Prudent to cover 1/2 shorts here
Bear Update
Started by
RagingSpartan
, Dec 20 2018 02:22 PM
4 replies to this topic
#2
kssmibotm
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Posted 20 December 2018 - 05:32 PM
Well done, RS.
People think the Holy Grail is something looked for but never found. In fact, it is something often found but rarely recognized.
#3
kaiser soze
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Posted 20 December 2018 - 06:08 PM
Full credit to RS. Ballsy trader. It took a strong stomach to be short ES through all the late Oct & Nov gyrations.
#4
gm_general
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Posted 20 December 2018 - 06:37 PM
I looked ahead at SPX MACD - we are a smidgeon from the support line - to get to close at the line tomorrow it has to close flat to down a few points on the index, the MACD will be low 60s then. Next to maintain the support line Monday it has to go up big. If it does not, and it breaks below the support all bets are off.
#5
RagingSpartan
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Posted 20 December 2018 - 08:56 PM
Tomorrow is Friday and we all know Friday's are down in bear markets.
