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SPX busted out of that rising wedge
What does that 'A' mean?
Hi Matt/Steve, May you also look at PSTG for potential trade
Have a nice weekend everyone.
The competition is like Intel vs (AMD, QCOM, APPLE, ETC+TSM). If
AMD gains more market share, TSM is be benefited. One of the
largest problems for Intel right now is they are lagging behind TSM
on advanced chip manufacturing.
Thanks for sharing RP. I mentioned before that Larry's
mentee, Fred Meissner has sort of a similar view -
pullback/consolidation into early August and then Strong into the
election. Gonna be interesting.
What's his market forecast for the second half? Other than the
short term top he talked about on CNBC.
Hey Matt, question on the pattern from March low: if we do break
out of the ascending triangle on SPX, as you suggested, the longer
term pattern looks like a very good cup and handle pattern and
measured target will be into the 4000s?
Thank you Matt & Steve. It's an important element of
intermakret analysis, so even if one doesn't trade them, there's
good indications there.
CPC still around 0.6.
Larry Williams? Is there a link for that video.
It's interesting bacause I follow one of Larry's mentee,
former technical analysis director at merrill lynch. He is looking
for pullback/consolidation into end of July/early August and then
strong into the election.
Hey Matt, I remeber you recently mentioned stock market tends to
hold up till the end of July. Is this thesis based on
Beacuse if so, the seasonaility in an election year, especially
a year when the sitting president is running, is a bit different.
Actually July will be quite choppy in a year like this, based on
Symmetry break on this pullback? 35 points now
Man, if we’re all gonna die why bother selling stocks then
Wave structures also look more like a B bounce. Maybe we will
make a complex bottom into July.
Looking at the wave structures of S&P futures - This
pullback could even be a b of B. Anyways, this recent pullback is
too short in time and failed to wash out excessive bullish
sentiment so there maybe more pullback/consolidations.
Hi Matt/steve, is today highly likely to be a trend day?
Also a vix buy signal confirmed - closed below upper BB last
Friday and closed lower today.
Yea. In the investment advice business, there are just too many
shitty products that you can pay to lose money. The service quality
here definitely worth the price.
QQQ made a new all time closing high:)
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