Long S&P Futures 3830.
Oversold
Started by
RadioHead
, Feb 25 2021 12:59 PM
10 replies to this topic
#2
redfoliage2
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Posted 25 February 2021 - 01:20 PM
The culprit is the bond yields. Let's see if the Fed will act tomorrow to get the bond yields under control .................
#3
trioderob
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Posted 25 February 2021 - 03:24 PM
market getting very oversold..... look at the $ TRIN
imho we get a big bounce on Friday
#4
OEXCHAOS
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Mark S. Young
Posted 25 February 2021 - 04:14 PM
How are you looking at the Trin that makes you Bullish?
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#5
fib_1618
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Posted 25 February 2021 - 04:56 PM
How are you looking at the Trin that makes you Bullish?
market getting very oversold..... look at the $ TRIN
Open 10 TRIN for both the NYSE and NASDAQ are pretty much neutral...no help.
Daily TRIN numbers are showing "catch a falling knife" bottom pickers at this point...caveat emptor.
Fib
Edited by fib_1618, 25 February 2021 - 04:56 PM.
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#6
RadioHead
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Posted 25 February 2021 - 06:09 PM
S&P will follow the 10 year.
10 Year is very oversold and will start bouncing, which will send S&P to the new highs.
FED will help as well.
#7
OEXCHAOS
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Mark S. Young
Posted 25 February 2021 - 07:36 PM
How are you looking at the Trin that makes you Bullish?
market getting very oversold..... look at the $ TRIN
Open 10 TRIN for both the NYSE and NASDAQ are pretty much neutral...no help.
Daily TRIN numbers are showing "catch a falling knife" bottom pickers at this point...caveat emptor.
Fib
Fib,
That's pretty much what I was thinking.
I've got some bottom spotters starting to go off, but TRIN ain't one of them.
Mark
Mark S Young
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#8
sixpack
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Posted 25 February 2021 - 11:04 PM
S&P to the new highs.
I agree with this part of your statement. This particular decline has been very well orchestrated. The real question is from where does the market start climbing higher? Buying a little here and there, focused on stocks in consolidation phases.
#9
redfoliage2
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Posted 26 February 2021 - 11:16 AM
S&P will follow the 10 year.
10 Year is very oversold and will start bouncing, which will send S&P to the new highs.
FED will help as well.
Bond yields stabilized today the Fed must be working on it ...................
#10
redfoliage2
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Posted 26 February 2021 - 02:07 PM
Finally a tech leading up day ..................................
Edited by redfoliage2, 26 February 2021 - 02:08 PM.
