- This topic has 211 replies, 4 voices, and was last updated 3 years, 11 months ago by
.
-
Posts
-
Small long Dow at 27850 … stop tba … limit tba
Closed at 27880
Never give up, never surrender.
Dow cash 27850 atm
I have a private bet we will see Dow cash 27950 today.
Can’t win them all.
Been a good day otherwise.
Never give up, never surrender.
SPX appears to be faltering in that area of 3375/3394 I highlighted last week.
At the same time the DOW is also having difficulty in the area of 28000/28200.
I still think the NYA needs to pop a little higher, but that might not happen.
The key Bradley date is 20th (Thursday) give or take a day or two either side.
Still can’t work out if US markets are being held up or held down
into August options expiry.I am going to wait and see what happens.
Never give up, never surrender.
SPX and DOW seem to be struggling in this target area. My gut feel is that a topping pattern is playing out sideways which will eventually resolve downwards.
Using Bollinger’s theory that low volatility begets high volatility (and vice versa) it wouldn’t surprise me to see a sudden gap down day sometime this week.
Small short Nas at 11330 … stop tba … limit 9500 ( x 2 )
A low risk trade to guard against the downside.
Never give up, never surrender.
Small short Nas at 11330 … stop tba … limit 9500 ( x 2 )
A low risk trade to guard against the downside.
Closed at b/e
Drat … I was 30pts in profit x 2 at one point.
Never give up, never surrender.
Ftse and Dax cash peaked at mid day then sold off.
So far US futures under cut … Nas 11400 Spx 3400 Dow 28000
Never give up, never surrender.
Small short Nas at 11400 … stop tba … limit 8000
and
Small short Nas at 11400 … stop tba … limit 10000Same deal … a guard against a surprise sell off.
Never give up, never surrender.
Small short Nas at 11400 … stop tba … limit 8000
and
Small short Nas at 11400 … stop tba … limit 10000The first pullback would target sub 10500 which
looks like the start of the last mini wave up.With Tesla going nuts only a China import tax
would but the brakes on 😉Never give up, never surrender.
DXY: the Dollar trade weighted index is approaching the C=A target at 91.
The sharp decline over the past month or so looks like a five wave C.
Looks also like we got a 4th wave and now declining in a 5th to the 91 target.
There’s divergence in the MACD.
The decline in the dollar has been *good* for US equities. Makes me wonder whether a bottoming and reversal in DXY might coincide with a ‘top’ for the equity indices.
If this is indeed a large ABC about to complete, then a ‘bounce’ can take it all the way back to the 96 area potential overlap.
hatman, would that potential USD rally make
you short eur:usd or gbp:usd ?Never give up, never surrender.
If a US covid19 vaccine and relief fund were announced that
could cause both US stocks and dollar to rally.I am still wary of August OE.
Close Nas short 11405
Entry orders to short eur:usd at 1.2 & short gbp:usd at 1.33
Never give up, never surrender.
hatman, would that potential USD rally make you short eur:usd or gbp:usd ?
Don’t know. I’ll have a look…
- You must be logged in to reply to this topic.