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Time for a "turnaround Tuesday"?


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#1 diogenes227

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Posted 10 September 2018 - 08:30 PM

From the link:

 

 

Quite impressive Tuesday performance as per his setup.

 

So what about now?

 

If one hasn’t guessed, Bergstrom’s set-up for tomorrow is in play. Today’s major indexes, represented by SPY, QQQ, and IWM all closed below their respective opening prices. So if he is right, tomorrow should be up, and possibly it could be the beginning the next market upswing to new highs.

 

For Bergstrom's discussion, the link to his charts, and more:

 

TURNAROUND TUESDAYS


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#2 trioderob

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Posted 10 September 2018 - 09:00 PM

yes  - tuesday will be an up day



#3 OEXCHAOS

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Posted 11 September 2018 - 09:04 AM

Picked off a nice profit for my VST day trading model. Working on one for my 10/10 model.

 

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#4 diogenes227

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Posted 11 September 2018 - 11:22 AM

My day trader still going...up 117 percent (at the moment).

 

Great to have had that bargain gap down on the open. yes.gif

 


"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).

“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”

 

"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."


#5 slupert

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Posted 11 September 2018 - 11:23 AM

Looking good so far. I am watching Soxx,  and bought some on the dip and QLD.  They aren't expecting much from FANG and some are expecting a FANG decline, so we need something to make up for this. Soxx gapped below the 50 this morning and so far has recaptured it

http://schrts.co/RSzk3q



#6 slupert

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Posted 11 September 2018 - 11:26 AM

Keeping with the replacing Fang theme, no chart damage in XLF and in a bull flag,  http://schrts.co/TwE7ou