The SPX is +3 points since last Friday's close.
The Master Cycle predicts a 11/14/19 major High+/-2
Posted 14 November 2019 - 06:22 PM
Posted 14 November 2019 - 06:25 PM
Will trade 12-lot (6-3-3)NQ positions tomorrow instead of 8 (4-2-2)
I had hardly more than 10 8-lot NQ trades this week. so far; most were 4 and a few were 6 (4-2)
Hopefully, I will have more 6- and 9-lot trades by increasing position size.
Posted 15 November 2019 - 06:58 AM
I am no longer convinced the attempted breakout on NYA is going to succeed.
The summation action is not confirming the price action at all....turning back down from lower high instead of blasting off is No Bueno....
RAJ has nailed turns before.
Will not be surprised at all if the gets this one right as well....[/quote]
I was also extremely bullish on the breakout
Went with it
But since last Friday, not looking good at all
And the breakout should have had much more power to it
To already be dying is a concern
If 3062 and then 3027 breaks, look out below.