Member
Posted 23 October 2019 - 08:18 AM
Bears must take it lower now or else SPX will hit 3150 in a few days.
Busy morning, I like this scenario:
Keeping things simple this week for $SPX - we're in a tight triangle since June and are near 3015 resistance. This means the biggest risk is of an upside breakout. Key support below is 2945. Thats the last spot to buy the dip for it, and below there wed get a deep washout to 2830
Member
Posted 23 October 2019 - 08:19 AM
Adam Mancini Retweeted Adam Mancini
My weekend scenario in $SPX (shown by the arrow) is playing out well and we got a pop to ~3015 and drop. Heavy support is now ~2955. Weve been in a rising channel all month (possible bear flag in yellow) and ~2955 is both support and the 50dma. Would like to see it tested still
Member
Posted 23 October 2019 - 02:53 PM
Q's pulled back on a spread triple top breakout, not enough for a 3 box reversal, new highs via MSFT in a few minutes(JMHO)
Member
Posted 23 October 2019 - 04:04 PM
Daytrading not just NQ but VXX and QQQ options!
Not intentional but just happened.
Note SPX has been gyrating around 3K and with very low SPY and Futures volume
Member
Posted 25 October 2019 - 10:38 AM
Daytrading not just NQ but VXX and QQQ options!
Not intentional but just happened.
Note SPX has been gyrating around 3K and with very low SPY and Futures volume
Watching the show.....
Tried this system below again, and it's a waste of money in my opinion.... My 10 DMA system is far better and it's free...
https://twitter.com/...erp|twgr^author
Good trading and my system remains on a buy signal.
" “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
Member
Posted 25 October 2019 - 11:07 AM
Agree, I also took a walk on it... I find it more looking back TA...
Member
Posted 25 October 2019 - 11:46 AM
Agree, I also took a walk on it... I find it more looking back TA...
My buy and sell signals are very clear. Above the 10 DMA long, below back to cash. There are times based on a few other indicators - that it puts me in the deer in headlights mode, but not very often.
Day 11 of my VXF buy signal..... Sure, I could have used TNA, but I use Risk Management.
The KISS system out performs most of these systems.... However, you can't charge money unless of have a more complex system....
https://stockcharts....091&a=694509369
https://stockcharts....504&a=695440781
For the Record: The market to me is IWM.......
Most of these paid services are a waste of money in my opinion. I said "most" - not all!
Edited by robo, 25 October 2019 - 11:56 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
