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Manic Monday will be D-Day?


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#1 dTraderB

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Posted 02 December 2019 - 09:36 AM

This has been an extremely resilient BULL market, even if incrementally so during the past few weeks. 

 

But, all good things come to an end.... is today the beginning of the end of this latest leg in the longest BULL market in the history of Human Civilization? Maybe...

 

It has been quite a profitable NQ pre-cash session; hope it continues for the rest of this week... 

 

Trying to hold on to my SHORTS but it is not easy. Good things do not come easy.
Later



#2 dTraderB

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Posted 02 December 2019 - 10:35 AM

Good news for bears -- another trade war?

 

Trump tweets that he’s bringing back tariffs on Brazil and Argentina as a key deadline for imposing more levies on China approaches

 



#3 dTraderB

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Posted 02 December 2019 - 10:36 AM

repeat of December 2018? 

 

 



#4 dTraderB

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Posted 02 December 2019 - 10:38 AM

well then.

Helene Meisler added,

LiveSquawk @LiveSquawk
US Commerce Sec. Ross: US Pres. Trump To Increase Tariffs If No China Deal Is Reached - Fox
7:37 AM - 2 Dec 2019

 



#5 dTraderB

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Posted 02 December 2019 - 10:40 AM

zerohedge @zerohedge
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Trader Mocks China's 'Surprise' PMI Bounce: "When The World Wants To Be Happy, Who's Going To Argue?"

6:30 AM - 2 Dec 2019


#6 dTraderB

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Posted 02 December 2019 - 10:42 AM

Waiting on NQ to rally from here.... how high it bounces? 

That will determine how the market goes for the rest of the day



#7 dTraderB

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Posted 02 December 2019 - 11:11 AM

qucik look at that daily SPX candle -- looks bad for the bulls!



#8 dTraderB

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Posted 02 December 2019 - 11:13 AM

VIX up 20%

 

but from very low close on Friday



#9 dTraderB

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Posted 02 December 2019 - 12:14 PM

Now in the "sucker rally" phase where the newbies and desperate FOMOS try to jump in ....

 

could last an hour or several hours or even longer but as is the case of sucker rallies, the end comes fast & furious.



#10 dTraderB

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Posted 02 December 2019 - 04:41 PM

Let us have some more "healthy" action! 

 

Douglas KassVerified account @DougKass
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They commentator who said this morning.... "the setup for December couldn't be better" - now says today's action is "healthy." TV off.

8:35 AM - 2 Dec 2019