If we retest the globex highs, then 2900 is next.
The Bounce is over - 50% level and rising wedge - Where is my Tee shirt?
#11
Posted 16 April 2020 - 10:15 AM
#12
Posted 16 April 2020 - 10:27 AM
still no sign of sell signal in AMZN.
Gonna be hard for this to roll until that happens.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#13
Posted 16 April 2020 - 10:28 AM
No one is concerned about the blowoff in AMZN? LOL. So what is different between now and Feb?
#14
Posted 16 April 2020 - 10:32 AM
OK first hints of possible turn in AMZN now...
let's see if it just goes sideways, of if it starts reversing the morning gains...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#15
Posted 16 April 2020 - 10:40 AM
nope....2500?
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#16
Posted 16 April 2020 - 10:41 AM
It has to be sucking up liquidity form everything else!!!!! It trades like gold, algos take over, it blowsoff and collapses.
Edited by linrom1, 16 April 2020 - 10:45 AM.
#17
Posted 16 April 2020 - 10:50 AM
Gap above 2804 heavy resistance.
can one stock lift the whole market?!
#18
Posted 16 April 2020 - 11:11 AM
Turn off 2460 now looking perhaps bit more likely...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#19
Posted 16 April 2020 - 11:13 AM
2nd test of 1 min 900 on AAPL...let's see if bears can retake it here
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#20
Posted 16 April 2020 - 11:14 AM
I am beginning to get that feeling I got in Aug 2007. Ok, we test the lows. The market is made up of idiots.
Edited by linrom1, 16 April 2020 - 11:22 AM.