Comments on: Stock Market, Sector, & FAAMG Analysis 6-16-20

By: chrisneal

chrisneal — Wed, 17 Jun 2020 04:11:18 +0000

In reply to becky. I hear a different song atm : It's a long way down. It's a long was down. It's a long way down to the place where we started from

PWL — Tue, 16 Jun 2020 20:38:45 +0000

In reply to salapati2. Around 10:15am PST? That was signal to get out of my longs, right?

TJS — Tue, 16 Jun 2020 19:59:32 +0000

A whole lot of nothing today.

salapati2 — Tue, 16 Jun 2020 19:27:37 +0000

In reply to PWL. It is a candle stick pattern with a tail and close near to the open.

PWL — Tue, 16 Jun 2020 19:07:44 +0000

In reply to salapati2. What's a Dragonfly Doji candle?

becky — Tue, 16 Jun 2020 18:47:25 +0000

Every gap you make, every dip you take, FED will always be there for you.

mlannoch — Tue, 16 Jun 2020 18:34:22 +0000

SPY and QQQ both formed wedges since last weeks drop. Hold on kids, not sure where it’s going but it’s about to go there fast

Chipaka — Tue, 16 Jun 2020 17:57:25 +0000

@rsotc - before indexes corrected you were looking at DX and E7. I think I see Head/Shoulder on E7 1hr charts. Can you please give us TA on these.

salapati2 — Tue, 16 Jun 2020 17:28:03 +0000

A Dragon fly Doji candle is forming on the SPY. Does that mean a reversal trend with confirmation tomorrow? Uptrend or Downtrend?

Action_Jackson — Tue, 16 Jun 2020 17:08:56 +0000

In reply to Drew. Yes, this is why it's a bubble. If they stop then price discovery becomes a thing again.