Trying a long build at 3408....
10 Wild & Frenetic Trading Days -- but Bullish after Nov 2nd
#51
Posted 22 October 2020 - 09:47 AM
#52
Posted 22 October 2020 - 09:52 AM
Nice pops, profit stop 3415!!
#53
Posted 22 October 2020 - 10:27 AM
Hmmmmm to raise the stop or not, ok 3418 just to keep it a nice round profit!!
#54
Posted 22 October 2020 - 12:44 PM
Action today/tommorow is *key* now for the bull case in $SPX. We've flagged for 2 weeks, backtested the 3420 zone which caused the run to 3530 this month, and are putting in a hammer candle today. All ingredients here, bulls need to move directly now to keep bull case in play
#55
Posted 22 October 2020 - 12:46 PM
S&P500 has now lost 3 opportunities to break lower and trade 3380 below that 3460 support became resistance, capping rallies all week 👇
If we can open today /tomorrow above 3470, we are talking about 3600 by next Friday.
Now 3425.
#ES_F $SPX $NDX $SPY
#56
Posted 22 October 2020 - 12:53 PM
I see a range bound market btw 3400-3500 until the election, SPX may surge towards the election if one side has the clear lead
#57
Posted 22 October 2020 - 01:18 PM
Profit stop 3432....
#58
Posted 22 October 2020 - 02:37 PM
TIC TOC:
These are 2 critical levels which will decide next 100 💯 points after a daily close above/below :
1. 3470
2. 3380
Now 3451.
#ES_F $SPX $NDX $SPY
#59
Posted 22 October 2020 - 06:08 PM
Raising my profit stop to 3445 for overnite trading as I'm sure the debate will create lots of volatility.
#60
Posted 23 October 2020 - 07:57 AM
Sleeping in more and more, where did the pajama traders go to fill those rogue trades though! Trying a short build here at 3462!