Daily Volume Is Flashing RED

Discussion in 'Index Futures' started by Rickshaw Man, Dec 27, 2021.

  1. KCalhoun

    KCalhoun

    Not a perma bear, I traded long bias SVXY RIOT and others today. I'll check, brb

    ALSO traded long AMC ALLK BFRI MBOT PYR today.

    Will swing F PFE CGC TLRY MARA X FCX at 2day highs, not a recommendation.

    I just trade to make money, I don't overthink it. I still say markets burn by Jan 31st though. :D

    Just bot UVXY @ 13.8 aftermarket
     
    Last edited: Dec 27, 2021
    #11     Dec 27, 2021
    murray t turtle and morganpbrown like this.
  2. MKTrader

    MKTrader

    People always bring that up but the market has a pretty strong bullish seasonal tendency in the last week of December. Granted, it's usually not a huge move, but gradual drifting up like we've seen on lower volume.
     
    #12     Dec 27, 2021
    KCalhoun likes this.
  3. KCalhoun

    KCalhoun

    Right, and slow steady grinds up like today's are strongest, vs spike up/down.

    But 4days up in a row is getting extended, I expect red tu or wed
     
    #13     Dec 27, 2021
  4. maxinger

    maxinger

    upload_2021-12-28_8-57-22.jpeg

    around Christmas and New year, volume tends to be low.

    BUT!!! the market is still moving.
    Look at what happened on 27 Dec 2021. the day range was very healthy.


    after the New year holiday,

    Daily Volume Is Flashing RED
    ---->
    Daily Volume will be Flashing GREEN


    and the market will move even more.


     
    Last edited: Dec 27, 2021
    #14     Dec 27, 2021
    murray t turtle likes this.
  5. I can honestly say, I have no idea what to expect.
     
    #15     Dec 28, 2021
    murray t turtle likes this.
  6. Handle123

    Handle123



    When in doubt, always youtube
     
    #16     Dec 28, 2021
  7. %%
    NO wonder, all your chart volume is red\LOL
    QQQ,TQQQ Christmas to 52 weeks Christmas price + volume is is fine.
    DAL price + volume is not anywhere near as uptrendy as qqq,TQQQ. But i use blue or green for up + red for sell on price + volume.
    [IF i wanted to confuse myself i would use the exact same color volume for buys + sells, but i dont/LOL]:caution::caution:UPRO is flashing plenty of red sell volume but 52 week uptrend blue or green price is fine \so ok for noW..................................................[Expect holiday volume to be weak, just dont confuse that with a prediction]
     
    #17     Dec 29, 2021

  8. Everything you just typed out is confusing, Keep it simple stupid...
     
    #18     Dec 29, 2021
    murray t turtle likes this.
  9. %%
    LOL/ no wonder so many hate charts, especially 52 week charts or 10 year charts.
    ALL one color may work well for you , especially if colorblind + many men are color blind.
    IF TQQQ, qld, qqq has\ends a one week topping tail /green LOL, good call+ slill but its still 30 minutes 'til close/+.........................................................................................:D:D:caution::caution::caution::caution::caution::caution::caution:
     
    #19     Dec 31, 2021
  10. There was an infamous site once called Chateau Heartiste, may still be up (edit: yes it is).

    Anyway, there was a prolific commenter on that site called GBFM who spoke in a similar form as you, disguised as gibberish with hidden gems. He was often the commenter of the week. For example:

    https://heartiste.org/2017/03/03/da...e-for-leftist-governments/?PageSpeed=noscript
     
    #20     Dec 31, 2021
    murray t turtle likes this.