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2 to 1 bears to bulls........

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#1 da_cheif

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Posted 18 June 2020 - 08:00 AM

BULLISH
24.4%
-9.9Percentage point
change from
last week

HISTORICAL AVERAGE: 31.5%
?
NEUTRAL
27.8%
+0.2Percentage point
change from
last week

HISTORICAL AVERAGE: 30.5%
?
BEARISH
47.8%
+9.7Percentage point
change from
last week



#2 K Wave

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Posted 18 June 2020 - 08:57 AM

Hugely important pivots put in around hourly 900 on RUT and Trannies yesterday.

 

IF bulls manage to reverse this today, and take out yesterdays' swing high, bears gonna have some serious problems on their hands.

 

Watching VIX here today for clues to see whether or not bulls have murderous intentions towards bears today....


What A Beautiful Black Sky


#3 da_cheif

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Posted 18 June 2020 - 09:43 AM

monday or tues.....patience



#4 pdx5

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Posted 18 June 2020 - 10:49 AM

Patience is the best attribute if you wish to make real money in trading.

Even a fruit requires time to ripen into a flavorful sweet aromatic edible.

You gotta let the market come to you, not the other way around.


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#5 OEXCHAOS

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Posted 18 June 2020 - 10:58 AM

I'm amazed that there are nearly 2X as many Bears as Bulls.

 

The flipside is that NAAIM median exposure jumped to 94%. Of course, NAAIM isn't really dumb money and the trend is pretty obviously up and we are pretty obviously no longer in a Bear Market, so... I'd give that reading some room.

 

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#6 12SPX

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Posted 18 June 2020 - 11:03 AM

monday or tues.....patience

Can agree on that, there is still an off chance for a big sell off later today tonight going into the quad witch tomorrow morning.  Right now looking sooooooo quiet.



#7 gm_general

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Posted 18 June 2020 - 11:18 AM

Hugely important pivots put in around hourly 900 on RUT and Trannies yesterday.

 

IF bulls manage to reverse this today, and take out yesterdays' swing high, bears gonna have some serious problems on their hands.

 

Watching VIX here today for clues to see whether or not bulls have murderous intentions towards bears today....

 

VIX the last few days is like a 500 lb fat man trying to break the park bench (50 SMA) repeatedly. 



#8 CLK

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Posted 18 June 2020 - 12:33 PM

Seems like I remember seeing posts about how many were out of the market or short back in Jan.



#9 CHAx

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Posted 18 June 2020 - 12:52 PM

 

monday or tues.....patience

Can agree on that, there is still an off chance for a big sell off later today tonight going into the quad witch tomorrow morning.  Right now looking sooooooo quiet.

 

 

 

 I thought the saying was "never short a dull market" ?



#10 12SPX

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Posted 18 June 2020 - 01:21 PM

Yes true other than a quad witch, close stops working on my fourth 3105-3100 short, see if this 3100 profit stop sticks lol!