staying on the sidelines around this SPX 200ma and NQ 7000
My best day since Oct 2008.... dead cat bounce now?
Started by
dTraderB
, Oct 10 2018 07:18 PM
16 replies to this topic
#12
K Wave
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Posted 11 October 2018 - 10:39 AM
Approaching 12,400 target zone on NYA....
Bulls in big trouble if that don't hold....could turn into full scale crash...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#13
dTraderB
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Posted 11 October 2018 - 11:11 AM
My daytrading NQ bias is long once we stay above 7000
Hesitant to trade short near or below that since I still have a few QQQ puts and the market seems to be TRYING to make a bottom here, temporary maybe
#14
dTraderB
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Posted 11 October 2018 - 11:13 AM
SPX 200ma has been tested successfully, so far.
It could be retested again today or tomorrow or.....once SPX closes below 2802
#15
dTraderB
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Posted 11 October 2018 - 11:26 AM
SPX 2792 is an important intraday resistance level
#16
dTraderB
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Posted 11 October 2018 - 02:22 PM
THAT WAS THE low!
#17
K Wave
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Posted 11 October 2018 - 02:26 PM
A dip under 12400, and now we see what bulls have....
that looks like big time pivot on NYA now.....bulls do not want to see that broken....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
