26 replies to this topic

[dTraderB]

But, this is a very strong rally...... and looks like more and more buyers coming in, afraid to miss the boat.....

I hope this volatility never goes away, look at this great one minute ESM chart, a day-traders delight; am now waiting on either another leg up or reversal from 2650

 

[dTraderB]

VXX may close below 39 today (yeah, 39 handle) if SPX closes above 2650

I will buy a 39 handle VIX

[NAV]

Today we turned the ST trend to upside. If we break above SPX 2683 and then 2700, then it would be confirmation that a medium term rally has begun. If that happens, then VIX would implode and daytraders will go back to their dens, not to be seen around. It will be the low VIX, directional uptrending move like 2017.  But one step at a time.

Edited by NAV, 04 May 2018 - 10:03 AM.

[K Wave]

Thus far, this looks like big time launch off thorough 200 day test....

 

ES 2625 battle zone is now HUGE pivot going forward....buy the dips until it is broken....this move could last a while...

 

And IF ES 2625 does get taken out now, then would be sign of big failure on bulls part, with massive air gap on the daily chart below....

[dTraderB]

Yeah, agree, any close above the 20ma will be very bullish and lead to the 50ma and then above 2700.

Of course, any major geopolitical or domestic political shock will change all that. 

NAV, lower volatility means I have to go back to the 5-minute charts. 

 

Here's how the daily ES candles are looking at this time as the market consolidates around 2645/50

[NAV]

 

 

NAV, lower volatility means I have to go back to the 5-minute charts. 

 

If the VIX drops to low teens or below 10, then the only way to make money is either swing or positional trading. Day trading will suck.

 

2018 so far has been one hell of a day traders and swing traders market and positional traders have made virtually nothing. That is going to change, if we start a trending directional move. You will start seeing superman vest in a lot of posts.

[K Wave]

After a weak dead cat bounce towards the broken 120 level, TLT now takes aim on the key 118 level.

 

If that goes, then that would be most likely place for potential crash wave to get under way...

[da_cheif]

After a weak dead cat bounce towards the broken 120 level, TLT now takes aim on the key 118 level.

 

If that goes, then that would be most likely place for potential crash wave to get under way...u

u worry 2 much....every year spring time is just that ....down and spring up 

[Harapa]

Short VXX @ 42.15...3% S/L

 

Declaimer: For entertainment only.

S/L adjusted to Breakeven.

[dTraderB]

Yeah, quick look at 5-yr daily TLT chart shows it's near that doible-bottom 116 to 117  -- if it breaks that then there's a long down to 110 and 05.  

YIELDS will be very high, relatively speaking

Edited by dTraderB, 04 May 2018 - 11:04 AM.