StockFetcher Forums · General Discussion · Could see markets make a correction this week.<< 1 2 3 >>Post Follow-up
Mactheriverrat
3,135 posts
msg #137138
Ignore Mactheriverrat
modified
7/29/2017 2:28:26 PM

UVXY
TVIX



Long over due IMHO!
A lot of charts getting that Guppy bubble look. Over extended. ( Like AMZN before earnings )

Pulls back are good sometimes in reseting stocks.
Just saying!

pthomas215
1,251 posts
msg #137140
Ignore pthomas215
7/29/2017 3:19:09 PM

Long overdue, but man, take a look at the SPX 48 hour chart. Looks like an amazingly bullish set up for Monday anyways. Long Calls on the VIX are growing daily though. SPX hitting support at 2420, which is when I will put 10K or so in XIV and hold for a very, very long time.

Mactheriverrat
3,135 posts
msg #137143
Ignore Mactheriverrat
modified
7/29/2017 8:35:00 PM

I would be cautious my friend as the daily spx could be the edge of a Guppy bubble.


IMHO!



pthomas215
1,251 posts
msg #137144
Ignore pthomas215
7/29/2017 8:51:43 PM

oh you know how these markets go. it's just stupid, making swing trading harder. each session is entirely different. a nice set up is not so nice the next session.

Mactheriverrat
3,135 posts
msg #137146
Ignore Mactheriverrat
modified
7/29/2017 9:12:57 PM

Something to keep in mind this week

UVXY
TVIX
NUGT
JNUG

You know the saying as when everyone is saying BUY, BUY , BUY is when everything goes south.

@ pthomas -You still at cox.net?

pthomas215
1,251 posts
msg #137148
Ignore pthomas215
7/29/2017 9:50:49 PM

ha ha indeed. UUP/DUST are very, very low right now. Yes, cox address.

Mactheriverrat
3,135 posts
msg #137149
Ignore Mactheriverrat
7/29/2017 9:58:27 PM

I sent you a mail!
Check it out!

Mactheriverrat
3,135 posts
msg #137177
Ignore Mactheriverrat
modified
7/30/2017 6:36:41 PM

JNUG
Exponential bollinger band width 21,2 at 2nd lowest width in the last 2 years on daily and weekly - looks like squeeze in the making.

Interesting couple of weeks coming up!
Dollar falling and NO BOTTOM YET .
Gold rising.
Markets teetering on a correction from a long Bull market.
North Korea heating up.
Apple reports earnings (FANG Stock) If they miss , well thats enough to pull markets down.
Long term Guppy Exponential moving averages turning upwards (ema(30) to ema(60) on JNUG and anything GOLD

Mactheriverrat
3,135 posts
msg #137214
Ignore Mactheriverrat
7/31/2017 1:58:15 PM

Yes CNBC pumping new high this and new that-
Pumping the BUBBLE.

Mactheriverrat
3,135 posts
msg #137227
Ignore Mactheriverrat
7/31/2017 11:32:52 PM

Correction near!
CNBC pumps this to no end.
CNBC will be the first ones to say they were calling it all all along.

Fox Business News just says what they see.

StockFetcher Forums · General Discussion · Could see markets make a correction this week.<< 1 2 3 >>Post Follow-up

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