SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Humble1 and Swing Trading Friends

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: humble1 who wrote (25654)3/17/2017 8:07:19 AM
From: John Pitera  Read Replies (1) of 41045
 

Yesterday mid morning the SPX, DJIA and NDX where all down around a 1/3 of a % and the VIX was DOWN 1.75% on the day even with stock prices going down..... No fear...

the High Yield Debt Market says time should be arriving for a pullback, as witnessed by the HYG breaking down below it's 21 dma and remaining under it and violating the uptrend in place this past year ...

a pull back to the 50 dma or 2280 as Katie Stockton suggested last week.

Since this is a very parabolic move... possibly we continue to advance due north to your target prior to a correction of any magnitude..... little cracks appearing..



JP

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext