Tagged "TradingMarkets"
THE BOTTOM LINE, THE SHORT-TERM TREND IS DOWN.
Not a bad day for bulls if you knew how bad the futures was the last night. [Read the Rest]
...THE BOTTOM LINE, THE SHORT-TERM TREND IS DOWN.
I think a rebound of some kind is due but chances are it would fail eventually. [Read the Rest]
...THE BOTTOM LINE, THE SHORT-TERM TREND IS UP.
Tomorrow is the “bullish Thursday”, let’s see if bulls can follow up today’s gains which haven’t been so for quite awhile. [Read the Rest]
...THE BOTTOM LINE, THE SHORT-TERM TREND IS DOWN.
The SPY intra-day chart looks like a Bear Flag in the forming so NORMALLY the selling isn’t over yet. [Read the Rest]
...THE BOTTOM LINE, THE SHORT-TERM TREND IS DOWN.
I have no preferences for the next Monday. So far the SPY daily chart looks like a Bear Flag in the forming therefore the bias is on the downside. [Read the Rest]
...Usually after a huge up day like today, the next day tends to be a small range day and if this rebound has more legs, the morning dip will be bought aggressively. [Read the Rest]
...The bottom line, there WERE 74% chances SPX would close in green tomorrow.
Despite of an ugly close, I certainly don’t expect another gap down open tomorrow because we had 5 consecutive gap down opens already. [Read the Rest]
...I have no idea about the next Monday. According to Stock Trader’s Almanac, day after Easter, worst post-holiday, SPX down 16 of 20 from 1984 to 2003, but improving recently, up 6 of last 8. [Read the Rest]
...The bottom line, the market goes as planed, I don’t even need to adjust the evil plan chart today, again the coming rebound would be the bear’s moment of truth, whether they deserve any rights to survive this free money printing world. [Read the Rest]
...The bottom line, it’s a Major Accumulation Day, so a higher high (also is a new high) is almost guaranteed. [Read the Rest]
...A little little bullish biased toward tomorrow because today is a Major Distribution Day so about 62% chances a green day tomorrow. [Read the Rest]
...SHORT-TERM MODEL SEES A DOWNTREND, HOLDING BOTH LONG (TRAPPED) AND SHORT OVERNIGHT
The bottom line, today’s action confirmed what I speculated last night that a top of some kind was in. [Read the Rest]
...SHORT-TERM MODEL SEES AN UPTREND, HOLDING BOTH LONG AND SHORT (TRAPPED) OVER THE WEEKEND
The bottom line, SPX under MA(200) and up 5 days in a row is not a reason to sell. [Read the Rest]
...THE SHORT-TERM MODEL SAYS THE TREND IS DOWN, HOLDING TRAPPED LONG AND SHORT OVERNIGHT
I have no idea bout tomorrow, the intraday actions seems very bullish today but the big picture still remains down. [Read the Rest]
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