Break in structure needs a trigger ( usually some event
related)... I meant the same thing as you maybe it wasn't clear .
Trend is up and we ride it until it changes. No one can time the
top. That said historically bull markets win (not saying we should
be ignorant/complacent)...
Unless markets reacts to some news in a negative manner and
stays with it, how can we sell off? We shrugged off high CPI/PPI
and rate cuts have been postponed and we still rallied. Financials
are making new highs too. Maybe we wont see selling until rate cuts
start.
I agree with the wave concept. But we had quite a few
divergences that were negated many times last 2 months. So far the
21 day MA continues to act as support. Will see if it breaks
I am reading lot of articles on divergences (Sentiment trader
being the latest)....but if lot of sectors/ETF`s are breaking out,
how can we say breadth is narrowing ? I am selling into strength
only to find myself buying back higher which is getting
frustrating.
The community is delayed by three days for non registered users.
Not sure how they come
SPX Breadth (Bloomberg)
Posted by arun on 27th of Feb 2024 at 06:42 am
Not sure how they come up with this claim. Most major ETF`s outside of tech hovering at 52 wk highs ....XLF XLV XRT XHB IYT probably many more
ROOT not stopping since earnings
Posted by arun on 26th of Feb 2024 at 11:56 am
ROOT not stopping since earnings
NET set to take off
Posted by arun on 26th of Feb 2024 at 10:47 am
NET set to take off
sweet move...who caught this
CVNA broke out of a long base. Probably has more ...
Posted by arun on 26th of Feb 2024 at 10:13 am
sweet move...who caught this
CVNA broke out of a
Posted by arun on 25th of Feb 2024 at 09:00 pm
CVNA broke out of a long base. Probably has more upside.
CVNA handing it to the
Posted by arun on 22nd of Feb 2024 at 05:04 pm
CVNA handing it to the shorts
please elaborate what this means
Thus far they left equal highs on the QQQ - ...
Posted by arun on 22nd of Feb 2024 at 03:24 pm
please elaborate what this means for dummies lol
Break in structure needs a
To Matt or Steve is there a chance that we ...
Posted by arun on 22nd of Feb 2024 at 12:30 pm
Break in structure needs a trigger ( usually some event related)... I meant the same thing as you maybe it wasn't clear . Trend is up and we ride it until it changes. No one can time the top. That said historically bull markets win (not saying we should be ignorant/complacent)...
Unless markets reacts to some
To Matt or Steve is there a chance that we ...
Posted by arun on 22nd of Feb 2024 at 12:17 pm
Unless markets reacts to some news in a negative manner and stays with it, how can we sell off? We shrugged off high CPI/PPI and rate cuts have been postponed and we still rallied. Financials are making new highs too. Maybe we wont see selling until rate cuts start.
https://x.com/saxena_puru/status/1757557761796182455?s=20
x.com
Matt Thoughts on NET and
AMD comments
Posted by arun on 22nd of Feb 2024 at 11:59 am
Matt Thoughts on NET and ARM charts please.ty
This was very helpful Steve.
NVDA Mapping
Posted by arun on 22nd of Feb 2024 at 08:12 am
This was very helpful Steve. Thank you
Funny post from twitter
Posted by arun on 22nd of Feb 2024 at 07:16 am
Funny post from twitter
I agree with the wave
One down day and bears already at climax!!!Other than VIX ...
Posted by arun on 14th of Feb 2024 at 09:11 am
I agree with the wave concept. But we had quite a few divergences that were negated many times last 2 months. So far the 21 day MA continues to act as support. Will see if it breaks
One down day and bears
Posted by arun on 13th of Feb 2024 at 06:45 pm
One down day and bears already at climax!!!
Other than VIX spiking insanely , stock prices definitely didn’t reflect that panic. Party is back on.
Analog tp 1995
Posted by arun on 7th of Feb 2024 at 07:47 pm
1995 Analog
https://x.com/2kaykim/status/1755384375728898219?s=46&t=GadnaU4CywaBN1eo6cH-8g
x.com
I know ......not referring to
SPX - gotta at least tag the 5000 round number
Posted by arun on 7th of Feb 2024 at 11:39 am
I know ......not referring to you guys. I dont base everything purely off BPT. There is no holy grail and I understand that. Just had to vent :-)
I am reading lot of
SPX - gotta at least tag the 5000 round number
Posted by arun on 7th of Feb 2024 at 11:09 am
I am reading lot of articles on divergences (Sentiment trader being the latest)....but if lot of sectors/ETF`s are breaking out, how can we say breadth is narrowing ? I am selling into strength only to find myself buying back higher which is getting frustrating.
This could be a bottom
TSLA — great heads up yesterday — thx
Posted by arun on 7th of Feb 2024 at 10:34 am
This could be a bottom ... its at a confluence of trendlines and fib retracement...But if it loses this level, its done
IWM beautiful shakeout under 50 day
Posted by arun on 5th of Feb 2024 at 01:48 pm
IWM
beautiful shakeout under 50 day and bottoming tail ?? 2 hours to go
TSLA hit 61.8% retracement alert on
Posted by arun on 5th of Feb 2024 at 11:53 am
TSLA
hit 61.8% retracement alert on weekly. Lot of Jan leap calls bought at ask as well... fwiw