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	Comments on: Trade Ideas &#038; Market Analysis 9-21-23	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/trade-ideas-market-analysis-9-21-23/#comment-29333</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Fri, 22 Sep 2023 13:28:15 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/trade-ideas-market-analysis-9-21-23/#comment-29331&quot;&gt;Mikeflegel&lt;/a&gt;.

There have been multiple objective short entries on QQQ since the July top with the first highlighting what I identified as a &#039;blow-off top&#039; back on July 18th (also highlighting the blow-off top in MSFT, AAPL backtesting the primary &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;An uptrend occurs when a security or index is making a series of higher highs &#038; higher lows.&#039;&gt;uptrend&lt;/abbr&gt; line which it recently broke below, and subsequently, the bearish engulfing candle &#038; divergent high that SPY put in on on July 27th:

https://rightsideofthechart.com/nq-qqq-near-term-buying-climax/

Again, the case to short or add to existing (additional sell signals on the magnificent 7, semiconductor sector, etc..) was highlighted incrementally &#038; fairly steadily as the bearish technical developments in both the equity markets as well as Treasuries yields &#038; crude oil (i.e.- the re-emergence of inflation) continued to emerge.

QQQ topped on July 19th (end of that blow-off top) with SPY topping on July 27th.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/trade-ideas-market-analysis-9-21-23/#comment-29331">Mikeflegel</a>.</p>
<p>There have been multiple objective short entries on QQQ since the July top with the first highlighting what I identified as a &#8216;blow-off top&#8217; back on July 18th (also highlighting the blow-off top in MSFT, AAPL backtesting the primary <abbr class='c2c-text-hover' title='An uptrend occurs when a security or index is making a series of higher highs &amp; higher lows.'>uptrend</abbr> line which it recently broke below, and subsequently, the bearish engulfing candle &amp; divergent high that SPY put in on on July 27th:</p>
<p><a href="https://rightsideofthechart.com/nq-qqq-near-term-buying-climax/" rel="ugc">https://rightsideofthechart.com/nq-qqq-near-term-buying-climax/</a></p>
<p>Again, the case to short or add to existing (additional sell signals on the magnificent 7, semiconductor sector, etc..) was highlighted incrementally &amp; fairly steadily as the bearish technical developments in both the equity markets as well as Treasuries yields &amp; crude oil (i.e.- the re-emergence of inflation) continued to emerge.</p>
<p>QQQ topped on July 19th (end of that blow-off top) with SPY topping on July 27th.</p>
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		<title>
		By: Mikeflegel		</title>
		<link>https://rightsideofthechart.com/trade-ideas-market-analysis-9-21-23/#comment-29331</link>

		<dc:creator><![CDATA[Mikeflegel]]></dc:creator>
		<pubDate>Thu, 21 Sep 2023 23:30:31 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=212394#comment-29331</guid>

					<description><![CDATA[Where was the official Q  sell signal. What day.]]></description>
			<content:encoded><![CDATA[<p>Where was the official Q  sell signal. What day.</p>
]]></content:encoded>
		
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/trade-ideas-market-analysis-9-21-23/#comment-29328</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Thu, 21 Sep 2023 17:10:53 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=212394#comment-29328</guid>

					<description><![CDATA[Positive (bullish) divergences still very much intact on those 5-minute wedges. I added new &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;A downtrend occurs when a security or index is making a series of lower lows &#038; lower highs.&#039;&gt;downtrend&lt;/abbr&gt; lines to these updated 5m charts of /NQ &amp; /ES that would likely be the catalyst for the small rally I&#039;m looking for, if/when taken out.]]></description>
			<content:encoded><![CDATA[<p>Positive (bullish) divergences still very much intact on those 5-minute wedges. I added new <abbr class='c2c-text-hover' title='A downtrend occurs when a security or index is making a series of lower lows &amp; lower highs.'>downtrend</abbr> lines to these updated 5m charts of /NQ &#038; /ES that would likely be the catalyst for the small rally I&#8217;m looking for, if/when taken out.</p>
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		<title>
		By: jmcolli07		</title>
		<link>https://rightsideofthechart.com/trade-ideas-market-analysis-9-21-23/#comment-29325</link>

		<dc:creator><![CDATA[jmcolli07]]></dc:creator>
		<pubDate>Thu, 21 Sep 2023 15:32:57 +0000</pubDate>
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					<description><![CDATA[We are still here Randy. Just been a rough year. Thanks for the analysis.]]></description>
			<content:encoded><![CDATA[<p>We are still here Randy. Just been a rough year. Thanks for the analysis.</p>
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