Mactheriverrat 3,178 posts msg #148748 - Ignore Mactheriverrat modified |
8/1/2019 12:50:53 PM
@karen
You would think as I hate days like yesterday as they usually pull a lot of other stocks down with the markets knee jerk reactions only to more or less bounce back.
weekly spy
daily spy
One note here IMHO one can see back in real early in oct of 2018 how the daily and the weekly really start show of the market was fixing to have a correction.
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karennma 8,057 posts msg #148753 - Ignore karennma |
8/1/2019 2:32:28 PM
@ Mac,
Tee hee hee
Look at the VIX chart.
THIS makes sense.
Guppy turned short on SPY.
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Mactheriverrat 3,178 posts msg #148758 - Ignore Mactheriverrat modified |
8/1/2019 9:15:35 PM
@karen

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Mactheriverrat 3,178 posts msg #148759 - Ignore Mactheriverrat |
8/1/2019 9:40:15 PM
Well looks like Gold and silver isn't dead yet.
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Mactheriverrat 3,178 posts msg #148768 - Ignore Mactheriverrat modified |
8/2/2019 10:10:43 PM
@karen
Great catch on the daily's with the guppy averages.
Tip my hat to you!
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roca1018 163 posts msg #148769 - Ignore roca1018 |
8/3/2019 4:48:14 PM
Hello,
I just started the highly regarded book and was curious about the analysis of JBLU. Any comments would be appreciated.
Thanks in advance,
Rich
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nibor100 1,103 posts msg #148773 - Ignore nibor100 |
8/3/2019 7:50:11 PM
According to this link from one of the websites previously posted
http://screener.nextbigtrade.com/#/symbol/jblu
JBLU is currently 8 weeks into Stage 2 about 5% above the 30 wk moving avg with a considerable overhang of prior resistance and just normal volume going on.
If you use Davesaint's filter posted on page 4 of this thread you'll find JBLU as one of the stocks it finds and looking at its chart you can see that the relative strength line is currently rising.
Ed S.
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graftonian 1,089 posts msg #148774 - Ignore graftonian |
8/3/2019 9:42:49 PM
Looking at the bigger picture: SPY is not far from falling below weekly WMA(30). Ditto for all of the sectors. I just don't think this is the time for a buy (following the Weinstein System).
JBLU: if it can make it above 19.70 and gain a little volume, it could be a candidate if the market were favorable. IMHO
(30)
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Mactheriverrat 3,178 posts msg #148776 - Ignore Mactheriverrat modified |
8/3/2019 10:34:35 PM
I added AU to davesaints filter (Nice filter davesaint)
AU is one of the continuation breakout setup
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Been messing with the below code . One can sort the column code and it will bring up all stock near the 3 week high.
draw high 3 week high
set{ratio1, close / high 3 week high }
and add column ratio1
draw ratio1 line at 1.00
draw ratio1 line at 0.90
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Mactheriverrat 3,178 posts msg #148777 - Ignore Mactheriverrat |
8/3/2019 10:46:59 PM
@graf
Look like another may 2019 repeat- Down 3 big days on the daily with big volume on dailys as Karen showed with her Guppy on daily - Make's me cautious .
SPY did make the weekly ema10 go down last week on the weekly. That also make's me cautious .
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