BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 12:43 pm
Cash SPX Fib, bulls are in charge, good support at 61.8%, if bulls can take out new HOD we will have an intraday bullish reversal. bears need to move now or you know the routine.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Fri Nov 08, 2019 12:45 pm
SPY green (at least momentarily)
Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Fri Nov 08, 2019 12:48 pm
BullBear52x wrote: ... need to see -2000 to kick star the selling momentum.
BB52: KICK-START. Like with a motorcycle. Starter-activation by a downward thrust of the heel. ..
Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Fri Nov 08, 2019 12:50 pm
Daniel wrote: SPY green (at least momentarily)
And now USO grn. SLV now down -1.5%
RVX and VXN easing off, the past half hour.
Last edited by
Daniel on Fri Nov 08, 2019 12:59 pm, edited 1 time in total.
Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Fri Nov 08, 2019 12:55 pm
XLE has been a pretty good proxy for Trade War guesses the past couple of weeks. Currently on a perfectly-neutral short-intermediate trading signal.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 12:55 pm
Bull trap signature of the MM. be mindful of this rug pulling method.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 1:00 pm
Bear trap, this is the reason why most trader don't trade sideways market.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Fri Nov 08, 2019 1:02 pm
Daniel wrote: XLE has been a pretty good proxy for Trade War guesses the past couple of weeks. Currently on a perfectly-neutral short-intermediate trading signal.
However, today it's currently making a recovery high of the day.
Daniel
Posts: 3482 Joined: Fri Feb 10, 2012 4:27 pm
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by Daniel » Fri Nov 08, 2019 1:09 pm
spy hod (back later..)
te_fern
Posts: 4018 Joined: Tue Nov 24, 2015 3:35 pm
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by te_fern » Fri Nov 08, 2019 1:14 pm
I went long TNA on first bounce. Only index not pushing high of the day, sitting on a small loss.....
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BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 2:24 pm
Mapping the first LH.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 2:55 pm
one penny on LOD will be a very telltale for the bears, in any cases, to hold a new bullish position over the weekend is quiet risky atm.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 3:21 pm
it will not take that much for bears to have back to back bearish closed, just a closed under 80.25(SPX) will do.
My comments are for entertainment/educational purpose only. NOT a trade advice.
brokebybernacke2
Posts: 1955 Joined: Wed Sep 21, 2011 10:10 am
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by brokebybernacke2 » Fri Nov 08, 2019 3:28 pm
BullBear52x wrote: it will not take that much for bears to have back to back bearish closed, just a closed under 80.25(SPX) will do.
most hopeful bear I know! good luck.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 3:51 pm
excessive (RED), healthy bullish (Blue) we are a little excessive right now.
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BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 4:07 pm
Rug pull I mentioned earlier, how to tell, bulls or head fake?
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BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 4:16 pm
Not much time left but one last sell for me if MM style will work or not.
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Trades with cats
Posts: 8656 Joined: Sat Oct 11, 2014 4:40 pm
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by Trades with cats » Fri Nov 08, 2019 4:16 pm
The 'US to Cut Tariffs" incorrectly translated headline from Nov 7 (the big gap up) has pretty much been retraced, or as FT 71 claims the Chicago pit traders would say, "returned to the scene of the crime". Same pattern off of the Nov 3 gap up open caused by trade headlines. Sort of like a TV medical drama where the patient is dying until they put the paddles on their chest and shock them back to life. You would have to be very brave indeed to go short today and hold over the weekend given that both capitols are tweeting out what ever it takes to prop themselves and the markets.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 4:17 pm
Some people will see this as a stops hunt.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29584 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Fri Nov 08, 2019 4:21 pm
look at your tick reading now in the negative while price spikes. Not normal.
My comments are for entertainment/educational purpose only. NOT a trade advice.