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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (119771)1/30/2019 1:25:57 PM
From: Hank Scorpio  Read Replies (2) | Respond to of 222565
 
Been traveling so not watching as much last week, but I think its better to be careful about being too bullish yet. On the Bear case, we're bouncing between the 200 and 50 day ema, and the rising wedge has broken to the norm. On the Bull case, we seem to have formed a pennant the last couple weeks, which could be very bullish. I've tried posting from stockcharts but can't seem to get it to work so this may or may not show up.

c.stockcharts.com




To: GROUND ZERO™ who wrote (119771)1/30/2019 1:31:41 PM
From: SGJ1 Recommendation

Recommended By
GROUND ZERO™

  Read Replies (1) | Respond to of 222565
 
Went ahead and bought a half position in UDOW. It may retrace more this afternoon and i'll grab the rest. IMO the DOW is going nowhere but up over the next week or so.........................

or not.<G>