Saturday Review’s recording (for 3/16/19) …Breadcrumbs.
Friday’s new trend high close requires another eventual new trend high close. Not necessarily the next session, all but ensuring an immediate reversal down will be only a temporary pullback that is recovered entirely. The bearish WedEX suggests a reversal down will begin immediately, leaving the question of how deep. Ignoring the bearish WedEX to rally immediately could be very productive before the next reversal down.
Setups and levels for each template are discussed during this week’s Saturday Review.
The following stock requests were reviewed in this order:
BA, JD, CSCO, JPM, BAC, MSFT, AAPL, MU, C
transcript
—————– (03/16/2019 09:31) —————–
Rod David: -=-=-=-
Rod David: Welcome to Saturday Review. Please post questions and comments as they occur to you.
Bill G: gm
David B: Good Morning
Mark G: gm
—————– (03/16/2019 09:52) —————–
David B: until we see a change to underperfomance of the nasdaq the trend is higher?
Mark G: expecting FOMC to be very influential next week or not necessarily doing anything that may change the trend?
David B: so this past week has been stronger hands behind this move?
—————– (03/16/2019 10:00) —————–
David B: Usually stronger hands are already positioned so friday is not usually a day for them to be buyers?
—————– (03/16/2019 10:03) —————–
David B: can you have a bond market rally and a stock rally doesn’t ones position have to be wrong or can they be both right?
ljr iPhone: stocks: JD, CSCO, MSFT, AAPL
—————– (03/16/2019 10:06) —————–
ljr iPhone: MU
—————– (03/16/2019 10:09) —————–
David B: JPM,BAC
ljr iPhone: re: bitcoin futures to be cancelled on an a change
ljr iPhone: exchange
—————– (03/16/2019 10:10) —————–
ljr iPhone: CBOE cancelled.
—————– (03/16/2019 10:14) —————–
ljr iPhone: MU earnings wed
—————– (03/16/2019 10:17) —————–
ljr iPhone: no
ljr iPhone: only earnings play is MU
—————– (03/16/2019 10:25) —————–
Mark G: C
—————– (03/16/2019 10:39) —————–
Mark G: thx much
Bill G: thanks
David B: Thanks
ljr iPhone: thx