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Article 5.26.13 – “Patterns $SPY $DIA $QQQ $IWM $MDY $IYT $SMH $XLF“
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6.1.13 Saturday
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Comprehensive Market Analysis
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KAY KIM'S PRIVATE CLUB
8 thoughts on “$SPY $DIA $QQQ $XLF What We Can Expect Next 1-2 Weeks [VIDEO]”
Thank you and always learning something new from each of post or video….I will watch closely the financial sector move as you said. it’s very important info and Thanks again for your inputs and hard works:)
Great Vid!
I was looking at $PM and was interested in your thoughts. Since the beginning of the year it has found a lot of support at the 50EMA, until this week it finally dropped below; however, it reached the 200 EMA and quickly reversed back upwards. The last time it dropped below the 50EMA, it also had a very quick reversal upwards. Would you think this is a long candidate? My main hesitation is the last three attempts at making a higher high (i.e. reaching $97) it failed…
Long on Long well if it reclaims about $93.60 or above, i think its a long candidate but for now, still looks like short advantage. Last three days declining volume tells me we might be forming bear flag here. Also watch daily and weekly MACD bearish divergence and also it possibly be Triple Top reversal in play at the top (which is already confirmed)
2kaykim Long on Long Just an update – I initiated a long position at $90.00, plan on holding for at least a year, let’s see how this goes…
Long on Long which one Long on Long?
2kaykim Long on Long $PM
Long on Long o ok. hope it works out for ya