Gotta love ZERO RISK in the SP500 = $$$

Discussion in 'Trading' started by makloda, Jan 27, 2007.

  1. As of 12 noon CST, this daily chart looks super bearish. DOJI with an RSI negative divergence. I have watched these show up for the past 3 years with very few actually calling a short term top.

    My guess is the guys controlling the markets AKA The Central Bank, will void the pattern either toady or Sundays futures open. One thing Ive learned is to look for bullish setups in a rising market, and bearish setup in a falling market.

    Good Luck!

    ES DAILY.jpg
     
    #22971     Jan 10, 2020
  2. And push negative rates, its coming just don't know when.
     
    #22972     Jan 10, 2020
  3. Watch the last 5 minutes.
     
    #22973     Jan 10, 2020
  4. Deez

    Deez

    All risk and no pay makes rickshaw a dull boy
     
    #22974     Jan 10, 2020
  5. Overnight

    Overnight

    Indeed, a lot of crazy shit can go on in the last 5 minutes
     
    #22975     Jan 10, 2020
  6. News or fundamentals certainly do not seem to matter.

    In all seriousness though - how long do you think this market and market behavior can be sustained?

    This does not seem sustainable, but I'm certainly not betting against it (save for intraday plays) yet.
     
    #22976     Jan 10, 2020
  7. Overnight

    Overnight

    I guess, not today.
     
    #22977     Jan 10, 2020
  8. Deez

    Deez

    All risk and no pay makes Rick a dull boy
     
    #22978     Jan 10, 2020
  9. Deez

    Deez

    All risk and no pay makes Rick a dull boy
     
    #22979     Jan 10, 2020
  10. Deez

    Deez

    All risk and no pay makes Rick a dull boy
     
    #22980     Jan 10, 2020