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ST sell, IT sell, crash window still open


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#1 dTraderB

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Posted 06 September 2018 - 09:44 AM

VERY BUSY session so far, even pre-cash session was quite active

 

Updated EXIT stops:

ST short: SPX 2892

IT short SPX 2897.2 

 

Still holding too many QQQ puts, will try to lighten 



#2 dTraderB

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Posted 06 September 2018 - 09:45 AM

SPX 2880 daily close is critical 



#3 ryanoo

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Posted 06 September 2018 - 12:10 PM

SPX may fill those many gaps below before the next IT up move.



#4 redfoliage2

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Posted 06 September 2018 - 12:22 PM

VST the market is in deep over sold conditions.  Watch out for a bounce on NAFTA news...................


Edited by redfoliage2, 06 September 2018 - 12:26 PM.


#5 qqqqtrdr

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Posted 06 September 2018 - 01:01 PM

Looking at McClellan Summation, it is relatively high....   Long term weakening in market internals with being a signature of a possible crash, which we don't have yet....