SPX & SPY ...... timing the next BEAR rally .... the forte of Ganador :)

Discussion in 'Trading' started by margin_gamble, Oct 2, 2022.

  1. DIA 1H


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    #11     Oct 3, 2022
  2. NYA 1H

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    #12     Oct 3, 2022
  3. ET's Schizo all over the place here ............. :):)








    SPY 1H approaching MY TRENDLINE begging begging begging me to let her cross to the United States :D:D


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    #13     Oct 3, 2022
  4. SPX 1H approaching MY trendline seeking rapprochement and a cookie


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    #14     Oct 3, 2022
  5. Dow Jones 1H the leader slides into the trendline break zone ... but here's the thing, its a C-wave after a B-wave, so thus far he ain't fooling me!!!!! :D:D:D




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    #15     Oct 3, 2022
    murray t turtle likes this.

  6. Murray, to bring you up to speed on this thread, its all about SPX & SPY to time their next big BEAR rally like the one from June 16 to Aug 17. Timeframe is Daily & 1H is used for entry/exit. Lower timeframes are ignored as they are too much work for me and too little reward but those who do trade 30-min., 15, 5, 1 and nonosecond timeframes they are welcome with pleasure to use this as a guide.

    Enjoy!!! No doubt I will get my ass kicked her and there as SPX ias no slouch and she ain't going to give up the goods to yours truly so easily!! :D:D:D
     
    #16     Oct 3, 2022
  7. Sentiment: Speculators are far less bearish on SPX = Commercial Hedgers are increasing bets on Shorting SPX = contyrarian approach here ...........

    so the Hedgers fits in nuicely with my way of thinking = remain SHORT = Trend is down on Daily and 1H.

    Lower timeframes are ignored by yours truly.

    Commercial Hedgers info has a caveat it is 1 week old data ... but it has worked out quite nicely in the past.


    SHORT SPX & SPY continues to be the way for NOW
     
    #17     Oct 3, 2022
  8. SPY 1H ................. Stay Short for Daily & 1H Trends.


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    #18     Oct 3, 2022
  9. SPY 1H .... I will make adjustments to the wavecount later in the day or after the trading session for today. Right now at this moment in real time I have made no such adjustments and everything is as-is before


    Stay short as per TREND.
     
    #19     Oct 3, 2022
  10. Late shorts are getting smoked and will be further smoked today. 3715. :cool:
     
    #20     Oct 3, 2022