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Exactly.
LOL/you noticed that also/over the years ???
ETFs do also; but airlines have all ways been weak, even before the virus......................................................................................................
Be careful today- could be a big reversal to the down
- Thread starter derektrader
- Start date
Exactly.
LOL/you noticed that also/over the years ???
ETFs do also; but airlines have all ways been weak, even before the virus......................................................................................................
Well avoid unions obviously...GDP grows every year period. That growth either goes to capital or labor. One day we get a dip, but S2007S was bearish since 2009. We probably never go back there ever again. Even in 10000 years. Because the upward drift is hard to beat.
And it did it again today, although this time is took only first 30 minutes. The most common pattern the NQ has, and 3 times in row so far.
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SEPT tends to have a dip, in stocks;
but mean while, the uptrend =a good friend/especially in tech ETFs...……………………………………………………………………………………………………………………………..
I said yesterday to be careful that i had a strange feeling and stocks looked toppy.
We reversed to the down today. Lets see if there is follow through tomorrow.
Companies such as WMT, HD, and LOW all gapped up on earnings and made new highs only to reverse to the down.
We reversed to the down today. Lets see if there is follow through tomorrow.
Companies such as WMT, HD, and LOW all gapped up on earnings and made new highs only to reverse to the down.
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SPY still up for the week/barely took out yesterdays lows.
I thought we would have a good correction in may. May see one by SEPT. I like getting paid weekly anyway...……………………………………………………………………………………...In an uptrend stocks make a top every day/every week/every month
You do know that downturn had zero to do with technicals, and everything to do with the Fed minutes, yes?
What matters is that the market is looking very toppy and it reversed to the down after making a new intraday high. Doesnt matter what caused it, it happened.