50 replies to this topic

[redfoliage2]

After back filling the gap SPX is likely to go higher.  a classic action ......................

Edited by redfoliage2, 04 August 2023 - 09:28 AM.

[hhh]

The 15-minute hit the 38.2 retracement of the decline since the 07/27 top with less than impulsive looking waves into a tweezer top, one of Pesavento's favourite short term patterns. 

[redfoliage2]

My VST target for ES is at 4560 that was met.  So I just took the profit on the ES calls..........................

Edited by redfoliage2, 04 August 2023 - 12:02 PM.

[Keepingcool]

is it really possible the US can avoid a recession...just seems like a birthday cake candle wish.

just doesn't sit right despite what  many are saying....and hoping.

[redfoliage2]

But it's entirely possible the market may close the day at high today.  I'd not go short and expect dips to be bought  ....................

Edited by redfoliage2, 04 August 2023 - 12:35 PM.

[redfoliage2]

Edit

Edited by redfoliage2, 04 August 2023 - 01:32 PM.

[12SPX]

Well isn't this exciting, starting my short build at 4485 once again, missed my second long by just a little lol!!  

[12SPX]

profit stop 4480 sell above

[12SPX]

was out for 5 points profit and back in with a short build at 4485 for the weekend

[12SPX]

What the heck, profit stop 4484 sell above