DrStool Posted August 21, 2020 Report Share Posted August 21, 2020 That was yesterday's lesson. Meanwhile, here at 9 AM in Europe, 3 AM in New York, the ES futures have pulled back to an uptrend parallel. A bounce here would confirm the channel. A failure would suggest that the incipient rollovers in the hoursly cycle indicators are valid sell signals. WIth the market thin down to at least 3350, and probably to 3325, that could lead to another hot-knife-through-butter drop. Link to comment Share on other sites More sharing options...
DrStool Posted August 21, 2020 Author Report Share Posted August 21, 2020 A few minutes later, the channel broke and the indicator sell signals were confirmed. Link to comment Share on other sites More sharing options...
DrStool Posted August 21, 2020 Author Report Share Posted August 21, 2020 I have this weird feeling like we've been here before. I can't quite put my finger on it. Link to comment Share on other sites More sharing options...
DrStool Posted August 21, 2020 Author Report Share Posted August 21, 2020 Can I have another, please? Link to comment Share on other sites More sharing options...
DrStool Posted August 21, 2020 Author Report Share Posted August 21, 2020 This is pretty impressive. Especially if this works out. Bullish Macro Liquidity Ends August 20th 1 - LIQUIDITY TRADER AUGUST 6, 2020 Look Out! Liquidity Turns Bearish in Late August 1 - LIQUIDITY TRADER AUGUST 18, 2020 The forecast has changed. It’s less bearish, but it’s still bearish. Here’s why. Link to comment Share on other sites More sharing options...
DrStool Posted August 21, 2020 Author Report Share Posted August 21, 2020 Yesterday's relentless short covering could turn out to be a disaster for the bulls. Link to comment Share on other sites More sharing options...
DrStool Posted August 21, 2020 Author Report Share Posted August 21, 2020 Holy shit. This is getting real. And real quick. Link to comment Share on other sites More sharing options...
jp6 Posted August 21, 2020 Report Share Posted August 21, 2020 Bulls Have Nothing to be worried about. 1 Crash in 1 year with fed in charge can Never happen. Everything will Double? I just Like Cash. Link to comment Share on other sites More sharing options...
jp6 Posted August 21, 2020 Report Share Posted August 21, 2020 6 minutes ago, jp6 said: Bulls only Hope is fed, without more QE they will be Sick. Everything will get sold. Cash will be King. IMHO Link to comment Share on other sites More sharing options...
DrStool Posted August 21, 2020 Author Report Share Posted August 21, 2020 About yesterday's rally. Link to comment Share on other sites More sharing options...
DrStool Posted August 21, 2020 Author Report Share Posted August 21, 2020 Reversal of the reversal as New York traders buy the premarket. Link to comment Share on other sites More sharing options...
SiP Posted August 21, 2020 Report Share Posted August 21, 2020 I said it gain, dollar is bought. Previously EM FX, now EUR Im still holding shorts on SP500. Link to comment Share on other sites More sharing options...
fxfox Posted August 21, 2020 Report Share Posted August 21, 2020 Their way of „stealing the election“ is by holding the market up till Nov 3. Seems like they advised Goldman to do so. And Goldman delivers. We are at 3390, a iota away from the ATH, every single dip gets bought. That are the FACTS right now. The rest is fiction. Link to comment Share on other sites More sharing options...
jp6 Posted August 21, 2020 Report Share Posted August 21, 2020 1 hour ago, SiP said: I said it gain, dollar is bought. Previously EM FX, now EUR Im still holding shorts on SP500. Scam week. Next week may be different. Any news on Trump executive order $400/week benefit? Will the public get or not? Link to comment Share on other sites More sharing options...
DrStool Posted August 21, 2020 Author Report Share Posted August 21, 2020 Triangle breakout under way. Link to comment Share on other sites More sharing options...
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