Short Term Trading Member Forum

[DowDeva]

If Trump's tax bill goes through and also, no Fed hike in May, could be big rally to test highs and possible 2500 after your pivot date.

Which rally should be shorted, of course. Yes, volatility (pivots) coming faster, not a good sign for the market. Also, I am seeing very random, spiky patterns on intra-day volume on multiple charts, as opposed to the orderly patterns I see on rallies. Haven't seen this in years.

My very uninformed opinion is that informed people are massively selling here into any pop.

A very good Hurst trader I follow, and some EW peeps have May 8 as pivot.

June 1 is a 100/100 Bradley turn.

They took my AMD down at opening, but closed a bit higher. On a clear broad market market uptrend would have gapped up the next day. Only have it as a short term long, maybe not even into May 1 earnings.

Best regards,

~D