A lot of emphasis placed on SPX. NYSE is a better picture of overall market IMO
sorry for the late day posting guys/girls... But I was busy at work and couldn't get a chance to post anything/calculate my work.....I have stupid student loans that i need to pay and i have to work to pays those off...until i make enough money trading or working I got Bills that i have to pay.....but one day I hope i can become a day trader Please click the link...
Either we made the lows or one more push to get all the technical in the oversold and to get the majority of the crowd to throw in the towel..DON'T PUT ON YOUR SUPER BEAR FACE.... If we can make some type of higher lows then we should continue up..but lets see how this week ends and next week starts
IN THE LAST 3 DAYS - I CALLED THE FOLLOWING 160 POINTS THIS IS WHAT TRADING WITH CONFIDENCE LOOKS LIKE!!!!!!!!!! I WILL BE STARTING MY OWN EMAIL BASED WEBSITE SOON....IT WILL BE FREE AT THE START BUT THOSE OF YOU WHO SUPPORT ME AND SEND ME YOUR EMAIL.. I WILL GIVE A REDUCE/ SPECIAL RATE. EMAIL ME : SENTIMENTTIMINGNEWSLETTER@GMAIL.COM
Please support by clicking the link below... www.sentimenttiming.com I have a feeling that we might need a another good push down to get all the shorts out... that's one options or we have already ended this down move and will be going up ( making higher lows ) . PLEASE USE RISK MANAGEMENT WHEN TRADING!!!! THATS THE KEY TO WINNING
Today, we saw the break and hold below of an important long term trendline in effect for months leading up to now, as well as several strong points of support. Rationale for short: - Break of lower bear flag channel trendline & hold - Successful retest and rejection of trendline. - Broken support at 206.80s and 206.00s - Huge bull rally immediately and...
This is the short term view. I will post the long term as well. The past four market days have seen a large increase in volatility, as the bears and bulls fight for control in this range. Today saw a large gap down, and a reasonable attempt to stay above yesterday's lows. These lows happen to be very strong resistance from all of last week as well. The price...
The Sentiment on 12/2 was 93% Bullish . As I noted: “In general it is never a good idea to Buy on High Sentiment.” We have seen that every extreme cluster of Low Dorsey Sentiment have been ideal time to Buy zones. However, it is little recognized that “High Sentiment and Low sentiment are materially different in that they represent different aspects of the...
The Sentiment on 12/2 was 93% Bullish. As I noted: “In general it is never a good idea to Buy on High Sentiment.” We have seen that every extreme cluster of Low Dorsey Sentiment have been ideal time to Buy zones. However, it is little recognized that “High Sentiment and Low sentiment are materially different in that they represent different aspects of the...
The signals are aligning, especially the MA10 MA20 Convergence and the leap above the MA20 with a strong Daily Bar. In addition, on the 4 Hour Chart, the RSI is at an impressive level not seen since early September.