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aussiebear

World Stock Markets Trading Discussion - Quirky quarrying

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Yeah looks that way really same algo past so many years 9+.....no change at least on the outside......one last push to place all pigs all long....will short more aggressively into new highs.....

 

Holding SQQQ@18.00

UVXY@18.00

 

 

Added to both UVXY@14.45

SQQQ@15.35

 

Averages:

UVXY@16.50

SQQQ@16.50

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5 day cycle projection 2828

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Not only is 2787 a pivot high, but also trend resistance. So we'll see. 5 day cycle projection now 2793.

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Almost there.

 

NasCrack has made it....Same program....Same results.....Liquidity looks pretty strong....Fed may be QT but there is an enormous flood of stock buybacks which really should be market neutral long run (see RSU which is the drive behind buybacks) but in the short term a liquidity big plus.

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I'm feeling a Like here. 

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I'm bearish.  This is the rally that fools the majority. 

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Oh well. Wait till Monday. 

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I'm bearish.  This is the rally that fools the majority. 

 

Do align with this Doc, do you get the sense this is an extreme minority view?.....Weird to be short and sort of hoping for new highs all around this will give me's more confidence in the thinking above....

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Short ES 2776.75.

 

Stop above 2788.

 

Trade safe.

 

Bummer...

They took me out at 2788 for -11.25.

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