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Reply With QuoteEarly observations: If the Transports closed here, it would be a new all time closing high.
The financial (XLF) is moving back above its 200-day EMA, after yesterday's failure.
Re: tsptalk's Market Talk
The Transports take out another layer of resistance and now only the old highs are in the way...
Tom
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Re: tsptalk's Market Talk
Early observations: If the Transports closed here, it would be a new all time closing high.
The financial (XLF) is moving back above its 200-day EMA, after yesterday's failure.
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Re: tsptalk's Market Talk
Did anyone get lucky and put in a buy order yesterday morning before the tank?
Congrats on a great (and lucky) fill!
Just don't blink.
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Re: tsptalk's Market Talk
Those in the inner sanctum were able to make a nice profit, trading around the tweets.
Originally Posted by tsptalk
Did anyone get lucky and put in a buy order yesterday morning before the tank?
Congrats on a great (and lucky) fill!
Just don't blink.
Weatherweenie's Account Talk
Teddy Roosevelt: Patriotism means to stand by the country. It does not mean to stand by the president or any other public official. Retired on November 30, 2023 with 30+ years of service.
Re: tsptalk's Market Talk
The VIX dropped to the bottom of the 25 - 30 range this morning, then popped right back above the 200-day EMA.
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Re: tsptalk's Market Talk
Late morning push to fill this morning's open gaps...
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Re: tsptalk's Market Talk
Is it time for the Nasdaq 100 to start again?Looks like a bull flag break out today. Basically an inverted head and shoulders breakout, with the bull flag as the right shoulder.
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Re: tsptalk's Market Talk
What are we thinking next here? Run to the early September highs before the election?
Re: tsptalk's Market Talk
As long as D.C. doesn't call the big tech companies on the carpet in the interim. The inv. H&S has a target of about 290 - 293.
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Re: tsptalk's Market Talk
The S&P 500 weekly chart looks nice with a solid move back above the Feb. high this week.
I think 3400 is now the line in the sand support, meaning it needs to hold or "top" talk will come back.
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Re: tsptalk's Market Talk
Wow, so much for a no bond market, no banks, quiet holiday trading day.
Boom!
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Re: tsptalk's Market Talk
Man if the TSP had been open today I think I would have made like Steve Miller's Billy Joe and Bobby Sue...
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