Rally: Trade it or fade it?

Discussion in 'Technical Analysis' started by KCalhoun, Jun 4, 2023.

  1. rb7

    rb7

    #11     Jun 5, 2023
    HawaiianIceberg and SunTrader like this.
  2. Looks like you nailed it. Any targets?

    It's interesting how markets always appear the strongest near a market high. At least that's been a typical pattern over these last few years post QE.
     
    #12     Jun 7, 2023
    NoahA and comagnum like this.
  3. comagnum

    comagnum

    Here is my target on the NQ, half way there now. Suspect there may be a strong rally or two along the way which is fine with me.

    upload_2023-6-7_11-15-25.png
     
    #13     Jun 7, 2023
    NoahA, KCalhoun and Laissez Faire like this.
  4. tomorton

    tomorton

    I am long S&P, as usual. I'm happy to short forex but never short the US stock indices.
     
    #14     Jun 8, 2023
    murray t turtle likes this.
  5. %%
    SAME here/somewhat;
    except i took some swing profits off SSO, this afternoon CST.....
    Did a bit of SQQQ 6-7-23, but QQQ seems to strong for me to do SQQQ much.
     
    #15     Jun 8, 2023
  6. KCalhoun

    KCalhoun

    I'm long sqqq soxs uvix, fade attempt in case of reversal for swing
     
    #16     Jun 8, 2023
    murray t turtle likes this.
  7. KCalhoun

    KCalhoun

    Muhaha.... mkt drops like a ton o bricks
     
    #17     Jun 9, 2023
  8. Nine_Ender

    Nine_Ender

    Calhoun's act has gotten rather comical. Why would anybody in their right mind keep reposting buy ideas on etfs that have dropped 50-70% while he recommends them repeatedly. The opposite positions would have been highly profitable and required far less effort and trades.
     
    #18     Jun 9, 2023
  9. KCalhoun

    KCalhoun

    Watch and learn.... uvix++
     
    #19     Jun 9, 2023
  10. nitrene

    nitrene

    NFLX up 4% on no news, CRM up the same, ADBE and of course the eye of the storm TSLA keeps rising.

    Good luck shorting this market. You are fighting a tidal wave of liquidity from the crowd buying QQQ.
     
    #20     Jun 10, 2023
    murray t turtle and KCalhoun like this.