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cimac.
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August 10, 2020 at 05:21 #32642
BRADLEY: although the Bradley chart is often a load of nonsense (as I’ve said many times) the action this year has, I suppose, been reasonably accurate.
We got the sharp rise from March/April through to July. The Bradley then suggested a period of sideways movement for all of July. This also is broadly speaking what we got.
Now the Bradley chart is showing a sharp final rise during August reaching a peak on or around August 20th. Again, I suppose we can call this accurate because we have indeed seen a sharp rise so far in August.
My own experience with the Bradley chart is that it *can* be reasonably accurate in the first half of the year, but the second half is usually very unreliable.
Still, it’s worth bearing in mind August 20th or thereabouts for a possible peak.
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You must be logged in to view attached files.August 10, 2020 at 06:45 #32644Small short Dow at 27555 … stop 32000 … limit 22000
Never give up, never surrender.
August 10, 2020 at 12:53 #32645does anyone has any data on what happen in the market during high inflation period.
It is possible that the market prices a run away inflation therefore there is no need to drop as the value will erode naturally.
August 10, 2020 at 14:42 #32646I think hatman is right re Dow stronger
and techs ( Nas + Spx ) weaker.Never give up, never surrender.
August 10, 2020 at 14:46 #32647Today is S3 … the lean will show through later !!!
Never give up, never surrender.
August 10, 2020 at 16:17 #32648” Say buddy, can you spare a dime ? ”
” No. Get in line for your soup and bread. ”
” I have more important things on my mind,
like an election to win. “Never give up, never surrender.
August 10, 2020 at 17:03 #32649Today is S3 … the lean will show through later !!!
Ftes & Dax S3L
Nas & Spx possible S3L
Dow looking like S3H
Very odd split … wait for US close to see if we get clarity.
Never give up, never surrender.
August 11, 2020 at 09:56 #32650SPX futures have hit and exceeded the 3,375 target.
DOW futures have hit and exceeded the 28,000 target.
Whether this means anything remains to be seen…
August 11, 2020 at 13:07 #32651SPX futures have hit and exceeded the 3,375 target.
DOW futures have hit and exceeded the 28,000 target.
Whether this means anything remains to be seen…
David, you have nailed it this week.
My Dow short is well underwater but I still think that
the August Options Expiry will be on the low tick.Currently I am funding my Dow short with my 50% 2020 profits.
I have only put 50% of this years trading fund into the
trading account. I may decided to go 100%Never give up, never surrender.
August 11, 2020 at 15:28 #32652Dow 28125 and I now have two signals that indicate
the balloon / bubble is at an extreme.These are my own indicators so maybe I am wrong 😉
I guess it’s my work so I must go with it … eek !
Never give up, never surrender.
August 12, 2020 at 09:38 #32653UK plunges into recession for the first since 2009.
Now all we need are 2009 stock market prices 😉
It carries on my theme of …
2008 Credit Crunch I
2020 Credit Crunch II2009 Low stock market prices
2021 Low stock market prices ?Never give up, never surrender.
August 12, 2020 at 15:53 #32654Small short Dow at 27555 … stop 32000 … limit 22000
Bailed out late last night for a 200pt loss.
Thought that was wrong but atm it looks better and better.
No idea about the next trade.
Short Spx 3400 is a possible.
Never give up, never surrender.
August 12, 2020 at 18:14 #32655Small short Aus200 at 6204 … stop tba … limit 5400 ( x 5 )
Never give up, never surrender.
August 12, 2020 at 18:46 #32656Small short Aus200 at 6204 … stop tba … limit 5400 ( x 5 )
Closed at 6188
Only 16pts but is was x5 = 80pts
Still 120pts needed to claw back the Dow short loss 🙁
Never give up, never surrender.
August 12, 2020 at 19:38 #32657Option traders are net long and they will
be squeezed into August Options Expiry.Just a matter of time.
Never give up, never surrender.
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