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The Bull Market Stalls At Overhead Resistance


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#131 12SPX

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Posted 24 July 2020 - 09:33 AM

And out for a 7 point profit, see from here...



#132 12SPX

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Posted 24 July 2020 - 09:36 AM

And just like that long again to start at 3204, will build from there or we'll see....



#133 12SPX

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Posted 24 July 2020 - 09:47 AM

Profit stop 3205!! 



#134 12SPX

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Posted 24 July 2020 - 10:02 AM

Profit stop 3210, turnaround Friday come on baby!!



#135 12SPX

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Posted 24 July 2020 - 10:39 AM

And out for a 6 point profit!  Market is feeling very heavy here, wish I took it off at 3215, we'll see....



#136 12SPX

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Posted 24 July 2020 - 11:11 AM

Try it again with a 3204 long...



#137 dTraderB

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Posted 24 July 2020 - 11:12 AM

XTRENDS:
"Every downtick in USD takes FED's printing power away That is why all the ponzi-instruments like stocks are weakening with USD this is quite contrary to what masses expected. When SPX was at 3400 I said FED will sht. And it did when SPX hit 2200 In next crash FED will be lynched"

#138 12SPX

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Posted 24 July 2020 - 11:13 AM

Profit stop 3205!



#139 12SPX

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Posted 24 July 2020 - 11:20 AM

Out for 1 point, time to maybe quit posting till there's something decent, markets getting interesting here!



#140 dTraderB

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Posted 24 July 2020 - 12:55 PM

double bottom invalidated by spike down! 

 

Closed most of my QQQ PUTS, now holding 7 

 

will add QQQ OCT PUTS if it trades above 264.5 from here on until mid-August. 

 

Still holding 13 SEP SPY PUTS, closed with small losses, keeping this 13 for a while. 

closed all XLF

 

Still holding 1 NQ LONG hedge, will keep but add one lot to NQ daytrades to compensate

Market trying to find a ST bottom with many eager dip-buyers but sellers still are on top at this time... could change by end of day'