10 replies to this topic

[.Blizzard]

At this point all depends on news coming from China, but the market seems unstoppable

 

Liquidity continues to flow into the system, and it is very possible an extended rally towards 3700 SPX before any real correction

 

Simply I can't short this market right now

This rally should last till the end of March or early April

 

[q4wer]

how have the traders here made money?   I only see that some brave people declared short entries, but never seen a long entry.  

[Harapa]

Good....nevertheless, whatever I pos is mostly ignored!

[da_cheif]

how have the traders here made money?   I only see that some brave people declared short entries, but never seen a long entry.  

https://www.traders-...e-4#entry813332

[LMF]

TQQQ daily trailing stop flipped back to bullish today. Previous signals in 2019 went for 62 TD, 39 TD before that. And 74 TD before that.

[Harapa]

Good....nevertheless, whatever I post is mostly ignored!

Whenever I post something like this, visits to my blog/twitter goes up and than in few days...as if nothing important is there to note...

I am mentioning this to make some sense of "time spent" on this activity...is it really doing any good?

Edited by Harapa, 06 February 2020 - 06:20 AM.

[Waver]

Harapa
I follow you on Twitter.
Thank you for your contribution.

[alexnewbee]

Short premarket @3349

 

So fade me

Edited by alexnewbee, 06 February 2020 - 08:17 AM.

[redfoliage2]

Buy the rumor and sell the news - the news from the Congress was out late yesterday, time to get out as the market will be back to focus on the pandemic in China ...............

Edited by redfoliage2, 06 February 2020 - 09:52 AM.

[K Wave]

Trannies STILL not in the game....

 

Looks like possibly hugely important 30 min candle being put in on the open today.

 

Above the top of today's candle, and last piece of the puzzle will likely get in gear upside...and meltup can begin in earnest.

 

BUT, if this pivot holds, and last week's low gets taken out, then Trannies could be in serious trouble for a bit, and would likely put a drag on the other indexes.

Until this gets resolved, I would not get overly bullish just yet...may not have to wait long though...