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Stonks only go up


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#31 12SPX

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Posted 21 July 2020 - 04:26 PM

I took my profits at 3240 for 15 points and back in at the close for a short at 3252 see how the overnight goes!!  told ya it was gonna be a turnaround tuesday!!  well mostly lol!!!



#32 CLK

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Posted 23 July 2020 - 10:03 AM

I don't get it, AAII is still low, breadth can't go up every day when  it's at ATH's, volume breadth is meaningless,

yet the first day breaking out of a 6 week range with a measured move of 3540, bullish IT traders are turning bearish? 

 

 

 

The reason I said volume breadth is meaningless is because it lags. That's what Fib stated in the past and I have found that to be the case. I don't even consider volume in my trading.