Rates down, dollar up = recession.
Inching into LT treasuries
Posted 25 April 2023 - 06:35 PM
Rates down, dollar up = recession.
Inching into LT treasuries
Posted 25 April 2023 - 10:16 PM
Internals topped days ago - price is just catching up as usual.
https://mark_davidson1-yahoo.tinytake.com/msc/ODE1OTA1M18yMTM1MzQyMQ
Posted 26 April 2023 - 08:13 AM
VIX is now in an up trend. BP went to a Sell. My "Best Fade" is flashing a Buy, so maybe we bounce today, but the odds favor resolving lower.
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Mark S Young
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Posted 26 April 2023 - 01:21 PM
drop to 4040 spx cash ..may bounce a bit there, then 3970 ...THEN 'well see'..
https://mark_davidson1-yahoo.tinytake.com/msc/ODE2MzM0OF8yMTM1OTA0Mw
too much BTFD signal on comp
https://mark_davidson1-yahoo.tinytake.com/msc/ODE2MzM3OV8yMTM1OTA5MA
Edited by EntropyModel, 26 April 2023 - 01:28 PM.
Posted 26 April 2023 - 01:32 PM
I have two lows ahead May 1 & 3.,The second one could be a higher low on the SPX and lower on the DJI. My target is around 3864 SPX for Monday May 1. We could see a gap up Thursday +25? The overall pattern could suggest a strong rally (4202 ish?) into May 23rd then down hard into late June (20/27th). FWIW
Posted 26 April 2023 - 05:11 PM
Posted 26 April 2023 - 05:54 PM
So are you bullish based on this ? or bearish?
Posted 27 April 2023 - 08:57 AM
How about grindish??
Posted 27 April 2023 - 10:31 AM