Comments on: /NQ & QQQ Approaching Support 4-24-23

By: toddabauer

toddabauer — Tue, 25 Apr 2023 13:57:48 +0000

@RSOTC Chart request ASX thanks

By: toddabauer

toddabauer — Tue, 25 Apr 2023 13:48:50 +0000

@RSOTC Hey Randy can I get a update on MKTX? it has only been briefly mentioned a couple times.

By: trade0039

trade0039 — Tue, 25 Apr 2023 13:19:00 +0000

Randy could this be concerning? I am seeing bullish divergence on SPY and QQQ in both futures and index in 1 hour TF.

Market needs to drop rapidly in order to burn these divergences.

By: Manuj

Manuj — Tue, 25 Apr 2023 07:05:34 +0000

In reply to Jeff Vandenburgh. Higher inflation data very much likely sooner than later. Until then, DXY will keep in lower pressure.

By: thebeagle55

thebeagle55 — Tue, 25 Apr 2023 02:27:43 +0000

copper is at long term support.. lets see if it holds.??

By: MichelMayer

MichelMayer — Mon, 24 Apr 2023 22:33:23 +0000

ppo and rsi doesnt favor a bearish sign

By: trade0039

trade0039 — Mon, 24 Apr 2023 19:52:01 +0000

In reply to Jeff Vandenburgh. I agree with your thesis strongly! DXY need to grind higher for market to grind lower

By: Mikeflegel

Mikeflegel — Mon, 24 Apr 2023 17:20:05 +0000

In reply to Jeff Vandenburgh. Good head work. I'm confident Randy will be Right on another downer. It does seem like it's taking forever. Just when you lose interest the cell signal Comes along.

By: Jeff Vandenburgh

Jeff Vandenburgh — Mon, 24 Apr 2023 17:16:24 +0000

This welcome weakness in equities is not being supported by High Yield Bonds or the USD. If USD keeps tredging lower and HYG keeps grinding higher, then equities will likely remain well supported here. Gold and equity bears gotta hope DXY remains supported at that 100 level, where it looks headed in the next day or two.