Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
We gaped up to buy range let's see if it holds here.
TNA closed above 31.28 and today gaped up, closing above 31.68 say keep long.
Good luck and happy trading.
We close above the buy and gaped up. Now in process of filling the gap. Closing above 7.14 says stay long do your own D/D. Any comments?
Still waiting for close above 11.90.
TNA is coming in buy range above 30.80 but confirmation is still closing above 31.28.
QQQ above 266.80 is initial buy confirmation is closing above 270.55.
LABU become partially positive if we close above 6.85 but confirmation is 7.11 for staying long
TNA needs to close above 31.28 to keep it going for long trade on closing basis.
It must close above 7.16 for long signal to continue.
Today is the short term bottom for 3 months dear.
10 dollar drop in 5 minutes.
Good luck and happy trading.
We need to close above 266.85 to take a long position except if you are day trader. Day trader could be long above 263.85 and stop would be 263.10. Do your own D/D.
You are more successful when you go against these pundits. It has filled all gaps left behind. I will be long if it close above 11.90 today.
We need to close above 6.85 to change sentiment and a close above 7.20 will bring crowed in the trade. Do your D/D.
A close above 31.21 will shift sentiment to bullish side.
These are my views about the market, I posted them on my other board also.
"I feel there is a fatigue in the market, short sellers are tired also because there is no new buyer and there are no stop loss to take out. Scary trader already sold out. Market participants who are in now long term holder, like 401 K, pension funds, or hedge funds. Short sellers will cover there position in week or so and then will be decided where they wanted to go. Point of least resistance will be up, no sellers is left behind. No matter what pundits are saying. Look at previous bear cycles that how long market stayed near bottom, we are already here for 5 months almost. Question need to be asked, will the market never come back? one may get 5 to 7% more sale but are we ready to let go this once in decade sale opportunity let go. Just thinking loud. Very few are good in timing the market, few by knowledge, few by chance. Good luck and happy trading."
I feel there is a fatigue in the market, short sellers are tired also because there is no new buyer and there are no stop loss to take out. Scary trader already sold out. Market participants who are in now long term holder, like 401 K, pension funds, or hedge funds. Short sellers will cover there position in week or so and then will be decided where they wanted to go. Point of least resistance will be up, no sellers is left behind. No matter what pundits are saying. Look at previous bear cycles that how long market stayed near bottom, we are already here for 5 months almost. Question need to be asked, will the market never come back? one may get 5 to 7% more sale but are we ready to let go this once in decade sale opportunity let go. Just thinking loud. Very few are good in timing the market, few by knowledge, few by chance. Good luck and happy trading.
Not so soon, next year.
No Change in outlook.
Stay long.
QQQ closed on sell.
Closed on sell, may test recent low.
As suspected they took the air out. Seems trying to fill the gap left behind.
Closed on sell.
Long play till 39.26 is not breached on closing basis.
Ford may test at some time 11.50 area again. Neither buying, nor shorting.
TNA on buy hold, Stop is at 33.00 Friday options expiry could through a curve ball, 75 % of the time they expire most high open interest worth lees. Still be careful.
LABU closed on buy signal, Stop is 7.70. On Friday it is difficult to trade careful.
I think you will have window to sell at Break even at least, I will take swing trade position after 2 days of Fed decision, I will continuous to trade my day trade portfolio for traget of 1 % gain on equity.
That is why stops are important.
Great.
Ford could close on buy signal Stop at 14.74.
TNA could close on buy signal stop at 36.66.
Closing above 7.92 could generate a buy signal. Stop at 7.77.
Thanks, totally forgot.
May be.
I will be gone for a week.
I will not be available for one week.
I will start posting after a week.
I was concerned about your health, did not asked it, I am glad you are back. Trade well.
Good luck.
On that day if you are short it means cover your short @39.03 and it also mean trend is changing, Trend will be still iffy, but if cross 42.94 than holding a long position or buying new position is warranted.
Where every one went?