News Focus
News Focus

gdl

Followers 92
Posts 8935
Boards Moderated 6
Alias Born 12/18/2012

gdl

Re: jxyzobrien post# 11013

Friday, 04/03/2020 4:16:53 PM

Friday, April 03, 2020 4:16:53 PM

Post# of 40005
WE had a late day rally and was expecting a better ending myself.

Death Cross I believe is not as high as 75% historically. Even if it was how high in the short term can we go and what is the timeline to determine if it will work?

I have 2650 all the way to 2850 as a possible top. For me i can't see it ever reaching the upper target but have to keep that possibility open.

Curious because the VIX is dropping, the daily move is tapering off and getting more shallow. I have a maximum upside move in days at 4 more. The 13 day move off the lows.

To be clear i am a perma-bear here BUT the action tells me something is up. Must obey my gut and watch for a surprise upside move.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today