We going to finish this week out strong and when I say strong, I mean not at the bottom and have that little upside next week and then just melt off? or are we going to bounce to 447 and come down and have a nice just downtrend next week? I wouldn't mind the bounce to 447 and close out tomorrow around 441 and basically just a downtrend next week. I...
Enjoy the pump today.... next week, lower low.....
And there are more things that go into this.. but you should read your books and study the markets. Ever notice things return to trend. Things return to their breakout point. Higher highs, higher lows... ok... but lets forget about that or any of the ways we can size up a stock... you know, all those other things we use. You are up here.. don't forget that. ...
There is a reason why I draw the box I do. The shaded area. I also look at charts and see what makes sense. There is more upside to come before we reject and head down... At least I am pretty certain there is. I am glad yesterday afternoon I covered a few stocks I was short in. The rejection is coming but there will be a little more upside first. I have...
Could this be a double top on the Qs? Stay tuned...............
I know some of you think this is the week we just crash. I do not see it though.. and for those that say all time highs, the market bottomed, I literally feel sorry for you. When we are around the 3 area, I will entertain a bottom to the market being in although I think we do go below 3 by a little. This week... I think we stay in that shaded area. Maybe a...
This is your target area... closed right where I thought we would... @nobullshytrader0 thanks for the comments earlier today, but wow.. I was right again. How about that. See my comment from yesterday.. 445s-447s is where we should close... Wow.. amazing. Hopefully you went to register for classes or something so you can get a career and not sit on...
Again, not how I fully chart but these are my areas of interest. I think we close tomorrow around the circled area and by next Thursday take it down one notch. I am not seeing anything crazy for the next five or so days... Just in the 430s...... 437-439 or so. I would love to see some upside before heading down and think that is possible. Some of these...
I just have to wonder is this one of those times? Are they really making things this easy? I know some of you who comment on my posts probably see it. I seem to have some smart people that comment but 98 percent of the people who post are absolutely clueless. I just spent 10 minutes laughing at the posts on here.... oh my. Anyway.... it will be...
I love how we nailed it. What I am looking to see is if we really melt off or we hang out... either way, going just as expected. Trends were broken and the beginning of the end just happened. Those who thought pennants, blah blah were woken up to reality today. We are at a very important spot just for the short term on the majority of the tickers I am...
SPY should stay under the 461 area or so... that's what I am looking for at least. SPY also had a massive 9.2 Billion dollar sell last week in the 458s. Someone exited in a big way so staying below that area will be good. Congrats to those that took the ETSY play pointed out on Friday. I would be trailing that and see if it can make it to the 142s this week. ...
Don't look for anything to eventful in SPY... it's not going to be dramatic, I do not expect a dramatic sell of and it will be a lower high week. I expect a pretty tame week much like this week and I do not expect to breaking 462, sorry if you are bullish and looking for whatever crazy number you are looking for. In a less charted stock I did share my thoughts...
I closed out a long term ETSY short today... when it bounced off 122 which I thought it would and came up to 125 I figured lets jump in for a short term trade to the upside... IF Etsy were to get a little crazy next week and start hitting in the 140s, I would instantly close it out and go short......... I am short term long, long term short biased. I do not...
@nobullshytrader0 listen, I kind of like you... you're a nice guy, besides being a little creepy with stalking Tara on Twitter all day. you are a nice guy. But I have to laugh.. I see some of the comments you made and really, you do not play the market by looking at Vix Volume. Sure, there is that saying, when Vix is low, look out below. BUT THATS NOT HOW YOU...
There are a few of you since SPY pumped... do yourself a favor. Stop using your garbage indicators.... go read some books by Thomas Bukowski if you want to succeed in the market. It's not going to tell you everything you need to but it will get you in way better shape than you are in. If you continue to use garbage indicators you will never understand...
You do have a gap at 463/ 464 It would not shock me if there was a quick spike up there.... I would like to see a wick on the higher time frames if it goes for it... and then send it down..... April should be a pretty nice red time for SPY and the markets. We are just a bit to high......
2600 or 2800s? Pick one..... but you look topped out. Congrats on your little run...
I think it’s time to head on down now. You reached the target I didn’t think you would.