Tagged "MAD"
First of all, since today is a Major Accumulation Day, so basically it guarantees a higher high ahead. Not necessarily tomorrow, but should be soon. [Read the Rest]
...Two cents:
- Should be more up ahead in the short-term, a higher high (also is a new high) is almost guaranteed.
The bottom line, it’s a Major Accumulation Day, so a higher high (also is a new high) is almost guaranteed. [Read the Rest]
...SHORT-TERM: NOT SURE IF SANTA IS EARLIER IN TOWN, LET’S SEE TOMORROW
The conclusion today is a little bit subjective, because theoretically, I should never tell you that this time is different, so my official language should be “let’s see tomorrow”. [Read the Rest]
...SHORT-TERM: MORE UP AHEAD BUT MIGHT NOT GO VERY FAR
Three cents:
- More up ahead. I really mean more, not just a higher high tomorrow.
SHORT-TERM: NOT SO BRIGHT
The bigger picture, maintain what I said in 11/25 Market Outlook, short-term, could see a sharp rebound (which is indeed), but at least the 11/25 lows will be revisited eventually. [Read the Rest]
...SHORT-TERM: MONDAY MIGHT BE THE KEY DAY
First of all, take a little time to vote. The intraday forum has above 1K registered IDs (all had passed the test proving to be traders with good stock market knowledge), but usually around just a hundred is willing to vote, that’s a little bit low. [Read the Rest]
...Tip: Now you can use shortened name: www.cobrav.com to access Cobra’s Market View.
SHORT-TERM: IN WAIT AND SEE MODE
Three cents:
- Could see red day tomorrow and more likely today’s low will be revisited.
SHORT-TERM: HIGHER HIGH AHEAD BUT EXPECT PULLBACK NO LATER THAN THE DAY AFTER TOMORROW
Four cents:
- Today’s high is not the high.
SHORT-TERM: HIGHER HIGH AHEAD
Nothing to say, at least there’ll be one more push up, because rarely, if never, was a Major Accumulation Day exactly the market top. [Read the Rest]
...SHORT-TERM: MORE DOWN AHEAD
Strictly speaking, the Friday’s sell off only proves the rebound we had (have) is further weakened, because for the same level of rebound, a > a’, while for the same level of pullback, b’ > b, therefore accordingly, even it turns out to be the 3rd push up isn’t over yet, the market rallies huge starting from the next Monday, most likely the magnitude of C up is no match with that of A and B. [Read the Rest]
...SHORT-TERM: MORE PUSH UP AHEAD
The big picture, the market chose to go the 3 push up route, so the next watch point is the Aug 31 highs. [Read the Rest]
...SHORT-TERM: COULD PULLBACK TOMORROW, BUT HIGHER HIGH AHEAD
The market has chosen to go Bear Flag or Rising Wedge, so let’s see if it could decisively breakout the green line in the chart below. [Read the Rest]
...SHORT-TERM: MORE ON THE UPSIDE
Two conclusions:
- Could be red tomorrow.
- The rebound isn’t over yet.
I’ve given plenty of reasons to expect a red tomorrow in today’s Trading Signals, may not be convincing enough, so here’s another one: When NYADV MA(5) too high, the next day is red with no exception. [Read the Rest]
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