Something I have seen lately is when one of the Trillion dollar
company gets sold hard the money automatically moves into the other
trillion dollar companies.
See how AAPL and fb is trading strong while MSFT gets hit.
on MSFT regarding symmetry - the pullbacks since Oct 2020 have
basically been to symmetry where price found support (blue dotted
lines) however that pullback in Nov - Dec slightly exceeded those
previous pullbacks i.e. a small break in symmetry, and so far two
lower highs in place
short term the rallies have stalled at symmetry - purple dotted
lines
VIX 15 min playing out
Posted by matt on 3rd of Jan 2022 at 09:52 am
$VIX - 15 Minute View - Chart Link- discussed this chart on weekend
That smelled of margin liquidation
Posted by profmel on 3rd of Jan 2022 at 09:53 am
That smelled of margin liquidation - hit MSFT and HD really hard...somebody needed cash :)
Both HD and MSFT closed
Posted by steve on 3rd of Jan 2022 at 10:04 am
Both HD and MSFT closed near their yearly highs so some trader's held off selling till the new year to defer gains
Something I have seen lately
Posted by rareto25 on 3rd of Jan 2022 at 10:12 am
Something I have seen lately is when one of the Trillion dollar company gets sold hard the money automatically moves into the other trillion dollar companies.
See how AAPL and fb is trading strong while MSFT gets hit.
on MSFT regarding symmetry -
Posted by matt on 3rd of Jan 2022 at 10:18 am
on MSFT regarding symmetry - the pullbacks since Oct 2020 have basically been to symmetry where price found support (blue dotted lines) however that pullback in Nov - Dec slightly exceeded those previous pullbacks i.e. a small break in symmetry, and so far two lower highs in place
short term the rallies have stalled at symmetry - purple dotted lines
Powerful stuff! Thank you
Posted by profmel on 3rd of Jan 2022 at 10:27 am
Powerful stuff! Thank you
Good point :) I bought
Posted by profmel on 3rd of Jan 2022 at 10:10 am
Good point :) I bought more MSFT calls