On the other hand, just about anything is possible IF the 10 - day moving average fails to
hold on a pullback.
Not exact matches
Although we would prefer to enter $ KOL as a
pullback buy entry, a breakout entry
on the next move above the horizontal pivot may be in order if the ETF continues to
hold near the highs of its recent range.
It was pressured down to its low by a rising dollar (DX from 89.88 — 90.20, 2 - week high), which was boosted by a softening yen (107.35 — 107.70, rising US yields) a continued decline in the pound ($ 1.4095 - $ 1.4035, fallout from BOE's Carney comments that they could
hold off raising rates next month), and a
pullback in the euro ($ 1.2350 - $ 1.2295, miss
on German PPI).
During corrections and
pullbacks, the main stock market indexes must
hold onto this level in order for us to continue operating
on the long side of the market with confidence.
Investors could still add to their
holdings on the short - term
pullback, as well.
Their charts are not so optimistic though with the IWM and QQQ in
pullbacks that look to continue while the SPY tries to
hold on in consolidation.
I should also note that much of the
pullback experienced by Strategic Growth Fund in 2012 was driven by a roughly 7 % lag in our stock
holdings relative to the indices we use to hedge, despite the fact that our stock selection approach has significantly outperformed the S&P 500 since the Fund's inception (see the review of Quarterly and Annual Performance
on The Funds page for detailed performance data).
Their charts were not so optimistic though with the IWM and QQQ in
pullbacks that looked to continue while the SPY tried to
hold on in consolidation.
They get in late get stopped
on pullback then say «if only I
held it»
The SPY and QQQ
held there recent support levels with steady move lower but only a minor
pullback, while the IWM showed strength early and erased it later, also for a small loss
on the week.
The short - term moving average also
held as dynamic support
on the latest
pullback, and its gap with the 200 SMA is widening to reflect stronger bullish momentum.