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Likely A Top Here


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#31 12SPX

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Posted 01 December 2020 - 03:25 PM

And there it is rejected lol!



#32 redfoliage2

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Posted 02 December 2020 - 09:45 AM

Without more liquidity from the Fed it's hard for the market to maintain at the current level.  So instead of trying to hold up here the market needs to correct before the Fed December meeting.................


Edited by redfoliage2, 02 December 2020 - 09:46 AM.


#33 12SPX

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Posted 02 December 2020 - 10:10 AM

1.25 billion for today and tomorrow but 8 billion for Friday which is likely because of the employment report which could mean up!  Yesterday was 6. something!  



#34 tradesurfer

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Posted 03 December 2020 - 08:59 AM

Warning:   Got a big bearish crab pattern on the VALUG index. Key juncture here...

 

https://www.tradingv...com/x/0bb2ksmI/



#35 redfoliage2

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Posted 03 December 2020 - 11:17 AM

The market has been grinding up in anticipation of the Congress to pass a relief bill, though a skinny bill.  But will there be a selling on the news scenario ?



#36 12SPX

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Posted 03 December 2020 - 11:50 AM

This thing is getting ugly all round, hate it when basic indications are ignored with less and less volume being traded.  There is nothing not in extreme right now.  Healthy markets see volatility short and long term.... 



#37 redfoliage2

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Posted 03 December 2020 - 04:03 PM

1.25 billion for today and tomorrow but 8 billion for Friday which is likely because of the employment report which could mean up!  Yesterday was 6. something!  

 

8 billion tomorrow?  Could you show the link here?
 



#38 12SPX

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Posted 03 December 2020 - 04:10 PM

Yes is 8 billion.  I go by by that David Larew's twitter page, he has great charts and stats etc! 

 

https://twitter.com/...erp|twgr^author



#39 redfoliage2

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Posted 03 December 2020 - 07:05 PM

Thanks, 12SPX.

#40 redfoliage2

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Posted 04 December 2020 - 02:28 PM

ST I see dips get bought vigorously before the Congress passing on the relief bill.  Expect to see SPX gets above 3700 next week ..........................


Edited by redfoliage2, 04 December 2020 - 02:32 PM.