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Trapped! Compressing.....and breakout - UP or DOWN? (down!)


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#11 dTraderB

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Posted 22 May 2019 - 08:53 AM

let's move UP, NQ ! Want to get up as near to 7500 or a bit higher



#12 dTraderB

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Posted 22 May 2019 - 09:25 AM

How can one catch a 30-point NQ move in one-minute green candle ?

 

Basic Price Action before should have convinced you to be long before that long gree candle. You can't catch all the moves but if 

you do the right things you may catch most.  



#13 12SPX

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Posted 22 May 2019 - 10:02 AM

How can one catch a 30-point NQ move in one-minute green candle ?

 

Basic Price Action before should have convinced you to be long before that long gree candle. You can't catch all the moves but if 

you do the right things you may catch most.  

I happen to put on an ES long one minute before and dumped it for a 6 point gain on that spike lol!!  Totally fluke I know timing was just right!!



#14 dTraderB

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Posted 22 May 2019 - 10:34 AM

Taking a side until this is over:

 

Jennifer JacobsVerified account @JenniferJJacobs
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White House suddenly calls press for an unscheduled event. Throng of reporters gathered.

 



#15 dTraderB

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Posted 22 May 2019 - 10:36 AM

a deluge of news!

Will US take out more of Syria's chemical weapons? 

 

Jon CraigVerified account @joncraig
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Very senior MP tells me the word from the Cabinet corridor in the HoC is that the PM will resign tonight, Andrea Leadsom is poised to resign to launch a leadership bid, others may also resign & David Lidington will take over as acting PM. Unconfirmed!

8:29 AM - 22 May 2019

 



#16 dTraderB

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Posted 22 May 2019 - 11:42 AM

ALERT! 

Very weak market..... SPX 2830 is key support

 

Market could break down anytime during next week or so, from now until end of next week, even if SPX trades above 2900

 

There has to be new SPX highs to prevent a big move down. 

 

Seasonality suggests a rally into Memorial Day and rest of May but there are exceptions and 2019 may be suhc. 



#17 redfoliage2

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Posted 22 May 2019 - 01:08 PM

Expect a huge drop within 10 days and SPX 2800 will not hold..................



#18 dTraderB

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Posted 22 May 2019 - 02:06 PM

China took the war to KFC ! LOL

 

But, this is more serious:

 

https://global-macro...-testing-apple/



#19 dTraderB

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Posted 22 May 2019 - 02:08 PM

LOL

 

1 hour ago - In a harbinger of what's to come as the US-China trade war gets ... "Employees are forbidden to eat at McDonald's or Kentucky Fried Chicken.


#20 dTraderB

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Posted 22 May 2019 - 02:20 PM

Not good

zerohedge 

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"A Distressed Credit And Restructuring Story": Morgan Stanley Warns Tesla Is Facing Bankruptcy

 

Morgan Stanley just crushing it this year: first the Uber IPO, then Tesla secondary and two weeks later warning its client is facing bankruptcy

Tesla bankruptcy odds: 46% in 5 years

D7MZDFFXsAAzlXX.jpg

 

12:07 PM - 22 May 2019