indices diverged
noted march 15th (after FOMC?) that NDX made new highs but SPX and DJIA didn't.
shorted QQQ by selling 132.5/133.5 call spreads on march 16. will close when i see divergence again. also shorted MSFT as MSFT was failing to make higher highs while NDX was.
my assumption is that SPX/DJI will finish their ABC correction and start a 5 wave impulse. the end of wave 2 will indicate failure to make a lower low while NDX will just complete its ABC and make a lower low, hence having index divergence again
shorted QQQ by selling 132.5/133.5 call spreads on march 16. will close when i see divergence again. also shorted MSFT as MSFT was failing to make higher highs while NDX was.
my assumption is that SPX/DJI will finish their ABC correction and start a 5 wave impulse. the end of wave 2 will indicate failure to make a lower low while NDX will just complete its ABC and make a lower low, hence having index divergence again
Not
it can also be noted that while NDX made a higher high, SPX and DJIA both failed to make a higher high and stopped at a fib level
Not
wrong chart above. please see below
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.