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Strategies & Market Trends : ajtj's Post-Lobotomy Market Charts and Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: ajtj99 who wrote (10985)	11/5/2020 6:35:34 PM
From: ajtj99	Read Replies (1) \| Respond to of 96550

Sorry, on the chart I called it a bull flag, but it's actually a bullish pennant.

To: ajtj99 who wrote (10985)	11/6/2020 8:49:25 AM
From: The Ox	1 Recommendation Recommended By ajtj99 Read Replies (2) \| Respond to of 96550

Very short term, a lot of stocks, QQQ stocks in particular, look like they need another rally today or yesterday's action looks very much like distribution. FOMO, chase the rally. With COVID numbers soaring across the country, the apparent Biden relief rally is looking long in the tooth... I'm still seeing a bullish bias - but - without significant follow through today, we may see (or saw yesterday) a short term topping process playing out.