The SPX has to make a new high before going down hard, IMO. I see that for Tuesday 8/18 based on wave astro/cycles.
IT LONG TREND INTACT - Top this week
Started by
dTraderB
, Aug 15 2020 04:18 PM
144 replies to this topic
#31
blustar
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blustar
#32
linrom1
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Posted 17 August 2020 - 09:54 AM
I have a feeling that after elections, the FED will pull out liquidity out of the market; instead, we'll have congressional fiscal stimulation of the economy. A lot of these progressives are waking up to the fact that wealth inequality is primarily a result of central banks.
Edited by linrom1, 17 August 2020 - 09:57 AM.
#33
12SPX
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Posted 17 August 2020 - 09:58 AM
Nice starting my short 3382!!
#34
12SPX
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Posted 17 August 2020 - 10:40 AM
Ok profit stop 3380, if it gets hit I'll be selling above while I play tennis!! Btw, out of my sold August 3400 calls I sold for $21 with a profit of $10 just because were a little close! I highly doubt we have a chance to get there as my numbers say but just in case. Also my 3500 calls for a profit of just under $7.00. Regret taking profits on my puts a couple weeks ago now but they were still great!
#35
trioderob
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Posted 17 August 2020 - 10:55 AM
The SPX has to make a new high before going down hard, IMO. I see that for Tuesday 8/18 based on wave astro/cycles.
I disagree
if it rockets past all time highs my guess is it keeps going up - regardless of the astro cycles and planets
#36
K Wave
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Posted 17 August 2020 - 12:12 PM
FANG index finally got the big round number 5K print after more than doubling since the March low.....while SPX continues to show a now getting impressive inability to take out the Feb high print.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#37
dTraderB
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Posted 17 August 2020 - 08:18 PM
Furiously trading NQ today, nice rally but market flat-lined after overnight and early rally
VIX still above 20 with SPX near ATH - market still can rally
36 QQQ PUTS
Still holding NQ hedge long from last week
#38
dTraderB
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Posted 18 August 2020 - 06:20 AM
Closed Nq hedge +193
Will reopen lower, later
Will reopen lower, later
#39
12SPX
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Posted 18 August 2020 - 07:52 AM
Ok, yesterday was taken out for a 2 point profit, 5 point day, quiet but was Monday lol! Didn't get any fills on my short until 3385 while I was sleeping. Those pajama traders love round numbers lol! Will add at the open if we hold up here, looks like today will be the day for new highs!!
#40
12SPX
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Posted 18 August 2020 - 08:27 AM
Okay, profit stop at 3383, might as well see what happens at the open, be selling above after.
