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11/29


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#1 zoropb

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Posted 29 November 2018 - 06:55 AM

Good day traders.

 

Ah the morning after the party. Well it may be a dull grind down type of day. We may even give the pixie dust of the Fed all back today or a brief bout of insanity new little high but doubt it. I doubt I will be having to do much but sit all day unless they send it down real quick which I doubt after yesterday. Maybe at one point but who knows. Glad I read and vegetable garden on the slow times. In fact if you all saw me you would laugh as I am always in my garden clothes half dirty during the day. Not what you would picture a trader to wear.  Anyway enjoy the day and best of luck.  Any fed announcements today?      lol just kidding.

 

I adjusted the numbers from the action last night:

minimum correction 2719

Avg. zone low 2696+-5.75


Edited by zoropb, 29 November 2018 - 06:56 AM.

Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#2 zoropb

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Posted 29 November 2018 - 07:29 AM

I almost forgot the Fed minuetes today release at 2pm. lol


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#3 relax

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Posted 29 November 2018 - 07:59 AM

Zoro, there is a gap at 2794, where would that fit in your IT timing

 

maybe tomorrow/monday or after december 13....



#4 zoropb

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Posted 29 November 2018 - 09:31 AM

Maybe today. Tuff call but within reason of the day zone.  It be great if the market got one more high here. My mouth is watering for it :-) I doubt it though anytime hope comes in it usually goes against the hope lol.  Im sure it happens to you guys too. 


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#5 Waver

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Posted 29 November 2018 - 01:11 PM

Its playing with the downtrend line (connecting Octobers and Novembers high)

If that breaks, I can easily see 2774-2794 quickly.

#6 zoropb

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Posted 29 November 2018 - 01:40 PM

waiting on Fed again to sprinkle the dust.  

 

Upper targets 2746.25+-5.50 - 2769.25.  I hope they pop it. No complaints thought I would be chilling out but had a one real good scalp and  2 goods ones.

 

Watch the fake out one more up below the high too and then drop pretty good.  


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#7 zoropb

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Posted 29 November 2018 - 01:51 PM

good cash gap closed.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#8 zoropb

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Posted 29 November 2018 - 02:09 PM

Played the fake with a tight stop one tick off high dumped it at the lower 1 min BB. Improved to 2740.50.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#9 Waver

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Posted 29 November 2018 - 02:17 PM

New highs
Breadth improving
Downtrend line looks to be at about the previous high ~2748.50

#10 12SPX

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Posted 29 November 2018 - 02:32 PM

Hmmmm what do you think of the last hour?