startraitor, what technicals are giving you a bearish bias? I have a large timeframe bearish divergence. Critical level IMO is 960-962.50 within...
My feelings that we're in for a much deeper decline come largely from the charts, but fundamentally its very plausible too. What we have and will...
That would be pretty in line with the 90% market decline during the great depression. I have a similar long-term outlook as you B1S2....
Liking this setup now.... short 977.75, stop 980... target 970.50 Pretty textbook trade if you follow practical EWT at all.
I hear ya on this one... I have an order sitting to sell 978.75 (got missed by a tick a few minutes ago)... stop 980 :edit: its looking like...
The problem is that upper management makes egregious sums of money booking short-sighted gains, while consciously demolishing the company...
Not convinced this is the top... didnt get the bar I was looking for... and since I need to go to bed I covered 1 at 945 and trailed stop to 948...
Short 1948.50, stop 1951 ...willing to try this trade twice
Nice overnight short zone here 950-955 on ES... final target a little above 900. I'll post up if I take position.
On the large time frame I'm seeing a consolidation wedge... usually a continuation pattern. I was hoping to see the market get above 1100 to...
I think the main difference is lack of live trade calls... Apex and MBusch and JSSPMK would post their trades often (JSS still does). I for one...
sure seems like S/R levels are hit or miss in this market... yet they respond very well outside RTH. It must be the result of a lot more...
This could be the short-term bottom before we blast higher. 951-953 has lotss of confluence on my chart although the setup would still be valid...
HOD 1067 Now for the retrace before we blast higher... see post above
940 - 950 zone looking good for a low risk, high-reward long tomorrow AM. 100+ point target if we bounce from there... 1120-1140 final target...
I only find it useful when huge size shows up because you know where a handful of inexperienced traders just got positioned... being able to judge...
You can only fool the market for so long by pumping this liquidity. Theres only one way to fix a borrow and spend problem... and when 70%GDP is...
First resistance levels (there are more above, but these have high probability of being reached) SPX - 1070-1080 DJIA - 10350-10450 NDX -...
Interesting stat... 60% of gaps larger than 2% have the market close under the open price during the same day.
Interesting. Do you think this is a common entry or exit practice for institutions? We all know large size often accompanies turning points....
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