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Oddlot

08/07/19 6:44 PM

#33391 RE: Oddlot #33389

SPX the channel for the 18day cycle will have an upper bound at end of Friday of approx 2965. A rally to this area, or slightly above, followed by tech signals of failure should be sold, IMHO.

The 30min cci for 9days is OB, and for 18days is on the way up. A sell by the cci for 18day would likely be successful, IMHO.
Oddlot

ahimsak

08/08/19 2:08 PM

#33402 RE: Oddlot #33389

Top could be at 2945, or 2965 IMHO. I shorted too early, so what else is new? I even covered in afterhours at qqq 178, but was a nice profit.

Am worried about the abundant negative sentiment, maybe bulls are right short term. But only fed manipulation can help the market, as the Chinese are never going to give in to bullying tactics.

BTW, when 10% tarrifs go into place on Sept 1, with threats to increase them to 25%, will the market like that?