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Back near the 3190 pivot


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#11 redfoliage2

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Posted 24 July 2020 - 09:43 AM

Just loaded more TQQQ at the dip.  As long as the politicians are playing around with the pandemic this is the place to go.  I'm still IT bullish.  The stock market going up not because of the expectation of "V-shaped recovery" which was a scam, but because of the Fed's ultra-low rate due to the pandemic ...........


Edited by redfoliage2, 24 July 2020 - 09:45 AM.


#12 12SPX

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Posted 24 July 2020 - 09:48 AM

Profit stop 3205!!



#13 12SPX

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Posted 24 July 2020 - 10:01 AM

Profit stop 3210, turnaround Friday come on baby!! 



#14 K Wave

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Posted 24 July 2020 - 10:15 AM

Crude starting to look a bit tuckered out after its big ramp from April lows....

 

May be just about to fall off a cliff like AAPL

 

Hourly close under 40.75 would likely get it started


Edited by K Wave, 24 July 2020 - 10:17 AM.

What A Beautiful Black Sky


#15 K Wave

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Posted 24 July 2020 - 10:22 AM

Watch TSLA here...back below 1425 again, and would be most likely spot for crash wave to begin....

 

tsla.png


Edited by K Wave, 24 July 2020 - 10:22 AM.

What A Beautiful Black Sky


#16 K Wave

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Posted 24 July 2020 - 10:30 AM

Possibility bulls give it one last ramp to back test rolling over 5 min 900 area on TSLA.

 

But failing that, could be about to get quite ugly there....

 

How anyone can still be long this stock with the sales decline they posted is beyond me....

 

Stock acting like this should be posting 30% Y-O-Y gains, not declines...

 

As always, price rules....but that may be just too much of a fundamental flaw to support this thing much longer.

 

tsla.png


Edited by K Wave, 24 July 2020 - 10:30 AM.

What A Beautiful Black Sky


#17 12SPX

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Posted 24 July 2020 - 10:38 AM

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



#18 12SPX

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Posted 24 July 2020 - 11:10 AM

Try it again with a 3204 long...



#19 12SPX

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Posted 24 July 2020 - 11:14 AM

Profit stop 3205!



#20 12SPX

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Posted 24 July 2020 - 11:19 AM

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