profit stop 4305, will buy lower....
BULLS recover -- more DECLINES ahead
Started by
dTraderB
, Oct 03 2021 03:52 PM
148 replies to this topic
#92
12SPX
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Posted 06 October 2021 - 08:38 AM
profit sop 4310, I'm thinking we see green today but after this initial surge may see a bit of a turnaround because of the push up....
#93
12SPX
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Posted 06 October 2021 - 08:45 AM
Rats it just touched it for a millisecond and out for a 9 point gain, wait for the pullback that may not come lol....
#94
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Posted 06 October 2021 - 08:54 AM
Hmmmmm I'm surprised, starting my long build at a nice even 4300....
#95
12SPX
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Posted 06 October 2021 - 09:09 AM
Well that's interesting, average long 4297....
#96
redfoliage2
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Posted 06 October 2021 - 09:20 AM
I see considerable further downside to go from here as the shoulder line of the H&S on SPX daily just got broken .............................
Edited by redfoliage2, 06 October 2021 - 09:22 AM.
#97
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Posted 06 October 2021 - 09:24 AM
profit stop 4300, look at that buy program so much fun....
#98
K Wave
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Posted 06 October 2021 - 09:27 AM
I see considerable further downside to go from here as the shoulder line of the H&S on SPX daily just got broken .............................
I am seeing inverse H&S on SPX short term right now...so bulls could still reverse this today.
But if that last pivot low goes, then possibility of some real ugliness...
Bulls have to reclaim 4370 to have convincing victory to start swing move back up.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#99
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Posted 06 October 2021 - 09:27 AM
profit stop 4305, still thinking we'll see green today though....
#100
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Posted 06 October 2021 - 09:32 AM
I see considerable further downside to go from here as the shoulder line of the H&S on SPX daily just got broken .............................
I am seeing inverse H&S on SPX short term right now...so bulls could still reverse this today.
But if that last pivot low goes, then possibility of some real ugliness...
Bulls have to reclaim 4370 to have convincing victory to start swing move back up.
Yup for sure, the place the market is in right now don't think its set for a straight down move. Were in a grind period right being hit from all sides of positive and negative events making it a great trading period. Sold some Oct 4100 puts for $16 this morning as were 8 days out now also. All my other trades are basically seeing full profits except my 4000 puts which continue to hold premium which tells me there is too much bearishness out there....
