@McllroyCharlee, Hi - I agree that you should look at prices from multiple time windows. Generally I look at Daily, Weekly, 1 hour charts. More importantly I look at MACD/oversold/bought indicators. To me Friday was clearly the panic sell we were waiting for confirmed by the long DOJI signal.
McllroyCharlee
⋅
@ckomagan, Personally I think the potential loss of the House of Representatives is being pricing in . Either a sell off if it is lost or a leg up. or the opposite depending on party allegiances
ckomagan
⋅
@McllroyCharlee, Possible that is a factor. Also the market is waiting on the outcome of earning season. I am not going in all the way yet, but watching closely.
McllroyCharlee
⋅
@ckomagan, Earnings seem to only effect large cap companies to the downside if targets are missed. Question for you, How else do you get exposure to S&P volatility?
ckomagan
⋅
@McllroyCharlee, UVXY traded two weeks ago but closed too early. You can see the charts I posted a couple of weeks ago.
I think Intel and FB reported good earnings. If Apple report is positive then market will go higher Imo.
McllroyCharlee
⋅
@ckomagan, Personal MSFT is the only Tech I will touch at the moment. Gotcha, yea I've been using the DOG & SH.
what about the five day chart?