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OK, This has more than a bit worried about longs prospects short term


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#11 12SPX

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Posted 21 May 2020 - 09:42 AM

Now 2960, see what happens from there!



#12 12SPX

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Posted 21 May 2020 - 10:05 AM

Go for the +10 point gain keep it at 2955! 



#13 K Wave

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Posted 21 May 2020 - 10:05 AM

UVXY never made a new low, and now showing first signs of possibly turning back up


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#14 12SPX

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Posted 21 May 2020 - 10:06 AM

2950, this is getting exciting!! 



#15 K Wave

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Posted 21 May 2020 - 10:08 AM

SOX 1800 looks important now to bull future....

 

Back below 1775, and would most likely be lights out for the rally...


What A Beautiful Black Sky


#16 tradesurfer

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Posted 21 May 2020 - 10:13 AM

I am over the top bearish now... perhaps too much.. but this feels like the most significant short opportunity since the Febrary all time top 

 

Many factors that play into it... too many to list here...

 

one of them is VIX has made a double bottom, right before a 3 day weekend.. hmmmm

 

 

and sure enough bitcoin crashes lead the way down as a risk off signal ....  bitcoin crash is a superb 'tell'

 

https://www.coindesk...not-be-satoshis


Edited by tradesurfer, 21 May 2020 - 10:16 AM.


#17 K Wave

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Posted 21 May 2020 - 10:16 AM

When this finally comes apart, likely to be fast and furious...

 

IF...SOX fails to win this mini battle at 1800, could be the start of it....


What A Beautiful Black Sky


#18 tradesurfer

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Posted 21 May 2020 - 10:17 AM

all hands on deck !     tiiiiiiiiiiiiiimmmmmmmmmmmmmbbbbbbbbbbbeeeeeeeeeeerrrrrrrrrrrrrrrrrrrrrrrrrrrr



#19 K Wave

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Posted 21 May 2020 - 10:18 AM

BIG 5 save for FB now all showing potential divergent tops on hourly charts....

 

Next few hours could tell a lot....


What A Beautiful Black Sky


#20 tradesurfer

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Posted 21 May 2020 - 10:24 AM

armstrongs panic cycle seems to be kicking in   and the May 21 key cycle date today 

 

and lest I forget the new moon today

 

 

 

I am HOLDING short through the long 3 day weekend !


Edited by tradesurfer, 21 May 2020 - 10:25 AM.