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Bear Update


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#1 RagingSpartan

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Posted 20 November 2018 - 08:38 AM

25 handle this week.

#2 tradesurfer

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Posted 20 November 2018 - 09:00 AM

Wow. That is an aggressive forecast.  Who would have thought ?   During TG week.

 

But Friday has 75% odds of being an up day.... one day bounce ?



#3 K Wave

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Posted 20 November 2018 - 09:34 AM

This looks like a breakaway on DJI...

 

Boeing...wow what a wipeout, after seeming almost invincible just a few days back....


Edited by K Wave, 20 November 2018 - 09:38 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

 

 


#4 RagingSpartan

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Posted 20 November 2018 - 10:12 AM

Close on the lows

#5 cycletimer

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Posted 20 November 2018 - 12:34 PM

Close at the HOD today, UP day tomorrow and Friday.

#6 12SPX

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Posted 20 November 2018 - 12:46 PM

Close at the HOD today, UP day tomorrow and Friday.

Im thinking the same!  Close will be important as other intraday rallies have ben met with selling at the close,, be interesting to see what happens!


Edited by 12SPX, 20 November 2018 - 12:46 PM.


#7 RagingSpartan

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Posted 20 November 2018 - 01:13 PM

All rallies are to be sold. The rally attempt this morning was another gift.

#8 K Wave

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Posted 20 November 2018 - 01:28 PM

All rallies are to be sold. The rally attempt this morning was another gift.

 Yep...That breach of 10,400 on Trannies today is BIG....likely we go pretty much straight to 9800 area before any real significant bounce...

 

Crude continuing its collapse after getting rejected at 58 area...


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

 

 


#9 beta

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Posted 20 November 2018 - 01:41 PM

2580.   May fill the AM gaps first.


Edited by beta, 20 November 2018 - 01:45 PM.

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#10 cycletimer

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Posted 20 November 2018 - 05:03 PM

Close at the HOD today, UP day tomorrow and Friday.

Im thinking the same!  Close will be important as other intraday rallies have ben met with selling at the close,, be interesting to see what happens!

Ouch! I bought $SPX Dec. 2700 calls on the oneness this AM and still holding, plan to they Friday. This trade will test my patience and resolve.