Tuesday, September 5, 2017

SPX Sells Off on Geopolitical Concerns...



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After the Open part 2 Review of ATVI, JBHT, PYPL, ISRG, MNST, SPY…posted 2:42 pm ET
© 2017


After the Open part 1 Review of SPY, intraday price action, IF you get confused by selloff days, then this video is a MUST, DON’T MISS THIS VIDEO…posted 2:35 pm ET
© 2017




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5 comments:

Fav said...

Thanks for the videos.Great insight as usual

JimR.qqq said...

Hi DAVE, Not your issue, but I noticed a weird issue

By chance (not on purpose) I was connecting to chartsignals.blogger.ca (note this is the canada site not USA site)

Your first video of today was replaced by the 2nd video - end result is both video1 and video2 are both showing the video2 recordings. If you reconnect and get the actual ".com" USA site, then the issue is not occurring.

And so you know, many thanks for the effort required to record/post these videos! Greatly appreciated.
-Jim

Michael Hayes said...

Jim
I am also from Canada and it connects to the .ca site also but I always press the home button just above Dave's picture so it seems to refresh I am using PC win 10 Firefox and never have a problem usually

Dave I like the Idea of 2 Video's a day since I am on EST and check the last one
before bed

Thanks again
Mike

Scott Avery said...

WOW. I watched this video and did the fibs just the same as you while I was watching along. And I switched to intra day when you did, then paused the video and found a number of the same channel lines/targets and then confirmed then with the video. ......but not the 4.236 number. It was so helpful to have this. You are helping me to not be apprehensive about bigger down days but work with them/use them more. The thing I see that I should have done was do more the day before in terms of identifying support/resistance and fibs from recent low to high. WHAT A VIDEO.

Jamee and Sue said...

Hi Dave - we thought your explanation of the role of the market maker (strong hands) and the weak hands of sellers (concerned with the North Korea bad news this morning) was very informative. Your explanations of how day traders trade the sell-off was also helpful -- and of course, we saw the inv H & S forming when the market started to finally move up and form the lower wick. We've learned to be more patient during these news-related sell-offs and watch for the reversal patterns to form -- and the intermediate trend to hold. Thanks!