From the Desk of Kimmy Sokoloff
$QQQ pushed past its eight-day moving average.
Now we need to see if the indices have continuation today.
Expert technical analysis of financial markets by JC Parets
by David
From the Desk of Kimmy Sokoloff
$QQQ pushed past its eight-day moving average.
Now we need to see if the indices have continuation today.
by David
From the Desk of Kimmy Sokoloff
The indices had somewhat of a tiny relief bounce.
But it wasn’t really much to speak of…
by David
From the Desk of Kimmy Sokoloff
I think the S&P 500 has potential to drop below its 200-day moving average and snap back.
I think we can have another push lower, and then we get relief.
by David
From the Desk of Kimmy Sokoloff
No reprieve from the selling today, an ugly one overall.
$SPY is nearing its 200-day moving average.
It might be a wild day tomorrow, too.
by David
From the Desk of Kimmy Sokoloff
The market keeps trying to hold these levels.
It would be a lot less painful if we had a quick swoosh lower.
by David
From the Desk of Kimmy Sokoloff
No love for October yet, but be patient!
If $SPY really pushes past this 425.50 area, there’s potential to 419.
by David
From the Desk of Kimmy Sokoloff
Futures were up overnight, and then poof, we’re now back to flat.
Remember, the market couldn’t get going on Friday…
by David
From the Desk of Kimmy Sokoloff
The market gapped up this morning, and then the indices dropped into their respective gaps.
We’ll know more next week about whether this rally will continue…