Let's see. Cases with higher volume that happened for the 1st time in 3 months:
May 17, 2019: -7.4% in the next 2 weeks
October 10, 2018: -16% in the next 10 weeks
July 12, 2011: -21.7% in the next 10 weeks
There is no bullish edge to high volume in $SMH.
https://t.co/I8zhXAbD43
$QQQ was close to hitting the 100 day MA at today's low but missed it by $3.5, so I think that it hasn't made the 80 trading day low yet. If it closes above 692 tomorrow the low may be in, otherwise I still expect it to hit 673 this week before we can talk about the low being in.
$SOXX has also hit its 100 day MA which is located just above the horizontal support of the May 19 low at 478. This is the ideal level to end the 1st down leg of this bear market and have a multi week bounce.
$SMH has hit its 100 day MA. Now would be the time for a multi week bounce assuming it doesn't close the week below the 100 day MA. If it does close the week below the 100 day MA we may be facing a straight up crash without a significant B wave retracement.
$QQQ - It looks like the 80 trading day low may be in after it undercut the 100 day MA with an intraday low of 668, but closed above the 100 day MA. We need to see a bullish reversal tomorrow by closing above 679.40 for an initial confirmation of the low being in.
One unusual thing about this decade:
The DJIA has been rising while the Dow/gold ratio has been falling.
No other decade has seen this exact dichotomy.
The last time stocks and gold diverged this way, in the 2000s, stocks eventually lost the battle.
Time will tell which trend will ultimately prove dominant.
🚨 JUST IN:
After thorough review, FIFA released a statement which says the Egypt second goal against Argentina shouldn't have been canceled.
🗣 "The VAR had it wrong and we apologize to Egypt national team and the country at large"
$SPX DELIVERED.
The W4 triangle is complete.
The multi-week W5 rally is underway.
Now holding a lower-timeframe bullish W4/W5 setup beneath the weekly high.
Above yesterday’s low: DIPS BOUGHT.
المقطع الاكثر حذفًا في تويتر من امبارح
المقطع ده الفيفا بتطارده بحقوق النشر من امبارح وكل اللي بينشره بيتقفله حسابه او المقطع ينحذف
ده باختصار ملخص الاخطاء التحكيمية امبارح وملخص المدعرة اللي عملها الحكم القذر ضد مصر
اتفرجوا بعينكم … ظلم بيّن وسرقة
🚨 WOW! Top journalist Megyn Kelly exposes massive corruption.
She confirms FIFA has been completely bought and paid for by elites for years.
Piers Morgan reveals Donald Trump literally used his political power to force a secret favor from the FIFA boss.
Pure corruption!