StockFetcher Forums · General Discussion · Dark Clouds on the Horizon?<< 1 2 >>Post Follow-up
graftonian
1,076 posts
msg #154877
Ignore graftonian
12/10/2020 11:09:46 AM

@cheese
I didn't finish my last post, but by 0900 all had fallen off the radar. SH has returned, however need confirmation from PSAR, vortex, and volume.

Cheese
1,049 posts
msg #154882
Ignore Cheese
12/10/2020 12:42:37 PM

Mac's Guppys on stockcharts clearly suggests that the Bull case has slightly weakened
but is far from surrendering to the Bear case.


Mactheriverrat
2,598 posts
msg #154883
Ignore Mactheriverrat
modified
12/10/2020 1:22:38 PM

@Chesse Roger that!!!

Even the Charting wealth theory is showing the same that yes some weakness on 2 day but weekly is still strong on the SPY.

My bet markets taking a breather down to the 10 day EMA then on to new highs. Doesn't seem to be any big above average volume sell off .

I use SF for scans and TC2000 ( Gold version $9.99 a month, I might upgrade sometime to get their scanning option but for now it works for me) for charting. People out there get the same price and volume action. Everybody who looks at charts everywhere see's the same action.

Cheese
1,049 posts
msg #154885
Ignore Cheese
12/10/2020 1:41:35 PM

Thanks, Mac.
So far, I follow your Guppys on stockcharts. Youc Guppys are easier on the eyes.
The top few mMAs of Traders have bent down
The remaining Traders mMAs are currently flat
The Investors mMAs are still pointing up

Mactheriverrat
2,598 posts
msg #154886
Ignore Mactheriverrat
12/10/2020 1:41:58 PM

Now that's not saying that this weakness could turn into another 2018/2019 Christmas selloff. One needs to be cautious be long just as Graf's thread suggests.

Cheese
1,049 posts
msg #154888
Ignore Cheese
12/10/2020 2:26:44 PM

YES, thanks for the 2018/2019 Christmas Season reminder, graf and Mac.

graftonian
1,076 posts
msg #154896
Ignore graftonian
12/11/2020 10:28:32 AM

The clouds are getting darker, 4 of 7 hits this morning are inverse ETFs. 3 of those are inverse NASDAQ.

StockFetcher Forums · General Discussion · Dark Clouds on the Horizon?<< 1 2 >>Post Follow-up

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