Shorted 2675 with 2680 stop. If the downtrend is still intact, we should sell-off into the close.
Stopped out again. -5
Edited by NAV, 02 March 2018 - 02:14 PM.
Posted 02 March 2018 - 02:12 PM
Shorted 2675 with 2680 stop. If the downtrend is still intact, we should sell-off into the close.
Stopped out again. -5
Edited by NAV, 02 March 2018 - 02:14 PM.
Posted 02 March 2018 - 03:04 PM
shorted 2675 again with 2679.5 stop. Let's see how this one goes...
Posted 02 March 2018 - 03:26 PM
shorted 2675 again with 2679.5 stop. Let's see how this one goes...
I think the swing trade is what is gonna pay you on the short side, however, I will add this very late and valueless comment which is: $RUT exhibited tremendous relative strength yesterday compared to $SPX; $INDU and I did buy yesterday's $RUT close based on this with a wide stop knowing it could gap up or down. It was intended as a 1-2 day trade and my target has already been met so I'm out. I see some things potentially that might bear fruit on the short side, but nothing that would compel me to take the trade at this point.
Posted 02 March 2018 - 03:28 PM
3 stopouts in a row in the direction of the trend is quite unusual for me. Lost -11 points today. Not the first time. Done for the day.
Posted 02 March 2018 - 03:30 PM
shorted 2675 again with 2679.5 stop. Let's see how this one goes...
I think the swing trade is what is gonna pay you on the short side, however, I will add this very late and valueless comment which is: $RUT exhibited tremendous relative strength yesterday compared to $SPX; $INDU and I did buy yesterday's $RUT close based on this with a wide stop knowing it could gap up or down. It was intended as a 1-2 day trade and my target has already been met so I'm out. I see some things potentially that might bear fruit on the short side, but nothing that would compel me to take the trade at this point.
Well, i don't have a setup for a swing trade here. So gotta day trade until a swing trade shows up. Yesterday was great for day trading. Today was terrible.
Posted 02 March 2018 - 03:50 PM
took a shot at short at 2690/ stop 2695
Posted 02 March 2018 - 03:57 PM
well that was a fun 10 minutes, Mark warned us Premium subs that this would probably happen late day today, should have listened. It was worth a shot though
Posted 02 March 2018 - 04:16 PM
Friday, March 2, 2018
4.10 pm Update: The Master Cycles suggested a 3/2 Swing Low here:
http://timeandcycles...cle-update.html
To da Moon! (Where is Dacheif when you need him?)
https://www.youtube....h?v=9Hf1t_BXGfk
Edited by Rocketman, 02 March 2018 - 04:18 PM.
Posted 03 March 2018 - 10:26 PM
I am long in energy stocks.