Euphoria, euphoric rally - China plays the stall card to extract more

I meant a 6.8% pullback from about 3135/36 to near 2921/22 SPX cash, Dec 3-11.  I still see about 3125 SPX cash before a little 1.44% pull back occurs later this week to near 3080.  This top could occur either today or early Tuesday. Today is 4 TD low -1 and a Jup/Sat low.  Tuesday is a solunar top. We'll see how it plays out.

I meant a 6.8% pullback from about 3135/36 to near 2921/22 SPX cash, Dec 3-11.  I still see about 3125 SPX cash before a little 1.44% pull back occurs later this week to near 3080.  This top could occur either today or early Tuesday. Today is 4 TD low -1 and a Jup/Sat low.  Tuesday is a solunar top. We'll see how it plays out.

Your wishes may come true...

Hate to say but all these same guys have been saying were going to see corrections on forward dates for a while now and it still hasn't come so I'd take heed here.  Best to go with the trend but will add that  this has turned into a sick market rise now so keep your stops tight cause it could turn for no reason at all and we could are down -2% in a blink of an eye.  

Whole lotta churnin' goin' on....

VIX still hinting at tide change...

Let's see what the afternoon brings.....

Hate to say but all these same guys have been saying were going to see corrections on forward dates for a while now and it still hasn't come so I'd take heed here.  Best to go with the trend but will add that  this has turned into a sick market rise now so keep your stops tight cause it could turn for no reason at all and we could are down -2% in a blink of an eye.  

Yep.....  28 days since my buy signal and some systems have been stopped out a few times during the current move up.....  LOL.... at some point they will be correct I guess..... Lots of warning indicators, but to go short against the trend using triple leverage is very poor trading in my opinion.....  I'm flat and waiting on a VXX buy signal....  The VXX trend remains DOWN until it's NOT..... Bottom line - The  SPY trend remains up, and VXX remains down.... I wait for my daily signal to change before buying VXX.  IWM still having trouble. So many systems out there that are such a waste of money.....

Ignore the noise, talking heads, etc..... IF YOU ARE a TRADER! I just trade the daily trends.... LOL... Investors good luck.....

https://stockcharts....081&a=700913601

Edited by robo, 18 November 2019 - 12:33 PM.

seven spentitalls.....>

Whole lotta churnin' goin' on....

 

VIX still hinting at tide change...

 

Let's see what the afternoon brings.....

thomas Retweeted thomas

thomas added,

thomas @*

Here's the VISUALS...

Show this thread

https://twitter.com/VolumeDynamics

Breadth just keeps gettin' stinkier as it churns away up here....

Edited by K Wave, 18 November 2019 - 03:35 PM.

Breadth just keeps gettin' stinkier as it churns away up here....

Its amazing how you go from one month of normal trading and then even though everything indicates volatility should continue it doesn't.  Has'n t even been a -1% decline yet this month.  Never really understand why they allow it to go this way, always thought the market was maturing lol!!  

seven spentitalls.....>

LOL..... The same reasons over and over why the market "SHOULD" go down....  For me the bottom line is this - It has been 28 days since my last buy signal, and the trend remains up. Hold long positions until we get the VXX buy signal.....

I trade the trend. I trade what is happening not what I think will happen.  A VXX buy signal "LOOKS" to be very close now, but I will wait for the signal.

https://stockcharts....749&a=701126433

Edited by robo, 19 November 2019 - 09:29 AM.