Comments on: Pre-Market Analysis (charts) 11-25-20

By: Ahmar1977

Ahmar1977 — Mon, 30 Nov 2020 01:56:44 +0000

In reply to rsotc. Just looked at the VIX 1 hr chart.. seems to be over sold plus divergence. Can you please confirm thank you

By: becky

becky — Wed, 25 Nov 2020 19:59:38 +0000

$DSS is interesting. Spike on earnings announcement (oct 26) then fade. It’s been walking higher after the dust settled. Maybe it can pop that $6 resistance. Volume is low though.

By: dbaldor

dbaldor — Wed, 25 Nov 2020 18:24:37 +0000

Looks like IWM broke through the trend line but only going sideways not really down much at all. Is this still a sell signal?

By: becky

becky — Wed, 25 Nov 2020 16:37:31 +0000

In reply to rsotc. Seems like many of those small caps trades we entered may be dragged down with IWM.

By: roger_guerra89

roger_guerra89 — Wed, 25 Nov 2020 16:28:03 +0000

thanks for the iwm update randy

By: rsotc

rsotc — Wed, 25 Nov 2020 14:36:08 +0000

Arrow breaks are potential downside targets for /RTY and/or /M2K (small-cap futures) should IWM trigger a sell signal via a solid break below the 60m bearish rising wedge pattern highlighted in this morning’s post (above).