Charting/Technical Analysis

[brobro777]

7 hours ago, backtothebeach said:

Gap now practically closed.

I sold a bunch of SPY calls around the top for a few days, but did not have the guts to sell ITM calls, unfortunately.

 

 

Gaps! I dun learned a lesson today!

 

 

[TwoCitiesCapital]

7 hours ago, backtothebeach said:

Gap now practically closed.

I sold a bunch of SPY calls around the top for a few days, but did not have the guts to sell ITM calls, unfortunately.

 

 

+1 

 

This stuff always seems to work until I try and trade it

 

So you're welcome that I ignored it?

[TwoCitiesCapital]

7 hours ago, backtothebeach said:

Gap now practically closed.

I sold a bunch of SPY calls around the top for a few days, but did not have the guts to sell ITM calls, unfortunately.

 

 

+1 

 

This stuff always seems to work until I try and trade it

 

So you're welcome that I ignored it?

[frommi]

Since this is about technical analysis, lets see if this author is correct in that the bull market from 2009 has ended. He has btw. counted this since 2 or 3 years up to the top and called the top nearly to the day, even though the language let some interpretation open.

Source: https://studyofcycles.blogspot.com/

[gfp]

It's the thread everybody loves to hate!  I posted this in the Intel thread but here is a very textbook "clean" bull flag pattern that has just broken out on a daily closing basis.  Let's see what happens.  For those that don't understand IB TWS, the greenish horizontal line is my average cost basis for this trade, which was entered based on the flag pattern not my deep knowledge of Intel's foundry business future success 

 

INTC, daily

 

 

 

 

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