Comments on: Early-Session Technical Analysis 9-21-20

By: kweinach

kweinach — Tue, 22 Sep 2020 12:31:24 +0000

Randy, What is your opinion on the market outlook for the next 12 months? Do you think we will see a short term market decline leading into another bull run, or do you think we are looking at a lead into a longer term bear market? For those sitting with cash playing long term investments, should they take advantage of the near term drops or wait for an end to a bear market.

By: Tom123

Tom123 — Mon, 21 Sep 2020 22:13:36 +0000

Thanks for the analysis can you post your charts of CL and NG?

By: jfk

jfk — Mon, 21 Sep 2020 20:55:36 +0000

Great analysis Randy. It looks like we will know in the next few days which way the market wants to go. The Spy is down 10% from its september high to todays low and the QQQ are down 15% from its September high to todays low. QQQ rallied off todays low for a green close.

By: Imadaytr8r

Imadaytr8r — Mon, 21 Sep 2020 18:17:54 +0000

In reply to Oscarc. You think this is frustrating, wait until they announce the next stimulus package. Right when you place some shorts the market will jump 10%! Been there done that!

By: becky

becky — Mon, 21 Sep 2020 17:48:42 +0000

In reply to Oscarc. Quite muted dip buying though.

By: Oscarc

Oscarc — Mon, 21 Sep 2020 17:39:50 +0000

Is it just me or this market doesn’t want us to make money shorting it? dip buyers everywhere