Moves like the one today in the morning, just a huge rally is what for me makes difficult the read and the holding. Past rebounds made me think market would rebound fast ignoring the signal. Next day was a red day for me, and turned back to shorts. Here this can be a pivot, but holding Friday's range will just make this whipsaw within daily range. We might...
I was looking the break out level on NQ, but shorts werent doing ok even with last weeks leve being broken on NQ. Then i look at ES and I see last weeks low is being defended there... well, then the blue line is last weeks low. Good work bulls. Based on this, ES seems like a double bottom, but NQ lower, I guess it is flat. to get long I would like to see a break...
i guess this was the discount, but long it is for now.
I don't know if it is a good idea to post short ideas anymore. perhaps some printer algo scans short ideas to get you trapped, but this might finally give the expected discount. A flat move is still possible. Flat to bearish
well this push was something really unexpected, specially after the base on top. Current move invalidated my levels, and switched to bullish on Aug 23, and made this a long set up. Hard to say on ATHs, but is what the market wants to do and we'll just profit from it.
A difficult month, but now we might start to move. Hopefully, those following this didn't add longs here. How far will this go? I dont know but we good enough for a good discount hunting.
this move today seamed more like recent longs trying to sell to the highest rice available. This is still a flat to bearish move I'm not shorting hard yet, but I'm testing the waters with small positions.
While channel is being respected, this is still in a flat to bearish move. Looking like the move from last April.
Yesterday's retrace should have provided a good entry, if we weren't in D resistance area. I will wait to see how this defines.
Again a bear opportunity, but past bear moves have been by much a flat move. Flat to bearish, but can keep rallying like after last idea. Take into account current channel for another possible rebound
I just don't trust bears with big moves, but still a leg down is on the table. Daily channel is still bullish, still signal is Flat to bearish, so I'm leaving this as flat. I see more of a whipsawing than a bearish move. Watch for channel bottom for a possible are of rebound.
I was looking for shorts, but even till this morning i was pretty hesitant, since lots of bearish sentiment for weeks but no real reason until these last days when we were expecting a more flat move. Now this confirms the expected move, yet bears have to prove they can push this. Im still into taking profits fast, and not holding.
I got stop out in the morning, then this bounced back, setting this on bullish area again. I'm still bullish, yet this can be more of a flat move than an straight leg up (something I had to consider on past ideas). Flat to bullish.
last call wasnt that precise.. perhaps now we can have a bull run..
I've been expecting a rebound for days now, but not sure how far this can go