I_Am_Madness Posted July 26, 2018 Report Share Posted July 26, 2018 There's a big difference between making market projections vs making money trading.Until someone show me some real trade, you can take all those projections with a grain of salt.Well i'm short at ES 2842.50. Link to comment Share on other sites More sharing options...
DrStool Posted July 26, 2018 Report Share Posted July 26, 2018 5 day cycle projection has been pulled down to 2850. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted July 26, 2018 Report Share Posted July 26, 2018 That’s one nasty looking reversal candle on the RUT. Let’s see if everything tanks into the close. Amzn on deck tonight. Link to comment Share on other sites More sharing options...
Jorma Posted July 26, 2018 Report Share Posted July 26, 2018 I don't trade or much follow individual stocks but I've been watching FB and with my simple chart tools and I didn't pick up a single clue from them that it was crusin for a brusin. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted July 26, 2018 Report Share Posted July 26, 2018 I don't trade or much follow individual stocks but I've been watching FB and with my simple chart tools and I didn't pick up a single clue from them that it was crusin for a brusin. It was overbought. Worked the past 3 times... Link to comment Share on other sites More sharing options...
Jorma Posted July 26, 2018 Report Share Posted July 26, 2018 I don't watch RSI or other such indicators. Still, the scale of the drop is rather out sized. It does fit with my narrative that FB's post hearings rise was fueled by retail buyers being herded in by retail brokers. It's big money international flows that are surely keeping stocks bubbling. A different animal. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted July 26, 2018 Report Share Posted July 26, 2018 AMZN beats earnings but misses on revenue. I saw a 1650 print before shooting back up. edited: low was 1705... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted July 26, 2018 Report Share Posted July 26, 2018 INTC was down 5% at one point. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted July 26, 2018 Report Share Posted July 26, 2018 AMZN misses revenue by 425 MILLION... :lol: What's a few million?!? Link to comment Share on other sites More sharing options...
I_Am_Madness Posted July 26, 2018 Report Share Posted July 26, 2018 I don't watch RSI or other such indicators. Still, the scale of the drop is rather out sized. It does fit with my narrative that FB's post hearings rise was fueled by retail buyers being herded in by retail brokers. It's big money international flows that are surely keeping stocks bubbling. A different animal. Read a piece that today there's over 30,000 new FB shareholders. RETAIL PILING IN on this drop. Link to comment Share on other sites More sharing options...
aussiebear Posted July 27, 2018 Author Report Share Posted July 27, 2018 ---> Flapping Friday http://www.capitalstool.com/forums/index.php?showtopic=13288 Link to comment Share on other sites More sharing options...
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