Here come the trannies
If they reclaim 9340 again, should be a bear bloodbath...
1428 the similar level for RUT
“And just as these stocks pulled up the entire market, they can pull down the entire market by their sheer weight.”
Started by
Dex
, Jul 12 2020 05:51 PM
50 replies to this topic
#21
K Wave
-
- Traders-Talk User
- 26,666 posts
Member
Posted 13 July 2020 - 09:25 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
#22
kaiser soze
-
- Traders-Talk User
- 884 posts
Member
Posted 13 July 2020 - 09:28 AM
Nice deceptive sell-off early in the trading session in the cyclicals only to reverse and launch higher. Berkshire Hathaway (highest weighted XLF stock) made a new high for the day.
#23
kaiser soze
-
- Traders-Talk User
- 884 posts
Member
Posted 13 July 2020 - 09:30 AM
NDX 11000 is here.
#24
K Wave
-
- Traders-Talk User
- 26,666 posts
Member
Posted 13 July 2020 - 09:31 AM
Look at those beautiful long flames coming out of the bottom of the rocket as the Saturn Vs reach breakaway thrust levels on the hourly chart...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#25
K Wave
-
- Traders-Talk User
- 26,666 posts
Member
Posted 13 July 2020 - 09:34 AM
easy peasy from here on out....
As long as NYA holds this AM pivot, sit back and enjoy the ride...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#26
K Wave
-
- Traders-Talk User
- 26,666 posts
Member
Posted 13 July 2020 - 09:38 AM
XLF...correction sure starting look like it is over with that island in the sky being reclaimed....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#27
K Wave
-
- Traders-Talk User
- 26,666 posts
Member
Posted 13 July 2020 - 09:47 AM
Trannies and RUT still struggling to get off the pad...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#28
K Wave
-
- Traders-Talk User
- 26,666 posts
Member
Posted 13 July 2020 - 09:50 AM
Here come Tranies for another crack at 9340...let's see if they can finally break it and hold it.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#29
kaiser soze
-
- Traders-Talk User
- 884 posts
Member
Posted 13 July 2020 - 09:59 AM
AAPL got rejected at 400 on first try, will likely reclaim it.
#30
K Wave
-
- Traders-Talk User
- 26,666 posts
Member
Posted 13 July 2020 - 12:12 PM
RUT has reclaimed the opening spike... should be good sign for bulls.
But until it clears the deadly triple upthrust, not quite in full bull mode just yet.
Since XLF has already accomplished the the trick, reasonable odds that RUT will soon do the same...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
