Is uptrend for SP500 over

Discussion in 'Technical Analysis' started by Galatia, Sep 19, 2021.

  1. Overnight

    Overnight

    Oh, well, that is because I have never ever made a profitable trade, like you.
     
    #31     Sep 19, 2021
  2. padutrader

    padutrader

    me neither....

    all those winning trades are photo shopped
     
    #32     Sep 19, 2021
  3. Overnight

    Overnight

    They are sim trades, so why would you Adobe the chicken?
     
    #33     Sep 19, 2021
  4. padutrader

    padutrader

    #34     Sep 19, 2021
  5. Overnight

    Overnight

    #35     Sep 19, 2021
  6. KCalhoun

    KCalhoun Sponsor

    The challenge in shorting a bull market like I'm doing is, it's often a brief sharp correction, then bounces.

    eg following VIX carefully

    Huge dow futs drop today, -496 as of 5:15

    #gobears
     
    #36     Sep 20, 2021
    Laissez Faire likes this.
  7. This correction is different to prior corrections in that it's slower and more controlled. Prior corrections have been much faster and equally reversed back up quickly.

    This is just a slow grind lower with no fresh bids coming up...
     
    #37     Sep 20, 2021
    KCalhoun likes this.
  8. tomorton

    tomorton

    Agreed.
    (I never short the US indices. Staying in cash and going hiking is the better option.)
     
    #38     Sep 20, 2021
  9. KCalhoun

    KCalhoun Sponsor

    I'm buying TZA UVXY SQQQ etc on breakouts, aggressively shorting indices now.... challenge is it may be brief
     
    #39     Sep 20, 2021
    murray t turtle likes this.
  10. %%
    Sure true in SEPT usually;
    virus looks about ruined. IF SPY stalls below 200dma ,or 20% correction =bear maybe + those are the main measure$..............................................................................
     
    #40     Sep 20, 2021