6 replies to this topic

[AChartist]

it should have a drop for about 3-4 weeks maybe to level of Feb 5 high but quite good after,

 

I usually dont care about shorter term things, just lining up the next buy. Daily chart is much better

 

and should keep it contained. It seems like a series of sawtooths up for quite a while with 12 week cycle.

 

 

[robo]

LOL....  I bet some posting here rode the entire move down. That was over 25% for IWM....  I follow a few that rode the move down using triple leverage. LOL... They are probably paper trading in my opinion.   The move up for small caps sure has been a good one, but the Risk/Reward is not as good as the December lows now. So I remain flat VXF. However, VXF remains in a uptrend above the 10 and 20 DMA and it sure looks pretty if you are a Bull...

 

I trade VXF only in my 401k and the trades are free at Vangaurd.

 

Good Trading and watching to see how the next DCL plays out.... The trend remains up..... Up over 25% from the lows, and the VIX is under 14 again.... (13.50ish)

 

https://stockcharts....04c&a=647929586

 

https://stockcharts....96c&a=648019809

Edited by robo, 23 February 2019 - 03:47 PM.

[robo]

For the record: I don't know what the market will do next. However, I trade based on a set of odds,  and then use those odds to determine a Risk/Reward level before placing a bet. I'm not an investor and trade VST or ST only trades most of the time....  The data I use for determining this is based mainly on cycles and sentiment, and a few other tools.  I held a few weeks coming out of the December lows, but that doesn't happen very often. I use only VXF to MT trade. NO leverage or time decay junk! 

 

 

 

 

Good Trading.

Edited by robo, 23 February 2019 - 04:01 PM.

[AChartist]

well these cycles arent exact, the confilct is daily pretty good but a weekly low in 3-4 weeks,

in a bullish cycle the low can come abrupt and late so it this week is up should still be some pullback

later.

i probably wont do anything but look for a buy with 401k cash accumulation in a few weeks.

The look of cycles is up-down-up zig zag for a long time should be lots of fake top buys all year.

My idea for 401k deposits in cash and buy short drops should work all year but not really any other trading.

[robo]

As long as VXF remains above the 10 and 20 DMA you just have to let it run Brother. The trades are free at Vanguard so I can buy and sell when I want to as we continue moving up. Those trend lines are the reason one can say the trend is your friend and in this case it is very true.  It's a very nice looking move up off of the lows.... It remains in a Bullish trend, but we are getting late in the cycle and the Risk/Reward is much higher now. Still, one should have remained long and reduced their position size some as we moved up.    That works for those of us that BTFD,  but many rode the entire move down.  The weekly move still has a long way to go, but I think we will start moving sideways more in the months ahead. However, it doesn't matter as long as the 10 and 20 DMA remain in a Bullish alignment, and they are for now.I use the KISS system and I have NO IDEA or care to make guesses on the next move. What I do know is the Risk/Reward is getting higher, that the trend remains up, so I'm placing smaller bets.  The odds say down, but the market does not care as it keeps moving higher from the BTFDers and the FOMO dumb money.   ( Some huge buy programs remain in play)  It doesn't matter who is buying, but these dips are being bought.

 

Good Trading.  

 

Data on my chart....

 

https://stockcharts....35c&a=648136050

Edited by robo, 24 February 2019 - 09:01 AM.

[robo]

The next rungs up, and markers to clear   2800.18  - 2815.15 - 2816.94.  The trend remains up.....   Gaps left behind.....

 

https://stockcharts....00c&a=648358915

Edited by robo, 25 February 2019 - 09:14 AM.

[robo]

Will we close below 2800.18?  The trend remains in a Bullish uptrend, but I'm watching for lower highs. So far the BOTS got this, and it's doubtful.... No guessing required just wait and see how it plays out.

 

Waiting to see how the next marker prints...

 

https://stockcharts....00c&a=648358915

 

http://www.wsj.com/m...-moneyflow.html

Edited by robo, 25 February 2019 - 11:48 AM.