Transports:
VIX playing peekaboo with my 50 day:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Transports:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
USO:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Many are saying stocks may go into a correction next couple of weeks, so Friday's afternoon pop in buying both in stocks and bonds must be because of Japan's woes.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
What is the DOW doing short term? First May Chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Bull Flag?
50% S, 50% C 06 Mar, was 100% G; 80% S 20% C COB 08 Jan '24; 100% G COB 14 Nov; was 100% C COB 31 Oct (Boo!); was 100% G COB 12 Oct; was 50% C, 50% S COB 22 Jun; Life is good!
The funds:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I almost went in yesterday (EOB this morning). With the info scheduled to come out this morning it would have been a complete roll of the dice so I decided to wait. This morning will be interesting!
Thanks for the charts!
A bounce off the 200ema, SPX led down by Oil then a quick turnaround -- if it happens 2110 is my exit point
I'll be happy for May. : )
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
But today...or next week? I thought today but this sideways action has me scratching my head.
There's a good chance of losing the 50 Day and embedding to the down side. So is the bad jobs report good? Still have to wait for market post news reaction to decide if it's good news for rates:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
We finally got some downward movement this morning...but it won't be enough to get us towards the 200 even with the 50 broke. At least today, unless this afternoon really brings out bears. No move in for me till I see what happens with the 200.
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