Profile | Red Dragon Leo - Stock Market Trading on the Darkside

WOW! What a nice drop yesterday. As of the close we are only about 150 points away from the FP on the SPY now, so...

May 1, 2024

A nothing day yesterday as the market is in a "wait and see" mode it seems. Really not much to add here as the 50%...

April 30, 2024

We got the rally to the 50% retracement that I was looking for on Friday by coming just 2 points shy of 5148, so that's...

April 29, 2024

The Typical Scenario... No time was wasted yesterday as it put in the bottom for my smaller B wave, which I thought might carry into...

April 26, 2024

As expected we had a pause day yesterday being up part of the day and down part of the day, but closing about flat. Then...

April 25, 2024

Yesterday rally has likely killed my wave count. The resistance was busted through, and now we appear to be getting the 50% rally up that...

April 24, 2024

We didn't get that last drop yesterday as the market was too oversold short term it seems. A nice bounce happened instead, which could last...

April 23, 2024

The market continues lower as we get closer and closer to the FP on the SPY. Last Thursday had a nice drop in the futures...

April 22, 2024

A nothing day yesterday as the chop continued. This 5050 area on the ES is critical support for the bulls, which is why it's been...

April 19, 2024

The market finally broke down yesterday but then recovered a lot of it before the close. Nothing really to do right now but wait as...

April 18, 2024