21 replies to this topic

[redfoliage2]

Now it's testing 2680 support and if it does not hold the next one is at 2620. 

Edited by redfoliage2, 01 March 2018 - 01:11 PM.

[NAV]

This is what the passive investors must be thinking now

 

 

 

[redfoliage2]

Now it's clear that big funds are selling and that's why you got heavy dumping toward the end of the day.

Edited by redfoliage2, 01 March 2018 - 01:21 PM.

[Shaggies_View]

2680 holds. Covered shorts and now long at 2682 with a stop at 2678.

[Shaggies_View]

RHS of the H&S ? Early days

[NAV]

Redfoliage and Shagies_View,

 

Where's the entry for your trade ?

Edited by NAV, 01 March 2018 - 01:32 PM.

[redfoliage2]

2680 may not hold today as the day still early.  Intensive selling should be on the last hour.

I shorted ES 2711.

Edited by redfoliage2, 01 March 2018 - 01:51 PM.

[redfoliage2]

NQ may drop another 70 points today and ES may drop another 30 points as the supports not holding, and the day still early...............

Edited by redfoliage2, 01 March 2018 - 02:05 PM.

[redfoliage2]

I just went covered ES shorts from 2710.  Tomorrow could be a totally different day.  The market now is in deep oversold conditions, I'd not be surprised if we a big bounce on Friday.  In the current market running by Algos/robots anything is possible.  Hence my FF for tomorrow is SPX up 30 points...............

Edited by redfoliage2, 01 March 2018 - 04:11 PM.

[redfoliage2]

I just went covered ES shorts from 2710.  Tomorrow could be a totally different day.  The market now is in deep oversold conditions, I'd not be surprised if we a big bounce on Friday.  In the current market running by Algos/robots anything is possible.  Hence my FF for tomorrow is SPX up 30 points...............

If we still remember what happened on last Friday my FF seems not sounding outlandish at all...............

Edited by redfoliage2, 01 March 2018 - 04:15 PM.