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Saturday Review’s recording (for 11/10/18) …One more push coming? – If, Then… Market Timing

Saturday Review’s recording (for 11/10/18) …One more push coming?

Two consecutive sessions of trending tends to deplete sponsorship. Or, else. The week ended with two sessions spent exclusively in negative territory. Part of the third consecutive session — Monday — can reflect stragglers, but the day should end in rally mode.

That’s the likeliest template to start the week. It may also be the template that ends the two-week old rally, because retesting last week’s could resume the larger decline. Not recovering from early weakness Monday, especially if deep enough, could already resume the larger decline.

We discuss those paths and their specific prices, along with another path higher, during this week’s Saturday Review. A useful Fibonacci tip is also shared for identifying natural support found within gaps.

 CLICK HERE TO WATCH

The following stock requests were reviewed in this order:
GE, HD, WIX, CRM, ORCL, AAP, NTES, ACB, CGC,

transcript

—————– (11/10/2018 09:30) —————–
Rod David: Welcome to Saturday Review. Please post questions and comments as they occur to you,

jp: gm
—————– (11/10/2018 09:32) —————–
Bill G: gm

Mark G: gm

Adam: gm. Can we look at a giant potential Inverse H&s from oct through today

David B: Good Morning
—————– (11/10/2018 09:57) —————–
Mark G: how a seasonal bullishness we are entering play with a decline’s potential – a lot of talks about finishing the year on a high note?
—————– (11/10/2018 09:58) —————–
Mark G: or maybe decline on a bigger pic does not resume until Jan?
—————– (11/10/2018 10:06) —————–
Mark G: flat open Mon is unliklely?
—————– (11/10/2018 10:07) —————–
David B: I think you mentioned 2712 was an ealier pattern for lower lows. What number closing would tell us we are heading to test the recent lows?

David B: earlier
—————– (11/10/2018 10:09) —————–
Mark G: yeah

David B: option expiration week
—————– (11/10/2018 10:11) —————–
Mark G: so the next two weeks would be optimal to get smth done on a downside?
—————– (11/10/2018 10:15) —————–
David B: if see the dow outperforming than this would be less likely for a bear market?
—————– (11/10/2018 10:16) —————–
David B: does it matter which index performs?

David B: will this be a factor?
—————– (11/10/2018 10:19) —————–
ljr iPad: stocks: HD, WIX, AAP, NTES, all earnings this week. I will watch recording. Thanks
—————– (11/10/2018 10:20) —————–
David B: CRM,ORCL
—————– (11/10/2018 10:51) —————–
Mark G: thx much

Bill G: Thanks

David B: Thanks