Daily Volume Is Flashing RED

[KCalhoun]

Do you remember what happened the first trading day after X-Mas in 2018? Same thing has happened today. Do you remember what happened for the next month after that? It was a bear spanking.

The only difference between then and now is Powell is on the opposite side of the pivot. Rates were already way above 0.25 and kept going up but he then reversed. Now we know rates are going up FROM 0.25 as of the week after Thanksgiving, and he may have to slow it down a bit too! I would say the bulls have a 90% weighting here.

Besides, Ken, nobody likes a perma-bear. Y'all suck, because wishing for market downturns means less money for everyone's retirement funds. Why do you wish such hatred on people's nest-egg money?

Not a perma bear, I traded long bias SVXY RIOT and others today. I'll check, brb

ALSO traded long AMC ALLK BFRI MBOT PYR today.

Will swing F PFE CGC TLRY MARA X FCX at 2day highs, not a recommendation.

I just trade to make money, I don't overthink it. I still say markets burn by Jan 31st though.

Just bot UVXY @ 13.8 aftermarket

 

[MKTrader]

Also this is the week for end of year tax loss selling. This bubble due for selling imho, though I did go long SVXY premkt today

People always bring that up but the market has a pretty strong bullish seasonal tendency in the last week of December. Granted, it's usually not a huge move, but gradual drifting up like we've seen on lower volume.

 

[KCalhoun]

Right, and slow steady grinds up like today's are strongest, vs spike up/down.

But 4days up in a row is getting extended, I expect red tu or wed

 

[maxinger]

around Christmas and New year, volume tends to be low.

BUT!!! the market is still moving.
Look at what happened on 27 Dec 2021. the day range was very healthy.


after the New year holiday,

Daily Volume Is Flashing RED
---->
Daily Volume will be Flashing GREEN

and the market will move even more.

 

[Rickshaw Man]

It is a holiday week. What else did you expect?

I can honestly say, I have no idea what to expect.

 

[Handle123]

When in doubt, always youtube

 

[murray t turtle]

Be very careful up here folks, it's a long way down. Volume keeps declining everyday.

View attachment 274240

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NO wonder, all your chart volume is red\LOL
QQQ,TQQQ Christmas to 52 weeks Christmas price + volume is is fine.
DAL price + volume is not anywhere near as uptrendy as qqq,TQQQ. But i use blue or green for up + red for sell on price + volume.
[IF i wanted to confuse myself i would use the exact same color volume for buys + sells, but i dont/LOL]UPRO is flashing plenty of red sell volume but 52 week uptrend blue or green price is fine \so ok for noW..................................................[Expect holiday volume to be weak, just dont confuse that with a prediction]

 

[Rickshaw Man]

%%
NO wonder, all your chart volume is red\LOL
QQQ,TQQQ Christmas to 52 weeks Christmas price + volume is is fine.
DAL price + volume is not anywhere near as uptrendy as qqq,TQQQ. But i use blue or green for up + red for sell on price + volume.
[IF i wanted to confuse myself i would use the exact same color volume for buys + sells, but i dont/LOL]UPRO is flashing plenty of red sell volume but 52 week uptrend blue or green price is fine \so ok for noW..................................................[Expect holiday volume to be weak, just dont confuse that with a prediction]

Everything you just typed out is confusing, Keep it simple stupid...

 

[murray t turtle]

Everything you just typed out is confusing,
Keep it simple /skillful...

%%
LOL/ no wonder so many hate charts, especially 52 week charts or 10 year charts.
ALL one color may work well for you , especially if colorblind + many men are color blind.
IF TQQQ, qld, qqq has\ends a one week topping tail /green LOL, good call+ slill but its still 30 minutes 'til close/+.........................................................................................

 

[nooby_mcnoob]

%%
LOL/ no wonder so many hate charts, especially 52 week charts or 10 year charts.
ALL one color may work well for you , especially if colorblind + many men are color blind.
IF TQQQ, qld, qqq has\ends a one week topping tail /green LOL, good call+ slill but its still 30 minutes 'til close/+.........................................................................................

There was an infamous site once called Chateau Heartiste, may still be up (edit: yes it is).

Anyway, there was a prolific commenter on that site called GBFM who spoke in a similar form as you, disguised as gibberish with hidden gems. He was often the commenter of the week. For example:

https://heartiste.org/2017/03/03/da...e-for-leftist-governments/?PageSpeed=noscript