4 replies to this topic

[dTraderB]

Crash window opens a bit wider as market grinds higher, trend is up, and both ST & IT buys have been triggered. 

 

ST long stop @ SPX 2862,  IT long stop @ 2851

 

An important top is being formed, I could be wrong but don't think so. Market action in first two weeks of September post-Labor day will be very important.

[dTraderB]

DP Weekly Wrap: SPY New All-Time Highs; Crude New BUY Signal; Has Gold Bottomed?

https://stockcharts....d-bottomed.html

 

[dTraderB]

Partly SHORT

Looking to buy VXX with a 27 handle, probably when the SPX session opens

Also, QQQ puts, deep in the money, at least 2 expirations away

Edited by dTraderB, 27 August 2018 - 07:01 AM.

[dTraderB]

https://stockcharts....on-economy.html

[dTraderB]

 On Friday, the Dow finally saw its weekly PMO cross above its signal line and trigger a long awaited BUY signal. The SPX also added a new PMO BUY signal on its daily chart on Friday. Today, the OEX generated a ST PMO BUY signal. I had thought the NDX would come through with a PMO BUY signal of its own, but it just barely missed the crossover today.

http://stockcharts.c...pxndx-lags.html