Who else shorted the highs yesterday ? Plenty of bulls posting after the run up.
Bullish close ?
#1
Posted 31 May 2018 - 09:11 AM
#2
Posted 31 May 2018 - 12:23 PM
Just wating for Da Fib or the Cheaf to appear - for short signal to get triggered.
#3
Posted 31 May 2018 - 12:58 PM
If you're always watching over your shoulder, then you have no strategy. In poker, looking over your own shoulder doesn't avail to what hands they're holding.
#4
Posted 31 May 2018 - 01:24 PM
Welp... I'm still bullish, and here's what I see at this juncture...
Link to chart: https://postimg.cc/image/5toup4c61/
#5
Posted 31 May 2018 - 01:28 PM
just fun. don't worry.
#6
Posted 31 May 2018 - 01:28 PM
Welp... I'm still bullish, and here's what I see at this juncture...
Link to chart: https://postimg.cc/image/5toup4c61/
short big 2750-770
#7
Posted 31 May 2018 - 01:34 PM
I usually see wave 2's as 80% pullback.
#8
Posted 31 May 2018 - 03:22 PM
Who else shorted the highs yesterday ? Plenty of bulls posting after the run up.
I didn't short the close on Wed., but I bought a little SDS on Tuesday. The bounceback on Wed. was strong, but I held to see what happened today. Net, I'm down a little, waiting for Friday.
Blogging at http://RichInvesting.wordpress.com
My swing trades typically last a couple of weeks to a couple of months.
#9
Posted 31 May 2018 - 05:58 PM
I usually see wave 2's as 80% pullback.
Wave-ii can be anywhere from .146 - .886, with .382 and .618 being most common, though there are also running wave-ii's to a net gain. The reason I labeled as such, is due to coming out of the contracting diagonal triangle... a back-test to the top of the DTL seemed necessary, and two tests have held, so it seems a successful wave-ii is complete... at least at this time.
#10
Posted 01 June 2018 - 01:46 AM
I think it's best for the summer to just day trade the gaps, any breakout will likely go a little more then turn back, so there will be too much chop for swing trading if history is any guide.