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	Comments on: Stock Market, Gold, Silver, Crude, &#038; Bitcoin Analysis 6-24-20	</title>
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	<link>https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/</link>
	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: jwconk		</title>
		<link>https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/#comment-19005</link>

		<dc:creator><![CDATA[jwconk]]></dc:creator>
		<pubDate>Thu, 25 Jun 2020 19:09:14 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201892#comment-19005</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/#comment-18995&quot;&gt;rsotc&lt;/a&gt;.

Thank you for your reply Randy.  I am short QQQ and calculating where to place my Sell Orders to book profits.  From the morning post, whether I read this right or wrong, the sentiment struck me as much more bearish than your evening post.  I did not Sell yesterday as I held out for your 240.56 TL.  When I watched the evening video which I interpreted as having less bearish conviction, I thought that in hindsight I should have sold on the lower channel bound from 4/21.  So I do factor in your TLs in my trades, and I also factor in your conviction.  In fact, I committed on your &quot;drop of at least 7.5% (to 229.85)&quot; because I was surprised by the strength of the message...]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/#comment-18995">rsotc</a>.</p>
<p>Thank you for your reply Randy.  I am short QQQ and calculating where to place my Sell Orders to book profits.  From the morning post, whether I read this right or wrong, the sentiment struck me as much more bearish than your evening post.  I did not Sell yesterday as I held out for your 240.56 TL.  When I watched the evening video which I interpreted as having less bearish conviction, I thought that in hindsight I should have sold on the lower channel bound from 4/21.  So I do factor in your TLs in my trades, and I also factor in your conviction.  In fact, I committed on your &#8220;drop of at least 7.5% (to 229.85)&#8221; because I was surprised by the strength of the message&#8230;</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/#comment-18995</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 25 Jun 2020 15:12:09 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201892#comment-18995</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/#comment-18987&quot;&gt;jwconk&lt;/a&gt;.

I do my best to be very literal when describing the probabilities of various scenarios. Likely means just that, likely or what I would define as better than coin-toss (50/50) odds. As I outline in the video as well as other updates, the likelihood or probability of that 7.5% minimum drop will increase substantially if &amp; when QQQ, XLK, and the majority of the 5 &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An acronym for the 5 largest components of the Nasdaq 100 index: FB, APPL, AMZN, MSFT &#038; GOOG(L)which collectively account for nearly 1/2 of the returns of that leading index.&#039;&gt;FAAMG&lt;/abbr&gt; stocks break the support levels that I highlighted yesterday.
 If I could give you an &quot;XYZ or QQQ will definitely do this or that....&quot; type statement, I would. Anyone that tells you with certainty that the market or stock will or must do this or that does not know what he or she is doing. The best we can do with technical and even fundamental analysis, for that matter, is identify likely scenarios &amp; price targets &amp; then assign probabilities to those. As the charts are dynamic (constantly changing) so are my scenarios and/or the probability for any existing scenario.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/#comment-18987">jwconk</a>.</p>
<p>I do my best to be very literal when describing the probabilities of various scenarios. Likely means just that, likely or what I would define as better than coin-toss (50/50) odds. As I outline in the video as well as other updates, the likelihood or probability of that 7.5% minimum drop will increase substantially if &#038; when QQQ, XLK, and the majority of the 5 <abbr class='c2c-text-hover' title='An acronym for the 5 largest components of the Nasdaq 100 index: FB, APPL, AMZN, MSFT &amp; GOOG(L)which collectively account for nearly 1/2 of the returns of that leading index.'>FAAMG</abbr> stocks break the support levels that I highlighted yesterday.<br />
 If I could give you an &#8220;XYZ or QQQ will definitely do this or that&#8230;.&#8221; type statement, I would. Anyone that tells you with certainty that the market or stock will or must do this or that does not know what he or she is doing. The best we can do with technical and even fundamental analysis, for that matter, is identify likely scenarios &#038; price targets &#038; then assign probabilities to those. As the charts are dynamic (constantly changing) so are my scenarios and/or the probability for any existing scenario.</p>
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		<title>
		By: wilhud		</title>
		<link>https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/#comment-18989</link>

		<dc:creator><![CDATA[wilhud]]></dc:creator>
		<pubDate>Thu, 25 Jun 2020 06:39:49 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201892#comment-18989</guid>

					<description><![CDATA[NDX is looking precarious here, that negative RSI divergence .]]></description>
			<content:encoded><![CDATA[<p>NDX is looking precarious here, that negative RSI divergence .</p>
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		<title>
		By: jwconk		</title>
		<link>https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/#comment-18987</link>

		<dc:creator><![CDATA[jwconk]]></dc:creator>
		<pubDate>Wed, 24 Jun 2020 23:56:56 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=201892#comment-18987</guid>

					<description><![CDATA[Comments on this video are a little less bearish than &quot;QQQ has triggered a sell signal... with a drop of at least 7.5% (to 229.85) &#038; possible 12% (223ish) or more likely in the coming days to weeks...&quot;  I guess the quantifier is how many weeks...]]></description>
			<content:encoded><![CDATA[<p>Comments on this video are a little less bearish than &#8220;QQQ has triggered a sell signal&#8230; with a drop of at least 7.5% (to 229.85) &amp; possible 12% (223ish) or more likely in the coming days to weeks&#8230;&#8221;  I guess the quantifier is how many weeks&#8230;</p>
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		<title>
		By: Foreverlearning		</title>
		<link>https://rightsideofthechart.com/stock-market-gold-silver-crude-bitcoin-analysis-6-24-20/#comment-18986</link>

		<dc:creator><![CDATA[Foreverlearning]]></dc:creator>
		<pubDate>Wed, 24 Jun 2020 22:22:54 +0000</pubDate>
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					<description><![CDATA[Thanks for hitting SLV and GBTC!
I exited them today, it wasn&#039;t feeling right to stay in]]></description>
			<content:encoded><![CDATA[<p>Thanks for hitting SLV and GBTC!<br />
I exited them today, it wasn&#8217;t feeling right to stay in</p>
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