Trouble is there is never any follow thru selling. Plenty of bearish setup on daily weekly and monthly time frames over the past 2 years. No follow thru selling though.
great day to exit FANGS BTW AMZN has a lot of air to the downside... FB may have peaked.. financials/ tech / energy will lead to the downside
That's been the greatest problem.....it would take alot to see a follow through here....Dow was up 5.5% in 2018 at it's intraday high this morning....that's an incredible feat for only 2 weeks of trading....and to think not one 3% correction in over a year.....even a 3% correction and the markets are stillllllll up for 2018, that's extremely impressive.
Amazon has added tens and tens and tens of billions in market cap in January....what warrants that? They keep raising price targets on Amazon...today they said Amazon will carry an $800 billion market cap this year!!!!!!