For a short term swing trader, ES 2184 and SPX 2185 are the bull-bear lines. Swing has been bearish for nearly 3 weeks on SPX. The compression is immense, something i have rarely seen. We are not going see any plain vanilla move out of this compression. It's gonna be a doozy ! Above ES 2184 do not remain short. Short every rally below ES 2184 for now.....adios.
SPX - bull bear line
Started by
NAV
, Sep 06 2016 09:09 AM
6 replies to this topic
#2
NAV
-
- Traders-Talk User
- 16,087 posts
Member
Posted 06 September 2016 - 09:23 AM
Above ES 2184 do not remain short.
Forgot to mention, double down and go long above ES 2184. With stops of course.
Edited by NAV, 06 September 2016 - 09:24 AM.
#3
K Wave
-
- Traders-Talk User
- 26,890 posts
Member
Posted 06 September 2016 - 09:27 AM
SOX starting to underperform...just took out Friday's swing lows...
Edited by K Wave, 06 September 2016 - 09:27 AM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#4
OEXCHAOS
-
- Admin
- 22,023 posts
Mark S. Young
Posted 06 September 2016 - 12:02 PM
RUT lagging a bit, but Cumulative A/D Volume not showing any signs of weakness.
M
Mark S Young
Wall Street Sentiment
Get a free trial here:
http://wallstreetsen...t.com/trial.htm
You can now follow me on twitter
#5
SemiBizz
-
- Traders-Talk User
- 23,208 posts
Volume Dynamics Specialist
Posted 06 September 2016 - 12:09 PM
SOX starting to underperform...just took out Friday's swing lows...
Tsk Tsk... after a new 15 year high on Friday .... Notice it closed down on the day though.
Price and Volume Forensics Specialist
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#6
iloli way
-
- TT Member*
-
- 4,028 posts
iloli = I'm Laws Of Line's I(eye)
Posted 06 September 2016 - 01:27 PM
Second mouse megaphone ?
(red is still neckline of a potential h&s so far)
Edited by iloli way, 06 September 2016 - 01:30 PM.
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
#7
iloli way
-
- TT Member*
-
- 4,028 posts
iloli = I'm Laws Of Line's I(eye)
Posted 09 September 2016 - 12:37 PM
Second mouse megaphone ?
(red is still neckline of a potential h&s so far)
Let my chart do the followup talking...
Edited by iloli way, 09 September 2016 - 12:38 PM.
PRICE IS KING; LINE RULES! - Laws Of Line (LOL) Trading Systems
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
Swing Those Lines: I can calculate the motion of heavenly bodies, but not the madness of people! -- Issac Newton
