I suspect we're going to see 2412.50 ES one night this week in the futures...
We're setup for a bounce in the cash market.
Crash is Underway but Market doesn't believe it yet.
Started by
SemiBizz
, Aug 19 2017 11:24 AM
37 replies to this topic
#31
SemiBizz
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Volume Dynamics Specialist
Posted 21 August 2017 - 04:28 PM
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#32
salam
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Posted 21 August 2017 - 04:53 PM
I've flipped back short @ 2429 level..small position with stop just above the falling 5dma
I'm not sure what my future holds... But I know who holds it.
#33
CLK
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Posted 21 August 2017 - 08:09 PM
Looks like rally time, I'm in cash, I won't short unless the 4hr ES MACD is rolling over,
it's just now turning up. I have to wait awhile.
#34
da_cheif
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Posted 21 August 2017 - 08:25 PM
wats wrong with being long from 2415.75 es allready 19 handles off the low
#35
tradesurfer
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Posted 21 August 2017 - 08:38 PM
If the next downside crossover on the 4hr MACD occurs under the zero line seems like it would be a ideal signal ?? (as opposed to a 4hr macd that crosses down after it is already above the zero line)
Looks like rally time, I'm in cash, I won't short unless the 4hr ES MACD is rolling over,
it's just now turning up. I have to wait awhile.
#36
CLK
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Posted 21 August 2017 - 09:35 PM
If the next downside crossover on the 4hr MACD occurs under the zero line seems like it would be a ideal signal ?? (as opposed to a 4hr macd that crosses down after it is already above the zero line)
Looks like rally time, I'm in cash, I won't short unless the 4hr ES MACD is rolling over,
it's just now turning up. I have to wait awhile.
Might be ideal but more dangerous, it IS a bull market. I've seen a lot of hourly signals turning down below
zero that just scorched right after.
#37
alexnewbee
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Posted 22 August 2017 - 12:40 AM
Resistance will be blown with overnight gap. And big rally will follow as these stupid eclipse hedge unwinds.
"we do G.d's work" Lloyd Blankfein
#38
salam
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Posted 22 August 2017 - 05:06 AM
night monkeys stopped me out. It was an impulsive trade and thankfully one of my few losing trades this past 2 weeks... I am now flat and observing
Ill be watching 2440 carefully today. if that is taken out to the upside.....I expend a trend day to the next resistance then a potentially very good risk reward short.
Failure to breach 2440... buying opportunity again sub 2420
I'm not sure what my future holds... But I know who holds it.
