Ep 93: Looking at Stock Market Gaps & All Time Highs
★ SUMMARY ★
I’ll focus on gaps and setting all-time highs.
The volume tells you if things are sustainable, or if the move is real.
When putting these few things together, now it allows you to really start seeing things. Ok, what’s real, what’s not? And then trade accordingly.
If you use another indicator, you can use Mac-D, stochastic, Bollinger bands, that’s one of the ones I like to sometimes take a look at.
Posted at: http://tradersfly.com/2016/07/ep-93-stock-market-gaps-time-highs/
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Its high again! … it going to crash and burn?
How does one follow your stockpicks? do you have an alert or subscription?
Sasha, I do believe that things are over extended out there. The Dow Has not had had even a small pullback in 5 days. Still like my put options on Home depot and thinking about buying one on Facebook as well. I need to see the breaks get tapped before i can buy. Going with the Trend.
Sasha, which platform do you use?
Just look at ACWI or VT… they are very far from new highs… i.e the bear is very much alive.
Always learning something. Awesome post!
Would you short it?
93rd!
Many thanx!! Great Info. Thanx for the cnn fear vs greed