Just a small divergence, may see a down Tuesday, expecting a bounce Monday on the hourly.
Posted 08 February 2020 - 09:20 AM
Just a small divergence, may see a down Tuesday, expecting a bounce Monday on the hourly.
Posted 08 February 2020 - 06:11 PM
Your chart wasn't showing a divergence, it was Thursdays close LOL
https://stockcharts....id=p92066087310
Posted 08 February 2020 - 06:26 PM
Your chart wasn't showing a divergence, it was Thursdays close LOL
No, I accidentally had it on weekly setting. Still expecting a rally Monday.
Posted 09 February 2020 - 07:03 PM
The selling should not go past 3300 if it even gets there, MACD retest is complete here, time to get long again.
Posted 10 February 2020 - 10:12 AM
And get long it was, don't understand shorts that jump in after the market has dropped in an uptrend.
Posted 10 February 2020 - 06:59 PM
We either have a gap up that sells or an overnight sell. Doesn't matter, but after 50 points off the globex low,
this is a good spot to take hourly profits and go to cash.
NYAD daily divergence again.
Posted 10 February 2020 - 07:17 PM
If you plan on trading for a living, there has to be places to take profits.
Internet posts were bearish last night, at the close they were bullish, fade that.
Edited by CLK, 10 February 2020 - 07:19 PM.
Posted 10 February 2020 - 07:57 PM
Ok, 5 waves up off the Sunday lows looks complete, looking for 50% retrace here.
Edited by CLK, 10 February 2020 - 07:58 PM.
Posted 11 February 2020 - 06:04 AM
Still looking for the 3335 area. I would not try to short for it though.
Posted 11 February 2020 - 10:09 AM
Divergence got wiped out so far, have to wait for the close. This is why shorting a bull market leads to financial ruin, I see the same people here doing that, and they have been for the last 15 years, at some point folks, you have to change or keep funding your acounts.
Edited by CLK, 11 February 2020 - 10:09 AM.