32 replies to this topic

[dTraderB]

David Larew‏ @ThinkTankCharts

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Breadth indicator - Sell signal - buy signal above 30 RSI

7:57 AM - 11 Aug 2019

[dTraderB]

Sums up my strategy:

David Larew‏ @ThinkTankCharts

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SPX Woo Hoo - tradable market - Hold long over 2950, hold short under 2900.

7:55 AM - 11 Aug 2019

[dTraderB]

David Larew‏ @ThinkTankCharts

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AAII Sentiment huge jump by Bears on Thursday. 48% Bears, 22% Bulls, 30% Clueless. The rule is Bullish reversal watch, when Bears are over 40%. Inverse Put Call is too Bearish, too.

7:39 AM - 11 Aug 2019

[dTraderB]

Do not fixate on it but be alert of any major change in the "Trade Talks Indicator"
 

Hu Xijin 胡锡进‏Verified account @HuXijin_GT

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Hu Xijin 胡锡进 Retweeted Donald J. Trump

China wants to reach a deal, but will always reject US bullying deal. As long as Washington doesn't change the approach of forcing a deal on China through maximum pressure, sorry, there will never be a deal no matter how long you are US President.

Hu Xijin 胡锡进 added,

Donald J. TrumpVerified account @realDonaldTrump

China wants to make a deal so badly. Thousands of companies are leaving because of the Tariffs, they must stem the flow. At the same time China may be hoping for a Democrat to win so they could continue the great ripoff of America, & the theft of hundreds of Billions of $’s!

7:50 PM - 10 Aug 2019

[redfoliage2]

For a maximum benefit from a deal Trump doesn't need it now, but he needs it sometime next year...............

Edited by redfoliage2, 11 August 2019 - 02:08 PM.

[dTraderB]

For a maximum benefit from a deal Trump doesn't need it now, but he needs it sometime next year...............

 

 and the Chinese knows this, hence they will play hardball and agree to no deal unless they get what the want. THEY MAY GET MOST OF WHAT THEY WANT

[redfoliage2]

If the recent down move just a correction it should have more to go.   I expect we will see a wave c down after this bounce in wave b ends.  The question is when the wave c is going to take place,  this week or after this week....................

Edited by redfoliage2, 11 August 2019 - 07:32 PM.

[dTraderB]

If the recent down move just a correction it should have more to go.   I expect we will see a wave c down after this bounce in wave b ends.  The question is when the wave c is going to take place,  this week or after this week....................

 

There could be a ST low today or tomorrow

 

Tuesday August 13th may see a big down followed by a rollicking rally, and then the big down after OPEX

 

All the above can be negated by the FED - either with ultra dovish statements, or starting QE immediately, or a 50bps cut before the Sep meeting

[12SPX]

u worry 2 much watch the sky

Or he's doing an incredible job supplying "real time"information to "trade" the market!  Makes sense since this site is called "traders talk" not "watch the sky" site while you lose -6% of your money cause the market tanked from new highs because supposedly only some people see your trading information lol!!  Maybe try saying thanks for the info love the read!!!  I also don't read anything here about being bearish or bullish for that matter, just great information, thanks D!! 

[redfoliage2]

Im Watching the sky over Hong Kong no planes over there as this one of the worlds busiest airports collapsed by the protesters. Chinese army is moving into the neighboring city Shenzhen and ready to go..........

Edited by redfoliage2, 12 August 2019 - 07:54 AM.