YUAN weakening as SPX falls: YUAN chart exactly opposite to S&P chart
Put it up next to ES Futures .... good trading tool
Inversion BEAR wakes up.....after 12 years
Started by
dTraderB
, Aug 14 2019 06:44 AM
28 replies to this topic
#22
dTraderB
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Posted 14 August 2019 - 11:59 AM
4 QQQ calls added
1/2 position XLF
#23
dTraderB
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Posted 14 August 2019 - 12:28 PM
only so many instruments you can trade
LOOK at that EURO !!! down again
Very hesitant to trade NQ long
May short VXX if it hits 31 OB
#24
dTraderB
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Posted 14 August 2019 - 12:41 PM
waiting for next NQ short....
or will market soar to SPX 2880 or higher?
Still think we see a lower low today, to about SPX 2820/30
#25
dTraderB
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Posted 14 August 2019 - 01:41 PM
final hour rally -- be alert!
#26
redfoliage2
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Posted 14 August 2019 - 02:50 PM
Outlook for the next few weeks:
The market is in an IT correction. SPX is in wave c down of Wave A down. Here are the possible lows for SPX:
2770 - 38.2% retracement from the ATH 3029 to the 2018 Dec. low
2688 - 50% retracement from the ATH 3029 to the 2018 Dec. low
2610 - 61.8% retracement from the ATH 3029 to the 2018 Dec. low
2348 - 100% retracement from the ATH 3029 to the 2018 Dec. low
Even though the IT picture not looking good but it won't be done in just a few days. I'm sure there will be ST, VST bounces. I see a bounce as soon as tomorrow..............
Edited by redfoliage2, 14 August 2019 - 02:53 PM.
#27
dTraderB
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Posted 14 August 2019 - 03:06 PM
What a great day!
VIX up 25%
Tomorrow will be UP!
#28
dTraderB
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Posted 14 August 2019 - 03:08 PM
Outlook for the next few weeks:
The market is in an IT correction. SPX is in wave c down of Wave A down. Here are the possible lows for SPX:
2770 - 38.2% retracement from the ATH 3029 to the 2018 Dec. low
2688 - 50% retracement from the ATH 3029 to the 2018 Dec. low
2610 - 61.8% retracement from the ATH 3029 to the 2018 Dec. low
2348 - 100% retracement from the ATH 3029 to the 2018 Dec. low
Even though the IT picture not looking good but it won't be done in just a few days. I'm sure there will be ST, VST bounces. I see a bounce as soon as tomorrow..............
Same here. I would not go short over the weekend,,,,,, "they" may have bought PUTS yesterday, and CALLS today, LOL
#29
dTraderB
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Posted 14 August 2019 - 03:31 PM
14 QQQ NOV calls
1/2 position XLF LONG
Short TLT
Best NQ trading day for 2019! If I traded FULL NQ position before the cash session opened I could have added another 200 NQ points but I could not believe the market would tank to that extent.in an OPEX Wednesday
Got to rest for China YUAN fox tonight & another wild session on OPEX Thursday
Will not be surprised if there is another reversal overnight or early tomorrow
Still looking for SPX 2750-70 to be the low for this move and then gradually rally into September
