Market Neutral with small trading short.
While technicals are bearish, I don't have clean setups committing me to the short side just now.
So, size is small, and I am just doing some light trading around the neutral position.
Also, $ and treasuries about due for a corrective move, which would be equity supportive; so, I don't want to be far out over my skis.
Maybe later in the week I'll have more to go on.
KENA wrote:This is something to watch the "institutional Buying and Selling" has now developed a Pos. Div.This can hang in there for a few days but should be watched to see is it decreasing or increasing.(chart by stocktiming)
KENA wrote:This is something to watch the "institutional Buying and Selling" has now developed a Pos. Div.This can hang in there for a few days but should be watched to see is it decreasing or increasing.(chart by stocktiming)
liq%20ss.png
can't find this picture (
could you give the link
www.stocktiming.com....You do have to subscribe to access the web site.
resistance. still think there's one leg down at least.
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KeiZai wrote:Waiting patiently for my next setup in ford
F.png
That's a sad measured move
Yeah it´s true IF it plays out then new bailout for ford will be inevitable or they go bancrupt, I hope not
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
looking at NYUPV and NYDNV, they are quite bearish, sp500 could have a dead cat bounce today, but i think the next step would be 1248 sp 500 index ( a fibo level min 2011/max 2012 ).
nasdaq has had a very bad performance of the NAUD since mid-february, i've never seen lately so bad volumes on the NYSE telling me more down risks ahead
here comes the down leg as I said. whether this down leg could make a decisive lower low would help us determining whether the low was in for today.
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Lol drew this one a couple days ago and didn´t trade it
playing out well
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
you don't want to see consolidation here, this down leg is not over yet.
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Looking ahead a little bit if as they say about the Europe Banks if they take a big hit this will take the US Banks dn also.For some here that are new to this web site the FAZ Index could be a good swing trade.As always you have to watch it and sometimes be quick.I like the Indexes over Options at certin times in the mkt because if the Mkt starts to move sideways or just slow up,time decay can put you in the red fairly quick.Below is a chart of the BKX showing how banks have moved dn and is now near major resistance and may move up short term.Just thought I would Blah, Blah a little bit since I'm not doing much so far today and am a little bored.(chart by stocktiming)
testing morning low, key time. I'm not optimistic because RSP already has a lower low.
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My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
KENA wrote:Looking ahead a little bit if as they say about the Europe Banks if they take a big hit this will take the US Banks dn also.For some here that are new to this web site the FAZ Index could be a good swing trade.As always you have to watch it and sometimes be quick.I like the Indexes over Options at certin times in the mkt because if the Mkt starts to move sideways or just slow up,time decay can put you in the red fairly quick.Below is a chart of the BKX showing how banks have moved dn and is now near major resistance and may move up short term.Just thought I would Blah, Blah a little bit since I'm not doing much so far today and am a little bored.(chart by stocktiming)
banks.png
Had FAZ on my list but missed that low after open Will wait for a better setup.