One of the ways this can end is on a gap down...
We'll know in about 40 min if that's likely...
Volume is the key...
Room in the model here for Trend Down Day followed up in next day or two by exhaustion gap...
Posted 18 July 2017 - 07:51 AM
One of the ways this can end is on a gap down...
We'll know in about 40 min if that's likely...
Volume is the key...
Room in the model here for Trend Down Day followed up in next day or two by exhaustion gap...
Posted 18 July 2017 - 08:07 AM
visit to 2435-40....get everyone beared up with a close below 2450....
.... then gap gap away to da moon!
Ive got a short signal so have entered 2458 area; stop at HOY!
Posted 18 July 2017 - 08:22 AM
Posted 18 July 2017 - 09:47 AM
GS HOURLY CHART FLIPS DOWN ON HUGE VOLUME....
Posted 18 July 2017 - 10:05 AM
GS giving us a pretty clear signal...
Have to crack these FANG stocks to really get a selloff going.
That can still take awhile
Posted 18 July 2017 - 11:07 AM
Two days among the bull-market monsters. If it's any consolation to the bears, this could be the blowoff.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
Posted 18 July 2017 - 11:43 AM
Could be something there for everybody...
Finish on new highs today, then gap up big tomorrow.
Bulls will bullishly conclude it is a breakaway gap...
Bears will be looking for the Exhaustion candle...
We could see both of those this week...
Posted 18 July 2017 - 11:44 AM
If GS collapses into the close, that's going to be bad body language...
So they better run up AMZN some more so there's something else to talk about...
Posted 18 July 2017 - 02:35 PM
Could be something there for everybody...
Finish on new highs today, then gap up big tomorrow.
Bulls will bullishly conclude it is a breakaway gap...
Bears will be looking for the Exhaustion candle...
We could see both of those this week...
OK... New high on Nasdaq... let's see if it can extend to 6371 ...
Posted 18 July 2017 - 02:43 PM
Looks like they are trying to close on all new highs across the board...
So no pullback... Fine.
Still fits in with my trading plan for highs into mid-week..
targeting 7/19.
Looks like they are trying to close on all new highs across the board...
So no pullback... Fine.
Still fits in with my trading plan for highs into mid-week..
targeting 7/19.
So bring on that huge gap up...
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