YUAN weakening as SPX falls: YUAN chart exactly opposite to S&P chart
Put it up next to ES Futures .... good trading tool
Posted 14 August 2019 - 11:39 AM
YUAN weakening as SPX falls: YUAN chart exactly opposite to S&P chart
Put it up next to ES Futures .... good trading tool
Posted 14 August 2019 - 11:59 AM
4 QQQ calls added
1/2 position XLF
Posted 14 August 2019 - 12:28 PM
only so many instruments you can trade
LOOK at that EURO !!! down again
Very hesitant to trade NQ long
May short VXX if it hits 31 OB
Posted 14 August 2019 - 12:41 PM
waiting for next NQ short....
or will market soar to SPX 2880 or higher?
Still think we see a lower low today, to about SPX 2820/30
Posted 14 August 2019 - 01:41 PM
final hour rally -- be alert!
Posted 14 August 2019 - 02:50 PM
Outlook for the next few weeks:
The market is in an IT correction. SPX is in wave c down of Wave A down. Here are the possible lows for SPX:
2770 - 38.2% retracement from the ATH 3029 to the 2018 Dec. low
2688 - 50% retracement from the ATH 3029 to the 2018 Dec. low
2610 - 61.8% retracement from the ATH 3029 to the 2018 Dec. low
2348 - 100% retracement from the ATH 3029 to the 2018 Dec. low
Even though the IT picture not looking good but it won't be done in just a few days. I'm sure there will be ST, VST bounces. I see a bounce as soon as tomorrow..............
Edited by redfoliage2, 14 August 2019 - 02:53 PM.
Posted 14 August 2019 - 03:06 PM
What a great day!
VIX up 25%
Tomorrow will be UP!
Posted 14 August 2019 - 03:08 PM
Outlook for the next few weeks:
The market is in an IT correction. SPX is in wave c down of Wave A down. Here are the possible lows for SPX:
2770 - 38.2% retracement from the ATH 3029 to the 2018 Dec. low
2688 - 50% retracement from the ATH 3029 to the 2018 Dec. low
2610 - 61.8% retracement from the ATH 3029 to the 2018 Dec. low
2348 - 100% retracement from the ATH 3029 to the 2018 Dec. low
Even though the IT picture not looking good but it won't be done in just a few days. I'm sure there will be ST, VST bounces. I see a bounce as soon as tomorrow..............
Same here. I would not go short over the weekend,,,,,, "they" may have bought PUTS yesterday, and CALLS today, LOL
Posted 14 August 2019 - 03:31 PM
14 QQQ NOV calls
1/2 position XLF LONG
Short TLT
Best NQ trading day for 2019! If I traded FULL NQ position before the cash session opened I could have added another 200 NQ points but I could not believe the market would tank to that extent.in an OPEX Wednesday
Got to rest for China YUAN fox tonight & another wild session on OPEX Thursday
Will not be surprised if there is another reversal overnight or early tomorrow
Still looking for SPX 2750-70 to be the low for this move and then gradually rally into September