Comments on: Swing Trade Updates & Market Analysis 4-21-20 https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 18:59:30 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: PWL https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16515 Wed, 22 Apr 2020 16:15:58 +0000 https://rightsideofthechart.com/?p=199508#comment-16515 In reply to SurfOption.

Thanks! I’m staying away from options, but are you trading futures on thinkorswim?

]]> By: Drew https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16514 Wed, 22 Apr 2020 16:08:20 +0000 https://rightsideofthechart.com/?p=199508#comment-16514 @rsotc Randy, /GC had 60-min head-and-shoulder which is a topping pattern. How much do you weight on that for the short term direction gold price?

]]> By: weatherman https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16490 Wed, 22 Apr 2020 12:12:45 +0000 https://rightsideofthechart.com/?p=199508#comment-16490 In reply to PWL.

a gap in and of itself doesn’t have to be impulsive, and visa versa, an impulsive move doesn’t have to be a gap

]]> By: becky https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16489 Wed, 22 Apr 2020 11:54:22 +0000 https://rightsideofthechart.com/?p=199508#comment-16489 Texas Instruments gave a wide revenue guidance yesterday.

https://www.barrons.com/articles/texas-instruments-stock-gains-as-earnings-top-expectations-51587502451

]]> By: optifizz https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16488 Wed, 22 Apr 2020 07:43:55 +0000 https://rightsideofthechart.com/?p=199508#comment-16488 Hi Randy, thanks as always for your analyses as usual. I was thinking a fair bit about how you’ve noted that one of the signs of a bear market rally finally reaching its end is when the sellers have become to capitulate and the buyers become overconfident. It seems like the RSI would be an appropriate gauge of that sentiment on a longer time frame (e.g. overbought on something like daily), which could be confirmed by negative divergences that you spot on the hourly. Do you have thoughts on that and how it looked on previous bear market rallies?

]]> By: SurfOption https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16482 Wed, 22 Apr 2020 03:21:27 +0000 https://rightsideofthechart.com/?p=199508#comment-16482 In reply to PWL.

Settings / Equities / Axis panel below / unck Show Ext’d hrs. Can do the same (toggle on/off) for futures.

]]> By: PWL https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16481 Wed, 22 Apr 2020 02:01:01 +0000 https://rightsideofthechart.com/?p=199508#comment-16481 Randy uses the example of a gap up/or down to define “impulsive” move. I have trouble seeing these gaps on my charts because they include after-hours activity. Anybody know how to switch that off/on in thinkorswim?

]]> By: flyby https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16479 Wed, 22 Apr 2020 01:10:08 +0000 https://rightsideofthechart.com/?p=199508#comment-16479 I don’t know much about AG commodities but I suspect fuel and fertilizer (the manufacture and transport) are a huge input cost and these have fallen off a cliff so unless there is a sector rotation afoot I’m thinking these AG commodities could be low for a long time and go lower until oil goes much higher. Any thoughts?

]]> By: axk737 https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16478 Tue, 21 Apr 2020 23:34:19 +0000 https://rightsideofthechart.com/?p=199508#comment-16478 Randy, do you have an opinion on SNAP. Would the rally fades if the rest of the market pulls down? @rsotc

]]> By: rsotc https://rightsideofthechart.com/swing-trade-updates-market-analysis-4-21-20/#comment-16476 Tue, 21 Apr 2020 22:35:46 +0000 https://rightsideofthechart.com/?p=199508#comment-16476 In reply to Stargazer.

Thanks for the heads up. I just replaced it with the correct video.

]]>