I still haven't been able to exactly discern my human intuition that keeps me on the right side of PnL. I need to figure that out.
%% IF a 200dma is ignored, on SPY,QQQ . Good bear rally, but that is based on an objective measure[200dma]+ measures[SPY,QQQ....] I never limit my measures to SPY + QQQ, but that's another thread
I went mostly cash eod, selling F DIS etc in case selling monday. It's often times like this when the market looks great, right before it tanks lol
You have by this opener pointed out and isolated YOUR #1 weakness in markets. You do not understsand when a TREND violation has occurred. Your July post rose from a lower Lo but no higher high and would need a minimum of dow Theory confirmation to justify your opener! Learn boy learn, this is no way for you to go on. Why? Because without an understsnding of the basics all you get in the markets are broken spines and you're still going to have a wife even after your spine is broken. Good luck trying to please her. She will crack it further and take the kids too. Learn boy learn
Childish stuff to talk about gaps in a BEAR at 6 degrees of Trend. This BEAR will respect nothing. He will show some respect for monthly supports but his one and only area of great respect which he willnot violate will nilly because its part of his bone structure is a previous 4th wave of one lesser degree and these are Corona virus low of March 23rd, 2020. thisis wher HE be going at breakneck speed. Monster BEAR rally there. Thenhe is off to the ultimate previous 4th wave of one lesseser degree, namely the March 6, 2009 low. Monster BEAR rally there. Then if he goes lower he will go to the ultimate destinion the 1987 wave 4 crash low This is how be BEAR. He is after all a magnificent bastard, but I did read his book. HE is not the problem, the authorities in banks and politics are the problem, they will steal your capital if left in the short. Best to leave dodge andparty like ther is no tomorrow. Markets are dead for all practical purposes.