Comments on: Stock Market Technical Analysis 9-11-20

By: Taniaye0086

Taniaye0086 — Sat, 12 Sep 2020 00:27:55 +0000

In reply to dbaldor. i have UVXY too, and i also find this is a little slow with market reaction.

By: SN

SN — Fri, 11 Sep 2020 20:53:31 +0000

Hi Randy, would it be possible to get an update on UNG. Do you identify it as a potential trading opp? Thanks.

By: dbaldor

dbaldor — Fri, 11 Sep 2020 19:52:21 +0000

In reply to Action_Jackson. This does not seem like a strong enough down turn and VXX seems to be indicating that. I hope I'm wrong as I have some UVXY right now.

By: Action_Jackson

Action_Jackson — Fri, 11 Sep 2020 19:08:01 +0000

In reply to dbaldor. The strange divergence in vxx is something to worry about? I guess the option buyers are seeing this as a buying opportunity to get some cheap calls. This seems like a bad idea.

By: dbaldor

dbaldor — Fri, 11 Sep 2020 18:01:04 +0000

In reply to becky. Everything looks down except VXX. I'm thinking of going to cash or long if VXX doesn't change directions soon.

By: becky

becky — Fri, 11 Sep 2020 17:57:21 +0000

In reply to nitins1921. RTY is already dumping. Not sure how long will Qs and SPY hold support

By: nitins1921

nitins1921 — Fri, 11 Sep 2020 17:55:45 +0000

SPY is testing support and QQQ is backtesting resistance. Where to next?

By: Action_Jackson

Action_Jackson — Fri, 11 Sep 2020 17:50:25 +0000

In reply to shawnp. me too

By: dbaldor

dbaldor — Fri, 11 Sep 2020 17:29:56 +0000

VXX is under performing. I wonder if this down turn can really continue if VXX doesn’t catch up soon.

By: shawnp

shawnp — Fri, 11 Sep 2020 17:11:22 +0000

Excellent report. Bought FNGD (3X FANG short) will hold per your comments…working very nice so far