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"Best Fade" Sell


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#1 OEXCHAOS

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    Mark S. Young

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Posted 07 February 2020 - 12:21 PM

Depending upon what your parameters are, we either got a "Best Fade" Sell last night, or we will today, barring an absolute rout. 

 

I'm not looking for all that much weakness, however.

 

Mark


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#2 da_cheif

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Posted 07 February 2020 - 01:22 PM

a decline today marks the full moon    next week shud be up n away



#3 redfoliage2

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Posted 07 February 2020 - 02:24 PM

There is a good chance that the gaps from Tuesday and Wednesday will be filled next week ................... 



#4 LMF

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Posted 07 February 2020 - 02:30 PM

There is a nice VIX gap over head on the daily chart. But its like I mentioned earlier this week. Im seeing MM guys that are like bench warmers......they cant figure out how to do it without having a 15 minute down wave going. TQQQ 11 TD out of 21 in January had 15 min down waves some or all of the day.

Edited by LMF, 07 February 2020 - 02:35 PM.


#5 slupert

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Posted 07 February 2020 - 04:04 PM

light volume decline, total fade, not a lot of sellers they just laid off the ask,inside day, could gap up again barring something bad this weekend. (JMHO)