uempel wrote:Bye guys, I'm off for today (and I have not yet covered my shorts).
what is your entry point for short?
See his chart before, I think he stated the entry point clearly.
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[/quote]"BullBear52x"]IWM and TRAN is flat top like intraday, I think the highs are in on them.[/quote]
Agreed re: IWM, it appears to be very likely that it will have a decent pullback from here.
The SPX and COMP are over bought. The RSI and STO are at a high point and are rounding the tops for a decline. I don't think the mkt will go much higher and we have Cobra's Bearish last 2 days coming up.
Thanks Bullbear.
Back in 10/12/2007, the highest it is ever been 852.06. My charts only go to 2007. I think it is time for slight pull back, not in TZA yet.
Tabby wrote:Thanks Bullbear.
Back in 10/12/2007, the highest it is ever been 852.06. My charts only go to 2007. I think it is time for slight pull back, not in TZA yet.
I trade TZA also, I will post when I get in.
My comments are for entertainment/educational purpose only. NOT a trade advice.
Some support here, breakdown would mean the 30 min OR high will get tested.
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Thanks alot. Do you trade TQQQ/SQQQ? Not much volume but they are 3x, (not direxion etfs/inverse etfs). I heard shorting SQQQ when market going up much much easier!!!!!!!!!!
Tabby wrote:Thanks alot. Do you trade TQQQ/SQQQ? Not much volume but they are 3x, (not direxion etfs/inverse etfs). I heard shorting SQQQ when market going up much much easier!!!!!!!!!!
No
My comments are for entertainment/educational purpose only. NOT a trade advice.
My guess is a push up before the close to scare all the bears.
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Cobra wrote:My guess is a push up before the close to scare all the bears.
All I am telling myself is don't do anything stupid, any position longs or shorts at this jucture is especially small on my account. no sell signals on my system. Not yet. well I am always late to the party
My comments are for entertainment/educational purpose only. NOT a trade advice.