johnpaulca
12,036 posts
msg #142558
- Ignore johnpaulca |
3/2/2018 11:59:16 AM
"Vix still not overbought, more short term pain on daily, but we will see some intraday re-test at 22.67...resis now becoming support"
*******************************************************************************************************************************
now sitting at 22.67(support)... will close my long scalp just in case it bounces here.
|
johnpaulca
12,036 posts
msg #142559
- Ignore johnpaulca |
3/2/2018 12:02:37 PM
johnpaulca
11,593 posts
msg #142535 3/1/2018 1:44:54 PM
I knew the VIX would bounce but after Friday's rally was having seconds thoughts. In a previous post I mentioned shorting SPY on a break below 2685, well we're here now...2650 you'll find support from BB125
*********************************************************************************************************************************
SPY....found support at 2648(BB125)
|
pthomas215
1,251 posts
msg #142588
- Ignore pthomas215 |
3/5/2018 12:43:24 PM
weekly crossover in MU just occurred. 4 hour chart not overbought yet, so good entry still.
|
gmg733
788 posts
msg #142590
- Ignore gmg733 |
3/5/2018 2:38:16 PM
pthomas nice one.
|
pthomas215
1,251 posts
msg #142591
- Ignore pthomas215 |
3/5/2018 2:47:25 PM
Thanks GMG. It may have been you that caught the last Micron weekly crossover. It was quite a run. i owed you one.
|
gmg733
788 posts
msg #142593
- Ignore gmg733 |
3/5/2018 3:08:30 PM
It was not me. I don't trade a lot of equities mainly options or futures. But I do on occasion. I'm long a few things. Shadowtrader guys recommended PAGS so I bought some. Recent IPO.
|
johnpaulca
12,036 posts
msg #142601
- Ignore johnpaulca |
3/6/2018 9:41:04 AM
Is the selling over...thoughts??
- I don't thinks it is, I do see lots a fantastic setups but will stay in cash until I get back from vacation.
|
pthomas215
1,251 posts
msg #142602
- Ignore pthomas215 |
3/6/2018 9:51:40 AM
JP, if you will notice SPY hasnt broken 273.50. if it does, going higher.
|
gmg733
788 posts
msg #142603
- Ignore gmg733 |
3/6/2018 9:52:50 AM
I'm not a genius when it comes to the market. A few folks that I follow that I consider really really good and look at price action basically say this bounce should be over soon to resume downward.
Considering getting a bit more short here.
|
gmg733
788 posts
msg #142604
- Ignore gmg733 |
3/6/2018 10:00:05 AM
I don't pay attention to fundamentals all that much. The news is littered with discussions of bond bear market, tax code revisions, trade wars and blah blah blah.
But what you can't ignore is the amount of malls and commercial space that is sitting vacant. What is confusing is they just keep building buildings. I think commercial real estate will be one of the best shorts in the new few years. In fact it maybe in the middle of the next financial 'crisis'.
I'm already short real estate and I look to add on rallys. I don't see how this is sustainable.
I know this isn't an intraday alert, sorry JP.
|