What caused the market pop up at 11am?

Discussion in 'Technical Analysis' started by Risepoint1879, May 8, 2019.

  1. Not that the market needs a reason to randomly move, but there was a noticeable pop up at 11am with high volume, and I didn't notice any news for that time.
     
    murray t turtle likes this.
  2. Sarah Sanders said positive China trade news (which was basically what Trump had already Tweeted hours earlier).
     
  3. RRY16

    RRY16

    She also hot mic’d a fart near the close and the market sold off..go figure!
     
    GRULSTMRNN and nooby_mcnoob like this.
  4. Either way, she f'ed over my trades. I'm ready for the market to resume it's steady intraday descending scale size from open to close.
     
    Last edited: May 8, 2019
  5. %%
    NOT 100%% sure; but SPY jumped about 50 day moving average on real good volume.IF it cant close above it, looks like it may not, as of 12:37 CST. MAY is mostly bullish, but it trended up so much, so fast this year. I wanted buy gasoline , for my 4 clinder HMC but it hasnt gone down far enough.NOT a prediction/stock tip :cool::cool:
     
  6. LanceJ

    LanceJ

    Gunning the market, kicking out the stops
     
    murray t turtle likes this.