Now 2960, see what happens from there!
OK, This has more than a bit worried about longs prospects short term
Started by
K Wave
, May 20 2020 08:45 PM
74 replies to this topic
#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
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#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...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#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....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#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....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#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.
