Dow Cash looking like it maybe needs a final flush below 23,700, and then a reclaim of that floor for a bottom.
Back above 24K again and bull chances start to look a bit better
Tomorrow
Started by
MikeyG
, Mar 10 2020 02:54 PM
57 replies to this topic
#41
K Wave
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Posted 11 March 2020 - 11:56 AM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#42
LMF
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Posted 11 March 2020 - 12:14 PM
Don W noted a down day here sets up pretty well for tomorrow.
#43
LMF
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Posted 11 March 2020 - 01:28 PM
TQQQ now got the diverging low up to 60 minute.
#44
K Wave
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Posted 11 March 2020 - 01:39 PM
OK, 2nd bat wing in place....as long as YM bounces right near here
Edited by K Wave, 11 March 2020 - 01:40 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#45
K Wave
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Posted 11 March 2020 - 01:46 PM
2nd attempt at floor recapture on Dow
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#46
LMF
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Posted 11 March 2020 - 01:50 PM
Same thing with the Feb 28 low again.....QQQ need 198.17
#47
LMF
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Posted 11 March 2020 - 01:56 PM
This is still a monster sized 60 minute downwave going. Daily Macd not bottoming yet.....see if they can pull this rabbit out of a hat.
#48
diogenes227
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Posted 11 March 2020 - 02:02 PM
This is still a monster sized 60 minute downwave going. Daily Macd not bottoming yet.....see if they can pull this rabbit out of a hat.
It could be there is no rabbit in a hat, it's hopping right on down the bunny trail.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
#49
LMF
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Posted 11 March 2020 - 02:14 PM
I lost all 4 of my safe trade indicators by about 2 hours into it this morning. Since then its been just brief scalps from oversold here and there. I had all 4 ok going into that blowoff close yesterday.
Edited by LMF, 11 March 2020 - 02:17 PM.
#50
LMF
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Posted 11 March 2020 - 02:24 PM
MM is loaded with inventory here......
