Down But Never Out

221 views

Strong bounce thus far this morning in the S&P, pumping hard off of a key support level.  Financials continue to behave very bullish although the session is still early.  We’re into the back-and-fill range I highlighted this morning after getting a telegraphed bounce off of Monday’s value area high:

 

Although I’m down over 1.5% today and counting, I used this morning’s pop to clean out all the degenerate positions from my portfolio.  All except one, BGMD.   I can’t let this position go unless it gets seriously weak.  It flagged hybrid oversold yesterday with an impressive dataset and look at this chart:

 

 

2 Responses to “Down But Never Out”

  1. Haaa. ES TPO, I feel better.

  2. Raul3, what is that histogram-type chart you have listed, and what program generates it? Looks pretty cool.

Comments are closed.
Previous Posts by Raul3

Down But Never Out

221 views

Strong bounce thus far this morning in the S&P, pumping hard off of a key support level.  Financials continue to behave very bullish although the session is still early.  We’re into the back-and-fill range I highlighted this morning after getting a telegraphed bounce off of Monday’s value area high:

 

Although I’m down over 1.5% today and counting, I used this morning’s pop to clean out all the degenerate positions from my portfolio.  All except one, BGMD.   I can’t let this position go unless it gets seriously weak.  It flagged hybrid oversold yesterday with an impressive dataset and look at this chart:

 

 

2 Responses to “Down But Never Out”

  1. Haaa. ES TPO, I feel better.

  2. Raul3, what is that histogram-type chart you have listed, and what program generates it? Looks pretty cool.

Comments are closed.