12 PM
this time I agree. big rally is coming, big chance.
unless we crash which is lower chance.
I am ready for both..
Edited by alexnewbee, 05 February 2016 - 04:15 PM.
#3
Posted 05 February 2016 - 04:16 PM
I expect a strong rally next week. Normal backing and filling here.
I will assume that you've included the action in the NDX, COMPQ and RUT in making this general comment?
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
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#4
Posted 05 February 2016 - 04:19 PM
Fib. All indexes will rally but I'm focused on SPX right now. Bearish bets are being increased. You can see it from the data. There is a lot of fuel right now for a huge short covering rally.
#5
Posted 05 February 2016 - 04:24 PM
Well...hopefully you didn't get too hurt today on your mid week longs.
Just keep an eye on cumulative money flow...it will give you plenty of time to hop on the train when it's ready to move your direction.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
#6
Posted 05 February 2016 - 09:45 PM
Well...hopefully you didn't get too hurt today on your mid week longs.
Just keep an eye on cumulative money flow...it will give you plenty of time to hop on the train when it's ready to move your direction.
Fib
You are just too nice these days.