staying on the sidelines around this SPX 200ma and NQ 7000
My best day since Oct 2008.... dead cat bounce now?
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...
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
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
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....