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Posted 12 September 2019 - 06:25 AM
Ok. Let's step back. Here is the $SPX chart for the last 2 yrs. At the close today it was +4.4% since the 1/26/18 hi. 3 nominal new highs were made since then, each of which subsequently let to selloffs of varying degree, with signals when the prior high was broken. $NDX $IWM
Edited by dTraderB, 12 September 2019 - 06:27 AM.
Member
Posted 12 September 2019 - 06:29 AM
Goodwill, peace, love between China & US ..... fuel for rally
Beijing Considers Re-Authorizing Imports Of US Agricultural Products In Latest 'Goodwill' Gesture
Member
Posted 12 September 2019 - 06:30 AM
LOL
Predictable AAII Weekly Sentiment numbers are no longer inverted Bulls 26.6 to 33.1 Bears 39.5 to 31.2 Please see @hmeisler ‘s pinned tweet
Predictable AAII Weekly Sentiment numbers are no longer inverted Bulls 26.6 to 33.1 Bears 39.5 to 31.2 Please see @hmeisler ‘s pinned tweet
Edited by dTraderB, 12 September 2019 - 06:31 AM.
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Posted 12 September 2019 - 06:32 AM
Chaikin momentum indicator - Extreme Bullish move - Too many Bulls??? When everyone knows it's going higher before Option Expiration Week, watch for the old rug pulling deal. WWW says sell off is coming??
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Posted 12 September 2019 - 06:33 AM
NASDAQ Record High Percent - at Top Watch levels.
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Posted 12 September 2019 - 08:13 AM
I see SPX to be at new highs soon and buying dips should work from here into the Fed day.................
Member
Posted 12 September 2019 - 08:20 AM
Just enjoy the ride UP and be ready to jump off and reverse down
a reversal can happen ANY TIME - from today to ....whenever
* Stocks near record high
* Core inflation, biggest jump in a decade
* Jobless claims, lowest since April
* Bond market and White House wants a rate cut next week.
Member
Posted 12 September 2019 - 08:34 AM
At some point, e.g. VIX below 13 there may be a reversal. But for now I bet we will see new highs prior to a reversal as the market is currently in a favorable setup for new highs..............
Edited by redfoliage2, 12 September 2019 - 08:43 AM.
Member
Posted 12 September 2019 - 09:28 AM
At some point, e.g. VIX below 13 there may be a reversal. But for now I bet we will see new highs prior to a reversal as the market is currently in a favorable setup for new highs..............
markets getting fizzy and somewhat confused and dizzy with staccato news releases about TRADE WAR
reversal later or tomorrow -- but not IT or LT
Member
Posted 12 September 2019 - 09:56 AM
And whalla lol!! Fake news no deal!
