The goes the opening spike low on SPX.....
Bulls Chant Into A Megaphone - 'All-Time Highs'
Started by
dTraderB
, Aug 09 2020 07:13 PM
203 replies to this topic
#181
K Wave
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Posted 13 August 2020 - 01:23 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#182
K Wave
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Posted 13 August 2020 - 01:46 PM
Looks like ES needs an hourly close back under 3360 to possibly seal in a swing top.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#183
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Posted 13 August 2020 - 02:02 PM
Hour of Power begins....who wants the ball??
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#184
12SPX
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Posted 13 August 2020 - 02:05 PM
Profit stop 3365 may not be done yet on the upside!
#185
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Posted 13 August 2020 - 02:10 PM
Ok out at 3365 for a 12 point profit making for 30 points today, not so bad, I'll start selling above for overnight!!
#186
dTraderB
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Posted 13 August 2020 - 06:33 PM
Ok out at 3365 for a 12 point profit making for 30 points today, not so bad, I'll start selling above for overnight!!
You are tempting me to sell any rally overnight
maybe I place a sell limit ES 3394 and one at ES 3403
#187
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Posted 13 August 2020 - 08:25 PM
I would say if the pop over 3370 on futures fails to hold overnight, then could see big gap down tomorrow on cash.
Bears just need an hourly close under 3360 now to take the ball for a while.
If bears do not manage to roll it over tonight, then they might have trouble on their hands tomorrow...pivotal area right here...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#188
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Posted 14 August 2020 - 07:23 AM
Going to bed last night I have an average short of 3372 was hoping we'd be higher this morning but oh well, profit stop 3370.
#189
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Posted 14 August 2020 - 07:40 AM
Well that was a weird response to the economic data, very delayed and I almost got hit so I took it off at 3367 for a 5 point profit. Maybe I'll end there its been another perfect week of trading lol! I'll wait a bit to sell higher or maybe even buy the market if we sell off, it feels heavy but the tape is saying it seems it wants to go higher for a bit. Would be the perfect end to the week to close at a new high don't you think lol!
#190
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Posted 14 August 2020 - 08:17 AM
Hmmmmm, markets already dead at were not even open yet, SPY 33 million shares traded yesterday, pathetic. I'd buy if we hit 3350ish otherwise I'll start shorting around 3371 think and start a build from there. Call options for the August cycles are finally starting to give up premium so there is a possibility of a move higher. Headed on a bike trip once again later this morning so I'll be sporadic!
