Negative divergence on MACD, post election volatility, productivity contracting, softer corporate forward guidance all spell trouble for this over inflated market. Take heed.
Agree and appreciate your post. When do you calculate the selling begins.
AftabAli
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@stockSMASH, NQ futures are down overnight, so I'd say starting 10/13 for the pit session.
stockSMASH
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@AftabAli, The trade.pigs often drop price in aftermarket to take profits on gap up in the morning.
Futures up at 6am est. Looking for hope of reversal but it appears new highs will be tested.
N0tSwift
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@stockSMASH, I think we go up or sideways tomorrow 10/14, but 10/15 with the new unemployment numbers we start down.
stockSMASH
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@N0tSwift, thank you for reply. There is the big gap to fill upside.. And a sea of gaps to fill downside.
Your insight appreciated.
kflynn2018
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does the divergence clear after it goes negative like it did back in march?