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aussiebear

World Stock Markets Trading Discussion - Perilous paddling

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Well well the POS UVXY that mes been holding for many months finally popped above break even and what did I do you so eagerly inquire.....I sold UVXY@46.55 for a whopping +0.50 for a 4 month average down downward spiral......

Still holding TZA@12.00 average and SQQQ@14.00 average from moons ago......

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I plan to be vicious when this breaks down. I don't care if I jinx myself. I've done it the old fashioned way. 

I've earned it. 

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Once again, there is no 5 day cycle projection as centered half and full span moving averages have gone back to parallel.  

I repeat. 

Once again, there is no 5 day cycle projection as centered half and full span moving averages have gone back to parallel.  

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That does not necessarily mean that they're definitely going lower. It just means that there's no projection at this time. 

I don't know and neither do they.  

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However, if the SPX does fall below 2830, it becomes very likely that it is is going much, much lower in the short run. 

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13 minutes ago, DrStool said:

That does not necessarily mean that they're definitely going lower. It just means that there's no projection at this time. 

I don't know and neither do they.  

may have to bring back the avengers.....

image.png.c8d53914c68d400a5e125c2e7a6bc8be.png

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I created that logo 18 years ago. 

It has aged well don't you think?

Once a classic, always a classic. 

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The near vertical plunge in the 5 day cycle oscillator has yet to abate at all.  

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59 minutes ago, DrStool said:

Dow down 500. 

OK. Not yet. 😁😜

I'm making a call. 

You heard it here first. 

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