There Has Never Been a Year Quite Like This
#11
Posted 07 July 2021 - 08:13 AM
#12
Posted 07 July 2021 - 08:15 AM
#13
Posted 07 July 2021 - 08:18 AM
High & Low of Previous ES hourly RED OUTSIDE candle are ST support & resistance
Same for this week's daily current HIGH & LOW
#14
Posted 07 July 2021 - 08:24 AM
"One reason I had been eyeing early July as a point for a pullback is because I believed sentiment would get giddy around this point. And it has. The Daily Sentiment Index (DSI) for Nasdaq and the S&P have both moved to 91. The last time both were over 90 at the same time was late August 2020 as we headed into that peak. As a reminder readings over 90 and under 10 are ones I consider extreme.
The American Association of Individual Investors (AAII) saw a jump of 8 points for the bulls last week to 48%. The Investors Intelligence bulls are now kissing 60%. The National Association of Active Investment Managers (NAAIM) whose exposure near those lows in the QQQs were at 44 is now back over 90.
Even the 10-day moving average of the put/call ratio is closing in on the lows. A turn up from here is often associated with a pullback in the market.
What can make us pullback? I have no idea. If I knew it would probably already be priced in."
https://realmoney.th...-giddy-15702646
#15
Posted 07 July 2021 - 08:25 AM
Come on, NQ, get out of this mini funk --- let us get some higher intra range!
#16
Posted 07 July 2021 - 08:27 AM
Trying to catch up during this lull
#17
Posted 07 July 2021 - 08:28 AM
Maybe this explains Tuesday's early drop:
#18
Posted 07 July 2021 - 08:42 AM
Love selling at these higher levels, average short now 4311. Missed my trade yesterday by 5 points yesterday oh well, one day we'll see real volatility once again, didn't even see -1% yesterday lol!
#19
Posted 07 July 2021 - 03:14 PM
This looks a gap-down in the cards for tomorrow.......................
#20
Posted 08 July 2021 - 06:54 AM
Wonder what is the REAL REASON for this overnight plunge?
This looks a gap-down in the cards for tomorrow.......................