How to Transform Ourselves: As People, As Traders
21 hours ago
Subscribe to:
Post Comments (Atom)
My Blog List
-
-
-
06/03/2025 Intra-day Update2 months ago
-
-
-
-
-
-
-
-
Q1 Earnings for Week Ending May 1st10 years ago
-
-
-
-
Inflation Deflation11 years ago
-
-
Check Out The New Quantifiable Edges!11 years ago
-
Orange Juice 5 years chart,12 years ago
-
Free Trading Plan Guide - PDF Download13 years ago
-
Backup Mon March 2114 years ago
-
-
Gold, Silver Breakout, Retest Success15 years ago
-
New Site15 years ago
-
7 comments:
Interesting that the VIX opened up in a bearish way this morning as the markets gapped up. XLF was up sharply as well. I do not believe this upside movement is sustainable at this rate.
It looks like XLF could go to test the $22.50 resistance from here. Maybe even to $23.
It is a very tricky point in the markets right here and I would advise caution in either direction.
XLF has fallen below R2 for the day. Will it consolidate from here and move up? $21.79 is immediate overhead resistance.
SPY is testing its R1 level.
You can see these intraday charts in my public list.
Thus far I am not sure what to make of the XLF patten I have. I will look at it later.
Interesting. Looks like XLF may be putting in a bearish flag off today's high.
this could be like mid-April. Black XLF candle then, black XLF candle today. One more retracement to the trendline then a push to the top before the rally end.
Maybe, of course.
Added a VIX chart to my chart list that might show a good way to watch the VIX trend.
I updated the XLF pattern chart.
Post a Comment