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BULLS in control


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#1 dTraderB

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Posted 12 June 2018 - 06:53 AM

Bulls still in control, even with momentum flagging and signs of stalling but this could be consolidation for another leg up the next major swing hi 2802/05 zone.

My VIX and VXX are still on a BUY (SPX sell) and I will add to my rather paltry QQQ puts position. 

Will be out for most of the day on business matters. 



#2 robo

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Posted 12 June 2018 - 08:43 AM

Bulls still in control, even with momentum flagging and signs of stalling but this could be consolidation for another leg up the next major swing hi 2802/05 zone.

My VIX and VXX are still on a BUY (SPX sell) and I will add to my rather paltry QQQ puts position. 

Will be out for most of the day on business matters. 

Trying the VIX trade...  Beer Money Day-trading UVXY.....

 

Good trading.


“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore


#3 robo

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Posted 12 June 2018 - 08:50 AM


“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore


#4 robo

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Posted 12 June 2018 - 09:13 AM

Added some shares of GDXJ this morning...

 


“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore


#5 12SPX

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Posted 13 June 2018 - 09:03 AM

Such a quiet board today lol!!  Anyone have an opinion about the markets reaction to the Fed hike?



#6 robo

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Posted 13 June 2018 - 10:12 AM

Such a quiet board today lol!!  Anyone have an opinion about the markets reaction to the Fed hike?

My "guess" is sell the news based on the cycle data, put call ratio of retail traders, ROBO data, and the target price of the Boyz. A move below the 9 dma be close in my opinion. Will we gap up first?  We shall see!

 

Good trading!


“There is only one side to the stock market; and it is not the bull side or the bear side, but the right side”   Jesse L. Livermore