Well said Red, I took profits Friday of last week but should have held due to my researched showed that this week would be strong. This data comparred to your analysis and a few other folks pointed to WED/Thurs being strong. Im sure selling will start Thurs and go into Fri due to folks not wanting to hold over the weekend??
Wednesday Housing Starts/CPI 8:30 ET Crude Inventories 10:30 ET
Thursday Jobless Claims 8:30 ET Leading Indicators/Philadelphia Fed 10:00 ET
Hello Red, I like to learn what you mentioned in the 3rd paragraph: the rule is still pretty accurate… over 200 million equals a down day, and under 200 means an up day. Would you please explain more details about what you mentioned the rules of volume. Thanks, Lucky Fish
Hello Red, I like to learn what you mentioned in the 3rd paragraph: the rule is still pretty accurate… over 200 million equals a down day, and under 200 means an up day. Would you please explain more details about what you mentioned the rules of volume. Thanks, Lucky Fish
Very well explained article, Thanks Red!
Thanks for the info JoeMarc,
I wish I could say that some or any of that new matters, but the market will probably ignore it and rally on up as I've posted in tonight's post.
Red
Hey Lucky,
I hope I'd answered your question in tonight's post. Thanks for asking, and sorry for not getting back quicker.
Red
Thanks for the info JoeMarc,
I wish I could say that some or any of that new matters, but the market will probably ignore it and rally on up as I've posted in tonight's post.
Red
Hey Lucky,
I hope I'd answered your question in tonight's post. Thanks for asking, and sorry for not getting back quicker.
Red
Well said Red, I took profits Friday of last week but should have held due to my researched showed that this week would be strong. This data comparred to your analysis and a few other folks pointed to WED/Thurs being strong. Im sure selling will start Thurs and go into Fri due to folks not wanting to hold over the weekend??
Wednesday
Housing Starts/CPI 8:30 ET
Crude Inventories 10:30 ET
Thursday
Jobless Claims 8:30 ET
Leading Indicators/Philadelphia Fed 10:00 ET
Hello Red,
I like to learn what you mentioned in the 3rd paragraph: the rule is still pretty accurate… over 200 million equals a down day, and under 200 means an up day.
Would you please explain more details about what you mentioned the rules of volume.
Thanks,
Lucky Fish
Hello Red,
I like to learn what you mentioned in the 3rd paragraph: the rule is still pretty accurate… over 200 million equals a down day, and under 200 means an up day.
Would you please explain more details about what you mentioned the rules of volume.
Thanks,
Lucky Fish
It looks like we are going to gap open on Monday. The futures are up 7 at 10pm tonight. That 1108 area is just a hair away…
It looks like we are going to gap open on Monday. The futures are up 7 at 10pm tonight. That 1108 area is just a hair away…