Member
Posted 04 August 2020 - 08:55 AM
UVXY breaking down....
As long as it stays under 25, then bull reversal of this opening dip could be imminent.
A floor recapture of 25 level on UVXY now would likely be first real warning sign to bulls.
In the mean time, let's see if NYA can can now go up and take out 12560....if it does, bears likely got a lot of problems on their hands...
We could minutes away from a very important decision...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 04 August 2020 - 08:57 AM
Trannies making an attempt to break away from 10K...let' see if they can take out the tippy top of Davey Daytrader Island...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 04 August 2020 - 08:59 AM
TSLA has reclaimed the 14475-80 pivot zone...
As long as it holds above that, still possibility for one last ramp job...
Back below that level, and bulls are likely outta gas...
Edited by K Wave, 04 August 2020 - 09:08 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 04 August 2020 - 09:04 AM
Sorry guys packing, got taken out with my profit stop at 3284, 1 point gain and reselling now at 3288 and higher unless we start falling here lol!!
Member
Posted 04 August 2020 - 09:04 AM
Would love to see 3290 plus again!!
Member
Posted 04 August 2020 - 09:09 AM
NYA making another run at 12560.....
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 04 August 2020 - 09:16 AM
Yesterday may have been an important low in the Air/Ship sector.
LUV hinted at it yesterday with the floor recapture, and today looking like a full on bull jailbreak thus far...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 04 August 2020 - 09:21 AM
Yay so far got my average back up to 3290!! Higher, higher, higher lol!!
Member
Posted 04 August 2020 - 09:22 AM
May be just about at moment of truth on NYA.....
Back below 12550 would be first sign of fumble by bulls...
If it hold this back test of 12560 and goes to new high for day, then bulls likely start to take over..
Edited by K Wave, 04 August 2020 - 09:23 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
Member
Posted 04 August 2020 - 09:25 AM
Vix under 24
glad I reduced long exposure.
