profit stop 3815
Volatile & Uncertain Summer Market: ES 3400 to 4300
Started by
dTraderB
, Jul 04 2022 09:40 PM
79 replies to this topic
#32
redfoliage2
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Posted 05 July 2022 - 02:15 PM
The market is on something pending. Likely gap up .......................
Edited by redfoliage2, 05 July 2022 - 02:15 PM.
#33
12SPX
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Posted 05 July 2022 - 02:22 PM
And there we go, out for a 60 point profit and 111 on the day, all listed on here, live when they were placed....
#34
K Wave
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Posted 06 July 2022 - 07:39 AM
So if I am right about an early July low, as I was dead right about a late March top, then something like this could play out on AMZN.
The fly in the ointment could be that IF Vanden Bossche is correct, things may head south sooner...but my guess is virus still needs couple more mutations before S hits the fan. BA.5 is close, virulence up a bit in highly vaxxed areas based upon early reports, but not quite there yet.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#35
K Wave
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Posted 06 July 2022 - 07:46 AM
AMD at what "should" be be MAJOR support (for now anyway) after an over 50% haircut to the target zone...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#36
12SPX
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Posted 06 July 2022 - 08:25 AM
Grind baby grind lol!! Agree with you on Amazon with the outlook multiplied for the overall market in the end. The rally won't be straight up though as your line indicates, grind grind grind will likely remain as you have to question why it hasn't it taken off with the 10-year bond around 2.80, oil flirting with $100 and commodities all down, the market should be soaring. The good news is I was filled on my long again where I left it yesterday overnight at 3815 and think I'll just hold it for the longer term which could be hours or days lol!!!
#37
12SPX
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Posted 06 July 2022 - 09:15 AM
Hmmmmm guess I better profit stop this trade with volatility kicking up 3816, buy much below.....
#38
redfoliage2
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Posted 06 July 2022 - 09:25 AM
The market is pending for a ST breakout depending on a trigger that should come anytime soon .........................
Edited by redfoliage2, 06 July 2022 - 09:26 AM.
#39
K Wave
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Posted 06 July 2022 - 10:37 AM
Trannies STILL looking like they are not done yet..and Rusty back to being weak sister.
So may take a bit more time to form a low.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#40
K Wave
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Posted 06 July 2022 - 10:49 AM
Trannies trying for the intraday floor recapture...if they can do it, and take out 13150 area, then final target run leg may be avoided....
Edited by K Wave, 06 July 2022 - 10:50 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
