Comments on: /NQ Continues To Defend 9898 Support https://rightsideofthechart.com/nq-continues-to-defend-9898-support/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 18:26:17 +0000 hourly 1 https://wordpress.org/?v=7.0.2 By: Kostner https://rightsideofthechart.com/nq-continues-to-defend-9898-support/#comment-9692 Tue, 11 Feb 2020 01:57:19 +0000 https://rightsideofthechart.com/?p=195745#comment-9692 Randy!. Base Metals/ Commodities Oil NG/currencies have all basically CRASHED!! Oil and Copper sitting @ Dec 2018 lows. The USD is gaining strength putting pressure on /EM, yield curve looks ready to go inverted (again) So much for the inflation trade. Bond market telling the fed to cut rates now! The market should be in risk-off mode but Fed and China keeps pumping in Liquidity (38.2 Billion today). Powell going in front of Congress this week
Big cap tech keeping it propped along with Banks. No reason for the market to continue higher from here without more pumping. Please keep your awesome eye on the pivot high. If things don’t start to turn around or get worse soon may be a good time for some SQQQ starter exposure. Thanks for all you do!!!

]]> By: pbwilli37 https://rightsideofthechart.com/nq-continues-to-defend-9898-support/#comment-9690 Mon, 10 Feb 2020 18:43:40 +0000 https://rightsideofthechart.com/?p=195745#comment-9690 Randy
Does the swing trade on VIX and TVIX change or any update with this strength in the market?

]]> By: bigelephant https://rightsideofthechart.com/nq-continues-to-defend-9898-support/#comment-9686 Mon, 10 Feb 2020 16:45:09 +0000 https://rightsideofthechart.com/?p=195745#comment-9686 In reply to rsotc.

Randy, Can you take a look at WORK? Is it breaking out? Same for UBER (bullish price on Friday). I just want to accumulate some shares for the long term. Thanks.

]]> By: rsotc https://rightsideofthechart.com/nq-continues-to-defend-9898-support/#comment-9685 Mon, 10 Feb 2020 16:40:22 +0000 https://rightsideofthechart.com/?p=195745#comment-9685 In reply to Pbathula.

Sure seems that way lately & one has to recognize the very strong bid beneath this market recently & therefore, we need to see some pretty solid evidence of a reversal before I’ll consider adding any index ETFs and even most stocks, for that matter, as official short trade ideas.
Until the trend changes, I’m viewing most short trades as quick pullback trades with relatively shallow price targets & focusing primarily on long-side trades in the best-looking sectors & individual stocks.

]]> By: Pbathula https://rightsideofthechart.com/nq-continues-to-defend-9898-support/#comment-9684 Mon, 10 Feb 2020 16:27:08 +0000 https://rightsideofthechart.com/?p=195745#comment-9684 there is only one direction… up!

]]> By: SamOmc https://rightsideofthechart.com/nq-continues-to-defend-9898-support/#comment-9683 Mon, 10 Feb 2020 16:23:53 +0000 https://rightsideofthechart.com/?p=195745#comment-9683 NQ has been trading in a range back and forth last 4 days. Is this building energy with potential to move big out of this range? if so in which direction?

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