186 replies to this topic

[K Wave]

welcome to August in May....zzzzzzzzzzzzz

[dTraderB]

I cannot trade this crap

 

wondering if to take a few days off until MEMORIAL  DAY WEEKEND BUT markets coiling and will explode or implode soon

 

 

welcome to August in May....zzzzzzzzzzzzz

[dTraderB]

only daytrading this crappy market

 

but even intra bar ranges are low

 

but as we all know markets coiling like this into a compressed mode will soon explode

 

 

 

And just like that, average short 4145 lol, cmon 50 average lol!! 

[dTraderB]

NOTE THIS--- nearing zero line 

will it  be rejected there or jump above zero?

 

https://www.marketin...llan-oscillator

[dTraderB]

https://www.marketinout.com/chart/market.php?breadth=advance-decline-line 

 

 

and this hovering around ZERO

https://www.marketin...-highs-new-lows

 

NOTE THIS--- nearing zero line 

will it  be rejected there or jump above zero?

 

https://www.marketin...llan-oscillator

[12SPX]

Well isn't that interesting about Home Depot, worst slowdown since 2008 and were not in the middle of a financial crisis!!  The second stage of the everything bubble is happening grindaly of course but is happening.  The market is in denial or more like it grindaly,,,, I like my new word lol!!!  As everyone knows I have been saying for some time that that is where the market is but one day suddenly it will hit people and boom thar she blows.  Not sure exactly when its going to happen but we'll see how the summer goes!!  For now I have a lot of out of the money pricey calls sold and for trading still holding my short at 4145. 

[12SPX]

And an interesting retail report.  Profit stop 4145, sell right above, see how the cash market opens!! 

[12SPX]

Well isn't that irratating, out for 1 point profit so starting my short build at 4147...

[12SPX]

Knew that wasn't gonna hold but for now knew ii wasn't gonna get to 4150 either lol, profit stop 4146

[K Wave]

this AM pivot low is the get outta Dodge point on Naz now....see what bulls have left in the meantime...