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 ??
5:02 AM - 12 Jun 2019
Bearish Engulfing signals more down but resilient BULLS fight back
Started by
dTraderB
, Jun 11 2019 05:56 PM
14 replies to this topic
#12
dTraderB
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Posted 12 June 2019 - 08:55 AM
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.
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
S&P 500 Record High Percent - Lagging chart - But pretty good at TOPs
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:
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
