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bollinger bands pinching on the dow


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#41 K Wave

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Posted 10 July 2020 - 12:41 PM

30 min XLF now looking potentially bullish after the little shake and bake action

 

xlf.png


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 K Wave

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Posted 10 July 2020 - 12:58 PM

intraday declining triple top on Trannies now...

 

Until they bust that upside, they have not accomplished all that much just yet...

 

It they do break it out, could soar into the close, as shorts throw in the towel...


Edited by K Wave, 10 July 2020 - 12:58 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

 

 


#43 K Wave

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Posted 10 July 2020 - 01:00 PM

XLF bulls still charging...well into the island area now


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#44 K Wave

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Posted 10 July 2020 - 02:05 PM

UVXY still being abused...


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 10 July 2020 - 02:16 PM

And now SPX takes out yesterday spike reversal high...


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 K Wave

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Posted 10 July 2020 - 02:17 PM

Trannies 5th attempt at this roof....

 

eventually it may get blown off....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#47 LMF

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Posted 10 July 2020 - 03:27 PM

UVXY crossed into the death Zone based my moving averages about 845am west coast. That was going to be a good setup for TQQQ on a Friday. So be it. The bears arent getting a grasp on the SPX advance decline line like they did during the 2015 top. That takes some sustained weeks below the 200 day MA on that chart. Bears are still out in left field trying to find home plate.

Lee

Edited by LMF, 10 July 2020 - 03:28 PM.