145 replies to this topic

[dTraderB]

Tom McClellan

 

@McClellanOsc

·

Jan 22

 

Apparent divergence at the moment in NYSE new highs. I say "apparent" because a divergence can get rehabilitated.

Apparent divergence also in Nasdaq new highs.

[dTraderB]

This is good:

 

https://www.mcoscill...im_survey_data/

[dTraderB]

Below zero?

 

https://www.mcoscill...t_breadth_data/

[dTraderB]

Volume Summation Index

 

https://www.marketin...summation-index

[dTraderB]

Fear & Greed not at extreme

 

https://money.cnn.co...fear-and-greed/

[dTraderB]

NAAIM at 112

 

 

http://www.naaim.org...exposure-index/

[dTraderB]

47 QQQ PUTS
1 NQ hedge long

[da_cheif]

5 day arms over 600     usually seen at important lows   

[dTraderB]

ADAM:
Last week my key support in #ES_F was 3815-3805 & it held Friday for a 40 point rally. This remains the line in the sand for the bull case

Plan today: As long as above it, were consolidating for a run to 3856 then 3885 targets. 3805 fails we begin the sell to 3775 then 3750 $SPX

[dTraderB]

IWM
watching this rally .... may do an option trade this week

Want the NQ weekend rally to continue to at least 11am so I can partially roll remaining FEB QQQ PUTS