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

To: Cyrus who wrote (150839)	11/20/2020 1:03:36 PM
From: GROUND ZERO™	2 Recommendations Recommended By Hawkmoon Mevis Respond to of 220474

Yes, and yet, on the other hand, the DOW and the Transports are giving me sell signals... very odd... I'm already short the DOW and if we work much lower I'm also going to short the SP... GZ

To: Cyrus who wrote (150839)	11/20/2020 1:13:08 PM
From: GROUND ZERO™	1 Recommendation Recommended By Hawkmoon Read Replies (1) \| Respond to of 220474

The weekly charts look absolutely terrible... Most market indices are extremely overbought and over stretched, some more than others... Who knows how much more they could take, this should get interesting... GZ

To: Cyrus who wrote (150839)	11/22/2020 1:50:56 PM
From: GROUND ZERO™	2 Recommendations Recommended By Hawkmoon JMTrader Read Replies (1) \| Respond to of 220474

Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. - - Sir John Templeton Right now, almost everyone is bullish and "all in" on stocks... This, along with the near record level unreleased selling pressure, just doesn't seem positive at the moment... As always, this doesn't mean these markets can't continue higher, just that it seems more of a struggle without releasing some of that selling pressure which has been building since March... Just sayin'... GZ