The following video provides mid-session analysis of the US stock market followed by updates on various commodities as well as a brief update on the US Dollar, gold & silver at the end of the video. Silver or Gold level access initially required.
+4
is the video there or is it just me. (i am on a plane)
best video… you be missing it…
@rsotc look at some of the pot stocks? I feel they are poised for a trend reversal or … to death.
Am I missing something…
why is no one talking about the head and shoulder on QQQ?
aren’t those like bottoming patterns after a prolonged down trend?
It’s both.
I did
no replies?
Oh man, called it out 16 days ago. If this plays out you have the rights to brag about an epic call for sure.
DJIA… I keep seeing head and shoulders everywhere
DJIA
DJIA.
how long can QQQ do a backtest?
Couple of longer term charts. NQ is just holding the breakout of 2009 trend on the weekly.
ES rejected at the top of the megaphone. Longer term timeframes good for filtering out the noise.
Bonus Dow chart reflects weakness in banks / energy.
I’ll throw in a bonus XLF chart too
Story in Evergrande unfolding, massive Chinese real estate bonds plunging after S&P downgraded debt.. look out for contagion and fear setting in.
https://www.reuters.com/article/china-evergrande-idINL3N2GL2H9
Early hours ES/NQ aren’t too hot either. Looks like a retail crowd bounce yesterday with the next leg down to come.
Get better Randy. F ‘rona man.
@rsotc it looks like coffee bounces off the long term down TL. The price action is being squeezed into a narrowing triangle. What’s your long term view on coffee, could you please share some charts?