The higher this rises, the quicker the Fed is to intervene when there is even a 5% decline
5:15 AM - 2 Jul 2019
Market will drop now after FED & TRADE PUTs are not in play
Started by
dTraderB
, Jul 01 2019 04:56 PM
32 replies to this topic
#12
dTraderB
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Posted 02 July 2019 - 07:41 AM
another bunch of new (and some old) suckers taken to the cleaners....
Bitcoin Slumps Below $10k As CME Futures Interest Soars To Record High
https://www.zerohedg...ars-record-high
#14
dTraderB
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Posted 02 July 2019 - 07:44 AM
From the EW guy....
https://seekingalpha...tRoadblock=true
Summary
The market has reached our next target for a potential topping pattern.
We will be watching how the market reacts off this region for signs of a major top.
My ideal structure is still looking much lower, but I outline points at which I am wrong in that expectation.
#15
opinionated
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Posted 02 July 2019 - 08:10 AM
Maybe Most have already bought!! Kidding but I bought a Luxury 5th wheel and new 3500 silverado getting ready for retirement in December. The wife and I plan to take our time and travel the country for about 4-5 years. Can't wait!! I think we are down this week, cycle bottoms Monday if it's on time. Now with the strength in the markets in general we could just get a sideways correction. Charts say a quick test of 2935-40 would not be a shock. But IMO longs should be avoided except special circumstances until Monday July 8
#16
dTraderB
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Posted 02 July 2019 - 09:09 AM
VXX near my long entry price
will start with 1/3 position
#17
robo
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Posted 02 July 2019 - 09:12 AM
VXX near my long entry price
will start with 1/3 position
I will be going long the VXX too once I get the VXF sell signal.... It follows IWM fairly close......
Edited by robo, 02 July 2019 - 09:14 AM.
" “There is only one side to the stock market; and it is not the bull side or the bear side, but the right side” Jesse L. Livermore
#18
dTraderB
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Posted 02 July 2019 - 09:47 AM
VXX near my long entry price
will start with 1/3 position
24.13
#19
dTraderB
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Posted 02 July 2019 - 09:48 AM
VXX near my long entry price
will start with 1/3 position
I will be going long the VXX too once I get the VXF sell signal.... It follows IWM fairly close......
I started with 1/3 position LONG
Will add more as market conditions dictate
#20
dTraderB
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Posted 02 July 2019 - 09:50 AM
VXN now below 17 but QQQ flat
waiting...patiently for QQQ above 190
