Near/at the 0.786 with divergent MFI/RSI. Might be a Cup & Handle forming; if so, the Handle typically retraces half the right wall of Cup.
Likely to sell within a week IMO. Could double top before it breaks; don't bet the farm yet!
Not advice; trade at ur own risk: GLTA!
Likely to sell within a week IMO. Could double top before it breaks; don't bet the farm yet!
Not advice; trade at ur own risk: GLTA!
Commentaire:
Amazing RSI on 2H hit 96; exhaustion gap frenzy IMO, see post below !
Commentaire:
NB: RUT slips back while NQ climbs, flip-flop pattern characteristic of the last pullback
Transaction en cours:
Looks like it might form a pinbar; hover Tues, slam Weds or Thurs IMO
Transaction en cours:
In october puts 295, 294 strikes;
look, short interest at ATH:
www.marketwatch...eak-11602615882?mod=mw_lat...
look, short interest at ATH:
www.marketwatch...eak-11602615882?mod=mw_lat...
Transaction en cours:
Closed out on big dig at noon Weds; look for a bounce to re-entry; holding TZA, SQQQ, SPXS
Transaction en cours:
FRe-entered shorts EOD on the covering lift
Transaction en cours:
Closed shorts on the gap; often the gap represents half the final selling move; theh Handle forms...
Transaction en cours:
Closed the gap on DJI, SPX, close enough IMO: shorting EOD on the Hanging mAN
Trade fermée manuellement:
Shorted the gap and the rally , made out okay but no clear direction now; is this a B wave of ABC with more down left? Or starting up again? Monday... no position.
Transaction en cours:
More fun Fading Gaps; IMO this index starts to look almost attractive... Handle formed off Cup; let's see about long on Tues IMO
Commentaire:
After 10/26 bselloff RSI and MFI STILL NOT oversold! Look for further declines to the next Fibo around 11200 IMO; BUY when RSI goes o/s!
Trade fermée manuellement:
10/28-29 looking a lot like 9/23-24; if it plays same way, gonna bull IMO; no shorts, DJI and SPX forming bull wedges intraday. In cash until pivot confirms.