Jump to content



Photo

Breadth the best indicator


  • Please log in to reply
14 replies to this topic

#11 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 21 September 2020 - 12:20 PM

 

Currently, worst breadth on Naz today since June....

 

if this holds to close, summation going to breakdown hard from below zero line.....

 

Just remember the technical context of such an event.

 

Fib

 

 

 

Currently, worst breadth on Naz today since June....

 

if this holds to close, summation going to breakdown hard from below zero line.....

 

Just remember the technical context of such an event.

 

Fib

 

 

Is that as good as the sentiment context?

 

"That's a short term buy and an IT buy"



#12 Darris

Darris

    Member

  • Traders-Talk User
  • 1,667 posts

Posted 21 September 2020 - 12:26 PM

FNGU and TECL near break even on the day right now.  YOLO trade today is Tech, LOL.


Edited by Darris, 21 September 2020 - 12:31 PM.


#13 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 21 September 2020 - 12:29 PM

FNGU and TECL near break even on the day right now.

 

FNGU and TECL near break even on the day right now.

 

There is no bottom until there is Renko volume on TQQQ downside. Could be below March lows or anywhere in between.



#14 traderx

traderx

    Member

  • Traders-Talk User
  • 1,410 posts

Posted 27 September 2020 - 12:01 PM

also, he mentioned sentiment as second



#15 Darris

Darris

    Member

  • Traders-Talk User
  • 1,667 posts

Posted 01 October 2020 - 12:50 PM

 

FNGU and TECL near break even on the day right now.

 

FNGU and TECL near break even on the day right now.

 

There is no bottom until there is Renko volume on TQQQ downside. Could be below March lows or anywhere in between.

 

CLK, is it possible TQQQ Renko is going to turn back up today?  Thanks