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Monday, November 8, 2021

CCL - Tide Going Out

Carnival looks to be in a downturn and today made a kiss of death on the 50 day moving average. Price likely down into 2022. Weekly

10 comments:

  1. Ccl will overshoot to the downside.

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  2. Yes travel to take a hit in general now

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  3. sc,

    Small pull back or Big pull back--spx---any advice???

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  4. Posting an SPX chart shortly

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  5. sc,

    uvxy ---keeps going higher---normally not a good sign???

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  6. sc,

    If we have not already topped - short term--it is just around the corner--be careful here ---uvxy--still going higher!

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  7. I'm expecting a high CPI number tomorrow. As SC said, inflation up big overnight. We'll see if the markets tumble or just status quo.

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    Replies
    1. Yes, sure enough Inflation hotter than expected, it's beginning to accelerate.

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