Replies to post #18167 on Cycle Trading

[jaws57]

took out 2. (YUMC +2.1%) (UCTT +4.8%) Im liking this H&R
YUMC closed below 10MA daily, an UCTT 50% PS
This leaves EXEL.
Will look at TNA 10m for next long. additionally NOC is in the buyzone.

[spdpro]

index options expire in morning the rest Friday
thinking any "signal" will be pretty useless >
see what happens

[Duma]

I thought around 2 there might be a chance that the M65 curve would flatten out near the close and there would be strength going into the close. That didn't even come close to happening, in fact the down trend just continued and it is still continuing this morning.

IWM daily has been in cash since Aug 7, QQQ and SPY are quickly approaching.

[Duma]

Yday's drop felt really bad, but when it is put into perspective it is really nothing YET.

There have been 4 little pullbacks this year for SPY.

 
 Mar    May      Jun     Aug 
 -3.2%  -2.2%    -1.7%   -2.7% 
 18days  2        12      8 days and counting