81 replies to this topic

[redfoliage2]

We are likely to see new highs coming before the Fed day ..................

[redfoliage2]

ST target ES 5700 ...........................

Edited by redfoliage2, 13 September 2024 - 09:44 AM.

[redfoliage2]

ST target ES 5700 ...........................

This is just my FF for the next few days, but it could be higher ..........................

Edited by redfoliage2, 13 September 2024 - 09:54 AM.

[12SPX]

ST target ES 5700 ...........................

lol!!!  Always love the flip. I bet your voting for Kamala, my short build is at 5652...

 

It looks the bounce has run out of steam.  It was bought on the rumor yesterday now likely selling on the fact.  VST SPX may have to revisit 5507...................

Edited by redfoliage2, Yesterday, 06:57 AM.

[redfoliage2]

You got to be agile with the ever-changing market conditions .......................... 

[redfoliage2]

We are likely to see new highs coming before the Fed day ..................

BTW, it's likely a trend day for today as usual on a bullish Friday ............................

Edited by redfoliage2, 13 September 2024 - 11:15 AM.

[redfoliage2]

Something going on behind this unstoppable bull run.  I'd not be surprised if they make this another V shaped recovery before the Fed day as this bounce has already passed the 0.618 Fibonacci retreacement .............................................

It looks "something" behind the unstoppable bull run in the recent days is that invisible hand .........................

Edited by redfoliage2, 13 September 2024 - 12:04 PM.

[12SPX]

You got to be agile with the ever-changing market conditions .......................... 

Now I understand why you never post trades cause you must take a lot of losses lol.  Markets do change direction but as you've noticed with d and my trades, we take profits that we post live so we adjust pretty well lol!!  

[redfoliage2]

It's the Great Liquidity Transfer from MM into stocks, gold and bonds just before the Fed kicking off its easing cycle.  Longer term I see SPX at 6500 at some point next year  .......................

Edited by redfoliage2, 13 September 2024 - 12:50 PM.

[dTraderB]

Es dec 5684 long