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Economic affects of this virus are human made.
Markets were due a correction.
We will bounce when the money wants it to.
For now we trade small and quick or stand back and relax.Over 1000pt drop for Dow cash since friday, good for
some, bad for others.Never give up, never surrender.
Dow 28000 … what comes first … 27000 or 29000 ?
On a daily chart IF the Dow were to rally to hatman’s
target, it would look like a megaphone top …Never give up, never surrender.
Had a nice rally from the lod and then it turned sour.
I doubt there will many overnight holders.
Never give up, never surrender.
On friday Dow cash traders bought into the close
and got trapped with the gap down.Tonight Dow cash traders sold into the close so
let’s see how they do at the open tuesday.Never give up, never surrender.
Dow S4
I wonder if we get spill up then S4L in an ‘A’ shape.
Up down up down nice for day traders IF we get it.
Never give up, never surrender.
Dow S4
I wonder if we get spill up then S4L in an ‘A’ shape.
Up down up down nice for day traders IF we get it.
Spill up done
Now down to close opening gapWith the robots keeping the market on the move, it’s all possible.
Never give up, never surrender.
Dow S4
I wonder if we get spill up then S4L in an ‘A’ shape.
Up down up down nice for day traders IF we get it.
In the first up and first down I have made 43 trades
and it gets tiring but profitable.I am not sure about the second up.
Never give up, never surrender.
Potential for much lower for Dow cash, does not need
to all happen today.
With the size of the drop from spill up it’s really
put the skids under this market.
I have had a very good day and don’t want to spoil it
so I think I will whimp out trading a lod today.Never give up, never surrender.
I guess this drop has done for many traders and their plans.
Hard to trade this market without having a bounce for some
sort of reference.I may stand aside and wait for clarity.
Happy to still have my shirt !
Never give up, never surrender.
I agree that a case can be made for support.
Dow S1 today … bulls need a ‘normal’ H
Never give up, never surrender.
The robots will chase stops so it’s likely this
wave down will end with an almost untradable
sharp drop and reverse.Dow 27000 long with a stop at 25000 only for
those who have money to gamble !Never give up, never surrender.
I expect the central bank fire brigades to arrive in
the not too distant future, which may have been a
private topic at the G20 ?Is the possible Dow support zone a launch pad for
the final fling higher ?The final wave up is often seen with a back drop
of some darkening clouds.A few thoughts to mull over.
Never give up, never surrender.
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