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	Comments on: Swing Trade Ideas &#038; Market Analysis 1-2-23	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: MagStew17		</title>
		<link>https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30136</link>

		<dc:creator><![CDATA[MagStew17]]></dc:creator>
		<pubDate>Wed, 03 Jan 2024 15:09:49 +0000</pubDate>
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					<description><![CDATA[Can you give an update on the VIX/VXX? And can you briefly explain what drives the VIX up or down? thanks]]></description>
			<content:encoded><![CDATA[<p>Can you give an update on the VIX/VXX? And can you briefly explain what drives the VIX up or down? thanks</p>
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		<title>
		By: jmccallum		</title>
		<link>https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30135</link>

		<dc:creator><![CDATA[jmccallum]]></dc:creator>
		<pubDate>Wed, 03 Jan 2024 14:56:04 +0000</pubDate>
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					<description><![CDATA[I tried to convince myself to short the financials but i just don&#039;t see it.     yet]]></description>
			<content:encoded><![CDATA[<p>I tried to convince myself to short the financials but i just don&#8217;t see it.     yet</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30134</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 02 Jan 2024 20:33:15 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=213085#comment-30134</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30133&quot;&gt;rsotc&lt;/a&gt;.

So my guess (it&#039;s 3:30pm ET now), a ramp up into the close off the 400ish support as the dip buyers do their thing followed by another leg down to 392 tmrw or later this week. Positive divergence on the 5-15 minute charts right now.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30133">rsotc</a>.</p>
<p>So my guess (it&#8217;s 3:30pm ET now), a ramp up into the close off the 400ish support as the dip buyers do their thing followed by another leg down to 392 tmrw or later this week. Positive divergence on the 5-15 minute charts right now.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30133</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 02 Jan 2024 20:28:40 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30132&quot;&gt;devnat&lt;/a&gt;.

Really very little, if any, support on QQQ below 399-400 down to 392. You can see that little jog with a &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.&#039;&gt;reaction&lt;/abbr&gt; low around 399 on the QQQ 60m chart &amp; below that was one of those bot-driven auto-pilot walk-ups on QQQ but the Q&#039;s are likely slice right thru that when if 399 is taken out.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30132">devnat</a>.</p>
<p>Really very little, if any, support on QQQ below 399-400 down to 392. You can see that little jog with a <abbr class='c2c-text-hover' title='1) A bounce/pullback off support/resistance and/or a temporary consolidation around that level following a well-established trend leading up to that point. 2) A reaction low or high is a distinct point where the price of a security changed direction.'>reaction</abbr> low around 399 on the QQQ 60m chart &#038; below that was one of those bot-driven auto-pilot walk-ups on QQQ but the Q&#8217;s are likely slice right thru that when if 399 is taken out.</p>
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		<title>
		By: devnat		</title>
		<link>https://rightsideofthechart.com/swing-trade-ideas-market-analysis-1-2-23/#comment-30132</link>

		<dc:creator><![CDATA[devnat]]></dc:creator>
		<pubDate>Tue, 02 Jan 2024 19:40:33 +0000</pubDate>
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					<description><![CDATA[Great call on QQQ randy.. what are the support level between 403 and392, if any?]]></description>
			<content:encoded><![CDATA[<p>Great call on QQQ randy.. what are the support level between 403 and392, if any?</p>
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