tomorrow or at latest wednesday, reversal.......
Are you ready ?
Started by
andr99
, May 25 2020 11:36 AM
30 replies to this topic
#1
andr99
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Posted 25 May 2020 - 11:36 AM
forever and only a V-E-N-E-T-K-E-N - langbard
#2
andr99
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Posted 25 May 2020 - 12:24 PM
judging from the silence you aren' t.........
forever and only a V-E-N-E-T-K-E-N - langbard
#3
CHAx
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Posted 25 May 2020 - 01:06 PM
Give us a price and a stop. Without that information, there is no way to judge the accuracy of your call.
Edited by CHAx, 25 May 2020 - 01:09 PM.
#4
andr99
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Posted 25 May 2020 - 01:37 PM
I' m a position trader......I can just tell that in my opinion the counter trend bounce is over and we're starting a new trend towards new lows by july......
''are you ready ?''....... just means the spx is done....here and now or at most in two days with no new highs. This is the precision I' m used to as a position trader
Edited by andr99, 25 May 2020 - 01:47 PM.
forever and only a V-E-N-E-T-K-E-N - langbard
#5
da_cheif
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Posted 25 May 2020 - 01:40 PM
I' m a position trader......I can just tell that in my opinion the counter trend bounce is over and we're starting a new trend towards new lows by july......
are you ready ?....... just means the spx is done....
lololol
#6
Waver
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Posted 25 May 2020 - 03:45 PM
Andre99
There are new recovery highs in the futures already.
There are new recovery highs in the futures already.
#7
andr99
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Posted 25 May 2020 - 03:54 PM
let' s wait the spx......tomorrow.......I had 3030 as last (little) possible target.....now I don' t believe in that possibility any more. I have upgraded my targets well before they were taken out.....and they were all taken out. Now we're here sitting on a place where the time is over, imo.
forever and only a V-E-N-E-T-K-E-N - langbard
#8
pdx5
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I want return OF my money more than return ON my money
Posted 25 May 2020 - 09:22 PM
Follow the money is your best indicator right now than historical charts based on old data before covid-19.
New data from March through May is all news based hiccups in stock prices. Not normal trading volumes and prices.
Very unusual situations requires thinking out of the box.
Back to the money issue, $3,000,000,000,000 already injected in circulation.
Add to that reduction in taxes. For example they won't be taking out $50k in RMD this year from me.
That equates to $50K LESS taxable income in 2020. That means less taxes in 2020.
What will I do with that money? Right, throw it into the market.
Lot of that stimulus money went to employers for PPP.
More stimulus coming soon is a given. Election year baby!!
When a recipient of that money spends it, the money does not vanish.
It circulates through the economic system.
It has to end up somewhere!
Study past history when FED injected cash in system. That would be a great clue.
Just saying.
Edited by pdx5, 25 May 2020 - 09:27 PM.
"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule
#9
andr99
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Posted 26 May 2020 - 03:12 AM
I' m a position trader......I can just tell that in my opinion the counter trend bounce is over and we're starting a new trend towards new lows by july......
are you ready ?....... just means the spx is done....
lololol
you have little to laugh at........you were bullish on the spx back in february when it was at 2900. In march it touched 2191.........700 points lower.
forever and only a V-E-N-E-T-K-E-N - langbard
#10
da_cheif
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Posted 26 May 2020 - 04:53 AM
I' m a position trader......I can just tell that in my opinion the counter trend bounce is over and we're starting a new trend towards new lows by july......
are you ready ?....... just means the spx is done....
lololol
you have little to laugh at........you were bullish on the spx back in february when it was at 2900. In march it touched 2191.........700 points lower.
lamazoff ... the day of the high .. https://www.siliconi...htxt=hedges out
