iBankCoin
Joined Jan 27, 2008
7,405 Blog Posts

Bulls Trying to Hold On

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This is not how I wanted to end such a fun week, but such is life. The indices are all right on important moving averages, and the bulls must step up to the plate and defend the area.

COMPQ:

Screen Shot 2015-04-17 at 9.18.22 AM___

$SPX:

Screen Shot 2015-04-17 at 9.19.04 AM___

$RUT: The russell is currently losing the 20 day here. Will we hammer out like the last two previous touches? or will sentiment change here? The close will be telling.

Screen Shot 2015-04-17 at 9.21.26 AM

 

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6 comments

  1. berniecornfeld

    Indeed! Don’t be THAT guy!

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  2. Bchu

    Why did you have to jinx my BABA??!!

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  3. UncleBuccs

    RC – I’m sitting outside, enjoying a pre-lunch pipe, while searching for an appropriate song to serenade the $RUT. Hopefully Ms. Bass will do… http://youtu.be/QXXv_p4yNFs

    Can’t hurt to try.

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  4. RaginCajun

    Sounds like a good idea on a day like today

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  5. MSGT HARTMAN

    When everybody sells, I buy. When everybody buys, I sell.
    It’s too easy.

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