A quick post a day before jobs release. Jobs release tomorrow an hour before open. That will send the market, but until then, today should be consolidation.
Where we are currently -The price is under the mid bollinger the 50MA & 18MA, it has a negative MACD and the SLOW KD might cross over.There is also a small divergence forming.
BULLISH- we need to break 12450 and push higher. The target if price can set up here and break 12500 is 13300-13500.
BEARISH-
1.)Nasdaq runs to 12350 ish and then reverses down, settling near 12150, which is neutral. This is what I believe is most likely, as positions will want to be neutral going into jobs data tomorrow.
2.)We make a weak attempt up, probably near 12200 - 12230 before reversing down. When it breaks 11830, that's a sign we should be selling down farther.
财神爷心尖上的人
:
The post is a must-read every day, it's great. Sosx has dropped a lot recently, $30A high-ranking duvet cover, I wonder if I can solve it for the rest of my life?
BeBlessed : Bro iamiam, thanks very much for taking the time to provide us with a daily update. God bless!
icezzz : How low baba could be?
iamiam OP icezzz : near term like week or two 81-77. longer term month or two 60's
Violets : looks like it's getting sent right now
70850079 : Thanks for sharing, much appreciated!
101828445 iamiam OP : Is it safe to short Baba?
财神爷心尖上的人 : The post is a must-read every day, it's great. Sosx has dropped a lot recently, $30A high-ranking duvet cover, I wonder if I can solve it for the rest of my life?
iamiam OP 101828445 : I don't know about that, I'm more neutral bearish
Ping983 财神爷心尖上的人 : I'm 24 and I hope you get out of the box soon
财神爷心尖上的人 Ping983 : , a financial turmoil, maybe
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