Move today was good, but not bullish enough. We might lag, but not bullish yet. Not changing the outlook yet, flat to bearish.
this actually looks bullish... and im thinking of getting in. need some quality stocks now hahaha
Bull move got further from where I was thinking yesterday but it seems bear leg is starting. Bears will need to move and not let this stay here.
Channel support and about same level we rebounded last time since the possibility of having a bullish breakout, I'll set this as bullish, although we might stay in this range forever... haha
This was like one of those things that takes you to the other. An small short is becoming big, and with this move im expecting this to extend to next week.
I won't deny it, i got owned today, but i closed the day with some shorts. Perhaps short move can be interesting. bear might give us some red days... talking about the nas here since russell has already stated. This might be just an small breather to the take out the orange resistance area, after, but few short days can be used. i'm setting this to neutral since...
we've been trading longs for some days now. Break out of channel has happened we can do whatever happens after a break out, continue or retest levels.
It seems hard for this to rebound enough to get back into range. still last time we had a breakdown of range back in 9/7/20, it still kept trying to bounce for 2 more weeks, and for this reason I'm hesitant to say this bear will continue. If we stay here by tomorrow's close we still are flat to short.
it seems down trendline is getting respected. Yet, i expect a rebound and test of orange area. So pretty much this will be a range, or a kangaroo mkt. Not big strength from bears, still this isn't defined.
Same set up, still is a long. Some want to see this burn but this is just doing its normal crazy stuff.
i did not notice that immediate resistance, but i guess since we didn't go through 13340 I should stay out.
long plan seems is still ok. As said this is not the strongest signal but some longs can work till next resistance which i have at around 13614.
The short leg seems set to continue. Still, 4 days and -2.5% move, can not say it is strong but might continue.
By now the resistance,I would rather say the level of supply, its obvious. A new channel up is being formed, trend up, the levels are there. hard stop should move with channel. so yes I've been trading this.
I trade what i see, trying to not permanything. Today before closing bell this was giving entry for a bigger down move, but then came the post market candle... unreal. Currently system is flat to bearish, but i don't think they let the bear move. Im setting this flat because of this last hour buying.