DreamboatAnnie
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Thanks KB! 
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DreamboatAnnie's Account Talk
- Thread starter DreamboatAnnie
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DreamboatAnnie
Well-known member
Here are some WEEKLY Charts! :smile:
DreamboatAnnie
Well-known member
Weekly charts...different view....EMAs. Best wishes to you all* !!! 
This one is most interesting...big rollover..
This one is most interesting...big rollover..
DreamboatAnnie
Well-known member
Daily charts. It seems odd that Stochastic is crossed up above its signal line, but RSI (14) is down. Will see how tomorrow goes. Futures are up right now. That is good. :smile:
DreamboatAnnie
Well-known member
That difference is a little divergence in Stochastic versus price. Indicates price to go up., but will see how long before it happens...
DreamboatAnnie
Well-known member
Chart
DreamboatAnnie
Well-known member
Yes.. but I am staying open to it not being H&S. In which case that means, why the heck did I not buy today's awesome increase? The only reason I didn't pull trigger was because Price had not yet reached above that green top line to exceed the left shoulder (thus, breaking the pattern, if only in my mind!
). I am pretty green at looking at that type of pattern. I feel sad to have exited Friday, but not following my strategy had a price and just could not take chance of dropping further. Will see what happens at COB. If that line is exceeded, I might need to concede that it was not an H&S pattern. Will see....but for now.....:17: FOMO
DreamboatAnnie
Well-known member
MMK, Agree... it could just be the next leg up! Lots to be positive about... Economy is opening, even if some hard headed States do so while kicking and screaming with a death grip on their power! lol...:soapbox:
Other Key item is that so far, today's action, if ut doesn't change much, would bring Closing price back up above 50 EMA! That is hugely positive!
DreamboatAnnie
Well-known member
DreamboatAnnie
Well-known member
Entered S Fund 100%. Just looks like a leg up after the pounding for last two weeks. Will see how this pans out. :dunno: If it doesn't I may need to see about going to buy and hold and stop looking at market all together.
Looking at chart, it's clear price broke through above where I thought a right shoulder might form. What I like is that RSI has gone above 50, and price is now above the 10 EMA. of course along with both Stochastic and MACD 5.9.2 rising above their signal lines two days ago.
Looking at chart, it's clear price broke through above where I thought a right shoulder might form. What I like is that RSI has gone above 50, and price is now above the 10 EMA. of course along with both Stochastic and MACD 5.9.2 rising above their signal lines two days ago.
DB don't beat yourself up. if we could see into the future - we wouldn't need to be trying to figure out all these charts and stuff. I used to follow business cycle theory. that has gone somewhat to pot because of all the artificial involvement of each of the worlds major governments. one thing that has been the same - the economy and market are not exactly tied together. so, the market can be up while economy down etc. they are normally 90degrees out of phase with each other so the economy lags the market slightly in the long run. Before business cycle, I tried last month's best fund and before that followed the market day to day and lost my pants. i've made more following people like yourself, and a few others on this website. there is a lot to be said for buy and hold - but, you still need to see the entry points to start and exit points to protect what you've earned. and (i may have this backwards) but, someone said something like... pigs get fed, hogs get slaughtered. so again, don't beat yourself up - doing great in the long run.
ravensfan
Well-known member
Aww, he did not go there!!! Oh yes he did. Bad Whipsaw, bad Whipsaw...:nuts:
The widely watched 10-year Treasury auction of $38 billion in notes Wednesday was met with adequate demand. The result eased concern among traders that the country’s growing debt burden would be too much for the market to bear, which would hit bond demand and force yields even higher. The10-year yield remains slightly lower at 1.51% following the auction.
DreamboatAnnie
Well-known member
Hi Bleek, However, I read that the sake 2/28? was low on buyers.. That is scary... some day there might not be enough bond buyers and its gonna hit the fan! IMHO
DreamboatAnnie
Well-known member
But WS is 100% correct and I must own up to the truth... can't move forward or improve without looking at reality! Plus Whipsaw is a good guy and meant no harm!
Best wishes to you, WS and Everyone*!!!!
ravensfan
Well-known member
But WS is 100% correct and I must own up to the truth... can't move forward or improve without looking at reality! Plus Whipsaw is a good guy and meant no harm!
Best wishes to you, WS and Everyone*!!!!
Of course WS meant no harm. He was being sarcastic as was I. To many people get their feelings hurt over nothing. Sorry I opined.
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