In my 20 plus experience in looking at the market and its currently daily chart I would say that the market is going to be going down in the afternoon. It very rarely opens down, climbs back up and hangs under the line for a bit then jumps up above the line.
I would expect things to turn lower in the afternoon as traders become pessimistic about the lack of gains earlier in the morning.
Again, check back with me on the last 30 minutes of trading for any developments.
Tradinginsider
Monday, August 31, 2015
Home »
» From my experience...
From my experience...
9:59 AM
No comments
Related Posts:
What's going to happen MondayI have been watching the negotiations and as of Midday Saturday, the Greek PM stated that he needed 80 something billion more to prop up the banks and keep things going. He had his officials agree for the most part on a new p… Read More
The early bird and the QQQ Forecast for TuesdayI got out very early Monday morning of GREK. Why? In order to make a profit. I warned on Sunday that any action I took on GREK was going to be during the very beginning of trading because that was the time to get out on the o… Read More
Exit Aug 107 QQQ calls for ProfitToday we also exit our August 107 QQQ calls for a profit That closes that one out with a bit of green in our pockets. We continue to scan the market. Tradinginsider… Read More
EXIT GREK Aug 12 calls @ 1.30Today Greece made a deal with the EU ( see www.the1045report.com) and so GREK the Greece ETF jumped. We get out of our calls with a profit. We were in at 1.10 we exit at 1.30 for a profit. I am scanning the market, may … Read More
Updated QQQ Technicals and Next week forecastThe updated QQQ and Market forecast for the week will be coming on Saturday, so check back to see what the market is going to be doing next week. In my post, I will be addressing Greece, the rate hike, and China. Tradinginsi… Read More
0 comments:
Post a Comment