3 thoughts on “21st day of QQQ short term up-trend”
Mr. Wishing in your world of stocks, since Jan 1 what are the stocks and ETFs that have moved the most?
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Dr. Wish
First off I enjoy your blog very much.
My comment/question:
I’m surprised at the sudden leap in the market today after what appeared to be a weakening market.
The market appeared overbought (according to your own indicators), and the number of stocks advancing declined sharply in the past few days.
I was getting ready to try and take advantage of this today until I saw the futures this morning; I chose to sit out and see if initial indicator was a bluff–it wasn’t.
I can’t believe the market shot up because the of employment news; It wasn’t that great. I seen the market advance on bad news and drop on good news so I know there is no rhyme or reason…
My question: was there anyway to see this coming? Did you have a sense of the advance in your crystal ball? Thanks!
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Hey Vince don’t fret. This is a bluff. It’s only matter of time the markets will collapse. Many indicators are showing weakness although price is drifting up, such as macd, RSI, etc. patience needs to be excercised here.
Mr. Wishing in your world of stocks, since Jan 1 what are the stocks and ETFs that have moved the most?
Dr. Wish
First off I enjoy your blog very much.
My comment/question:
I’m surprised at the sudden leap in the market today after what appeared to be a weakening market.
The market appeared overbought (according to your own indicators), and the number of stocks advancing declined sharply in the past few days.
I was getting ready to try and take advantage of this today until I saw the futures this morning; I chose to sit out and see if initial indicator was a bluff–it wasn’t.
I can’t believe the market shot up because the of employment news; It wasn’t that great. I seen the market advance on bad news and drop on good news so I know there is no rhyme or reason…
My question: was there anyway to see this coming? Did you have a sense of the advance in your crystal ball? Thanks!
Hey Vince don’t fret. This is a bluff. It’s only matter of time the markets will collapse. Many indicators are showing weakness although price is drifting up, such as macd, RSI, etc. patience needs to be excercised here.