$TSLA didn't reach the weekly EMA20 as I hoped but the pullback did get bought which reflects perfectly you human's trading behavior. Now let's see whether bears can make a double top here which also is you human's typical trading behavior... http://bbs.cobrasmarketview.com/ ... mp;p=287221#p287221
$GLD, still could be a descending triangle in the making which is a continuation pattern so in theory should breakout on the upside but personally the descending triangle is always bear biased to me http://bbs.cobrasmarketview.com/ ... mp;p=287224#p287224
Now it's no longer a bull flag to me. The sudden push up apparently was just a news. We're back into the range which may last till the 2 pm roller coaster show $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=287229#p287229
Can anyone explain why $IWM and $RSP are strong today? Could it be money flow out of high tech into small stocks which is a sign of confidence in the future economy?
Cobra 发表于 2020-9-16 11:55 AM
Now it's no longer a bull flag to me. The sudden push up apparently was just a news. We're back into ...
I still think there is one more short leg down, before the real upward trend starts. the RSI divergence on 15 min chart still has not been addressed. There are some good news on twitter as well. but it's not uncommon for fake moves before/after FOMC.