Jump to content



Photo

Back near the 3190 pivot


  • Please log in to reply
33 replies to this topic

#1 salam

salam

    Member

  • Traders-Talk User
  • 1,440 posts

Posted 24 July 2020 - 03:19 AM

As I type, ES touched 3200.

 

a lot of technical damage with what looks like a follow thru on tech sell off after Intel after hours disappointed knocking one of my top 5 generals Down 8%. Amazon and apple yesterday. Cisco Intel Microsoft today.

 

we are back to a ST sell, but I will become truly bearish if 3190 is broken and we close below it today.

 

my FF

 

we bounce back to ES 3240-50.

 

if the bulls can hold today and rotate from tech to ‘Value’, we test 3280 again into August.

 

break of 3190. I add short.

 

 

at the moment I am long Vix etf looking for a long entry with stop around 3190 


Edited by salam, 24 July 2020 - 03:20 AM.

I'm not sure what my future holds... But I know who holds it.

#2 Darris

Darris

    Member

  • Traders-Talk User
  • 1,577 posts

Posted 24 July 2020 - 07:33 AM

ES opened at 3214 on Monday morning this week, with a Monday low of 3205.  The ole Gravestone Doji has developed.



#3 salam

salam

    Member

  • Traders-Talk User
  • 1,440 posts

Posted 24 July 2020 - 08:47 AM

Vix back above its 200dma.

 

long ES 2198 day trade 


I'm not sure what my future holds... But I know who holds it.

#4 12SPX

12SPX

    Member

  • Traders-Talk User
  • 2,057 posts

Posted 24 July 2020 - 08:52 AM

Nice, have my second long build at 3203 so far see how it goes here...  You got a wayyyyyyy better price though lol!!! 



#5 salam

salam

    Member

  • Traders-Talk User
  • 1,440 posts

Posted 24 July 2020 - 09:01 AM

Nice, have my second long build at 3203 so far see how it goes here...  You got a wayyyyyyy better price though lol!!! 

I have preset fills and scale in and out.

 

rising nicely off support. My Vix positions are looking more healthy, so have to cover them ! 


Edited by salam, 24 July 2020 - 09:03 AM.

I'm not sure what my future holds... But I know who holds it.

#6 12SPX

12SPX

    Member

  • Traders-Talk User
  • 2,057 posts

Posted 24 July 2020 - 09:06 AM

Profit stop 3204, just in case of course....



#7 12SPX

12SPX

    Member

  • Traders-Talk User
  • 2,057 posts

Posted 24 July 2020 - 09:20 AM

Gonna keep it tight profit stop 3206, don't wanna ruin my perfect week lol!!  yes.gif



#8 12SPX

12SPX

    Member

  • Traders-Talk User
  • 2,057 posts

Posted 24 July 2020 - 09:28 AM

Profit stop 3210! 



#9 12SPX

12SPX

    Member

  • Traders-Talk User
  • 2,057 posts

Posted 24 July 2020 - 09:33 AM

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



#10 12SPX

12SPX

    Member

  • Traders-Talk User
  • 2,057 posts

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....