No more pops , overdue for a ripe apple
In case there’s one more pop, stop raised to ES 2900
Stopped out.
flat
Crash soon
Started by
q4wer
, May 06 2020 06:19 PM
26 replies to this topic
#11
salam
-
- Traders-Talk User
- 1,579 posts
Member
Posted 07 May 2020 - 10:58 AM
I'm not sure what my future holds... But I know who holds it.
#12
q4wer
-
- Traders-Talk User
- 2,179 posts
Member
Posted 07 May 2020 - 11:06 AM
I have some June SQQQ call, I add some today. I think that market will crater before June expiration.
#13
salam
-
- Traders-Talk User
- 1,579 posts
Member
Posted 07 May 2020 - 11:12 AM
I’ll reassess before Jobs number tomorrow.
news driven markets often difficult to trade.
my only open position is a small Vix ETF long opened when ES was around 2950
Edited by salam, 07 May 2020 - 11:14 AM.
I'm not sure what my future holds... But I know who holds it.
#14
K Wave
-
- Traders-Talk User
- 26,783 posts
Member
Posted 07 May 2020 - 11:20 AM
Now that SPX has tested and gapped above the 30 min 900, 60 min 900 currently in the 3030 area is next most likely target.
That would be the most likely place to try shorts at this point.
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
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 07 May 2020 - 11:25 AM
Don't Fight the Fibs...
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#16
linrom1
-
- Traders-Talk User
- 4,006 posts
Member
Posted 07 May 2020 - 11:26 AM
This move looks finished, but its SO OBVIOUS? But does it matter? Waiting for Godot?
Edited by linrom1, 07 May 2020 - 11:29 AM.
#17
salam
-
- Traders-Talk User
- 1,579 posts
Member
Posted 07 May 2020 - 01:02 PM
Back short
1/3 position ES 2888 10 point stop
Going with my gut feeling
1/3 position ES 2888 10 point stop
Going with my gut feeling
I'm not sure what my future holds... But I know who holds it.
#18
da_cheif
-
- Traders-Talk User
- 10,961 posts
Member
Posted 07 May 2020 - 01:38 PM
https://www.siliconi...?msgid=32720646
76%out of the market and some here still fighting the tape
www and full moon .....watsa matter with u guys geez 09 all over again 2022 ono
How about this?
Cumulative SH Assets05-05-20.gif
and how about this?
https://stockcharts....837&a=353369508
#19
OEXCHAOS
-
- Admin
- 22,020 posts
Mark S. Young
Posted 07 May 2020 - 02:18 PM
https://www.siliconi...?msgid=32720646
76%out of the market and some here still fighting the tape
www and full moon .....watsa matter with u guys geez 09 all over again 2022 ono
How about this?
and how about this?
https://stockcharts....837&a=353369508
WOW!
This is Bullish.
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#20
robo
-
- Traders-Talk User
- 1,217 posts
Member
Posted 07 May 2020 - 03:23 PM
https://www.siliconi...?msgid=32720646
76%out of the market and some here still fighting the tape
www and full moon .....watsa matter with u guys geez 09 all over again 2022 ono
How about this?
and how about this?
https://stockcharts....837&a=353369508
WOW!
This is Bullish.
LOL.... It is Very Bullish if that's your entire tool box. I sell below the 10 DMA and buy again once the trend is back above the 10 MA and on track. Red arrows, sell signal and green buy signals. I'm always looking for new tools to use. When do you sell and buy back based on that data? My buy and sell signals are clear.... VST trading is different....
Still a concern for the Bulls - IWM and the SPX still unable to close above the 61.8% Fib level. Maybe tomorrow will be the big day.....
https://stockcharts....946&a=749879588
Good Trading!
LT data
https://stockcharts....449&a=735953749
For the record: I have no idea what the market will do next. I just trade what I see and use Risk Management on every trade.
Edited by robo, 07 May 2020 - 03:32 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
