Comments on: Stock Market, Mag-7, Treasuries, & EUR/USD Analysis 8-29-23

By: Jeff Vandenburgh

Jeff Vandenburgh — Wed, 30 Aug 2023 00:16:29 +0000

In reply to Scott. Warning: Randy flipped back to shoe in his mid-day video, but he does see the potential for euro strength with will likely equate to equity strength in equities.

By: KevinK

KevinK — Tue, 29 Aug 2023 20:23:24 +0000

In reply to B-Right. Smart move to go long. Any pullback will be bought up. Bears MIA since October.

By: Scott

Scott — Tue, 29 Aug 2023 18:20:41 +0000

In reply to seasix.

https://rightsideofthechart.com/wp-content/uploads/bpfb/2910_0-61187000-1693333197_118-888.png

By: seasix

seasix — Tue, 29 Aug 2023 17:12:56 +0000

In reply to Scott. randy going long here confirms time to start taking on shorts. how someone can be sooooo wrong all year is incredible.

By: B-Right

B-Right — Tue, 29 Aug 2023 17:04:15 +0000

I am going long here…with a stop as suggested by Randy.

By: Scott

Scott — Tue, 29 Aug 2023 16:49:31 +0000

In reply to Scott.

SPX backtest. This looks really, really good.

https://rightsideofthechart.com/wp-content/uploads/bpfb/2910_0-68734300-1693327742_1148-5555.png

By: Scott

Scott — Tue, 29 Aug 2023 16:44:35 +0000

In reply to Scott.

Stop raids just above the 50 SMAs too.

https://rightsideofthechart.com/wp-content/uploads/bpfb/2910_0-61048400-1693327457_144-45555.png

By: Scott

Scott — Tue, 29 Aug 2023 16:41:57 +0000

Probably the best shorting setup in the past 12 months right here. As long as that pending / unconfirmed hidden divergence sticks at the right shoulder level.

https://rightsideofthechart.com/wp-content/uploads/bpfb/2910_0-58923600-1693327246_114-4444.png