Member
Posted 18 October 2018 - 10:44 AM
At this stage, it's very important that you don't get distracted and remain focused on what is truly meaningful.
Fib
The sky?
Who knows?
But the one thing we do know is that things are not as bad as many make them out to be...there's a difference between a change in trend and a good old fashioned shake out.
Fib
Better to ignore me than abhor me.
“Wise men don't need advice. Fools won't take it” - Benjamin Franklin
"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw
Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.
Technical Watch Subscriptions
Member
Posted 18 October 2018 - 10:48 AM
wow !
a striaght line down SHORt trade!
Member
Posted 18 October 2018 - 11:04 AM
may get a ST low around here, ES 2760/2770; any break below ES 2760, with a daily close below 2735, triggers the real crash
Member
Posted 18 October 2018 - 11:06 AM
Liq all QQQ puts except 3
Member
Posted 18 October 2018 - 11:19 AM
At this stage, it's very important that you don't get distracted and remain focused on what is truly meaningful.
Fib
The sky?
Who knows?
But the one thing we do know is that things are not as bad as many make them out to be...there's a difference between a change in trend and a good old fashioned shake out.
Fib
The 200 day moving average is being challenged. We will soon find out if this is a change in trend.
Member
Posted 18 October 2018 - 12:30 PM
Perfecto.
rare straight line down NQ short trades
Member
Posted 18 October 2018 - 01:01 PM
tipping point buy didn't save the market
Member
Posted 18 October 2018 - 01:05 PM
Not seeing any major capitulation or panic by bulls, so far.
VIX and VXX have NOT spiked up as was the case in previous big down days
Will not be suprised at any of these two outcomes by end of day:
SPX reverses to close above 2800
OR
SPX tests the important 2700 level
Member
Posted 18 October 2018 - 01:08 PM
Hammering a bottom, or false bottom?
Member
Posted 18 October 2018 - 02:02 PM
ES good bounce, so far.....
