I'm not going to be able to keep up with blog postings.
So far everything that started out bearish is still looking bearish on all fronts. I'm expecting a turn around mid day, like we've had more times than I can count.
If so, the evolution will tell us on the hourly scale!
I'm preparing a super awesome post for later today! You'll love it I'm sure.
Everything still mostly bearish on smaller time frames.
DB is looking like a total fail though, how is it up this much? Stock buybacks maybe! Or everybody thought in a major market sell off, let's rush into DB!!!!!!!!!!!!!!!!!!!!!
UPDATE at 11:36 Eastern.
Stuff still looks mostly bearish on the small time scales. The reason I'm mentioning this, is because more times than I can count, the market switches from massively bearish in the middle of the day, and ends up close to unchanged.
PS, I'm in the central time zone. I think doing eastern is best, but I might forget sometimes.
Important update at 1:32 - this maybe be about to turn around through the rest of the day. I'm continuing to monitor.
No comments:
Post a Comment