DrStool Posted March 22, 2018 Report Share Posted March 22, 2018 I've had top billing on Money Morning twice this week. Today again. Woohoo! I'm excited. Link to comment Share on other sites More sharing options...
DrStool Posted March 22, 2018 Report Share Posted March 22, 2018 They are attacking the bottom of the last downtrend channel at 2665. Ugly if it breaks. Link to comment Share on other sites More sharing options...
DrStool Posted March 22, 2018 Report Share Posted March 22, 2018 Last pivot low was 2647.32 Link to comment Share on other sites More sharing options...
DrStool Posted March 22, 2018 Report Share Posted March 22, 2018 5 day cycle projection firms up at 2662. Essentially done. 2677 area should be first resistance on a rebound. http://Wallstreetexaminer.com Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 22, 2018 Report Share Posted March 22, 2018 Filled SP short from 2 day holding @2675.00 for +42.50...... Holding SQQQ @17.50 Holding UVXY @17.50 Great job!! Link to comment Share on other sites More sharing options...
zero_value Posted March 22, 2018 Report Share Posted March 22, 2018 Great job!! Taking a few technical queues you and Doc are very helpful...... This bounce will look good but short again [email protected] Looking to close below @2660.00...... Link to comment Share on other sites More sharing options...
zero_value Posted March 22, 2018 Report Share Posted March 22, 2018 I've had top billing on Money Morning twice this week. Today again. Woohoo! I'm excited. You deserve it! Link to comment Share on other sites More sharing options...
DrStool Posted March 22, 2018 Report Share Posted March 22, 2018 2 day cycle projection 2687 done. Link to comment Share on other sites More sharing options...
zero_value Posted March 22, 2018 Report Share Posted March 22, 2018 Taking a few technical queues you and Doc are very helpful...... This bounce will look good but short again [email protected] Looking to close below @2660.00...... Well never seen a +30 run back in a flash ......will add one more @2700.00 otherwise holding.... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 22, 2018 Report Share Posted March 22, 2018 Taking a few technical queues you and Doc are very helpful...... This bounce will look good but short again [email protected] Looking to close below @2660.00...... I had a HUGE mistake yesterday. The initial bounce to 2744 after fed announcement hit my resistance level. *pat in the back* Then it came crashing back to 2725. *No problem...expected on a wild day* The bounce off of 2725 to 2742 was when i should had taken the short... * DESERVE a SLAP HERE* Missed out on all the fun. Link to comment Share on other sites More sharing options...
zero_value Posted March 22, 2018 Report Share Posted March 22, 2018 I had a HUGE mistake yesterday. The initial bounce to 2744 after fed announcement hit my resistance level. *pat in the back* Then it came crashing back to 2725. *No problem...expected on a wild day* The bounce off of 2725 to 2742 was when i should had taken the short... * DESERVE a SLAP HERE* Missed out on all the fun. As you know this is such a difficult time so hard to turn a profit especially short. How about a short [email protected] range fill @ low of day or even watch the real selling *if* lows break This is counter as everyone and their dog is buying the dip and *think* the markets will close higher....mes think not.....at least now.... Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 22, 2018 Report Share Posted March 22, 2018 Look at the daily SPX chart, the BB is contracting for a big move over the past 2 weeks. Price broke below the lower BB earlier today. All signs point to the end of this consolidation bounce off of the early Feb lows. Market should head down to test or break the FEB lows in the coming weeks. Link to comment Share on other sites More sharing options...
DrStool Posted March 22, 2018 Report Share Posted March 22, 2018 I think I see the light at the end of the tunnel. It's a runaway freight train. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 22, 2018 Report Share Posted March 22, 2018 As you know this is such a difficult time so hard to turn a profit especially short. How about a short [email protected] range fill @ low of day or even watch the real selling *if* lows break This is counter as everyone and their dog is buying the dip and *think* the markets will close higher....mes think not.....at least now.... I agree....a bounce right now to the 2685 area should be shorted with a stop off of the hourly high at 2693. Link to comment Share on other sites More sharing options...
I_Am_Madness Posted March 22, 2018 Report Share Posted March 22, 2018 I think I see the light at the end of the tunnel. It's a runaway freight train. +1 Link to comment Share on other sites More sharing options...
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