18 replies to this topic

[Dex]

I hear this volume argument over and over, there is nothing wrong with the volume,

volume is almost always higher on the downside than upside, and the higher price goes

the lower the total volume will be, up or down. So simple, but people think they have found

something tradable and haven't.

 

 

Yeah, it might matter on a 5 min. chart, not the daily.

 

It is a long term average.

[Dex]

3:30p  sure looking like a distribution 

[linrom1]

This is hilarious, who coulda predicted it, noone?

[salam]

100% Distribution

 

 Very comfortable now 50%short After adding around the HOD 

 

even added a crude July short @ $26.50

[12SPX]

Took some off around 2858 for a $14 profit!!  

[CLK]

They got all the mileage they could get out of the Airbnb news.

[CLK]

Nothing unusual, 4hr MACD retest, had two bearish engulfing tops the 

last cycle on the way up. If you aren't day trading it's just annoying.

 

https://invst.ly/qouoz

[salam]

Im day and swing trading. Its fun as long as you take care with entries and exits and use stops.
I got whipsawed out of crude, but banked some beer money on the closing swoon in the broad market

Re adding short again this am as we are back testing resistance.

Stop on my position trade lowered to just above yesterdays HOD.

ES 2890 is the key pivot now, long above, short below.... simples!

[salam]

Addendum

 

ES 2840 is the key pivot

 

short below, long above.