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Now Near the End of ST Down Cycle


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#1 redfoliage2

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Posted 21 February 2020 - 12:17 PM

But let's see how it closes today .................


Edited by redfoliage2, 21 February 2020 - 12:25 PM.


#2 LMF

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Posted 21 February 2020 - 12:29 PM

The bulls are eyeing an even steeper channel on the TQQQ 60 min chart......after this mornings low. So far this is a picture perfect bottom formation on AAPL 60 min.

#3 redfoliage2

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Posted 21 February 2020 - 02:38 PM

What an efficient way of flushing a jammed market.  Today it's the monthly OpEx and it just shows again that the market operators are having the total control of the market.................

I have covered all my short positions and bought some cheap ES calls ...........


Edited by redfoliage2, 21 February 2020 - 02:45 PM.


#4 skott

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Posted 21 February 2020 - 02:46 PM

another wave down coming. today



#5 redfoliage2

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Posted 21 February 2020 - 02:55 PM

another wave down coming. today

 an intra-day wave down from here less likely.  but a gap up Monday more likely.  Let's see..............


Edited by redfoliage2, 21 February 2020 - 03:00 PM.