83 replies to this topic

[dTraderB]

I missed this call from Tim:

Tim Ord

 

@OrdOracle

 

Intermediate term advances can be identified when Advancing issues – Declining issues reach minus 80% than reverse and than reach +80%. This chart goes back one year and the blue circles on the $SPX chart show the times when this setup occurred. $qqq $spy

[dTraderB]

SentimenTrader Retweeted

 

 

 

Dean Christians

 

@DeanChristians

·

8h

 

We've seen a lot of chatter about risk-on indicators of late. The SentimenTrader Risk On/Off indicator combines 21 unique components into a weight-of-the-evidence approach to assess market conditions. It just triggered a buy signal.

[dTraderB]

Adam Mancini

 

@AdamMancini4

·

2h

 

$SPX Continues to perfectly follow its seasonality trajectory: As posted, the seasonal low for the year end rally is Oct 11-13 & that's when this began IF it continues tracking, the next week is typically a basing week before launching into a massive 1st half of November rally

[dTraderB]

 

 

Harrison Bergeron

 

@fundandtechy

 

Replying to

@DougKass

and

@CNBC

October is more nuanced than that according to Stock Traders Almanac. First half typically stinks, second half is off to the races. Seems spot on for 2021. And Sept is the worst month statistically. Again, spot on

[dTraderB]

Tom McClellan

 

@McClellanOsc

·

Oct 19

 

NYSE A-D Line needs 854 net advances Tuesday to get back to all-time high.

[dTraderB]

Big move up

 

https://www.mcoscill...t_breadth_data/

[dTraderB]

Closed all CRUDE shorts

will reopen above 83

 

 

Gains in NQ daytrades and QQQ puts, losses in VXX CALLS & CRUDE, net loss, first red day this week. 

 

Am not keen on the market at these levels, Snot convinced in HORT or LONG but I prefer to risk a but on the SHORT side. 

Even on SHORTS, I am holding back.

 

10 QQQ PUTS

10 VXX CALLS

6 CRUDE SHORT

 

Start of next QQQ & SPY PUT position, paying more for JAN QQQ & SPY, in the money

 

5 QQQ JAN PUTS

 

Also holding 10 VXX CALLS

 

 Will add more VXX CALLS & QQQ PUTS on market rallies

Will short CRUDE above 82.4

 

[12SPX]

That's interesting I would think that would be a longer hold or an add to but don't know much about it.  Still a yawner waiting for some type of pullback and still sitting with a 4480 average short.  Might add some more of these expensive calls lol!!! 

[dTraderB]

Just do not trust this market since last week, except for ST trading

I want to see how it behaves after pullbacks, even shallow ones

 

That's interesting I would think that would be a longer hold or an add to but don't know much about it.  Still a yawner waiting for some type of pullback and still sitting with a 4480 average short.  Might add some more of these expensive calls lol!!! 

[dTraderB]

CRUDE too volatile... even for ST trading

closing all 5 shorts, 18 to 29 cents profit

Prefer to do this than hold for longer periods