11 replies to this topic

[Rogerdodger]

It's hard work but somebody's got to do it...

Yesterday:

If the April SPX lows around 4070 can hold near here, we might see that projected "T" rally into early May.

 

So do we "Go away in May?" OR NOT ,,,or go away NOW!!!???

 

Try looking at the Monthly P&F Charts of the SPX. (P&F is at the very bottom of a Stockcharts page)

Some times May is awesome, sometimes it's not.

(Look for the 5 (May).  If no 5, just a 4, that means that April was flat price-wise.)

You are on your own now.

 

Edited by Rogerdodger, 27 April 2023 - 06:19 PM.

[redfoliage2]

So 4150 box represents a formidable resistance .............................

[slupert]

Tomorrow is still April. Monday is May's first trading day. so  both would have to be up days,right?

[Rogerdodger]

Tomorrow is still April. Monday is May's first trading day. so  both would have to be up days,right?

NO!  LOL! 

I don't like what VIX did today.

Dow futures tick lower, Amazon slips 2.3% after earnings

Edited by Rogerdodger, 27 April 2023 - 10:26 PM.

[Rogerdodger]

VIX NOTE (of caution):

Today's VIX is the most extreme since the big decline as we are near a potential double top in SPX.

The last extreme like this was the April 19th price topping.

 

However during the 2021 multi-month bullish ramp-up, the VIX often reached even more extremes.

 

So I see this as a possible shift in winds...

PS: More AAII Bears this week.

CNN is stuck on 60% = GREED

Edited by Rogerdodger, 28 April 2023 - 09:29 PM.

[pdx5]

VIX NOTE (of caution):

Today's VIX is the most extreme since the big decline as we are near a potential double top in SPX.

The last extreme like this was the April 19th price topping.

 

However during the 2021 multi-month bullish ramp-up, the VIX often reached even more extremes.

 

So I see this as a possible shift in winds...

Wonder if you are going to be right again! If yes, you will need some high energy drinks loaded with caffiene 

[da_cheif]

It's hard work but somebody's got to do it...

Yesterday:

If the April SPX lows around 4070 can hold near here, we might see that projected "T" rally into early May.

 

So do we "Go away in May?" OR NOT ,,,or go away NOW!!!???

 

Try looking at the Monthly P&F Charts of the SPX. (P&F is at the very bottom of a Stockcharts page)

Some times May is awesome, sometimes it's not.

(Look for the 5 (May).  If no 5, just a 4, that means that April was flat price-wise.)

You are on your own now.

 

somebodys got to dot

"somebodies got to do it"     ur right about that    lololololll   ....lemme know when its easy 4 u

[EntropyModel]

Roger - I tried to send u a message but apparently your too popular  ..and I guess message saying  'can't receive messages' ...or similar.

[Rogerdodger]

Same here: "The member EntropyModel cannot receive any new messages"

 

I guess we have to send old messages! LOL!

[EntropyModel]

Same here: "The member EntropyModel cannot receive any new messages"

 

I guess we have to send old messages! LOL!

 

My new messages sound just like my old... so trouble there .... my tin foil hat is telling me its the AI surveillance state concerned about us communicating, we might need to buy some pigeons and go old school.