Monday, June 11, 2018 1:40:33 PM
New high seems a bit of a reach right now...need to get into 2nd quarter earnings reports first; which should be good...
Market is a bit overbought right now; I did say in a recent post 3000/3100 could happen...
I'm starting to get apprehensive about shorting...should wait until after Wed. FED...
UVXY is a hedge while I decide what stocks I want to take some extra profits...but below $9.90 may force me to cover...
For now I wasn't expecting 2790..but 2800 would be okay...just to see how technicals act...
60minute...on this chart I'm comparing the 80 level on the CTM=Chande Trend to a slow stochastic 20,3...80 signal line and also watching $NYAD= advance/decline...= market internals...
Daily
Market is a bit overbought right now; I did say in a recent post 3000/3100 could happen...
I'm starting to get apprehensive about shorting...should wait until after Wed. FED...
UVXY is a hedge while I decide what stocks I want to take some extra profits...but below $9.90 may force me to cover...
For now I wasn't expecting 2790..but 2800 would be okay...just to see how technicals act...
60minute...on this chart I'm comparing the 80 level on the CTM=Chande Trend to a slow stochastic 20,3...80 signal line and also watching $NYAD= advance/decline...= market internals...
Daily
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