nice rally in Southwest today. on the standard Stockcharts
chart price found support at those confluence of MA's
on the KISS chart it had shifted to a bullish config a couple
weeks ago note the two long DVT stops. Also your low risk buy was
last week, see the BPT MA on the daily pull back to the ribbons,
then you had cycle buys on the 120 min and 1/2 day
Posted by kevindeng0727 on 24th of Aug 2020 at 11:54 am
Hi Matt, what's your take on financials & banks? The set-up
of oversold NYMO and XLF/KBE on trendline support is same as
mid-may, before a period of outperformance in financials and IWM.
Thanks.
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Posted by matt on 24th of Aug 2020 at 11:34 am
nice rally in Southwest today. on the standard Stockcharts chart price found support at those confluence of MA's
on the KISS chart it had shifted to a bullish config a couple weeks ago note the two long DVT stops. Also your low risk buy was last week, see the BPT MA on the daily pull back to the ribbons, then you had cycle buys on the 120 min and 1/2 day
Hi Matt, what's your take
Posted by kevindeng0727 on 24th of Aug 2020 at 11:54 am
Hi Matt, what's your take on financials & banks? The set-up of oversold NYMO and XLF/KBE on trendline support is same as mid-may, before a period of outperformance in financials and IWM. Thanks.