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It Looks that the Congress Just Passed a Bill After Close > No Shutdown

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#11 redfoliage2

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Posted 01 October 2021 - 02:18 PM

 

No no they saved the market and turned it around lol!  Theyre awake while we sleep, market was down big when I was going to sleep, made my longs look great overnight lol!! 

This is a huge intra-night reversal in the futures market.  If you went long ES at lows overnight you are making big money now ................

 

What a dramatic reversal in a news-driven market ..........................


Edited by redfoliage2, 01 October 2021 - 02:25 PM.


#12 pdx5

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Posted 01 October 2021 - 07:37 PM

What is this news all about?

https://www.zerohedg...s-ordered-staff

 

(in a news driven market)


Edited by pdx5, 01 October 2021 - 07:38 PM.

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

#13 redfoliage2

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Posted 02 October 2021 - 10:32 AM

What is this news all about?
https://www.zerohedg...s-ordered-staff
 
(in a news driven market)


It was only reported after the market close on Friday that the House was unable to get a vote on the bill as the market had expected. Lets see how the market will react Monday

#14 redfoliage2

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Posted 04 October 2021 - 08:39 AM

It looks that bears still not done with it, and SPX may have to visit 4250 - 4270 area ...............................


Edited by redfoliage2, 04 October 2021 - 08:43 AM.


#15 redfoliage2

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Posted 04 October 2021 - 12:12 PM

Watch out - Currently bears/sharks on the Street are in firm control, and ES may go all the way down to sub-4200  ......................


Edited by redfoliage2, 04 October 2021 - 12:14 PM.


#16 redfoliage2

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Posted 05 October 2021 - 10:01 AM

Just an oversold bounce as nothing was resolved or being resolved.  More spikes to come, up and down ..........................


Edited by redfoliage2, 05 October 2021 - 10:02 AM.


#17 12SPX

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Posted 05 October 2021 - 10:47 AM

hmmmmmmm, I made 42 points long this morning but am starting to short now....



#18 redfoliage2

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Posted 05 October 2021 - 02:27 PM

It's likely the market will be disappointed tomorrow............................


Edited by redfoliage2, 05 October 2021 - 02:29 PM.


#19 redfoliage2

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Posted 06 October 2021 - 08:17 AM

The correction is still in progress as bounce attempts were consistently sold. I see the chance is very high for more downside before the month ends.......................


Edited by redfoliage2, 06 October 2021 - 08:26 AM.


#20 redfoliage2

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Posted 06 October 2021 - 09:05 AM

Watch out:  The shoulder line of the H&S topping pattern on SPX daily just got broken .............................


Edited by redfoliage2, 06 October 2021 - 09:06 AM.