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Bearish Engulfing signals more down but resilient BULLS fight back


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#11 dTraderB

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Posted 12 June 2019 - 07:19 AM

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SPY - a measured down move may be bullish for the markets - inverse head and shoulder (Bullish) with the neckline established yesterday. Fill the gap left behind in green and reversal, please ??

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5:02 AM - 12 Jun 2019


#12 dTraderB

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Posted 12 June 2019 - 08:55 AM

David Larew

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VIX and the MACD - S&P 500 looking like more up or like October highs?? A close above 17.10 with the VIX is pretty negative. A close under 15.12 positive for the markets.

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5:59 AM - 12 Jun 2019

 



#13 dTraderB

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Posted 12 June 2019 - 08:58 AM

OK, time running out for the BEARS.... go to send this below SPX 2860 today or else the bull is back on track to take it above 

record highs. I am extraordinarily hesitant about trades during the past few days....happens when the market is also confused and hesitant, could be a major change in direction coming. 

But, I managed to buy 4 QQQ SEP puts... pitiful amount but it is a start

 

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S&P 500 Record High Percent - Lagging chart - But pretty good at TOPs

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5:51 AM - 12 Jun 2019


#14 dTraderB

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Posted 12 June 2019 - 10:59 AM

STRANGE market 

 

SPX down 10, VIX hardly moves; ditto for VXX

 

Bias is down but I do not trust this market!

 

Would not be surprised to see it zoom up 25 SPX points later



#15 dTraderB

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Posted 12 June 2019 - 01:19 PM

dull boring day

This may cause some movement:

 

Hu Xijin 胡锡进 @HuXijin_GT
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As far as I know, China's state media will publish more heavyweight commentaries criticizing the US & demonstrating China's determination. It's rare to see scathing attacks against the US in state media. This shows Beijing is preparing for China-US ties getting further worsening.

11:15 AM - 12 Jun 2019