I picked up EEM, GDX, GDXX and SIL. It’s a lower usd play as well as contrarian trade. I’m awaiting a setup on SPX before trading equities, it could be a short or a long play, not sure yet.
SPX Target: 2768/70 By July 24
Started by
blustar
, Jul 22 2018 06:23 PM
24 replies to this topic
#12
blustar
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blustar
Posted 23 July 2018 - 12:39 PM
Oops,my bad. FOMC is August 1. My wave/cycle system says a top Wed/Fri with Thursday the center this week. Next week is down.
#13
SemiBizz
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Volume Dynamics Specialist
Posted 23 July 2018 - 12:41 PM
Oops,my bad. FOMC is August 1. My wave/cycle system says a top Wed/Fri with Thursday the center this week. Next week is down.
Very unusual for them to have their meeting intersect with the EOM rituals and I guess the Jobs Report that Friday....
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#14
blustar
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blustar
Posted 23 July 2018 - 02:05 PM
Target hit: SPX 2808!
#15
CLK
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Posted 23 July 2018 - 03:13 PM
Added QQQ ahead of GOOG earnings. July 2017 gap down didn't affect the Nasdaq, a gap up would though.
I would have bought GOOG call but at 3k per not interested, usually deflates by half no matter which way it goes unless the move is big enough to overcome the drop in premium.
Edited by CLK, 23 July 2018 - 03:13 PM.
#16
blustar
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blustar
Posted 23 July 2018 - 03:16 PM
Downside target is 2769-76 for Tuesday. There is a gap that could be covered between SPX 2774/75
#17
trioderob
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Posted 23 July 2018 - 09:21 PM
Tuesday will be an up day
#18
blustar
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blustar
Posted 23 July 2018 - 11:00 PM
Looks like 2770 wont happen until Wed. The solunar cycle inverted so that Tuesday will be high and Friday the low. This means the final low will be August 1
#19
NAV
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Posted 24 July 2018 - 12:49 AM
The end of the year into around January 21, 2019 looks choppy with a down bias.
End of the year into first week of January, i see calm blue waters and white sandy beaches. And some bikini clad beauties.
#20
cycletimer
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Posted 24 July 2018 - 09:09 AM
sams
The end of the year into around January 21, 2019 looks choppy with a down bias.
End of the year into first week of January, i see calm blue waters and white sandy beaches. And some bikini clad beauties.
Same here NAV, spending Xmas in St. Lucia with my bride of 12 years, Xmas eve is our anniversary and what better place to celebrate it.
