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Short from 2904 es


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#11 SemiBizz

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Posted 28 August 2018 - 09:33 AM

Nasdaq touched that Lower Trump Rally Channel Uptrend Line this morning and spit it out first time...

 

I have higher targets on this.

 

Picture says it all... that line stopped it dead in it's tracks...

 

nasdaq082818morndaily.thumb.JPG.8759b02a


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Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

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#12 SemiBizz

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Posted 28 August 2018 - 09:34 AM

Way I see it, if the VIX trade long works, everything else is fairly easy...

 

So cut to the chase and try to nail that one.

 

If we get stopped out on that one, then no sense looking around at it...

 

When that trade works everything else works...

 

No reason to fight it.


Edited by SemiBizz, 28 August 2018 - 09:35 AM.

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

#13 CLK

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Posted 28 August 2018 - 09:49 AM

ES has more downside, MACD in bearish hourly setup.



#14 12SPX

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Posted 28 August 2018 - 09:51 AM

 

Nasdaq touched that Lower Trump Rally Channel Uptrend Line this morning and spit it out first time...

 

I have higher targets on this.

 

Picture says it all... that line stopped it dead in it's tracks...

 

nasdaq082818morndaily.thumb.JPG.8759b02a

 

Did you not see the post on how lines rule, or actually they don't there just there for indexes to blow through so your wasting your time drawing them lol!!



#15 SemiBizz

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Posted 28 August 2018 - 09:53 AM

See that's the beauty of lines... set and forget... I drew those lines more than a year ago... and they just update for me...

 

Now there is something interesting here, on my extended chart that reveal some very interesting characteristics

 

of the behavior of Nasdaq in and around those lines...

 

But I'll let you draw them and draw your own conclusions !


Edited by SemiBizz, 28 August 2018 - 09:53 AM.

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

#16 CLK

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Posted 28 August 2018 - 09:58 AM

ES has more downside, MACD in bearish hourly setup.

 

 

My system won't turn down until 2880, short hasn't paid much lately, maybe 30 points, so may just wait for the next correction and then turn back up.



#17 zoropb

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Posted 28 August 2018 - 09:59 AM

Getting the house ready with my wonderful hired help, my daughter is coming for a visit tomorrow for a bit after a year no see, so dinner is on her since I got out of the trade early. lol    Running around like a mad man today.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#18 SemiBizz

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Posted 28 August 2018 - 10:09 AM

Are you still hanging down in C.R. ? 

 

Last time we landed at Liberia and toured that Guanacaste area...

 

Nice real estate in those parts...


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

#19 zoropb

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Posted 28 August 2018 - 10:35 AM

Yep but in the central valley mountains. Best climate in the world.  1.25 hours from Pacific and 2 hours from Atlantic. 50% agro country. Oh yeah and better yet... we show a 5% increase in population on the arms company population projections unlike 70% drop in US 80% in UK, Germany, and about half on the rest of the EU by 2025. 


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#20 SemiBizz

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Posted 28 August 2018 - 10:43 AM

VIX peeked into the GREEN...

 

We'll see what they got here...


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