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Stunning reversal as Bulls came back from the dead ....can shocked bears recover?


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#21 dTraderB

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Posted 24 October 2018 - 10:25 AM

That was a test. 

 

After that, any break of today's low is the real thing: Crash.



#22 RagingSpartan

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Posted 24 October 2018 - 10:27 AM

I agree. Looking for 2500 on a break here.

#23 redfoliage2

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Posted 24 October 2018 - 10:28 AM

That was a test. 

 

After that, any break of today's low is the real thing: Crash.

I agree, a crash is pending for the next few days.  Could be today though.



#24 RagingSpartan

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Posted 24 October 2018 - 10:34 AM

I see an ugly hard down close today

#25 dTraderB

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Posted 24 October 2018 - 10:44 AM

Two long NQ exploratory trades- one loser, one trivial gain, will try again, but want to catch any NQ move down

 

Double-bottom on 5m ES

 

Break of lows today ES 2704 can be extremely bullish

 

NQ 7000 important level, going back a few weeks.



#26 dTraderB

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Posted 24 October 2018 - 10:45 AM

Yeah a break below yeterday's low brings crashing waves.....

 

Markets also skittish because of "explosive devices" issue



#27 dTraderB

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Posted 24 October 2018 - 11:00 AM

ah, success!

 

exited 2 of 4 lots NQ long, trail stop 4 points other 2

 

Tight but I'd rather exit and take another trade than give up too much profit

 

 



#28 dTraderB

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Posted 24 October 2018 - 11:06 AM

Be ready for any reversal down, it could be swift and sudden!



#29 dTraderB

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Posted 24 October 2018 - 11:09 AM

Too many "explosive device" news stories..... I am ready to short !



#30 tsharp

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Posted 24 October 2018 - 11:12 AM

If my fractal interpretation is correct, the truncated low may be in soon...

 

SP00-240-10-24-18-1.jpg