Comments on: Stock Market, Sector, & FAAMG Analysis 5-26-20

By: wilhud

wilhud — Wed, 27 May 2020 14:32:25 +0000

In reply to wilhud. Apologies I see you marked them up already. Thanks

By: wilhud

wilhud — Wed, 27 May 2020 14:04:00 +0000

Hi @rsotc, I've been scaling into NVDA shorts. Seems like the island top you mentioned is in play here & negative divergence on the RSI. Could you maybe post as an unofficial trade with some targets? Looks like around $240 and $225 but I'd appreciate any intermediate levels to maybe scale out at too. Thanks Randy

By: Sterne

Sterne — Tue, 26 May 2020 22:14:52 +0000

Trump says we’ll hear about US actions on China by end of week regarding Hong Kong, which timing wise would play well into the potential pullback that Randy is discussing.

By: Taniaye0086

Taniaye0086 — Tue, 26 May 2020 21:52:22 +0000

In reply to FooHawk. maybe the market like to keep the level for the month of May.

By: Tom123

Tom123 — Tue, 26 May 2020 21:48:05 +0000

Thank You for the update can you please post charts of the CL, NG, GC, SI, and PL?

By: FooHawk

FooHawk — Tue, 26 May 2020 20:37:46 +0000

In reply to surfah00. Yeap, tomorrow should be interesting. I almost closed by SPY short, but it was just hanging around after the gap up so I let it run. Hopefully that pays of with a gap down.

By: Ken

Ken — Tue, 26 May 2020 20:30:53 +0000

In reply to surfah00.

https://cdn.discordapp.com/attachments/506230970307969045/714933282667495532/chartd5.png

By: surfah00

surfah00 — Tue, 26 May 2020 20:16:19 +0000

They closed SPY back under the 200 SMA…