We should break to the up side of this falling wedge but will news ever let us do it:
Joanne Klein's weekly chart, chart #57, produced a rare sell signal on Monday:
https://stockcharts.com/public/1107832/tenpp/5
We should break to the up side of this falling wedge but will news ever let us do it:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
VIX:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I'm liking it...but not trusting it. Too many positives today and we are only seeing this little move. Bad News Weekend is my guess. Unless the market is trying to price in the bad news? And weigh it against any 3rd stimulus that gets passed Monday? VIX is coming down but I want it under 50, on a fast drop, before I trust it to not climb again. Lots of balls in the air...not mine though; figuratively speaking of course, mine are hiding till this crap shakes out.
As always trying another bottom box:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Back under the long-term:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I see what you are charting...and really don't like it.
We did break above. I guess the deal fell through because Futures popped from positive to negative.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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