Good trade, @Buy1Sell2. You demonstrated some flexible thinking as you were originally looking for the market to break down and then you...
Just for reference, equal weight S&P500: [ATTACH]
For sure. Bulls and bears can each make their case that they were right!
Here was that 3955 level. Got there quickly! [ATTACH]
IMO, ES down to 3955 level would be buy zone on any initial sell-off. If we somehow roll down to 3900, I would back up the truck. Otherwise,...
Thanks for sharing. My view remains that momentum and breadth are too strong for much else to matter. And this finally fell in line today:...
What is the rationale? Just trying to understand.
I acknowledge we're a little ST overbought but we're not overbought if this is a significant move up.
Peter Borish once said "You can't stop a train with a brick wall." Right now, I view the market as an uptrending train. Pullback tomorrow or...
So what are chances CPI comes in lower? :sneaky: Then we could really play the probabilities!
Applying @vanzandt logic, the easy thing here seems to be to sell this rally today and be flat going into CPI. So the hard thing to do is to hold...
Can you elaborate why you're not convinced?
Or fight the momentum.
From what I can tell, the market has been acting fairly well here. Very possible that today's early declines were the last good entry point but...
Market retraced right where it should have. Breadth has been good since last week. Assuming bullish but a close below about 3865 on S&P index...
Love it!
More reason to shop online.
"Stupid Fed!"
Some truth there. In the trading world, this idea of being "consistently profitable" is thrown around. The reality is that no one will know if...
Melchi: I just found this tread. Trading, in general, and trading Fx especially, is challenging. A small % of people ever find their way to...
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