gabor wrote:Yeahh!!!!!! Go go bears, it is my yacht ... I do not want big, just a small toy one.
I think bulls will be squized to 1120-1130/ES area within 1-2 days. Then bulls can start dreaming again.
It is my wild guess. Bulls became spoiled in the past 2 weeks, they became overconfident, have to be punished first.
1120-1130 in a couple days? Wow, that would entail the wildest imagination!
I overviewed many bear market rallies. If they have two legs up, the first retracement is at fibo 38.2% or a little below of the previous gain. Now it makes 1135 in ES.
pullback strong, so this should be at least 2 legged pullback, the very first rebound shall fail.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Good day so far. 100 SDS Nov 19 22 calls stop loss moved to break even which is just above HOD and upper resistance but I foresee more down ahead. Foresee, or hope I foresee...
tdo722 wrote:Cobra, What's the stop for spy? Where is the expected ending for this drop per your advice?
no idea yet, need a pattern.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
alvian33 wrote:agnosia, you should put your entry price along the exit this way it's easier to see the price entry, I never saw your entry for CL yesterday as you posted today, and then you said you were long from yesterday from 88, after cl was already up, please post your entry price, thanx
Yes, There some one who are willing to share the real trade:
tdo722 wrote:Cobra, What's the stop for spy? Where is the expected ending for this drop per your advice?
mini pullback target.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
We will still revisit the high per MAD rule right ?
or was that done today as it was intraday
I think I said yesterday: down today. higher high might be a few days later.
Right i read that but i couldnt remember if it was higher close or intraday high . i think it means intraday high and wasnt that visited today at 1229 ?
it's higher high which we don't have yet.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
gabor wrote:Yeahh!!!!!! Go go bears, it is my yacht ... I do not want big, just a small toy one.
I think bulls will be squized to 1120-1130/ES area within 1-2 days. Then bulls can start dreaming again.
It is my wild guess. Bulls became spoiled in the past 2 weeks, they became overconfident, have to be punished first.
1120-1130 in a couple days? Wow, that would entail the wildest imagination!
I overviewed many bear market rallies. If they have two legs up, the first retracement is at fibo 38.2% or a little below of the previous gain. Now it makes 1135 in ES.
ES 1135 in the near term? Maybe, possiblely, likely . . . But in a couple days? Do you seriously mean that as a realistic posibility?
Even with wild imagination, that would need some bear-friendly ammunitions in the magnitute of a nuclear bomb.