And there goes yesterday low on SPX...complete engulf....
IT LONG TREND INTACT - Top this week
Started by
dTraderB
, Aug 15 2020 04:18 PM
144 replies to this topic
#51
K Wave
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Posted 18 August 2020 - 09:09 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
#52
12SPX
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Posted 18 August 2020 - 09:11 AM
Gotta love sell programs we'll see, profit stop 3382!
#53
K Wave
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Posted 18 August 2020 - 09:16 AM
NAZ decliners ramping up, suggesting possible big break away gap down on summation from already massively divergent position.
A lot of day yet to go though, so if bulls manage to stage a big stick save, could abort.
The pivot just set a few minutes ago could be the decider...
https://stockcharts....id=p44465978337
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#54
12SPX
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Posted 18 August 2020 - 09:27 AM
Ya agree lots of day left and this is just too obvious! The best news though is I started selling the September 3500 calls for $18.00, way to high priced at this stage!!
#55
K Wave
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Posted 18 August 2020 - 09:27 AM
Has all the earmarks of a rising wedge final throwover this AM....
$CPCE bottomed at extreme level and now turning up, divergences on longer time frames all over the place, and now an apparent breakout/fakeout to finish it off...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#57
dTraderB
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Posted 18 August 2020 - 09:38 AM
Reopened 11280 buy limit filled
Busy,!
Closed Nq hedge +193
Will reopen lower, later
#58
12SPX
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Posted 18 August 2020 - 09:39 AM
Okay was just taken out as I moved my profit stop to 3373 for a profit of 15 points. Start selling above with this bounce...
#59
dTraderB
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Posted 18 August 2020 - 09:56 AM
Reopened 11280 buy limit filled
Busy,!
Closed Nq hedge +193
Will reopen lower, later
daytarding the hedge ! closed + 53
will reopen ater
#60
dTraderB
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Posted 18 August 2020 - 09:56 AM
Reopened 11280 buy limit filled
Busy,!
Closed Nq hedge +193
Will reopen lower, later
daytarding the hedge ! closed + 53
will reopen ater
volatile, bit fizzy & frothy
but still not a ST top made
