Comments on: Stock Indexes Backtesting Resistance In Pre-Market

By: becky

becky — Fri, 22 May 2020 19:36:04 +0000

In reply to john.v.troy. Your wish comes true

By: Imadaytr8r

Imadaytr8r — Fri, 22 May 2020 17:12:16 +0000

I should have said reports …. IE Real Estate; Employment; Debt; China; Hong Kong; Fake Virus Vaccine … all catastrophic yet we are but a whisker away from all time highs in Tech! Snap shot today’s economy to where we were in February and you tell me where this all makes sense!

By: Taniaye0086

Taniaye0086 — Fri, 22 May 2020 15:44:01 +0000

In reply to t.burda01. thanks

By: t.burda01

t.burda01 — Fri, 22 May 2020 15:34:10 +0000

In reply to Taniaye0086. Try using VolumeProfile, however it does not show the buy and sell volume like his does. It just shows overall volume.

By: bransth

bransth — Fri, 22 May 2020 15:24:57 +0000

In reply to Imadaytr8r. I'd be scared to hold TVIX over the long weekend.

By: Taniaye0086

Taniaye0086 — Fri, 22 May 2020 14:57:02 +0000

hi randy

what is the equivalent setting in ThinkorSwim for volume at price?

By: john.v.troy

john.v.troy — Fri, 22 May 2020 14:51:34 +0000

In reply to becky. C'mon 430. fold like a cheap suit

By: becky

becky — Fri, 22 May 2020 14:39:08 +0000

NFLX is flagging. What a nice trade so far

By: rsotc

rsotc — Fri, 22 May 2020 14:07:46 +0000

Correction: SPY did not close back down below the 200-day EMA yesterday. I was viewing the daily chart showing today's pre-market trades earlier which had the candle below the 200-day EMA. As of 30-minutes after the open today, SPY is trading just above the 200-ema following a brief dip below shortly after the open. Still a level to watch as a solid move back down below it, especially if followed by considerably more downside from there would mean that the recent break above the 200-ema proved to be a false/failed breakout.

By: hafstjl06

hafstjl06 — Fri, 22 May 2020 13:38:05 +0000

In reply to Imadaytr8r. News might be relevant for portions of more sizable moves in the market (Vaccine news, for example). Otherwise I think it's largely irrelevant noise. I don't think it's fair to say that both "bad news and good news are seemingly pumping the market higher." The market moving higher has many contributing factors, with news being toward the bottom of the list.