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


To: yard_man who wrote (188492)7/26/2023 8:35:10 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 221951
 
It does, but I'm still long a light position for QQQ and for TQQQ, also for QLD...

I keep expecting to get stopped out but it never happens...

GZ



To: yard_man who wrote (188492)7/26/2023 8:47:15 PM
From: GROUND ZERO™  Respond to of 221951
 
I think the biggest problem I see now is the RSI is lower while the market made higher highs...

It seems that every time that happens we see a period of selling for several days, not right away but within days it begins...

So, I think we'll likely see that again soon enough...

It happens on frequent occasion, here are five of the most recent of those times, the current one hasn't had that pull back yet but I suspect it likely will with all things being normal...



GZ