Jump to content



Photo

ST Market


  • Please log in to reply
26 replies to this topic

#21 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 15,975 posts

Posted 17 June 2022 - 01:48 PM

I see a ST trend reversal is in the cards for next week regardless bears longer term target.  ST we are more likely to see SPX 4000 before anything else .............................


Edited by redfoliage2, 17 June 2022 - 01:56 PM.


#22 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 8,551 posts

Posted 17 June 2022 - 08:47 PM

 

It looks that buying programs running again after a pause yesterday..................

Are bears still looking for SPX 3500?

 

Hahaha you remembered the 3500 but forgot the time line.

All these FF of prices without time line are as useless as a dead AA battery.

I try to add time line with my price FF, in this case before 2022 ends.


Edited by pdx5, 17 June 2022 - 08:48 PM.

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

#23 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 15,975 posts

Posted 17 June 2022 - 10:26 PM

After all these recent violent moves in stock prices typical of a quadruple witching game now NYMO has developed a Positive Divergence -  A reliable ST trend reversal signal .................................


Edited by redfoliage2, 17 June 2022 - 10:29 PM.


#24 pdx5

pdx5

    I want return OF my money more than return ON my money

  • Traders-Talk User
  • 8,551 posts

Posted 17 June 2022 - 11:08 PM

After all these recent violent moves in stock prices typical of a quadruple witching game now NYMO has developed a Positive Divergence -  A reliable ST trend reversal signal .................................

I have no reason to disagree with above ST move.

My trades are aimed at 1+ year holding periods to pay tax at lower rate.

I am expecting S&P500 to break below 3500 before December.


Edited by pdx5, 17 June 2022 - 11:09 PM.

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

#25 fib_1618

fib_1618

    Member

  • Traders-Talk User
  • 9,836 posts

Posted 18 June 2022 - 07:45 AM

After all these recent violent moves in stock prices typical of a quadruple witching game now NYMO has developed a Positive Divergence -  A reliable ST trend reversal signal .................................

 

Currently, you only have the POTENTIAL for divergence...Quad Witch might be hiding what actually lies beneath.

 

It's like thinking you can cross a flooded street or river, but then find out that the middle is far deeper than you thought.

 

Fib


Better to ignore me than abhor me.

“Wise men don't need advice. Fools won't take it” - Benjamin Franklin

 

"Beware of false knowledge; it is more dangerous than ignorance" - George Bernard Shaw

 

Demagogue: A leader who makes use of popular prejudices, false claims and promises in order to gain power.

Technical Watch Subscriptions



 


#26 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 15,975 posts

Posted 21 June 2022 - 12:39 PM

The NYMO Positive Divergence is very likely to be confirmed after the close today when the delayed data is out ............................


Edited by redfoliage2, 21 June 2022 - 12:46 PM.


#27 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 15,975 posts

Posted 23 June 2022 - 10:42 AM

The NYMO Positive Divergence has been confirmed.   This marks a ST down trend reversal and the market is to go higher toward the end of the quarter as this signal usually indicates .........................


Edited by redfoliage2, 23 June 2022 - 10:46 AM.