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ST long, IT long, rally losing steam


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#1 dTraderB

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Posted 17 September 2018 - 07:44 AM

An almost meaningless Friday session but SPX still managed to finish slightly up, with the rally losing steam or you can look at the cup is half-full: market is consolidating. 

 

Still ST & IT long, no matter how slow, boring, dull.... you got to go with the market, not against it.

 

ST long exit stop @ 2902,7

IT long exit stop @ 2897.3

 

Crash window still open, not going away until market proves otherwise

 

More talk of Hindenburg Omen but I really don't believe in that, the charts and sentiment are good enough for me.

 

Partly short, had a few good crude daytrades on Friday, long VXX, and looking to buy more QQQ puts. 



#2 redfoliage2

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Posted 17 September 2018 - 08:31 AM

I see the market will get a hit by this fast escalation of US China trade war in the week...............



#3 K Wave

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Posted 17 September 2018 - 09:22 AM

Going after AAPL hard again today, 2 days in a row now right after the big news...pretty much as expected...just gotta break and hold 220 now, and the decline into October should be underway in earnest.....

 

IF Hourly 900 MA fails to hold on NQ on this wave down....LOB


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#4 K Wave

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Posted 17 September 2018 - 09:50 AM

AAPL 2nd test of 220...about to let loose???

 

Looks an awful lot like a failure swing up after final high at this point from the 13th....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#5 K Wave

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Posted 17 September 2018 - 09:57 AM

Gotta love it..,.making a killing on NQ short while they painted the Dow this AM....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#6 K Wave

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Posted 17 September 2018 - 10:01 AM

And there's a 30 min close under 220 on APPL....now let's see if we get some acceleration....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#7 dTraderB

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Posted 17 September 2018 - 10:22 AM

IF - SPX makes a  new daily low below 2897 will be very bearish


Edited by dTraderB, 17 September 2018 - 10:22 AM.


#8 dTraderB

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Posted 17 September 2018 - 10:23 AM

There is no trade war, as yet, only trash talk

 

 



#9 K Wave

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Posted 17 September 2018 - 01:44 PM

bull not giving up 220 on AAPL without a fight....

 

see who wins out by end of day.....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#10 K Wave

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Posted 17 September 2018 - 02:34 PM

Rutro...AAPL just lost the "No Tariff" swing low....time to fasten those chin straps??


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy