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Will the FED save the BULL? YES....but


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#31 dTraderB

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Posted 13 August 2019 - 12:04 PM

watch that HOURLY SPX 

getting more bearish with every pullback

 

 



#32 dTraderB

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Posted 13 August 2019 - 12:23 PM

This caused a 10-point ES one-minute plunge

 

  1. Our Intelligence has informed us that the Chinese Government is moving troops to the Border with Hong Kong. Everyone should be calm and safe!

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    Many are blaming me, and the United States, for the problems going on in Hong Kong. I can’t imagine why?

 



#33 dTraderB

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Posted 13 August 2019 - 12:24 PM

and this caused an SPX 2% rally

 

#BREAKING: Chinese Vice Premier Liu He held a phone conversation at request with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin late Tuesday. The two sides agreed to hold another phone conversation in two weeks



#34 dTraderB

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Posted 13 August 2019 - 12:25 PM

waiting for another NQ long

but, a break below 7715 will lead to short NQ trades



#35 dTraderB

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Posted 13 August 2019 - 12:26 PM

still waiting, a bit wild & choppy now, with more selling, could be temporary 



#36 redfoliage2

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Posted 13 August 2019 - 01:09 PM

 

and this caused an SPX 2% rally

 

#BREAKING: Chinese Vice Premier Liu He held a phone conversation at request with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin late Tuesday. The two sides agreed to hold another phone conversation in two weeks

 

In this conversation the Chinese demanded US not to implement the tariffs on the additional $300 billions of Chinese goods on Sept 1 but got refused.  Nothing has changed and still in stalemate ...............


Edited by redfoliage2, 13 August 2019 - 01:17 PM.


#37 dTraderB

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Posted 13 August 2019 - 01:18 PM

one should always be extremely alert when trading but in these wild & volatile trading times you should be EXTRAORDINARILY ALERT> 
 

This rally could melt down in an hour or a few, or even in a few minutes



#38 dTraderB

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Posted 13 August 2019 - 01:19 PM

 

 

and this caused an SPX 2% rally

 

#BREAKING: Chinese Vice Premier Liu He held a phone conversation at request with U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven Mnuchin late Tuesday. The two sides agreed to hold another phone conversation in two weeks

 

In this conversation the Chinese demanded US not to implement the tariffs on the additional $300 billions of Chinese goods on Sept 1 but got refused.  Nothing has changed and still in stalemate ...............

 

 

and it i the US that approached China 

and one wonders if there is quid pro quo, e.g. Hong Kong is your internal issue that you are free to deal with how you want. 

 



#39 dTraderB

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Posted 13 August 2019 - 01:20 PM

Rising wedge could soon resolve further higher or down



#40 redfoliage2

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Posted 13 August 2019 - 03:00 PM

"Daddy,  I just loaded lots of cheap calls and now I need good news to pop the market up."  

"Okay, not a problem and you will get it tomorrow".


Edited by redfoliage2, 13 August 2019 - 03:00 PM.