150 replies to this topic

[dTraderB]

Maybe not, it's a different trading environment. But, markets are priced for perfection and since this is not a perfect world then expect more pullbacks than rallies during the next month or so. 

 

 

"DecisionPoint tracks six-month seasonality, and we are now entering a period of unfavorable seasonality. Typically, between May 1st and November 1st, the market experiences doldrums and finishes either lower or unchanged. That clearly occurred in 2020. The market finished the period of unfavorable seasonality slightly higher than where it was at the beginning of May. It then finished the period of favorable seasonality much higher.

Keep reading..."

https://stockcharts....-greg-s-94.html

[dTraderB]

Adam Mancini

 

@AdamMancini4

 

 

 

Have a great weekend! Seasonally bullish April done & #ES_F is 100 pts away from major resistance of a 5 yr "megaphone" Plan next week: As long as 4130 holds, 1 leg left to 4280 where good pullback likely. Warning though: 4130 fails 1st & we sell direct to 4k where Id buy. $SPX

[dTraderB]

4180 was recovered by the BULLS on Friday.

 

TIC TOC: 

 

Orderflow

Folks:

Few thoughts for next week.

Weekly range was extremely small. This is bound to lead to significant release of volatility (200 point week).

However near term, as long as above 4180, I expect another swipe at 4210. It will either fail or if successful, 4255 will trade.

Now 4180.

t.me/tictoctrading/639

 

[dTraderB]

RIP

 

Tom McClellan Retweeted

 

 

 

Brian Twomey

 

@authorbtwomey

·

May 1

 

 

With Sadness to announce the passing of the great Welles Wilder. God bless Welles Wilder I interviewed Welles Wilder in 2009 for Stocks and Commodities Magazine, part of the interview and questions below

https://twbrian.word...les-wilder-rip/

 

[dTraderB]

Back below zero

 

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

[dTraderB]

Michael Santoli

@michaelsantoli

·

Apr 29

 

 

The S&P 500 stalled and flickered around the 2100 level for six months starting in early 2015 before buckling late that summer. The index has been hesitating around 4200 for two weeks now. 4200 is exactly double 2100. Dots connected, case rested...

[dTraderB]

ES leading the way higher in Sunday evening Index Futures 

 

POLL bearish? or contra bullish?

Helene Meisler

@hmeisler

 

 

Saturday Poll The next 100 points for the S&P?

 

UP

46.8%

 

DOWN

53.2%

3,388 votes·Final results

[dTraderB]

Helene Meisler Retweeted

 

 

 

SentimenTrader

@sentimentrader

·

Apr 30

 

 

Large speculators added $20.7 billion in net long positions to major equity index futures this week. That's the 5th-highest amount in a single week in history.

[dTraderB]

Dan Rosenblum

 

@sharkbiotech

 

 

we had blow out eps from AAPL AMZN FB GOOGL QCOM and the nasdaq is closing down this week

 

3:56 PM · Apr 30, 2021·TweetDeck

[Rogerdodger]

See Charts at:

https://stockcharts....-greg-s-94.html

CONCLUSION: We are entering a period of unfavorable seasonality next month. While a market pullback about now would be amazingly accurate, seasonality doesn't guarantee a certain outcome.