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cimac.
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May 8, 2020 at 14:13 #30957
SPX: on this chart one can see that there appears to be a strong relationship between SPX and the 21 day moving average. I’ve marked the times where buyers/sellers seemed to appear at that average. And more recently there is an exact bounce at 2,800 (see chart). Clearly the 21 day average is worth watching. Currently it is down at about 2,825 and rising.
The same relationship appears to apply to the DOW.
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You must be logged in to view attached files.May 8, 2020 at 14:16 #30959SPX: on this chart one can see that there appears to be a strong relationship between SPX and the 21 day moving average. I’ve marked the times where buyers/sellers seemed to appear at that average. And more recently there is an exact bounce at 2,800 (see chart). Clearly the 21 day average is worth watching. Currently it is down at about 2,825 and rising. The same relationship appears to apply to the DOW.
Nice one David.
Plan your trade, trade your plan!
May 8, 2020 at 14:21 #30960DOW: if anything the Dow seems to have an even more accurate relationship with the 21 day moving average. Notice on the chart how it has bounced from that average three times in the last four days! And it now seems to be ‘climbing the average’.
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You must be logged in to view attached files.May 8, 2020 at 14:35 #30962Good luck all.
Gap fill today at 2880 ES
Plan your trade, trade your plan!
May 8, 2020 at 15:37 #30963GF coming home today Captain?
Yikes some Haraami Kuttah had Hacked hijacked my Facebook – was a nightmare took PC fellow some 3 hrs sort it
Am in AGONy “old age” had 3 teeth extracted pulled out in morning now lignocaine wore off so throbbing pain etc — good thing maybe GF comes and/or the Tooth fairy
Good luck to us all
Small droplets of rain turn into Rivers, Streams and Mighty Oceans
May 8, 2020 at 16:09 #30964GF coming home today Captain? Yikes some Haraami Kuttah had Hacked hijacked my Facebook – was a nightmare took PC fellow some 3 hrs sort it Am in AGONy “old age” had 3 teeth extracted pulled out in morning now lignocaine wore off so throbbing pain etc — good thing maybe GF comes and/or the Tooth fairy Good luck to us all
Ouch Zarif Bhai, not good especially during Ramadan, Take care of that.
As for hackers, standard, they are out in force. Not nice.
Gap fill wise, GFS did not trigger, but I do get the feeling it will be a pull later on once Europe is done and dusted.
Very boring so far.
Had 10 SPX handles in my short and DAX in profit nicely too, but did not take it as expected lower.
Plan your trade, trade your plan!
May 8, 2020 at 17:38 #30965I have traded the NAS long and short for a net profit today.
All I want now is for the NAS to touch 9250 later today or
on monday for my final short entry in this sequence.Never give up, never surrender.
May 8, 2020 at 18:26 #30966There are sell programmes coming in now, but it is very slow and cannot seem to gain any traction.
Plan your trade, trade your plan!
May 8, 2020 at 20:13 #30967Simple plan, very few trades, my best day this week for profits.
If I can get that NAS 9250 short, it would be a perfect day.
Whatever happens now I end the week a happy trader.
Never give up, never surrender.
May 8, 2020 at 21:07 #30968Small short NAS at 9230
Never give up, never surrender.
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