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How This Bull Market Will End, Ice or Fire?


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#21 da_cheif

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Posted 12 August 2019 - 08:29 AM

 

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!! 

 

day traders.....lol most unhappy there is .....while position traders.....thats another story entirely



#22 redfoliage2

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Posted 12 August 2019 - 08:46 AM

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....................

Now it looks the wave c started................... 


Edited by redfoliage2, 12 August 2019 - 08:53 AM.


#23 redfoliage2

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Posted 12 August 2019 - 09:07 AM

 

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....................

Now it looks the wave c started................... 

 

But if SPX 2900 holds at the close today then wave b up is not finished yet.  I'd wait to see the close to make a decision.  I just went covered my shorts.


Edited by redfoliage2, 12 August 2019 - 09:08 AM.


#24 dTraderB

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Posted 12 August 2019 - 12:52 PM

can't take eyes off screen

 

in bounce zone but...,,,,selling intensifying 



#25 dTraderB

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Posted 12 August 2019 - 01:11 PM

if SPX cannot bounce off 2880 region then next major target is 2815/20



#26 CLK

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Posted 12 August 2019 - 01:26 PM

The Fed won't do anything between meetings unless Dec, lows are hit. Agree RUT is not bullish.



#27 dTraderB

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Posted 12 August 2019 - 01:42 PM

in strong support zone spx 2070/80

 

bounce after 3pm?

 

closed 6 QQQ puts

still holding 8

 

any new QQQ puts will be NOV deep in the money



#28 dTraderB

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Posted 12 August 2019 - 01:48 PM

Closed all QQQ puts



#29 dTraderB

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Posted 12 August 2019 - 02:29 PM

bounce off wpx 2070/80 support zone

 

can today's low hold during the last half-hour? 

 

most likely, YES

 

but this decline is not yet over



#30 redfoliage2

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Posted 12 August 2019 - 02:55 PM

The wave c down in process ........

Edited by redfoliage2, 12 August 2019 - 02:56 PM.