Just can't go LONG this market!
Will look to short S&P, and also NQ after that blistering record move up.
Not going long for a few hours.
LONG-o-phobia, looking to short
Started by
dTraderB
, Mar 13 2018 09:13 AM
6 replies to this topic
#2
saltlake
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Posted 13 March 2018 - 10:35 AM
2778 seems like a nice spot for a daytrade long with a 10pt stop, might get 12 handles
#3
dTraderB
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Posted 13 March 2018 - 10:48 AM
Yeah, looking for a bounce off 74/78, if it gets there
After the Friday gap up and continuation yesterday & today, the market may need some time to digest all this before resuming uptrend or reversing.
#4
CLK
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Posted 13 March 2018 - 11:49 AM
Short term might be up but I added to short on this bounce. News failed, so why would tomorrow be up ?
#5
dTraderB
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Posted 13 March 2018 - 12:01 PM
Yeah, this looks toppish, with a turn today or tomorrow, especially since NASDAQ has led the way down today.
It could be an IT top has been made in the equity markets.
#6
CLK
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Posted 13 March 2018 - 01:05 PM
Took half off. I wish I could find a bear market to trade. I can't short bitcoin so that's out.
#7
dTraderB
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Posted 13 March 2018 - 02:28 PM
Potential DAILY REVERSAL candles, work in progress with 30 minutes remain in regular session
