Comments on: Market Wrap for Aug 15, 2016 https://rightsideofthechart.com/market-wrap-for-aug-15-2016/ Stock Trading, Investing & Market Analysis Mon, 22 Jan 2018 01:18:40 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/market-wrap-for-aug-15-2016/#comment-2344 Tue, 16 Aug 2016 13:58:41 +0000 http://rightsideofthechart.com/?p=172508#comment-2344 In reply to Eric K.

Eric- By nearly all accounts, it appears so (an objective short entry on FB). The “nearly” part is the fact the broad markets are still in one of the most resilient uptrends in quite a while so until the broad market (via SPY & QQQ) trigger those sell signals that I’m looking for (which still looks to be imminent) then just keep in mind that a FB short would be a counter-trend trade & the recent breakdown runs an elevated risk of proving to be a whipsaw sell signal if the broad markets don’t follow suit very soon.

]]> By: Eric K https://rightsideofthechart.com/market-wrap-for-aug-15-2016/#comment-2343 Tue, 16 Aug 2016 00:24:03 +0000 http://rightsideofthechart.com/?p=172508#comment-2343 So are you considering this an objective entry for FB? If so it’s got good R/R to the 109 level.

]]> By: riverbirch https://rightsideofthechart.com/market-wrap-for-aug-15-2016/#comment-2342 Mon, 15 Aug 2016 23:22:57 +0000 http://rightsideofthechart.com/?p=172508#comment-2342 AAPL has completed a 9-13-9 DeMark configuration just recently so I read.

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