Jump to content



Photo

SPX


  • Please log in to reply
17 replies to this topic

#11 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 17 May 2019 - 02:14 PM

We might be going for black Monday here.



#12 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 17 May 2019 - 02:36 PM

Trump is just bad news for the stock market. He has to tweet something every day. 



#13 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 17 May 2019 - 02:42 PM

Fear/Greed ticked up just 1 point on that rally early, nobody is buying this, may crash Monday.



#14 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 17 May 2019 - 04:23 PM

https://invst.ly/atky6



#15 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 17 May 2019 - 04:42 PM

We broke and closed over the .618 retrace to the prior low, rules say when that happens, there will be a 100% retrace.

We got a bounce, now down to 2780 and most likely 2725 shortly after. I hate I added to long aggressively the last two days, now I may lose another chunk of my account, all will be ok if we crash to 2700 area as my hedges will make up for the loss, not 100% but enough to recover from.

 

I mean, this was supposed to be a bull market going to over 3k easily, what happened to all that promise ? Looks more like Jan. 2017. I use way too much of my account at any given time, that is my problem, but this market is sick for a bull market

that had barely hit new highs to get knocked down like this, and I don't believe it's over at all.

 

 

http://schrts.co/mkTBHZJS


Edited by CLK, 17 May 2019 - 04:46 PM.


#16 CLK

CLK

    Member

  • Traders-Talk User
  • 10,787 posts

Posted 17 May 2019 - 04:49 PM

Any opinions are welcome.



#17 tsharp

tsharp

    Member

  • Traders-Talk User
  • 1,487 posts

Posted 17 May 2019 - 07:06 PM

My fractal take here... my momentum signal is presently short from 2870, though that should reverse back to long next week...

 

SP00-240-5-16-19-EW.jpg



#18 stubaby

stubaby

    Member

  • Traders-Talk User
  • 1,658 posts

Posted 05 June 2019 - 09:16 AM

l


Edited by stubaby, 05 June 2019 - 09:16 AM.