12 replies to this topic

[NAV]

IT: Uptrend 

ST: Correction

Position: Cash

 

Dip buyers got caught in a gap-down again. Thrice bitten...

[OEXCHAOS]

I bought the gap down.

 

I think we see new highs. It doesn't square with the ITBM or TSP or our weekly model, but I suspect that the Bulls will get right and then the Bears will get their Thanksgiving.

 

M

[OEXCHAOS]

Snugged stop to Break Even.

 

M

[libertas]

This market is on autopilot, the trend will be intact until a deviation is too large; then the autopilot will disconnect and the wings will come off.

[OEXCHAOS]

Apologies for the hijack. Just following up. Stop snugged to 257725 (ES).

[NAV]

Apologies for the hijack. Just following up. Stop snugged to 257725 (ES).

 

Mark,

It's a trading related thread. I would only be happy to see folks posting their trades.

 

Your trade looks like a good day trade. We still do not have the setup for a multi-day swing trade. It's likely a one day wonder (or a one hour wonder). 

Edited by NAV, 13 November 2017 - 10:27 AM.

[dowdeva]

I bought the gap down.

 

I think we see new highs. It doesn't square with the ITBM or TSP or our weekly model, but I suspect that the Bulls will get right and then the Bears will get their Thanksgiving.

 

Me too. SPY options @ 9:48 am

[libertas]

Bot SPX Nov 27 2570 puts. Someone's gotta be the bear.

[OEXCHAOS]

Man, the market loves torturing me. LOL!

 

M

[libertas]

The RUT generally peaks before the SPX. Looks to me that this condition is in effect. If so, there's an SPX peak close by. "Close" in days, not seconds.

Edited by libertas, 13 November 2017 - 12:06 PM.