BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 11:43 am
Trouble line this is hard to trade on this 5 DMA. I will sit out for now.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Cobra
Site Admin
Posts: 58476 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Mar 04, 2020 11:50 am
If bulls are able to touch the blue line above then breakout would be very likely. Bulls are not over yet. I actually think the bias is up.
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BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 11:56 am
5 DMA fails to hold we will have a fast sell off. I am doing nothing atm.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullTart
Posts: 398 Joined: Thu Sep 01, 2011 12:23 pm
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by BullTart » Wed Mar 04, 2020 11:57 am
ascending triangle (usually resolving to continuation which would be down in this case) and a head and shoulders within the triangle forming... if we break down 3030-3020, we going to 2750ish
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BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 12:08 pm
Yep losing 3030 support will not be good.
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 12:21 pm
Cash SPX Fib, I am setting up to chase a break on either side.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 12:22 pm
sell, south bound train......Chuuu Choooooo
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 12:30 pm
Got sstop out right at the gate. this is not a good market to trade today. breaking up side now.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Heck
Posts: 2535 Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada
Post
by Heck » Wed Mar 04, 2020 12:33 pm
CNC Target + 97 %
From 59.74 to 117.6
109 % Debt/Equity
Heck
Posts: 2535 Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada
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by Heck » Wed Mar 04, 2020 12:37 pm
0.93 % $TNX debt yield
=> 1/.0093 = 108 Equity Market PE
4.7 times current market PE
https://www.multpl.com/s-p-500-pe-ratio
MEGA BULLYA
Just as debtholders were exceedingly rewarded with ATLs in yields
So may equity owners be
Leg bone connected to the thigh bone
Last edited by
Heck on Wed Mar 04, 2020 1:25 pm, edited 2 times in total.
BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 12:39 pm
I back selling, will sell more under 3030
My comments are for entertainment/educational purpose only. NOT a trade advice.
BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 12:44 pm
got something to go with now, lets do it.....
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My comments are for entertainment/educational purpose only. NOT a trade advice.
Heck
Posts: 2535 Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada
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by Heck » Wed Mar 04, 2020 12:45 pm
$SPX BUYING Above 3,034.38
BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 12:49 pm
need to see a beak below 3030ish then this will be clear, big picture is we are in a bearish consolidation phase, bears are in command.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
ccash04
Posts: 397 Joined: Wed Jul 13, 2011 9:20 am
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by ccash04 » Wed Mar 04, 2020 12:56 pm
IWM near LOD and TLT nearing HOD...
SPY needs to realize its all over and go back to 2920.
BullBear52x
Posts: 29572 Joined: Tue Feb 22, 2011 3:47 pm
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by BullBear52x » Wed Mar 04, 2020 1:12 pm
Boring, here is my swing signal, on a sell until yesterday's HOD is taken out, long tall order for that to happen.
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My comments are for entertainment/educational purpose only. NOT a trade advice.
JFR
Posts: 10177 Joined: Sun Dec 02, 2012 7:24 pm
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by JFR » Wed Mar 04, 2020 1:17 pm
ES 5. Goin' nowhere. Fades in the range possible, but not to my appetite right now. Have a good day, Everyone.
Charts posted are not recommendations. They are just a sharing of information.
Cobra
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Posts: 58476 Joined: Sat Feb 12, 2011 10:29 pm
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by Cobra » Wed Mar 04, 2020 1:20 pm
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Heck
Posts: 2535 Joined: Thu Nov 15, 2012 4:56 pm
Location: Lake Tahoe, Nevada
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by Heck » Wed Mar 04, 2020 1:27 pm
UNH Target + 71 %
From 282.22 to 481.8
+ 1.52 % Dividend
25 % ROE
QED
Posts: 992 Joined: Wed Feb 11, 2015 2:04 pm
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by QED » Wed Mar 04, 2020 1:45 pm
Benihana market: chop chop choppity chop ...