Comments on: Early Session Stock Market Analysis 5-28-19

By: rsotc

rsotc — Wed, 29 May 2019 13:30:32 +0000

In reply to Phil9. INTC still looks fine, especially as long as it holds above 43.00.

By: Phil9

Phil9 — Tue, 28 May 2019 15:53:29 +0000

Thoughts on Intel?

By: wilhud

wilhud — Tue, 28 May 2019 15:27:27 +0000

Looks like Transports need to be saved here.. they’ve been the canary so far.
Semi’s also still weak.
Crude looks like it’s bear flagging again.

Mindless dip buyers could get a dose of reality if those recent lows get taken out.

I would like to see your waterfall scenario play out Randy. It’s been a bit too orderly so far for my liking.

By: rsotc

rsotc — Tue, 28 May 2019 15:14:09 +0000

In reply to wannabe-swing-king.

LOL. Nope, sticking to my bounce scenario & longs, at least for now with room to add if we reverse & rally from here to take out this morning’s highs. If so, that will show an early pattern of the market gapping higher & then met with aggressive selling (trapped/weak-handed longs and/or Johnny-Come-Lately shorts) which is then countered with more buying as seen on these 2-min index charts below (dashed vertical lines show the two previous day breaks/market openings):

https://www.screencast.com/t/fC78NBQwu4

By: wannabe-swing-king

wannabe-swing-king — Tue, 28 May 2019 14:56:13 +0000

In reply to surerefund. ya probably setting up a squeeze

By: surerefund

surerefund — Tue, 28 May 2019 14:39:51 +0000

In reply to wannabe-swing-king. The day is young.

By: wannabe-swing-king

wannabe-swing-king — Tue, 28 May 2019 14:38:13 +0000

wanna redo the vid? lol jk