38 replies to this topic

[Dex]

https://www.traders-...nday/?hl=bottom

 

Mark, I got the bottom and now this ... where is my tee shirt?

[salam]

Price below 2760 for over an hour gets me bearish.

 

spike in futures when ‘only’ another 5 million jobs lost compared to 6 million is more a reflection on too much short interest rather than economic sense.

 

my long stops are at 2750. I will flip short if/when broken. 
 

Vix hitting my 37 target was a big tell 

Edited by salam, 16 April 2020 - 08:00 AM.

[salam]

Head and shoulder with right shoulder forming now. Neckline 2755.

 

retest of 2845 negates obv. Volume has been falling past few days 

 

2890 was my target for this current advance. Earnings and false hopes for an early end to self isolation will end in resumption of the bear 

Edited by salam, 16 April 2020 - 08:26 AM.

[K Wave]

AMZN still holding up NDX....once it breaks back below 1 min 200 and QQQ back below 210, then likely safe to be selling aggressively.

 

But as long as AMZN still in mini blowoff, can keep going higher for a little bit longer.

[K Wave]

Trannies continuing to lead down....

 

It they lose 7800 area, could be first serious breach of a major pivot zone from the trip upwards

[salam]

Looking like ANOTHER retest of the 2760 area. First time the 5dma was tested yesterday, for this advance.

 

How long can Tech keep this market up?

Edited by salam, 16 April 2020 - 09:06 AM.

[K Wave]

there's the test of 210 on QQQ....now we see if AMZN gives up the fight...

[K Wave]

5 up off the open on AMZN?

 

2400 was what I was thinking was possible yesterday when they could not crack it...

Edited by K Wave, 16 April 2020 - 09:50 AM.

[linrom1]

Nothing changed, same crap before the top. Amzon is just new Tesla.

[salam]

Successful retest off 2764

 

looks like a retest of the 2850 area