Jump to content



Photo

i hope everybody is ready for monday


  • Please log in to reply
15 replies to this topic

#11 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 8,704 posts

Posted 02 July 2018 - 08:54 AM

 

One more dip pre-market or at the open then there should be a solid rally of more than just a few days.

 

 

Why ?

 

no gaps left open below the mkt this year now there are 7 above ....wadya think    675 ono



#12 NAV

NAV

    Member

  • Traders-Talk User
  • 15,956 posts

Posted 02 July 2018 - 11:12 AM

 

 

One more dip pre-market or at the open then there should be a solid rally of more than just a few days.

 

 

Why ?

 

no gaps left open below the mkt this year now there are 7 above ....wadya think    675 ono

 

There's one. May 30 gap at 2691.19 on the SPX.


Edited by NAV, 02 July 2018 - 11:15 AM.

"It's not the knowing that is difficult, but the doing"

 

https://tradernav.blogspot.com

 

https://twitter.com/Trader_NAV

 

 


#13 CLK

CLK

    Member

  • Traders-Talk User
  • 9,085 posts

Posted 02 July 2018 - 11:57 AM

I think tomorrow will be a better short, ES hourly MACD just now turning up, not a good spot. It could run up overnight and gap down again

just not willing to short before the fact yet. Also, shorting on neg. internals that are improving is no good either.



#14 CLK

CLK

    Member

  • Traders-Talk User
  • 9,085 posts

Posted 02 July 2018 - 03:01 PM

Can a trade get any more sure or safe than a gap down buy ? As long as the futures are oversold.  I didn't take it, I'm still rattled by my chunk loss Friday so for next time....


Edited by CLK, 02 July 2018 - 03:02 PM.


#15 alexnewbee

alexnewbee

    Member

  • Traders-Talk User
  • 1,072 posts

Posted 03 July 2018 - 12:03 AM

Great call Da_Chief, so far, thank you wink.png

thanks i guess u were ready for monday......and what call was that?

"Just hit 357 which for me is very bullish


Don"

This one.
"we do G.d's work" Lloyd Blankfein

#16 Waver

Waver

    Member

  • Traders-Talk User
  • 155 posts

Posted 03 July 2018 - 04:31 AM

CLK
5 wave decline pattern was completing from last week.

There was another dip and that was the low. Idealing a lower low was needed but didnt occur on DOW/SP, but did occur on the Nasdaq.

I think this rally/bounce has legs.