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Pushing higher... but more GOOD news fuel needed ....


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#51 dTraderB

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Posted 18 November 2020 - 07:32 AM

Pfizer puts COVID vaccine effectiveness at 95%; authorization to be sought soon https://t.co/aEoS1hebYN

#52 dTraderB

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Posted 18 November 2020 - 07:35 AM

ADAM:

We are coming to the end of day 2 of chop #ES_F as we continue to build out a bull flag on the hourly chart since Monday's high and this is now a very textbook bull flag with 3630 resistance and 3575 support/failure

Market awaiting a catalyst to push this to 3660/3720 targets

#53 dTraderB

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Posted 18 November 2020 - 07:37 AM

Investor sentiment is still high. Chief U.S. Strategist @edclissold notes that the optimism, together the relentless bullishness, is a sign that the selloff has further to go. Read the full analysis from @business |
https://t.co/FwR6dZ3ApQ

#54 dTraderB

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Posted 18 November 2020 - 07:40 AM

The levels are important for my charts

TIC TOC:
Trade plan 11/18:

Order-flow Pivot is 3622

I have following 2 sets ups:

1. Look for longs if cash session > 3622, targets 3656

2. Short set ups if cash < 3622, targets 3586

Now 3615

#ES_F $SPX $NDX $SPY

#55 dTraderB

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Posted 18 November 2020 - 07:44 AM

I forecast high of SPX 4350 TO 4400 IN 2021

"2021 targets coming fast and furious now

Credit Suisse Sees S&P 500 At 4050 By End Of 2021"

#56 dTraderB

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Posted 18 November 2020 - 09:57 AM

May even go LONG ES on next ST LOW.

#57 dTraderB

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Posted 18 November 2020 - 09:57 AM

Will go long ES on next ST LOW

#58 dTraderB

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Posted 18 November 2020 - 11:47 AM

this could be a huge rally or a huge decline, but it will break out - up or down, soon!

 

I THINK IT GOES UP....

WHICHEVER WAY,  I  will ride it 

 

note rising commodity prices... mild inflation good for stocks, could surpass FED targets



#59 dTraderB

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Posted 18 November 2020 - 02:37 PM

ES LONG HEDGE 3592.75

CLOSED NQ HEDGE LONG, FLAT HEDGD NQ

#60 dTraderB

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Posted 18 November 2020 - 02:38 PM

17 SPY JAN PUTS
1 ES HEDGE LONG