On a system I have on Trade Station, there is a high percentage
buy on the daily (92%) and weekly (88%) charts. It's also in
a demand zone on the daily.
While we may not be in a full-fledged bubble yet, it doesn’t
mean we aren’t on the way to that point. Investors are very
exuberant, along with the media, and analysts are rapidly finding
ways to justify excess valuations. In the near term, a market top
is very likely. The market is currently up 17 of the past 19 weeks,
the longest stretch since 1980. More importantly, the deviation of
the market from the underlying 200-DMA is reaching rare extremes.
Furthermore, as noted above, the market trades 3 standard
deviations above the 50-DMA concurrently with market momentum and
breadth deteriorating. Historically, such a combination was a
decent warning of a near-term market top. - RIA Advice.
The community is delayed by three days for non registered users.
ROOT just keeps on trucking.
Posted by EdZ on 15th of Mar 2024 at 10:24 am
ROOT just keeps on trucking.
Sectors today.
Posted by EdZ on 14th of Mar 2024 at 01:16 pm
Sectors today.
I am currently long LABD.
I am paying attention to XBI here. Curious what you ...
Posted by EdZ on 14th of Mar 2024 at 12:45 pm
I am currently long LABD. On the Daily it looks like XBI want to come down to the 50 dma.
On a system I have
Does anyone think URA is getting interesting here?I drew a ...
Posted by EdZ on 14th of Mar 2024 at 10:53 am
On a system I have on Trade Station, there is a high percentage buy on the daily (92%) and weekly (88%) charts. It's also in a demand zone on the daily.
BOIL - Double bottom with
Posted by EdZ on 14th of Mar 2024 at 10:01 am
BOIL - Double bottom with divergence.
LABD
Posted by EdZ on 14th of Mar 2024 at 09:53 am
LABD
VKTX SHOP BMR
Posted by EdZ on 14th of Mar 2024 at 08:53 am
VKTX SHOP BMR
ZIM - Below 200 dma
Posted by EdZ on 11th of Mar 2024 at 01:53 pm
ZIM - Below 200 dma
LABD
Posted by EdZ on 11th of Mar 2024 at 12:37 pm
LABD
QQQ - Back tested lower
Posted by EdZ on 11th of Mar 2024 at 11:14 am
QQQ - Back tested lower trend line break twice.
META
Posted by EdZ on 11th of Mar 2024 at 10:23 am
META
Probably A Market Top While we
Posted by EdZ on 9th of Mar 2024 at 12:54 pm
Probably A Market Top
While we may not be in a full-fledged bubble yet, it doesn’t mean we aren’t on the way to that point. Investors are very exuberant, along with the media, and analysts are rapidly finding ways to justify excess valuations. In the near term, a market top is very likely. The market is currently up 17 of the past 19 weeks, the longest stretch since 1980. More importantly, the deviation of the market from the underlying 200-DMA is reaching rare extremes. Furthermore, as noted above, the market trades 3 standard deviations above the 50-DMA concurrently with market momentum and breadth deteriorating. Historically, such a combination was a decent warning of a near-term market top. - RIA Advice.
QQQ 15min
Posted by EdZ on 7th of Mar 2024 at 10:53 am
QQQ 15min
URA
Posted by EdZ on 7th of Mar 2024 at 10:53 am
URA
LABD 60 min
Posted by EdZ on 7th of Mar 2024 at 10:20 am
LABD 60 min
COST could be next.
CIEN hit on earnings
Posted by EdZ on 7th of Mar 2024 at 10:12 am
COST could be next.
UNG - MAs starting to
Posted by EdZ on 4th of Mar 2024 at 10:45 am
UNG - MAs starting to move up. Should hit some resistance around 18. MACD cross is a positive for UNG in the past.
COST has earnings March 7th
COST - broke to the upside out of rising channel ...
Posted by EdZ on 4th of Mar 2024 at 10:29 am
COST has earnings March 7th after the close. Almost 25% away from 200dma now.
VLCN on the move again.
Posted by EdZ on 4th of Mar 2024 at 10:04 am
VLCN on the move again.
Nice move on natural gas
Posted by EdZ on 4th of Mar 2024 at 08:49 am
Nice move on natural gas overnight.