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 : Trader J's Inner Circle
NVDA 181.46-3.6%12:15 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trader J who wrote (56374)8/5/2024 10:11:55 AM
From: Trader J1 Recommendation

Recommended By
Zen Dollar Round

  Read Replies (1) of 56532
 
MACDh - What am I waiting for? I'd like to see the break below 0 in the MACDh on the Nasdaq. We've actually had good buying from the lows since open, with a trend off the lows starting in the premarket. I'm wanting to see the trough of this MACDh, which I fully expect, before taking next positions.

Bascially, I'm waiting for the volume and the extent of this rally to be determined with full expectation that it will peter out and then we'll see what we really have. So, any positions I took were for the long term with price action I was comfortable with. Then, I will reevaluate based on the depth of the trough we get off the lows. The green mountain at the bottom is declining toward parity and I'm looking for that deep red trough.

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