187 replies to this topic

[dTraderB]

Macro Charts (@MacroCharts) tweeted at 7:00 am on Tue, Sep 22, 2020:
The Dollar & Stocks have moved like a mirror image since March (updated from Aug 24).

As I said then: in a liquidity-driven market, the biggest risk could be any drop in liquidity triggering a USD rally.

Everything suggests the Dollar rally is just getting started. Stay nimble. https://t.co/sadirp3Rop
(https://twitter.com/...5153866753?s=03)

[dTraderB]

Small loss in LT PORTFOLIO YESTERDAY. VOO, XLF and BAC were down and SPY PUTS profits could not make it a net profit day

One of my best NQ days & RISK PORTFOLIO profit. Large swongs down & up, daytrade PUTS, good hedge long trades.

[dTraderB]

Hourly NQ & ES candles formed basing pattern and then reversed up yesterday

 

This morning, the last completed hourly candle was red and could be telling us another reversal down is coming. However, SPX 3280 is key resistance as is NQ 11060

[dTraderB]

SentimenTrader

@sentimentrader

 

QQQ fund flows: according to Bloomberg, we just saw the biggest outflows since the *dot-com bust* Similar days with large outflows almost always led to more losses for the NASDAQ over the next few weeks

 

[dTraderB]

Macro Charts

 

@MacroCharts

·

Sep 21

 

Equity Flows. Updating this stunning chart from DB: (1) Tech keeps getting non-stop record flows – no fear at all despite a 12% drop. (2) Incredible how there's still *nearly zero* net buying in 8 key Sectors – a winner-take-all market driven by extreme investor preferences.

[dTraderB]

Tom a bit bearish, objective only? 

 

Tom McClellan

 

@McClellanOsc

 

The SP500 sideways move between 3300-3400 constitutes a halfway measuring flag structure. Now with the breakdown out of it, that projects a downside objective to around 3180. Reminder: "objective" ≠ guarantee.

[dTraderB]

McOsc near critical support

 

[dTraderB]

closed all of that NQ daytrade short

 

letting the market gradually close my shorts or longs but closing partially first to take profits and then market do the rest

[dTraderB]

Much more careful about going NQ long daytrades... for now

 

Yesterday's lows are very important, if they hold on any retest then buy tons of stocks and CALLS

 

https://www.marketin...ce-decline-line

[dTraderB]

https://www.marketin...summation-index