Taking profit now is the smart decision, I believe.
8/28 + 1 day , bradley day -- top of this up swing.
Started by
q4wer
, Aug 29 2018 01:34 PM
8 replies to this topic
#2
LMF
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Posted 29 August 2018 - 01:50 PM
I use a good moving average cross on TQQQ 1 minute charts to tell me when it's overextended......like it has been yesterday and more today. Max I would normally see without a cross is 5 full trading days, but yesterday was the 6th day and #7 today if it continues to hold up like this. And already saw a 7 trading day stretch to start August. The corrections get more wild in this mode.
#3
CLK
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Posted 29 August 2018 - 03:13 PM
Opened a small short here after the close, looks like a good spot with divergence.
#4
q4wer
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Posted 29 August 2018 - 03:18 PM
I just bet tomorrow is a big down day, but after that bulls continue ...
#6
CLK
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Posted 30 August 2018 - 10:11 AM
They will wring every dime from bulls before they let it go, got to love the fake rallies.
#7
CLK
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Posted 30 August 2018 - 11:58 AM
Closed short for breakeven, should have traded the 5 min. today
#8
CLK
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Posted 30 August 2018 - 02:05 PM
That one hurt, close right before the dump, must be Trump again.
#9
q4wer
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Posted 30 August 2018 - 06:22 PM
Well, today is a down day!!! despite a tipping point buy signal at 4/1 
