https://rightsideofthechart.com/stocks-bonds-forex-precious-metals-analysis-1-17-24/ Stock Trading, Investing & Market Analysis Thu, 18 Jan 2024 13:13:31 +0000 hourly 1 https://wordpress.org/?v=6.9.4 https://rightsideofthechart.com/stocks-bonds-forex-precious-metals-analysis-1-17-24/#comment-30290 Thu, 18 Jan 2024 13:13:31 +0000 https://rightsideofthechart.com/?p=213189#comment-30290 QQQ at $411.00 premarket. Every time the market goes down it gets bought.

]]> https://rightsideofthechart.com/stocks-bonds-forex-precious-metals-analysis-1-17-24/#comment-30289 Wed, 17 Jan 2024 21:53:26 +0000 https://rightsideofthechart.com/?p=213189#comment-30289 Randy quite the ramp on QQQ into the close today, any thoughts about that leading into tomorrow?

]]> https://rightsideofthechart.com/stocks-bonds-forex-precious-metals-analysis-1-17-24/#comment-30288 Wed, 17 Jan 2024 21:25:58 +0000 https://rightsideofthechart.com/?p=213189#comment-30288 Is the bearish trade still valid after the late day snap-back rally? IWM in particular looks to have found support at its 50dayMA and then was able to close back above its yearly pivot at 189.30. Also the DXY hit resistance today at its 200dayMA, while EUR/USD closed just above it’s 200dayMA, offering further support for risk assets if those MAs hold. TLT also looks to have found support at its 50dayMA. I wonder if we all won’t be disappointed that we didn’t buy the dip today, or at least cover shorts.

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