Mark S. Young
Posted 30 September 2021 - 09:05 AM
We should be seeing a good deal of strength given that this is EoQ. Window-dressing and all... Yesterdays action was lame, however, and technicals are ugly.
We "should" have seen more strength. That we didn't makes me more than a bit worried, despite the Relative VIX and "Secret Hedge Fund" Buys.
I'm guessing we have another leg down maybe Friday or next week.
Mark
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
Member
Posted 30 September 2021 - 09:29 AM
Member
Posted 30 September 2021 - 11:33 AM
Market is making a bottom here, we should have a year end rally.
mdgcapital@protonmail.com
papilioinvest.com
@papilioinvest
"One soul is worth more than the whole world."
Member
Posted 30 September 2021 - 11:33 AM
Never seen so many HUGE Monthly Bearish Engulfings...
TQQQ looks done to me....
And FDX monthly chart is beyond ugly....
Any bounces in October should likely be sold hard...assuming we get one!
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 30 September 2021 - 11:45 AM
Barring a huge A/D reversal today, NY summation is going to be gapping down big below the Zero line after many months of spectacular deterioration....
Not usually the best place to get aggressively long, as the gaps are just starting below Zero line
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 30 September 2021 - 12:26 PM
Member
Posted 30 September 2021 - 12:35 PM
that inverted vix turned down again, as the selling continued.
I want return OF my money more than return ON my money
Posted 30 September 2021 - 03:22 PM
Barring a huge A/D reversal today, NY summation is going to be gapping down big below the Zero line after many months of spectacular deterioration....
Not usually the best place to get aggressively long, as the gaps are just starting below Zero line
You are right!
Member
Posted 30 September 2021 - 04:35 PM
Member
Posted 30 September 2021 - 08:06 PM
