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#1 MikeyG

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Posted 10 March 2017 - 06:45 AM

Trump Train is leaving the station!!

 

UP, UP and AWAY!!!! 


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#2 thoughtpwr

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Posted 10 March 2017 - 09:57 AM

On board, sir!  We came down and tested 237.4 that has been our resistance and we are going higher as I speak.

 

There is a SPY Buy on Close Expiration trade today, which should cause the market to move higher on Monday for a Tues open at 240.  I would expect the buy on close to motor the market to reach 240 even on a shortfall of 240 in the move on Fri.  I then think we sell off SLIGHTLY through Wed and close strong into Fri.

 

Wed - Fri next week are normally the strongest seasonally days of the month.



#3 thoughtpwr

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Posted 10 March 2017 - 10:42 AM

We broke 237.4 support, so it gets sloppier here.  I still think we find support and go higher.



#4 diogenes227

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Posted 10 March 2017 - 11:08 AM

Trump Train is leaving the station!!

 

UP, UP and AWAY!!!! 

 

I have to say something here so I know where this is in case this turns out to be the best top call ever.

 

pop.gif


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

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#5 alexnewbee

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Posted 10 March 2017 - 11:44 AM

probably no top yet. but very close.


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#6 tsharp

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Posted 10 March 2017 - 01:11 PM

Just another possibility... twt.

 

SP00 240-min chart:  https://postimg.org/image/5yc78meop/

 

SP00_240_min_3_10_17.jpg



#7 Rogerdodger

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Posted 10 March 2017 - 01:21 PM

Trump Train is leaving the station!!

 

Is Brutus on board?

 

brutus.jpg



#8 diogenes227

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Posted 10 March 2017 - 01:47 PM

 

Trump Train is leaving the station!!

 

Is Brutus on board?

 

brutus.jpg

 

 

clapping.gif

 

But, seriously, this Brutus fellow...isn't he an American spy who looks a lot like THIS GUY?


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#9 AChartist

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Posted 12 March 2017 - 07:29 PM

I'm getting more negative on the mkt because in the DOW qtrly detrended if there is a low

 

should be a cycle in the next qtr, I wonder if that his Apr 29 bradley date.

 

If it was a full retest of the breakout would be around 18,000 level.

 

I suspect RUT daily allows another attempt up, this time I will sell more stocks in the accounts I dont

 

trade often or much. In 401k when I pare stock funds this will go back to the schwab .03% expense SP500 fund

 

in the next drop and see if that does better than mutual funds and get me some of that oz index math.

 

And in the 401k I have a short hedge fund underwater to switch long

 

maybe it will break even on Apr 29 I hope.


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