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My FF: Down Tomorrow


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#1 redfoliage2

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Posted 05 April 2021 - 11:26 AM

EOM



#2 slupert

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Posted 05 April 2021 - 03:21 PM

I Would have been better if we retested today, but it didn't. you might be right, if we open up positive, I might look to scalp.



#3 redfoliage2

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Posted 06 April 2021 - 10:36 AM

The market opened with a gap-down then went back filling the gap.   Now more likely to follow thru the gap going down in the late afternoon ...................


Edited by redfoliage2, 06 April 2021 - 10:40 AM.


#4 pdx5

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Posted 06 April 2021 - 11:58 AM

No no no! I am selling more index funds today, I will get closing price...keep it up mr. market!!


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#5 redfoliage2

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Posted 06 April 2021 - 12:23 PM

WWW Tomorrow, let's see what's in the cards for the OpEx next week.  I'm open for either way .....................


Edited by redfoliage2, 06 April 2021 - 12:24 PM.


#6 redfoliage2

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Posted 06 April 2021 - 12:43 PM

I'd like to see the current over-bought conditions get resolved first ..............................



#7 redfoliage2

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Posted 06 April 2021 - 03:42 PM

The market is way over-bought, and a pullback is very likely .........................


Edited by redfoliage2, 06 April 2021 - 03:44 PM.


#8 redfoliage2

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Posted 07 April 2021 - 10:11 AM

Day-traders were able to mount a bounce since 9 am from the futures market, but I see this bounce may get sold in the late afternoon like yesterday ....................


Edited by redfoliage2, 07 April 2021 - 10:17 AM.


#9 redfoliage2

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Posted 07 April 2021 - 11:30 AM

BTW, the Fed meeting minutes is said to be out at 2 pm EST, that could move the market either way in the afternoon ..................................


Edited by redfoliage2, 07 April 2021 - 11:32 AM.


#10 redfoliage2

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Posted 07 April 2021 - 01:09 PM

It looks the bounce continues after the Fed minutes out.  If SPX closes the day above 4085 I see this bounce can go further higher  ..........................


Edited by redfoliage2, 07 April 2021 - 01:14 PM.