194 replies to this topic

[K Wave]

Rusty and XRT with very similar charts in Full Compression mode on Daily....

 

[redfoliage2]

 

 

It's no good front-running the Fed:

https://www.investin...creases-2946880

H&S top on the ES hourly, expect bounces to be sold ........................

To re-test the low ..................

[K Wave]

Here comes the test of 150 on Apple....see what happens dead ahead here...

[12SPX]

Good morning, up early again, 3rd time this week.  Did a couple more longs yesterday while I was out and ended the day out of the market but overnight I put on my rogue trades for the pajama traders to fill and they came through at a nice even 3950 and 11700 on the ndx with profit stops of 3965 and 117500 now for the start of expiration.  Both of these are unofficial though as they weren't posted when filled.  Not shocking were up going into it of course because it doesn't make sense with bonds backing up. 

[K Wave]

Dow still climbing the ladder after yesterday dip.

 

Would take another trip under 33.5K now to start any kind of descent..and if that happened, could be fast.

 

But if it manages to blow out 34K, along with Rusty taking out 1900, then bulls more intermediate prospects would start to look a bit brighter.

 

As long as Apple holds above the 150 pivot from yesterday afternoon, bulls have the ball, but below 150 again, and things could start to get dicey.

 

 

 

[dTraderB]

Extremely busy 2 days! Also, our business needs me at this time of the year.
Will close LONGS, most of it, some already in pre-market.
Will hold CALLS and 1 ES & 1 NQ HEDGE SHORT

Most likely, will close all today BUT HOLD TLT & UVXY CALLS

Buying... new longs
Big tech
Amzn googl aapl semis financial

[dTraderB]

My strategy is based on this: RATES & YIELDS HAVE PEAKED, hence buy "panic" dips. However, BULLS cannot rampage ahead now, not as yet, so I sell irrationally exuberant rallies.

[dTraderB]

I will buy dips in HANG SENG and CHINA A50

[dTraderB]

Bulls will rally this into end of year but will be reined in when excessive exuberance is reached.

All above with the caveat:GEOPOLITICAL EVENTS will nullify TA, FA etc

[linrom1]

100-years of home improvements sales.