I agree with that part.Originally Posted by Bill3438;628877[B
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Even with jobs report, I have no idea why things got so bullish today. It went like the ever ready bunny. It just kept going and going.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Could be new monthly money that held off until after the jobs report (and Fed, impeachment vote) this week. It could roll into Monday but watchout for Turnaround Tuesday.
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Tom
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Chart:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
There very well could be some FOMO going on today. Not kicking myself for going back to G last Friday. New highs don't always mean bulls continue to take the stock/markets higher. But so far today, futures are up nicely. But, keep an eye on chart history and what usually happens after a new high is set. And for that reason, I'm saving my 2nd move for the reset.
Good commentary here
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BLTA
Looks like weakness again but it didn't work out last time:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Inverted F flag is bearish until it breaks. Is VIX going to pop soon?
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
Small gap filled and testing support. If support fails we can finally un-embed:
Last edited by Bquat; 11-06-2019 at 10:27 AM.
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
I don't know why VIX hasn't popped yet. Flat bottom can build for bigger pop:
Don't bias your charts. Show support and resistance. My comments and charts are not trading recommendations.
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