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For you TA buffs, note: 1)RSI tops getting shorter, while the price is still rising. Negative divergence? 2)Declining daily up volume 3)MACD crossover to the downside 4)Full Stochastics crossover to the downside
1 posted on 02/15/2024 1:59:18 PM PST by Eccl 10:2
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To: Bob434; calljack; cgbg; Craftmore; DCBryan1; EEGator; Fireone; fretzer; hecticskeptic; ...

Please ping me if you want to be added to the list, but…

NOTE: I am not any sort of financial or investment professional, and I take no responsibility for any actions taken by you.


2 posted on 02/15/2024 2:00:45 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: Eccl 10:2

One of my Qs keeps dropping. It starts with an I.


3 posted on 02/15/2024 2:05:41 PM PST by ComputerGuy (Heavily-medicated for your protection)
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To: Eccl 10:2

“For you TA buffs, note:”

Trillions sitting money market accounts and short term CDs.

If interest rates decline, don’t fight the fed.

Don’t put all your apples in one basket.


4 posted on 02/15/2024 2:07:32 PM PST by TexasGator
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To: Eccl 10:2

As one who is big into technical analysis, but who has been proven to be wrong many, many times by my longer term associates.....I would say you’re probably better off hanging in for a longer period of time. Did not the nasdaq and the S&P regain 80 to 90% of the hit they took the other day? Besides what other sectors are doing well?
I got my pal into Valero at 124 and thought he should sell it at 128 and did. Now it’s 143.


5 posted on 02/15/2024 2:08:51 PM PST by Attention Surplus Disorder (The Democrat breadlines will be gluten-free. )
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To: Eccl 10:2

I concluded similar today. Cashed out of energy stocks. Will buy back, hopefully after a 10% pullback.

NVDA is nuts!


6 posted on 02/15/2024 3:39:12 PM PST by Justa
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To: Eccl 10:2
QQQ - 10 Year Quarterly Chart

Price Close Today - $434

Original Run - Began At $40 - In January 2009


8 posted on 02/15/2024 3:55:07 PM PST by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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To: Eccl 10:2
I'm still saying ndx 20000 within 29 days
10yr hits 4.1 tomorrow
dax hits 104.10 (could be as low as 103.5.. don't bank it)

A lot of foot peddle for a Friday run
watch for stop loss raids and head fakes.

If your a member of the lunch bunch .. don't get greedy..
I'm calling 200pts of track

batter batter SWING ... trade that is...

18000
any way it goes there is going to be a lot of track for the Q train.

not financial advise .... for entertainment only

remember it's hunting season ... black swans could fly any time

12 posted on 02/15/2024 4:45:49 PM PST by 1of10 (be vigilant , be strong, be safe, be 1 of 10 .)
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To: Bob434; calljack; cgbg; Craftmore; DCBryan1; EEGator; Fireone; fretzer; hecticskeptic; ...
Quick update: OK, maybe I got lucky, but it was a good bet.

Short term, I think the odds call for some more downside, maybe to the 425 area.

Taking it day by day. Markets closed on Monday.

Happy trading!

19 posted on 02/16/2024 1:27:23 PM PST by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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