Jump to content



Photo

Divergences don't matter...until they do...


  • Please log in to reply
16 replies to this topic

#11 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,639 posts

Posted 20 November 2019 - 01:15 PM

Hard to say you couldn't see this one coming....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#12 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 20 November 2019 - 01:30 PM

Hard to say you couldn't see this one coming....

 The warning indicators were there, buy one just never knows. My signals are based on the closing prices, and we can't rule out buyers coming in.  We could just get more sideways action... I'm tracking IWM, but still think SPX is headed under 3k...SPY under 300.  The daily and weekly both remain on hold long positions for the masses.....

 

For now I have remain long VXF and no buy signal for VXX....close but I use the daily closing price.....

 

Good Trading!

 

Pass the popcorn as I watch this show....  VST trading some VXX and TVIX......

 

https://stockcharts....666&a=699284166


Edited by robo, 20 November 2019 - 01:34 PM.

“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


#13 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,639 posts

Posted 20 November 2019 - 02:06 PM

 

Hard to say you couldn't see this one coming....

 The warning indicators were there, buy one just never knows. My signals are based on the closing prices, and we can't rule out buyers coming in.  We could just get more sideways action... I'm tracking IWM, but still think SPX is headed under 3k...SPY under 300.  The daily and weekly both remain on hold long positions for the masses.....

 

For now I have remain long VXF and no buy signal for VXX....close but I use the daily closing price.....

 

Good Trading!

 

Pass the popcorn as I watch this show....  VST trading some VXX and TVIX......

 

https://stockcharts....666&a=699284166

 

 

 

Yes, I was only talking about the very short term...

 

This could turn out to be a news dip'n'go today... already booked my short profits and watching for now.


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#14 K Wave

K Wave

    Member

  • Traders-Talk User
  • 26,639 posts

Posted 20 November 2019 - 02:08 PM

IF it does stay down today....then odds of bigger turn down grow...


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#15 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 20 November 2019 - 02:10 PM

 

 

Hard to say you couldn't see this one coming....

 The warning indicators were there, buy one just never knows. My signals are based on the closing prices, and we can't rule out buyers coming in.  We could just get more sideways action... I'm tracking IWM, but still think SPX is headed under 3k...SPY under 300.  The daily and weekly both remain on hold long positions for the masses.....

 

For now I have remain long VXF and no buy signal for VXX....close but I use the daily closing price.....

 

Good Trading!

 

Pass the popcorn as I watch this show....  VST trading some VXX and TVIX......

 

https://stockcharts....666&a=699284166

 

 

 

Yes, I was only talking about the very short term...

 

This could turn out to be a news dip'n'go today... already booked my short profits and watching for now.

 

We could see some action the rest of the week......  Waiting to see how we close, before placing anymore trades....


Edited by robo, 20 November 2019 - 02:11 PM.

“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


#16 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 20 November 2019 - 02:44 PM

I'm waiting on a signal from my daily system before making anymore trades..... I want to see a VXX sell signal....

 

Good Trading!

 

More
EJ1s7OMXsAEvWjO.png
0 replies1 retweet1 like
Reply
 
Retweet
 1
 
 
Like
 1

Edited by robo, 20 November 2019 - 02:45 PM.

“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


#17 robo

robo

    Member

  • Traders-Talk User
  • 1,217 posts

Posted 20 November 2019 - 10:27 PM

 

I'm waiting on a signal from my daily system before making anymore trades..... I want to see a VXX sell signal....

 

Good Trading!

 

More
EJ1s7OMXsAEvWjO.png
0 replies1 retweet1 like
Reply
 
Retweet
 1
 
 
Like
 1

 

Correction - Typo....."I want to see a VXX sell signal"   I want to see a VXF sell signal....

 

HYG and IWM be having some trouble.....  Divergence from SPX

 

For now the trend remains up....hold long positions even with all these ugly warning indicators.....  I'm flat!

 

Is the late July pattern about to repeat?  

 

https://stockcharts....m=1&a=699284166


Edited by robo, 20 November 2019 - 10:31 PM.

“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