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"BULLS REFUSE PEACEFUL TRANSFER OF POWER TO BEARS" - ST up, IT down


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#21 blustar

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Posted 27 September 2020 - 02:25 PM

 

I expect a strong attempt to continue Friday's rally, possibly another 3 to 5%  but it will be a great opportunity to build big short positions
 
SPX 3225 must hold or else it is down below 3K on that leg down
 
 
Lol, @TommyThornton with the headline of the day, for his Hedge Fund Telemetry: (https://t.co/CML7hLwT8B)
 
"BULLS REFUSE PEACEFUL TRANSFER OF POWER TO BEARS"

 

I have 2954 SPX cash minimum for the 6/7 OCT, but first 3333 cash by Sept 30, Eliades software says between 2800/2900 87.5% odds.


Blessings,

 

blu

BluStar Market Insights Subscriptions

 

 


#22 dTraderB

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Posted 27 September 2020 - 05:00 PM

VOTE HERE:

 

https://www.traders-...-monday-092820/

 



#23 dTraderB

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Posted 27 September 2020 - 05:02 PM

closed nq hedge long +29.5 points

did its job, may reopen later in Asian Session



#24 redfoliage2

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Posted 28 September 2020 - 01:07 AM

It looks bears getting a little uneasy  .................


Edited by redfoliage2, 28 September 2020 - 01:14 AM.


#25 orange

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Posted 28 September 2020 - 02:27 AM

Futures are all at their breakdown highs from Wednesday. They are also ALL at their 50SMA and 20EMA. So, this is where they need to consolidate and break through, otherwise it's going to be a disappointing Monday for the bulls. On the opposite note, we could have an explosive rally if consolidation goes well and they begin to break their resistance zones.

 

2xKSOfj.png


Edited by orange, 28 September 2020 - 02:28 AM.

"When your position is underwater, average down" - Professional Trader


#26 dTraderB

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Posted 28 September 2020 - 06:49 AM

Missed most of the pajama ramp up but got in a few long Nq from 5 am ... as posted above I expect a 3 to 5% rally from the Friday close before the next major move down. Will add to qqq and spy puts.

#27 dTraderB

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Posted 28 September 2020 - 06:51 AM

SPX 3400 possible this week.

Futures are all at their breakdown highs from Wednesday. They are also ALL at their 50SMA and 20EMA. So, this is where they need to consolidate and break through, otherwise it's going to be a disappointing Monday for the bulls. On the opposite note, we could have an explosive rally if consolidation goes well and they begin to break their resistance zones.
 
2xKSOfj.png



#28 dTraderB

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Posted 28 September 2020 - 06:52 AM

More ST up but the big bear will be back soon..

It looks bears getting a little uneasy  .................



#29 redfoliage2

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Posted 28 September 2020 - 06:54 AM

Futures are all at their breakdown highs from Wednesday. They are also ALL at their 50SMA and 20EMA. So, this is where they need to consolidate and break through, otherwise it's going to be a disappointing Monday for the bulls. On the opposite note, we could have an explosive rally if consolidation goes well and they begin to break their resistance zones.

 

2xKSOfj.png

Expect ES to consolidate here around 3330 ...................



#30 redfoliage2

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Posted 28 September 2020 - 06:57 AM

More ST up but the big bear will be back soon..
 

It looks bears getting a little uneasy  .................

Not necessarily.  I see October a .wild card.............

Edited by redfoliage2, 28 September 2020 - 07:03 AM.