great commentary. Feels like retail is very willing to jump in and buy, but the big boys are meeting most of the rallies with sales. To your point, the downtrend continues until we see evidence its reversing. Thanks!
PPO indicator, similar to MACD! chartschool.stockcharts.com/table-of-contents/technical-indicators-and-overlays/technical-indicators/percentage-price-oscillator-ppo D
great commentary. Feels like retail is very willing to jump in and buy, but the big boys are meeting most of the rallies with sales. To your point, the downtrend continues until we see evidence its reversing. Thanks!
Guilty until proven innocent! D
Great show, Dave!
Thanks so much for watching! D
Looking forward to today's recap. Markets seem to be forming a massiv bull flag?
Me too! Lots of green on the screen... D
Dave, the S&P finished today with what looks like a candlestick Doji or Dragonfly Doji. What do you make of this?
Not seeing that! Doji would mean open and close right at the same level. 1/14 had the close below the open... D
what's ppo?
PPO indicator, similar to MACD! chartschool.stockcharts.com/table-of-contents/technical-indicators-and-overlays/technical-indicators/percentage-price-oscillator-ppo D
Do U think the oncoming downward trend goes deeper than 5600? Sector rotations and dramatic commodities? What was the lowest possible number U saw?
Don't see anything suggesting deeper move at this point, but what would happen between current levels and 5600 would tell us a great deal! D