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And here we are


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#1 Bearearns

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Posted 06 February 2019 - 02:04 AM

As I stated in last post I thought we were in overall IT bull. I think market is ultimately headed to 2860-80 spx, but recently we hit some signs of resistance. I expect us to pullback to 2688ish before resuming higher.

 

spx%2Btl%2Bchannel.png

 

 



#2 OEXCHAOS

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Posted 06 February 2019 - 04:51 PM

I suspect that we get two legs down shortly, then head higher.


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#3 Dex

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Posted 06 February 2019 - 09:28 PM

I suspect that we get two legs down shortly, then head higher.

 

 

What is a leg?


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#4 Bearearns

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Posted 07 February 2019 - 11:57 AM

And  now resuming up



#5 OEXCHAOS

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Posted 07 February 2019 - 02:30 PM

 

I suspect that we get two legs down shortly, then head higher.

 

 

What is a leg?

 

 

A segment of the move, undisturbed by a meaningful counter-move reaction.

 

M


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#6 Dex

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Posted 07 February 2019 - 02:58 PM

 

 

I suspect that we get two legs down shortly, then head higher.

 

 

What is a leg?

 

 

A segment of the move, undisturbed by a meaningful counter-move reaction.

 

M

 

Thanks, 


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#7 Bearearns

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Posted 12 February 2019 - 01:36 PM

And 2746.5 spx good area to reduce longs

#8 Bearearns

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Posted 19 February 2019 - 10:07 AM

I believe we made a short term top of some capacity here. Might just be a one or two day wonder. Wrong above 2783 es

#9 Bearearns

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Posted 19 February 2019 - 12:24 PM

Maybe top this afternoon now. Setup expires today

#10 CLK

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Posted 19 February 2019 - 01:28 PM

Hedges can zero out here as well.