like I said regarding sector rotation, you can see how many of
the sectors were up today, 11 of them out of 19. Shows you the
effect big tech has on the market with those extreme weightings
that it has
yeah i had switch gears and look at the 500 charts of the sp500
instead of my saved charts that includes a lot of tech. many
of them popping there....looks like semis are next on the chopping
block...
SPX daily
Posted by matt on 14th of Dec 2021 at 12:13 pm
$SPX - Chart Link- added a symmetry symmetry target should that play out
again we've discussed that X wave scenario since last week, which could be unfolding
I liked this scenario, nice
Posted by retirefire on 20th of Dec 2021 at 09:36 am
I liked this scenario, nice possibility shown when 1st published. SPX X Wave
SPX tagged the MA (50)
Posted by retirefire on 17th of Dec 2021 at 10:20 am
SPX tagged the MA (50)
X Wave scenario looks like
Posted by retirefire on 16th of Dec 2021 at 10:53 am
X Wave scenario looks like fight between Bulls and bears is at juncture?
looking more plausible X Wave
Posted by retirefire on 16th of Dec 2021 at 03:05 pm
looking more plausible X Wave
yep, and hopefully not the
Posted by matt on 16th of Dec 2021 at 03:12 pm
yep, and hopefully not the more bearish view with a 5 wave completed in Nov.
we still have sector rotation
Posted by matt on 16th of Dec 2021 at 03:22 pm
we still have sector rotation going on, which is good vs just broad based selling. I would be careful making big bets today and tomorrow.
like I said regarding sector
Posted by matt on 16th of Dec 2021 at 04:44 pm
like I said regarding sector rotation, you can see how many of the sectors were up today, 11 of them out of 19. Shows you the effect big tech has on the market with those extreme weightings that it has
yeah i had switch gears
Posted by morton7 on 16th of Dec 2021 at 04:53 pm
yeah i had switch gears and look at the 500 charts of the sp500 instead of my saved charts that includes a lot of tech. many of them popping there....looks like semis are next on the chopping block...
This is something I need
Posted by rareto25 on 16th of Dec 2021 at 04:43 pm
This is something I need to understand. What exactly is getting sold and what sector is getting bought.
it's on my images: sectors
Posted by matt on 16th of Dec 2021 at 04:47 pm
it's on my images: sectors bought: Banks, Financials, Energy, Real Estate, Consumer Staples, Healthcare, Utilities
sold, tech, semis, retail
Good advice indeed ... 100
Posted by fredsaid on 16th of Dec 2021 at 03:29 pm
Good advice indeed ... 100 pt a day whipsaws probably not a good idea to pick a side.
Continuing to form a nice
Posted by fredsaid on 14th of Dec 2021 at 02:16 pm
Continuing to form a nice inverse H&S ?
Update: SPX daily
Posted by matt on 14th of Dec 2021 at 12:14 pm
$SPX - Chart Link- sorry that annotations didn't show up on that last post, here you go
Update: Update: SPX daily
Posted by matt on 14th of Dec 2021 at 12:30 pm
$SPX - Chart Link- 5 min little wedge there, MACD pretty far below zero - open gaps still etc
the market needs this https://youtu.be/FXH69LabyPw?t=15
Posted by matt on 14th of Dec 2021 at 12:29 pm
the market needs this
https://youtu.be/FXH69LabyPw?t=15
regarding that video Mel Brooks
Posted by matt on 14th of Dec 2021 at 12:34 pm
regarding that video Mel Brooks will be guest speaker with Steve on the newsletter tonight