March 2016

[cimac]

They did buy all the euroland dips earlier.

All trades closed for me and I may go out tomorrow
and enjoy this spring weather in the south west.

Plan to be back in time for the FMOC.

Never give up, never surrender.

[cimac]

Retail are heavy short s&p which is a que for higher
prices, except at market turns, when for some odd
reason this old adage does not work so often.

The are many voices, not retail, saying we could go
to s&p 2050 or 2100 or 2150

So we have a two way opinion, which is normal.

Never give up, never surrender.

[houdini]

i think everyone is expecting that january gap to fill cim,its either got to sell off hard before the fed to scare those waiting for the pop to short, or its gotta be a relentless slash up and beyond gapfill area to give the impression of new highs to come and big gap down over the weekend?
just thinking aloud really.+9 off todays lows again,its tough being a bear!

[cimac]

Yes your right in all you say.

I may take a half size short at Dow 17250 pre FMOC
just to cover a surprise drop, knowing that it is
very likely that markets rally into end of march.

I can add the other half as and when. It’s just
a case of maths, risk vs reward 😉

Never give up, never surrender.

[cimac]

I like the idea of an order to short Dow 17500 ( sp 2050 equiv )
as an alt to taking Dow 17250 now.

I will mull this before going out for the day.

Goodluck to all kpaders.

Never give up, never surrender.

[Khalsa]

You to Cim et all.

Just got to get crooks quad oe out of the way now and then WNER Monday next week.

I still see no change from the bias of upwards into crooks quad oe (possible 2040 / 2080 SPX) on this run with WNER combined next week.

200 DMA on SPX has held it but no retrace, which is a real concern also.

All down to FED now.

A less probability option could be that most of the expiry work is done by the crooks from the last Thursday’s perfect low, and now into quad crooks oe, really its just a sideways chop into expiry.

 

Plan your trade, trade your plan!

[cimac]

Thanks ‘K’

I have opted for short entry orders Dow 17500 18000 18500
so let those bulls run up hill, all they like 😉

Never give up, never surrender.

[Khalsa]

Lol at 18500 this will be truly Cimacspad

Plan your trade, trade your plan!

[houdini]

😀 cheers pritpal.we could have another 2 weeks of up/down stop runs if march keeps up here then.i for one will have the duvet pulled over my head if it gets to 18500,not even the postman will get an answer at the door! lol

[cimac]

For euroland I use Ftse 6200 and Dax 10000 as my sandline
and bulls have to cross both and hold above, fwiw.

So far today they have not managed it.

I will rethink a lower Dow initial short to cover some
sort of truncation – failure.

Never give up, never surrender.

[houdini]

cit day today,so ideally we get a pop post fed,then collapse down into the weekend.vice versa a big dip could hit 1983ish then 1969 as a long shot outlier..up into the weekend to follow.i think whatever happens after the announcement it probably gets retraced next few days anyway.plan in place,good luck all trading through it

[cimac]

So far US bulls have been unable to hold onto gains a la euroland.

Never give up, never surrender.

[cimac]

Dow above 17300 …. now we are getting somewhere.

Never give up, never surrender.

[cimac]

FMOC three way rules read up(1) then down(2) so at some point we
should go up(3) exceeding the up(1) by measuring the down(2).

Now I hope that’s clear 😉

On that basis Dow 17500 and s&p 2050 are on the menu in March.

Btw these are not my rules.

Never give up, never surrender.

[cimac]

Short Dow 17325 – stop 18400 – limit 10100

Never give up, never surrender.

[Author]

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