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Thread: bmneveu's Account Talk

  1. #1189

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    Default Re: bmneveu's Account Talk

    Does anyone else feel like the market is going to crash this week?
    Don't Fight The Fed!

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  3. #1190

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    Default Re: bmneveu's Account Talk

    Quote Originally Posted by bmneveu View Post
    Does anyone else feel like the market is going to crash this week?
    The Markets are jumping UP and Down like a CRAZY RAT and it Will continue until it stops. mouse.gif
    06/18/2020
    LS CRUDE Oil
    =$38.84 a Barrel, Daily Status +$.88

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  5. #1191

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    Default Re: bmneveu's Account Talk

    Quote Originally Posted by bmneveu View Post
    Does anyone else feel like the market is going to crash this week?
    Not certain what it will do, but momentum indicators indicate downward... then again, any good news could change that. I am not entering until Stochastic goes down to at least 20 and then starts to cross back up...

    PS..I also look at NYSE cumulative volume....looks to be going down right now, but again... it too can reverse on a dime. It does seem to lead at times.

    nyud cumulative.jpg
    CURRENT: 6-25-20 = 100%G // Prior: 6-16-20=G85%-15%S //6-12-20=G70%-15%S-15%I// Chart Links=Page 241-242, posts#2892-2894, older ones Page 215, #2575-76

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  7. #1192

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    Default Re: bmneveu's Account Talk

    oh... and more importantly, we broke uptrend on Weekly chart and no longer have higher highs and higher lows on S&P 500. Two weeks back we had a lower high and last week we established a lower low. That looks to be at least a short-term down trend. Will see.....but, but, but....Per Ira Epstein, who uses "swinglines", we will not break uptrend if S&P dies not drop below 2935....hummm...... plus he noted that Bollinger bands are starting to roll over...interesting video Nnuut posted Saturday on the Ira thread... Thanks Nnuut!

    SPX now.png
    CURRENT: 6-25-20 = 100%G // Prior: 6-16-20=G85%-15%S //6-12-20=G70%-15%S-15%I// Chart Links=Page 241-242, posts#2892-2894, older ones Page 215, #2575-76

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  9. #1193

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    Default Re: bmneveu's Account Talk

    Quote Originally Posted by bmneveu View Post
    Does anyone else feel like the market is going to crash this week?
    Glad to be wrong so far!
    Don't Fight The Fed!

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  11. #1194

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    Default Re: bmneveu's Account Talk

    Made back most of what we lost on Friday. I'll take it.
    Don't Fight The Fed!

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  13. #1195

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    Default Re: bmneveu's Account Talk

    Looking at refinancing my home from 4.875% to 2.65%. That's gonna save alotta cheese!
    Don't Fight The Fed!

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