Author Archives: pricentime

SP 500 Cash Index Cycle Location

The S&P 500 cash index traded sideways down for six trading days since the high of 2400 was made.  It then traded higher (took out previous day high) on March 10th, 2017.  That means the daily cycle  bottom low at 2354.54 made on March 9th is confirmed.  So far we are 18 weeks in the weekly cycle and one day into the new daily cycle.  We have finished four daily cycles in the

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$AMD Long Trade Update

AMD shorts seized the opportunity and kicked off a selloff two days before the official Ryzen 7 high end chip launch!  Ryzen 7 high end chip had great reviews  but also had bad reviews in gaming performance.  In the face of abundant confusion, we at PricenTime.com carefully examined the fundamental and technical aspects of

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$AMD Long Trade Update

Today’s selloff is a little troubling.  It may change the weekly cycle count.  Because of the large day range of 1.20 and the way it was rejected at 15.55, it prompted us to double check the weekly cycle count.  We want to know with reasonable confidence about the top price at 15.55.  Is it an important top that will be followed with more

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It’s Time to be Defensive–Market Internal Rotations

The S&P 500 index has been on a tear.  On a rare down day on last Thursday, February 23, 2017, it was able to close above daily pivot range.  On a gap down day on Friday, February 24, 2017, it was able to completely fill the gap and closed near the all time high.  It is at extreme levels of bullishness and with no ending in sight.  But when we

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$SQ Speculative Investment Position

Square Inc. $SQ could be one of those magic Silicon Valley magic stocks.  It just broke out the price range for the last 15 months due to its earnings report and the prospects of growths in the areas such as business lending and point of sale, in addition to the mobile payment processing.  It is not profitable yet, but the streets have given high valuations.

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