This etf is showing what is happening & will happen to the NASDAQ
#1
Posted 29 June 2020 - 10:18 AM
17_16
#2
Posted 29 June 2020 - 10:34 AM
17_16
#3
Posted 29 June 2020 - 01:06 PM
Even with them pumping the dollar today the markets still have considerable work ahead to reach the bottom of the trend line (and kiss it goodbye?). What about that PPO divergence - if not burned through it foretells a substantial price correction ahead.
#4
Posted 29 June 2020 - 01:07 PM
Fang 3x inverse bear fund is showing the fang stocks have topped.
Edited by Russ, 29 June 2020 - 01:09 PM.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/
#5
Posted 29 June 2020 - 03:00 PM
Market will need at least 18 months to reach 20% higher from here.
#6
Posted 29 June 2020 - 03:01 PM
#7
Posted 29 June 2020 - 05:12 PM
being bearish is sooo easy.....anybody can do it.....geeziz and why isnt any day trader here bragging about the money they made today on the long side?
Edited by da_cheif, 29 June 2020 - 05:14 PM.
#8
Posted 29 June 2020 - 05:28 PM
being bearish is sooo easy.....anybody can do it.....geeziz and why isnt any day trader here bragging about the money they made today on the long side?
Longside has been tough for anything but a scalp ..... until today . So maybe that is why any bulls are quiet. Been a tough market for any swing trader (long or short). I only picked up 65 points longside on NQ today. Missed another 100. So, thats on me, not feeling bullish or bearish IT yet. Just taking what I can on shorter time frames where I feel like I can control risk.
#9
Posted 30 June 2020 - 03:32 AM
being bearish is sooo easy.....anybody can do it.....geeziz and why isnt any day trader here bragging about the money they made today on the long side?
It's like a cycle. When you're new to trading, you're almost always really bullish. Then eventually you get losses and you either learn to be nimble, or you care too much about the fundamentals etc and become overly bearish... then finally you recognize that something like $10k in AMZN from its IPO would be 12 million today. It's just a simple strategy, buy and hold, that most can't cope with making their money so easily, they have to somehow be smarter than the market instead of milking it.
#10
Posted 30 June 2020 - 07:49 AM
being bearish is sooo easy.....anybody can do it.....geeziz and why isnt any day trader here bragging about the money they made today on the long side?
Yup 56 points but I never brag about anything, its just another job. Now I'm sitting on 8 point profit stops for my sell lol!! My sold options both sides are starting neutralize though which is good!! And disagree, its easy being bullish the past 20 years with the Fed rescues, its tough being bearish when its sooooo bullish but usually that is the sign of a top too and not talking about sentiment, I like option prices to tell me that!