99 replies to this topic

[dTraderB]

SentimenTrader

@sentimentrader

 

Within 1% of a High... And Investors Are Already Fearful?

https://sentimentrad...lready-fearful/

 

 

[dTraderB]

ES hourly turned down

 

TRUE, but it took a while in DOT COM & HOUSING bubbles:

 

Dougie Kass Retweeted

 

 

 

Lance Roberts

 

@LanceRoberts

·

Jul 22

 

"History proves this all ends badly and will result (as it did in the early and late 2000s) with an #exodus of individual #traders/#investors out of the #markets. Most will fail to survive the #marketcycle and will miss the next cycle.” –

@DougKass

https://realinvestmentadvice.com/knowledge-vs-experience-why-most-investors-wind-up-losing/

[dTraderB]

DISTRIBUTION...

 

Walter Deemer

 

@WalterDeemer

 

And, just to keep everyone alert, today was a 78% downside day. So the last five days have been -84%, -88%, +89%, +83% and now -78%. #NoComplacency

Quote Tweet

 

 

 

Walter Deemer

 

@WalterDeemer

· Jul 21

Today was an 83% upside day. First back-to-back 80% upside days since Nov 23/24; also had them Nov 2/3.

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[dTraderB]

Walter Deemer

 

@WalterDeemer

·

15h

 

DVOL/(UVOL+DVOL). Indicator from Lowry’s Research.

 

 

DISTRIBUTION...

 

Walter Deemer

 

@WalterDeemer

 

And, just to keep everyone alert, today was a 78% downside day. So the last five days have been -84%, -88%, +89%, +83% and now -78%. #NoComplacency

Quote Tweet

 

 

 

Walter Deemer

 

@WalterDeemer

· Jul 21

Today was an 83% upside day. First back-to-back 80% upside days since Nov 23/24; also had them Nov 2/3.

Show this thread

 

[dTraderB]

Tom McClellan

 

@McClellanOsc

·

19h

 

Read the full article at https://mcoscillator.com/learning_center/weekly_chart/big_weekly_drop_in_investors_intelligence_data/….

Quote Tweet

 

 

 

Urban Carmel

 

@ukarlewitz

· 19h

Most of the time when bullish sentiment drops as much as it did this week, $SPX has bottomed, unless there is a 100-yr pandemic. From @McClellanOsc

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[dTraderB]

Bounced from one of the lowest levels in recent times, but still below ZERO ... next day or two is CRTICAL for ST direction

 

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

[dTraderB]

Adam Mancini

 

@AdamMancini4

·

46m

 

Yesterday, my support in #ES_F was 4343-4335 with 4385 1st target. We sold to 4341 and rallied to ~4385 target for a clean lvl to lvl move Plan today: Next up 4400 then 4420 but 4hr RSI(5) extreme overbought-manage risk. 4374 (weak) then 4350-55 (stronger) key supports if we dip

Quote Tweet

 

 

 

Adam Mancini

 

@AdamMancini4

· Jul 22

As of now, #ES_F has re-entered the 1.5 year bear wedge that caused recent selloff. If it holds, its (yet again) a major bullish fake breakdown Plan today: 4hr RSI still very stretched. Basing/dip likely needed then push to 4385 & 4415. 4343-4335 *must hold or its back to 4280 twitter.com/AdamMancini4/s…

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[dTraderB]

Profits on Monday & Tuesday, Small losses on Wednesday & Thursday, risk-off trading today to keep this week profitable

 

Helene Meisler

@hmeisler

·

16h

 

Lowest Naz volume in two months.

[dTraderB]

Distribution as we get into final trading days in July and enter the dreaded AUGUST

Helene Meisler Retweeted

 

 

 

StockTrader'sAlmanac

 

@AlmanacTrader

·

16h

 

August has been a dangerous month for the market - August is the worst DJIA, S&P 500, Russell 1000 and Russell 2000 month over the last 33 years, 1988-2020 with average declines ranging from 0.4% by Russell 2000 to 0.8% by DJIA. For NASDAQ...

 

[12SPX]

Thanks for the news!!  Hmmmm I'm gonna bet the Nasdaq goes red at least for a bit today, average short 4375, nice round number.....Funny thing is my sold 4500 calls are still in the green even though were higher but the 4400's I took $30 profits on Monday are almost back to $50 but for now selling the 4450 calls for a nice even $25, way to inflated.  Taking profits on my sold August 4000 puts at $11 for a $19 profit, gonna hang onto the 3800's for a bit more!!