3309 Drysdale Ct
Edwardsville, IL 62025
Larry Williams for the few followers here was quoted by Cramer
after picking uptrend well says the Thoroughbred horses like TECH
likely will give up leadership. It will be Dow type stocks will
continue to do well.
$CPCE closed .51 on FRIDAY It has not been this low since
August of this year. Even 5 day moving average is .63 very low
$NASI - Chart Link-
Interesting pattern ?
Courtesy : Trendspider
GDX - Chart Link- note the 61.8% Fib
retracement where price stalled last week - was a logical place for
price to pullback from
GDX - Chart Link- daily - 5 higher low trailing
short term very extended. Options pricing is too enticing to
market makers to ensure a rug pull
CX was a great breakout to new highs but now RSI extended and 4
simple moving averages look toppy and massive volume on
Friday. Thoughts please.
Australia on the other hand is looking strong - not far away
from previuos tops
AEX CAC and DAX are looking tired
In ES futures we have time resistance to the rally with the last
swing being up 25 bar on the 120m chart and the current rally swing
in time is similar at 24 bars up so far...good time to trail up a
Some levels on SPX and ES posted yesterday to write down
FOMC Wednesday and ECB/BOE on Thursday
AMZN GOOGL AAPL Thursday
TSLA practice count 15 min
I am not super bullish or super bearish. I am definitely not in
the camp of retesting covid lows. As of now trading what I see.
Long term portfolio is still invested. Made some adjustments as
needed for example picked up more Tesla at 115, XBI at 65 last
When you get the chance can you explain on the intraday BPT
Deluxe charts two things:
1) what are the dots in blue and pink? If you could
explain generally what they are so that I can understand it on an
intuitive level, that would be helpful.
2) why is do those intraday charts not have the vertical lines
like the daily chart?
I understand you have a lot going on with personal matters so it
doesn't have to be right away, but if you could explain it, when
you get the chance, that would be great. TIA
You are super bullish. Are you heavily long?
Thanks timebandit for that observation !!
Appreciate it !!
$CPC closed pretty low Friday at 0.84. Past times it reached
this level on this chart led to a decline in $SPX, sometimes one
day, sometimes multi-day. No guarantee it will happen again, but
that's the pattern. If the rapid plunge in BB width keeps up much
longer, the bands will become very tight very soon.
In dec 22 the prices of unregulated energy (which, while
maintaining sustained growth, pass +69.9% to +63.3%), unprocessed
food (from +11.4 % to +9.5%) and transport-related services (from
+6.8% to +6.0%); on the other hand, support for the inflation trend
derives from the acceleration in the prices of regulated energy
(from +57.9% to +70.2%), processed food (from +14.3% to +14.9% ),
recreational, cultural and personal care services (from +5.5% to
+6.2%) and communications services (from +0.2% to +0.7%).
In December 2022, core inflation (i.e. excluding energy and
fresh food) accelerated from +5.6% to +5.8% and that excluding
energy alone rose from +6.1% to +6.2%
Reduce rates and they'll spend more , raise taxes to
bring in more revenue and they'll spend more . They're gonna
spend more and create more debt till the country folds like a cheap
suit . To assume they'll do what's best for the country is to
ignore what they've done already , the exact opposite.
Will the stock market rise if the dollar falls hard ? ,,,
Hard assets rise against a weak currency . Kinda
like my house , when it was built (1959)ish sold for 7k
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