Boards
News
Market Data
Markets
Discover
Discover
AI Subscribe Login/Register account icon
S&P 500
7,122.14
(
0.82%
)
US TECH 100
26,142.40
(
1.43%
)
Dow Jones
49,359.57
(
-0.18%
)
Brent Oil
96.84
(
1.92%
)
Bitcoin
78,995.84
(
3.50%
)
News Focus
News Focus
Post# of 40010
Next 10
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

jxyzobrien

Send PM Follow Ignore
Followers 85
Posts 28953
Boards Moderated 1
Alias Born 04/05/2007

jxyzobrien

Re: jmb015 post# 3683

Wednesday, 01/02/2019 12:29:46 PM

Wednesday, January 02, 2019 12:29:46 PM

Post# of 40010
excess high on short covering rally
this is very bearish.

so market became too bearish rallied back to value. then created
excess high above value area.

now if we stay in the value area for the rest of the day we are then
accepting those prices.

breadth and tics decent so its not impossible to hold value area low
Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today