arun, The stock market has nothing to do with the economy. Buy
the rumor, sell the news on the debt ceiling. The move up has been
corrective. A running flat is still a corrective move. PSAR
trailing stop is at 13368-ish. I expect it to be approached next
week. 13407 to 13382 is the support that must hold on /NQ.
I am not good at playing the musical chairs near the top. I
prefer to gobble at the bottom on sale. Good luck to you!
arun, The stock market has
NQ futures 52 week high...Bears convinced yet ?
Posted by junkie on 18th of May 2023 at 12:05 pm
arun, The stock market has nothing to do with the economy. Buy the rumor, sell the news on the debt ceiling. The move up has been corrective. A running flat is still a corrective move. PSAR trailing stop is at 13368-ish. I expect it to be approached next week. 13407 to 13382 is the support that must hold on /NQ.
I am not good at playing the musical chairs near the top. I prefer to gobble at the bottom on sale. Good luck to you!
I am def not buying
Posted by arun on 18th of May 2023 at 12:21 pm
I am def not buying here...