This thing that used to be a market is entering the final stage of bullshit. This ramp up with no volume in the end of the day is about to be stopped and the reversal could be nasty. Retail sails were a complete desgrace and this thing called economy will sink hard.
Look @ the chart where you can see huge huge resistance, EMA´s and other resistance points. This ramp up with no volume seems to be distribution. Next week should be interesting, and astrological speaking there are some conjunture never seen decades ago.
http://www.traders-talk.com/mb2/index.php?showtopic=120572&st=0&p=528401&#entry528401
I will leave you with one chart.
Options Continue To Give Off Complacency, Non-Commercials Slightly Bearish
On Nasdaq Futures, Even As Cash Keeps Setting New Highs
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Even as options traders continue to remain complacent but doing so are
minting money, non-commercial futures traders just turned bearish on tech
shares. Am...
Há 1 dia


