Normally this would be a bearish candle setup, MACD divergence two bearish candles. But every time we get a bearish setup nothing happens. I know in rising markets we look for bullish setups. But one can't help but look at this as bearish. And most likely the overnight gang will stuff this setup.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Watch the index futures after the cash close....Everyone piles in on the long side. So you know the drill folks, position for the free money overnight rally. Odds are in your favor if you go long....good luck!
Actually, last Thursday had a positive Open, but prior to that we had 14 consecutive negative Opens on Thursday. Some of them even have had some size. Meaning that if we followed your advice here by buying the cash close on Wednesday and selling the Open on Thursday would have yielded quite a loss.
For the last 5 years, Thursday actually have an average Open of -0,75 points with only 48 % being positive.
So...what were you saying again?
Try looking at all the data, not just Thursday. Please report back on your findings.
Never a down day in the land of perfect, where everyone is a stock market millionaire.
Trump stacking the deck.
So much for that NQ sell off, recovered nicely. You just can't panic, odds are in your favor if you sit tight.
Ok party people, you know the drill, buy the cash close for the free money rally overnight.
So far, most of Trump's appointees are, well, kind of disappointing...
Hes filling spots with people he can brow beat.