Tagged "MoneyFlow"
I think we’ll see a rebound as early as the next Monday. However the sell off in the past 4 days was strong so rarely it’s just one legged therefore NORMALLY the rebound would fail eventually. [Read the Rest]
...The SPY intraday chart looks ambiguous, so hard to call Monday. The seasonality according to Stock Trader’s Almanac, is bullish biased though. [Read the Rest]
...The bottom line, I think we should see a 2 legged up here, now is the 1st leg up. Whether my last night’s call for lower SPX close ahead could be fulfilled or not, would depend on how strong the rally goes. [Read the Rest]
...Three cents:
- Might be more down ahead in the short-term.
- Chances are little bit higher we’ll see a rebound tomorrow, SPY target $140.01.
The bottom line, a possible Double Bottom is forming on the SPY intraday chart, so I’m a little bullish biased at least toward tomorrow morning. [Read the Rest]
...Maintain what I said in 03/15 Featured Stock, the AAPL intraday chart is not necessarily bearish yet, bears need push down harder as now it more and more looks like a continuation pattern. [Read the Rest]
...The bottom line, sorry, we still have to wait the next Monday for the next chapter of the story. My guess is even the market gap up to a new high, the breakout might not hold because it travels too long before breaking the previous high, usually such a breakout is not reliable. [Read the Rest]
...The bottom line, the rebound is stronger than I thought but the game is not over for bears yet as it still can be seen as a typical revisit of the previous high, so kind of key day tomorrow, especially it is Non Farm Payroll day which could be a pivot day more often than not. [Read the Rest]
...We have a big rebound but the money flow is negative and the chart pattern still looks like a Bear Flag so I don’t think the low was in. [Read the Rest]
...SHORT-TERM: IN WAIT AND SEE MODE
First of all, from the messages left while registering at our Intraday Forum, I see still many people don’t know that the $10 monthly membership is for reading my daily report here, not for the Intraday Forum which will remain free, therefore to register at Intraday Forum won’t grant you a membership at the main site. [Read the Rest]
...SHORT-TERM: NOT SO BRIGHT
The bottom line, the selling wasn’t over yet, although I’m not sure if the current rebound was over or not. [Read the Rest]
...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 MODEL HAS NO IDEA ABOUT THE TREND, HODING BOTH LONG (TRAPPED) AND SHORT (TRAPPED) OVERNIGHT
The bottom line, I have no clue about the market direction, guess we’ll have to wait until the Symmetrical Triangle to break on either side. [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]
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