Jump to content



Photo

Why is the market going down? Chart says it all...


  • Please log in to reply
5 replies to this topic

#1 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 21 February 2020 - 11:55 AM

The prospects of a socialist in the W.H...

 

post-8-1582302998_thumb.jpg


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#2 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 21 February 2020 - 11:59 AM

Only one incumbent lost in the last 40 years. I think the Coronavirus is the reason.



#3 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 17,999 posts

Posted 21 February 2020 - 01:16 PM

None of those, it's related to the monthly options expiration and you will see next week game as usual...............


Edited by redfoliage2, 21 February 2020 - 01:17 PM.


#4 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 22 February 2020 - 10:55 AM

Note the TIME of the SELLOFF...

 

It's CLEAR...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics

#5 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,459 posts

Posted 23 February 2020 - 11:26 AM

None of those, it's related to the monthly options expiration and you will see next week game as usual...............

Yep, too many calls were bought, so there was a nice shake-out right before the expiration. Today there will be a gap down on futures, which has a good chance to be bough ST.


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

#6 SemiBizz

SemiBizz

    Volume Dynamics Specialist

  • Traders-Talk User
  • 23,208 posts

Posted 23 February 2020 - 01:08 PM

Trend is clear... higher body counts - higher all time highs...

 

So far a normal 2% correction.

 

Socialist won in Nevada and the market will not like it.


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics  http://parler.com/Volumedynamics