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#1 andr99

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Posted 25 June 2020 - 02:39 PM

now up........alleluya. My FF


forever and only a V-E-N-E-T-K-E-N.....though partly langbardic


#2 pdx5

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Posted 25 June 2020 - 06:15 PM

This behavior of market is classic bull market behavior.

There will be sharp declines lasting a short period, then slow but steady march up.

Seen it again and again since 1962.

 

I am happy today because I jumped in yesterday with all my remaining cash.

My target for selling is April 2021.


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

#3 q4wer

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Posted 25 June 2020 - 06:58 PM

loaded SSO, and ready to shoot to the moon



#4 K Wave

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Posted 25 June 2020 - 09:11 PM

If we get through tomorrow without breaking down, then bulls are most likely in the clear.

 

But I am certainly not willing to make a blanket statement that the market is going up with the current hourly configuration of NYA, RUT, Trannies.... as a gap down, or pop n drop, from this configuration could be fatal to bull near term hopes.

 

nya.png

 


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#5 K Wave

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Posted 25 June 2020 - 09:32 PM

NQ battling it out at back test of 5 min 900 overnight around 10100

 

If Bulls eventually push through this this 10100 level, then their prospects will brighten.

 

But if it gets rejected here and goes back under 10K, bulls could wake up tomorrow morning to a bit of a surprise....


Edited by K Wave, 25 June 2020 - 09:32 PM.

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#6 K Wave

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Posted 26 June 2020 - 07:04 AM

Pivot may have just been set...pic perfect tag of underneath of 5 min 900 on RUT, SP futs (Dow a hair short)

 

If bull can go up and take that out now, then their chances of going on a stampede today would improve greatly.

 

But if things start to deteriorate after the back tag...better have stops....

 

On ES it was actually 5 and 15 min 900 simultaneous tag....so makes it more important pivot.


Edited by K Wave, 26 June 2020 - 07:05 AM.

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#7 K Wave

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Posted 26 June 2020 - 08:32 AM

FB takes out yesterday pivot...

 

If others start to follow........


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#8 12SPX

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Posted 26 June 2020 - 08:36 AM

Theres that if again lol......  However, I love your "if's" because its part of the great commentary, makes a guy feel like your there!! 



#9 K Wave

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Posted 26 June 2020 - 08:41 AM

GOOGL take out yesterday's low


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#10 K Wave

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Posted 26 June 2020 - 08:43 AM

AMZN the lone ranger here today....if it reverses, then acceleration down a reasonable possibility


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