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Relief Bounce... RUG PULL resumes...


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#21 12SPX

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Posted 08 August 2023 - 10:41 AM

Actually as I’ll be back tomorrow I’ve played with. Some longs on the ES at 4488 for 2 points and currently 4489, will be profit stopping as we move up in and out before going short again lol, well see,,.



#22 redfoliage2

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Posted 08 August 2023 - 11:01 AM

Now this is close to a ST buy .................



#23 redfoliage2

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Posted 08 August 2023 - 11:24 AM

Now this is close to a ST buy .................

Bulls need to push ES above 4500 in the afternoon  ...............


Edited by redfoliage2, 08 August 2023 - 11:26 AM.


#24 redfoliage2

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Posted 08 August 2023 - 12:41 PM

Now I see a good bounce up in the cards for tomorrow....................


Edited by redfoliage2, 08 August 2023 - 12:47 PM.


#25 redfoliage2

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Posted 08 August 2023 - 01:54 PM

BTW, the opening gap generated today is likely to be filled tomorrow .....................


Edited by redfoliage2, 08 August 2023 - 02:01 PM.


#26 SteveB

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Posted 08 August 2023 - 02:15 PM

I'm watching the one up at 4575 on 8/2. Sure looks like bull bacon.... I'm wondering when that one will fill.



#27 redfoliage2

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Posted 08 August 2023 - 02:44 PM

BTW, the opening gap generated today is likely to be filled tomorrow .....................

Now the ST bottom was confirmed...................


Edited by redfoliage2, 08 August 2023 - 02:50 PM.


#28 dTraderB

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Posted 08 August 2023 - 08:13 PM

CHINA dragging down global markets

Key developments that could provide more direction to markets on Wednesday:
China CPI and PPI inflation (July)
South Korea unemployment (July)
Japan broad money supply (July)

#29 dTraderB

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Posted 08 August 2023 - 09:43 PM

Trimming a few ASIAN LONGS on this small bounce... unhedged LARGE POSITION seems a bit reckless but will hold most of it.

#30 dTraderB

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Posted 08 August 2023 - 09:44 PM

Markets nervous & unstable... but I think it may bounce again, then fall lower...
Until sustainable low below ES 4400

BTW, the opening gap generated today is likely to be filled tomorrow .....................

Now the ST bottom was confirmed...................