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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: carranza2 who wrote (169227)	3/6/2021 4:09:25 PM
From: sense	Respond to of 218863

Poking at charts, again... Most notable today... is that the "crash" that's ongoing... is far from evenly distributed. The SQQQ chart... where the 3X leverage amplifies the chart features... shows the bollies widening and turning sharply higher... the price stuck to the top of the bollies... the MACD turning off a bottom, moving above the zero line and heading up at a steep angle.... Just a chart showing a strong "up" move... That's showing a crash occurring in the NASDAQ 100. But, the similarly leveraged UVXY, SRTY (Russell 2000) and SPXS (S&P 500) ? Not so much. The bollies there haven't widened... they've pinched instead... and they have not turned up... the price rose to meet the narrower bolly, bounced off, and has traded back down toward the centerline... The volatility isn't there. No crash happening in the Russell 2000 or the S&P 500 ? Gold and Silver getting hammered, though ? And the NASDAQ 100 going down ? As I was watching basketball this afternoon... the only commercial that broke through my otherwise ad free streaming... was from Invesco... pushing for "soccer mom" investment in QQQ... SDOW shows the downslope in the -DJIA flattened out on Feb 17... and has moved sideways since. Says the DJIA is not going up any more... but it is not going down in accelerated fashion, either. There is an inflection change in the charts... moving sideways on average, but with a new internal trend in higher highs and higher lows... MACD sloping up, too ... but a shallow up slope below and not yet too close to the zero line... the slope about the same as it was in December... The bollies have pinched a bit... price spiked toward the top bolly on Thursday, but closed below the center-line on Friday... It appears the Nasdaq 100 is taking the brunt of the hit... the rest of the market not showing a raised pulse.