Comments on: QQQ & SPY Gap Backfills https://rightsideofthechart.com/qqq-spy-gap-backfills/ Stock Trading, Investing & Market Analysis Sun, 22 May 2022 19:30:33 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: HermonMunster https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23915 Sun, 22 May 2022 19:30:33 +0000 https://rightsideofthechart.com/?p=208041#comment-23915 In reply to artc.

I wonder if Randy has an apprentice or guest host who can step in while he’s out. I understand that the man needs a vacation from time to time, but some coverage while he’s out would be appreciated.

However, Randy is very clear in his overall thoughts and messaging. “Wash, rinse, repeat.” The divergent lows forming in many stocks gave me confidence to buy on Friday.

Maybe I’m wrong, but I think to a certain extent, we should eventually graduate from rsotc or at least be able to make it a week without Randy’s guidance. ( new trade ideas and macro topics excluded)

]]> By: artc https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23914 Sun, 22 May 2022 10:46:17 +0000 https://rightsideofthechart.com/?p=208041#comment-23914 In reply to stockninja.

Agree , this is a paid service and during a tumultuous week an update was needed.

]]> By: stockninja https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23913 Sat, 21 May 2022 03:04:59 +0000 https://rightsideofthechart.com/?p=208041#comment-23913 Being from Hawaii, I know there’s WIFI there. Would’ve been nice to just get a quick 5 minute update. Going home long this weekend anyway.

]]> By: HermonMunster https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23912 Fri, 20 May 2022 23:35:58 +0000 https://rightsideofthechart.com/?p=208041#comment-23912 In reply to HermonMunster.

Please excuse the spelling/grammar errors.

]]> By: HermonMunster https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23911 Fri, 20 May 2022 21:25:50 +0000 https://rightsideofthechart.com/?p=208041#comment-23911 Hello Everyone,
I hope you were able to put your hand on your heart and take the plunge today. May divergent lows were present in today’s trading. Yes, the PPO isn’t heading up yet, but it is fairly rate to have price going down, RSI and PPO trending up.

Here are a few charts. My method is to take screen shots of all stock on my radar and make comments on them. I new that a decent down day would trigger the divergent lows. I bought TQQQ and the market closed with me up 5.5%. I’m expecting more gains on Monday.

https://i.imgur.com/vW2j5U3.jpg

https://i.imgur.com/sXTumsV.jpg

https://i.imgur.com/M7bSJs3.jpg

]]> By: mljohnson58 https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23910 Thu, 19 May 2022 13:10:29 +0000 https://rightsideofthechart.com/?p=208041#comment-23910 Wow, that’s one crazy call. They could not fill the gap at 302 now they are going back up to 311? Not sure where that juice is coming from..

]]> By: HermonMunster https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23909 Thu, 19 May 2022 00:27:36 +0000 https://rightsideofthechart.com/?p=208041#comment-23909 In reply to Blueberry.

yep, I held off on going long

]]> By: Marl1979 https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23908 Thu, 19 May 2022 00:25:24 +0000 https://rightsideofthechart.com/?p=208041#comment-23908 Randy, this appears to be a back test of the original down trendline from January. What do you think?
https://imgur.com/a/pF2K2FR

]]> By: JimG https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23907 Wed, 18 May 2022 23:46:07 +0000 https://rightsideofthechart.com/?p=208041#comment-23907 In reply to pbwilli37.

Could be… Making a run at the lows. lots of room for volatility to still break out.. if this doesn’t break the lows and keep going now the rally away from the lows will likely be powerful as they will crush vol out of the market.

]]> By: pbwilli37 https://rightsideofthechart.com/qqq-spy-gap-backfills/#comment-23906 Wed, 18 May 2022 22:44:14 +0000 https://rightsideofthechart.com/?p=208041#comment-23906 I think this just might be the wave that causes the waterfall selling, I’m short and plan to stay that way as the aftermarket is lower. Maybe Randy will send a reply to our post on his thoughts.

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