128 replies to this topic

[redfoliage2]

support held, bears failed.  Likely to gap up in the morning.

Edited by redfoliage2, 10 December 2020 - 03:34 PM.

[12SPX]

I was hoping for  a short at 3675 but still havn't got it, not sure if i want to now! 

[12SPX]

Darn it I was to stuck on that 3675 level, coulda had two more nice trades, hopefully the pajama traders will get me my fills tonight!! 

[dTraderB]

Market is extremely resilient, few want to sell, many want to buy, hence declines are not more than even 1%.

 

Could still go up another 5% by end of year but the buying panic will end - anytime from now until Dec 31 - with a sharp decline. 

 

 

support held, bears failed.  Likely to gap up in the morning.

[redfoliage2]

 

Market is extremely resilient, few want to sell, many want to buy, hence declines are not more than even 1%.

 

Could still go up another 5% by end of year but the buying panic will end - anytime from now until Dec 31 - with a sharp decline. 

 

 

support held, bears failed.  Likely to gap up in the morning.

 

Internals stay strong today.  I see those who are expecting much downside before the end of the year is likely to be disappointed, we shall see new highs before long ................

Edited by redfoliage2, 10 December 2020 - 09:17 PM.

[salam]

 

 

Market is extremely resilient, few want to sell, many want to buy, hence declines are not more than even 1%.

 

Could still go up another 5% by end of year but the buying panic will end - anytime from now until Dec 31 - with a sharp decline. 

 

 

support held, bears failed.  Likely to gap up in the morning.

 

Internals stay strong today.  I see those who are expecting much downside before the end of the year is likely to be disappointed, we shall see new highs before long ................

 

So, where would you consider buying this dip Red? 

[12SPX]

This turned out nice for me just after the night session started I wasn't greedy and took the short at 3673 and now have a profit stop at 3650 for the open.  As I said yesterday the market may retest that 3650 level and here we are.  Am looking for a long a little lower just waiting for the open now! 

[12SPX]

There we go out for a 23 point profit, hesitiant to long here would like a pullback to around 3640 and maybe start a build there! 

[redfoliage2]

 

 

 

Market is extremely resilient, few want to sell, many want to buy, hence declines are not more than even 1%.

 

Could still go up another 5% by end of year but the buying panic will end - anytime from now until Dec 31 - with a sharp decline. 

 

 

support held, bears failed.  Likely to gap up in the morning.

 

Internals stay strong today.  I see those who are expecting much downside before the end of the year is likely to be disappointed, we shall see new highs before long ................

 

So, where would you consider buying this dip Red? 

 

I bought ES yesterday ................

[12SPX]

Took the plunge, started a long build at 3643 will add if need be...