Tagged "NYMO"

Two cents:

1. SPY had a biggest red bar recently plus volume surge so it could be an exhaustion bar. Plus now NYMO now is extremely oversold, which is among a very few signals that cannot be argued.

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Two cents:

1. Most likely the selling isn’t over. So no lower low, simply keeps bouncing tomorrow, it’s a sell opportunity. I don’t mean you should sell tomorrow of course, will have to wait and see.

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Four cents:

1. Should see lower low ahead, so if rebound tomorrow without a lower low first then it’s a sell opportunity.

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SHORT-TERM: COULD SEE MORE SELLING AHEAD

First of all, members please check if you can login and read inside the Member Only Test Page. [Read the Rest]

SHORT-TERM: COULD SEE SHARP REBOUND BUT MOST LIKELY IT’S A SELL OPPORTUNITY

If you have followed my report for awhile, you’d pretty much know what I’d say today: Because of oversold, so chances are we’ll see a short-term rebound but because of the law of inertia, most likely the selling isn’t over yet, so the rebound, if any, is a sell. [Read the Rest]

SHORT-TERM: COULD SEE PULLBACK SOON, HOPEFULLY SEE HIGHER HIGH FIRST THEN PULLBACK

No new stuff, reiterate what mentioned in 10/27 Market Outlook, higher high then pullback. [Read the Rest]

SHORT-TERM: MAY SEE HIGHER HIGH TOMORROW BUT A PULLBACK OF SOME KIND IS DUE

Three cents:

1. Higher high ahead. Again, please pay attention to my wording, it’s HIGHER HIGH not HIGHER CLOSE.

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SHORT-TERM: IN WAIT AND SEE MODE

No new stuff, everything goes as planed (insert evil laugh here…), so still the same chart as that of yesterday. [Read the Rest]

SHORT-TERM: EXPECT PULLBACK AS EARLY AS TOMORROW

Simple today, one word: Overbought!

Those who followed me for awhile should know, rarely I used the word overbought as title. [Read the Rest]

SHORT-TERM: EXPECT PULLBACK SOON, HUGE UP MONDAY WOULD MAKE TUESDAY GOOD DAY TO BET PULLBACK

Two cents:

1. The big picture, maintain what I said in 10/14 Market Outlook, it’s a 2 legged up and we’re now on the very 1st leg up.

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SHORT-TERM: COULD SEE SHARP PULLBACK THE NEXT WEEK, SUCH A PULLBACK MOST LIKELY IS BUY

First of all, take a time to vote our new poll, maybe you have a 3rd thought now? [Read the Rest]

SHORT-TERM: COULD SEE MORE REBOUND BUT MORE LIKELY THE LOW WASN’T IN YET

Still the old conclusion:

1. Not sure if the rebound was over.

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SHORT-TERM: COULD SEE REBOUND AS EARLY AS TOMORROW BUT THE LOW WASN’T IN YET

Two cents:

1. The low wasn’t in yet.

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SHORT-TERM: IN WAIT AND SEE MODE

Key day tomorrow, the pullback, if any, shouldn’t be big otherwise it’s clearly price overlapping which only proves what we had so far is just a ZigZag rebound instead of an impulse wave up. [Read the Rest]