Member
Posted 26 June 2018 - 08:23 AM
With the tight range up in RUT, this break is not going to reverse immediately like many are looking for.
SPX should at least hit 2600 if not the lower channel. The hourly can do anything though, but I think you
have to try to carry some portion of a short position here.
Member
Posted 26 June 2018 - 08:41 AM
Bought the July 27 275P.
Member
Posted 26 June 2018 - 03:43 PM
With the tight range up in RUT, this break is not going to reverse immediately like many are looking for.
SPX should at least hit 2600 if not the lower channel. The hourly can do anything though, but I think you
have to try to carry some portion of a short position here.
Interesting... I have a slightly different perspective on the SPX at this time... I think the running wave-ii will be complete this week and a move to ~3000 will begin... then another IT pause.... time will tell!
Link to chart: https://postimg.cc/image/640n1l5w9/
Member
Posted 27 June 2018 - 07:07 AM
Crashes, not bear markets, can occur with or without a NYAD divergence. There is a pattern in this chart
leading up to 1987.
Member
Posted 27 June 2018 - 08:38 AM
Added to short on the open for Friday. Internals signal.
Member
Posted 27 June 2018 - 09:22 AM
Added long by mistake, makes up for the other day doing the same thing and lost. I still think the initial internals signal has to get paid today,
would like to see a big pullback into 11am.
Member
Posted 27 June 2018 - 10:28 AM
Added to IT short out to July 6th around 2735. I don't like the way they waited until right after 11am.
Member
Posted 27 June 2018 - 12:20 PM
This has a high possibility of a crash soon. I'm not covering one dime, in for 25% of my account.
Member
Posted 27 June 2018 - 01:11 PM
Hourly has turned back down, added to short and Friday hedge to carry overnight, now about 30% short.
Expecting acceleration to the downside into the close from here.
Member
Posted 27 June 2018 - 03:34 PM
Taking a break from posting, it helps keep me focused but I sometimes lose faith in my signals and
also because of that I'm not aggressive enough with my money management, I should have been at
least half in at the top and out on close, instead I'm carrying a mediocre gain overnight after a washout.
I should be running a subscription service, no day job and less than 10k account, I can't afford to be
wrong much. Few if any would sign up though, I guess when I post a million dollar account they will
be interested, too late then, don't need the money.
