Good for you Newbear. I also believed a turn was coming soon. Of course picking the exact date is tough, but never the less… we are now going up for awhile.
Don't forget we have a FP of 111.17 spy, and a turn date of the 12th. Should the print hit on that date, the shorting opportunity of a lifetime will arrive.
This is likely to be a chop fest all week. The smart move for the swing trader would be to wait until our turn date of the 12th (=/- a day or two) before making any big position trades.
You might be right on that Akka… thank’s for the information. I won’t block him for now, as maybe it’s an honest mistake. We’ll see? If he can fix his problem and explain it, then I’ll let it slid… if not, then…
SPY in a triangle
Dow Jones futures breaks the channel
We might back down from the current level and put in a “B” wave down, but I believe we are headed to 111.17 spy in an ABC (wave 2) pattern.
Good for you Newbear. I also believed a turn was coming soon. Of course picking the exact date is tough, but never the less… we are now going up for awhile.
Don't forget we have a FP of 111.17 spy, and a turn date of the 12th. Should the print hit on that date, the shorting opportunity of a lifetime will arrive.
Still long.
INDU is quiet close to it's 50 day MVG. One day rally does not mean anything.
This is called a “Bear Squeeze” from hell…
This is likely to be a chop fest all week. The smart move for the swing trader would be to wait until our turn date of the 12th (=/- a day or two) before making any big position trades.
One of these days I’ll buy ‘fear’ and that will be the time that things become more fearful
You might be right on that Akka… thank’s for the information. I won’t block him for now, as maybe it’s an honest mistake. We’ll see? If he can fix his problem and explain it, then I’ll let it slid… if not, then…