Tagged "InstitutionSelling"
The market chose to rebound first, according to all the evidences I mentioned yesterday, chances are high the 03/06 low will be broken, so I’ll maintain that this is a sellable bounce. [Read the Rest]
...Nothing to say today. Could be an Ascending Triangle in the forming, so we might see more on the upside tomorrow. [Read the Rest]
...SHORT-TERM: THE BIAS IS ON THE UPSIDE
As mentioned in today’s Trading Signals, Nasdaq Total Volume to NYSE Total Volume Ratio argues for a top again but the intraday chart pattern looks bullish, could be an Ascending Triangle in the forming, so my guess is there’s at least one more push up tomorrow (might see some morning weakness first though because the rally before the close was too sharp, could be an overreaction). [Read the Rest]
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