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Market Priced for Perfection, in STRONG RESISTANCE ZONE


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#11 dTraderB

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Posted 25 February 2019 - 09:27 AM

VXXB now below 30

 

May open a small exploratory LONG position today, and then decide if to add



#12 dTraderB

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Posted 25 February 2019 - 09:28 AM

 

Watching as the move up continues......  Will the VIX hit 12ish this week or is it about to start moving up?  We shall see......

 

Good Trading!

 

The Air Is Getting Thin

The stock market’s winning streak continues.

We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…

https://www.jeffclarktrader.com/

 

 

12 is possible but may require another day or two

 

Still not getting a trigger on my VIX hourly & daily BUY



#13 dTraderB

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Posted 25 February 2019 - 09:29 AM

SHELL, CHEVRON, BHP, BIOTECH ETF holdings 

 

Will try to eke out another 1/2 to 1% overall Portfolio gain

 

but will be closing some or all today

 

RAISING CASH.... lots of it



#14 dTraderB

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Posted 25 February 2019 - 09:46 AM

Still, there is talk of "bear market rally".... from real experts, not fake ones! 

 

But, this has been a V-shaped rally ... big rally... .. that is now near its end, and 

it does not mean the market will make new 2019 lows BECAUSE this was  bear market rally!

 

It is somewhat useless to describe this as a bear market rally since you have to go down a long long way to resume a bear market...

 

got to go now! 



#15 typicalbear

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Posted 25 February 2019 - 09:48 AM

 

Watching as the move up continues......  Will the VIX hit 12ish this week or is it about to start moving up?  We shall see......

 

Good Trading!

 

The Air Is Getting Thin

The stock market’s winning streak continues.

We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…

https://www.jeffclarktrader.com/

 

 

I believe it's important at this time to look at the rally of 8/21/17 to 1/26/18.



#16 robo

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Posted 25 February 2019 - 09:59 AM

 

 

Watching as the move up continues......  Will the VIX hit 12ish this week or is it about to start moving up?  We shall see......

 

Good Trading!

 

The Air Is Getting Thin

The stock market’s winning streak continues.

We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…

https://www.jeffclarktrader.com/

 

 

I believe it's important at this time to look at the rally of 8/21/17 to 1/26/18.

 

Watching these markers, (2800.18  - 2815.15 - 2816.94)  and looking at the gaps that will be filled once we move down into the DCL.... VIX creeping higher....

 

Waiting to see how we close.....

 

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


Edited by robo, 25 February 2019 - 10:00 AM.


#17 slupert

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Posted 25 February 2019 - 10:02 AM

 

Replying to @sentimentrader

Yup there will be no one left to buy and just sellers. This is actually really bearish

 

David Brady, CFA @GlobalProTrader
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Another wonderful data point to add to the following... Short interest at the lowest level since 2012 and prior to that, "2007". CTAs fully loaded on the long side. Negatively divergent higher close today from an RSI, MACD, and DSI perspective. Dump imminent?

D0DgOoEXcAUBHIP.png
5:52 PM - 22 Feb 2019

 

I noticed that divergence as well, gains are news driven on news that may have inadequate substance, One day they'll gap it up but there will be nothing but air underneath. I'm still short via qid, and underwater so far.Jmho



#18 slupert

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Posted 25 February 2019 - 10:04 AM

 

 

 

Watching as the move up continues......  Will the VIX hit 12ish this week or is it about to start moving up?  We shall see......

 

Good Trading!

 

The Air Is Getting Thin

The stock market’s winning streak continues.

We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…

https://www.jeffclarktrader.com/

 

 

I believe it's important at this time to look at the rally of 8/21/17 to 1/26/18.

 

Watching these markers, (2800.18  - 2815.15 - 2816.94)  and looking at the gaps that will be filled once we move down into the DCL.... VIX creeping higher....

 

Waiting to see how we close.....

 

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

 

I just added some APR puts. JMHO)



#19 robo

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Posted 25 February 2019 - 10:13 AM

 

 

 

 

Watching as the move up continues......  Will the VIX hit 12ish this week or is it about to start moving up?  We shall see......

 

Good Trading!

 

The Air Is Getting Thin

The stock market’s winning streak continues.

We’re eight weeks into 2019, and we’ve seen eight straight weeks of higher stock prices. The S&P 500 is up almost 12% in less than two months. The momentum is strong. The price action is undeniably bullish. And it feels like stock prices will just keep pressing higher, forever. But, the air is getting really thin up here. Take a look at this updated chart of the S&P 500…

https://www.jeffclarktrader.com/

 

 

I believe it's important at this time to look at the rally of 8/21/17 to 1/26/18.

 

Watching these markers, (2800.18  - 2815.15 - 2816.94)  and looking at the gaps that will be filled once we move down into the DCL.... VIX creeping higher....

 

Waiting to see how we close.....

 

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

 

I just added some APR puts. JMHO)

 

The trend remains up for now Brother....

 

Looking for my VXF sell signal, but the DMAs still look good. Another gap up that will get filled during the next DCL in my opinion.....

 

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

 

Good Trading!



#20 dTraderB

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Posted 25 February 2019 - 11:21 AM

A fond farewell to my BHP ADR holding. 

 

I wished I had bought this earlier in 2018 but am thankful for a nice run & profit