ES got pretty close to area my system expected, it seeking new highs/hedged.
Emini S&P 500 expectations.
- Thread starter malaspina
- Start date
ES got pretty close to area my system expected, it seeking new highs/hedged.
It is the Dominant traverse of the new short trend exiting the overlap of trends. What comes next is the non-Dominant traverse which in this case is increasing price on decreasing volume after volume to the short side peaks.
eidt: this is for RTH only, don't really know what the overnight will do
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Thanks.
I like the setups at this price im net long we had a nice 3-4% drop in ES SPY jan 2019 option spreads. 1 week short term options for playing both sides though im net long on those to i can adjust to take advantage of more selling. I wouldn't mind more selling I dont think i will happy unless we get some unexpected news. AAPL back at buying prices
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New downtrend on the works? I read this in another forum, what do you think?
Here I copy and paste:
The rewiring of product sourcing on a global level IS long-term and permanent. Any void Americans leave will be immediately filled by other trading partners, permanently, not short-term. This entire trade-war and tariff issue will hurt the small business owners in the middle of America so bad but it will probably be too late when they admit. You think once Chinese have sourced their hogs and beef from Australia that they will happily re-route back to the US once the circus in the US is over? I highly doubt that. We often hear that in turn for this pain American businesses will relocate back to the US which will ultimately benefit workers and consumers. Sure but an isolated America will see its corporate valuations and stock market shrink to at least half because current valuations to a large degree depend on future sales to foreign countries. I am willing to make a bet that Apple in its entirety will be 100% obsolete in China within 5 years. Any Apple product will be replaced by top notch domestic players. Same with the auto industry, computer industry, high tech semiconductors, and and and. This policy hurts America greatly. It only serves an insane emperor who claims he is self made when in fact he sucked the tits of his daddy when he was already 42 years old.
Here I copy and paste:
The rewiring of product sourcing on a global level IS long-term and permanent. Any void Americans leave will be immediately filled by other trading partners, permanently, not short-term. This entire trade-war and tariff issue will hurt the small business owners in the middle of America so bad but it will probably be too late when they admit. You think once Chinese have sourced their hogs and beef from Australia that they will happily re-route back to the US once the circus in the US is over? I highly doubt that. We often hear that in turn for this pain American businesses will relocate back to the US which will ultimately benefit workers and consumers. Sure but an isolated America will see its corporate valuations and stock market shrink to at least half because current valuations to a large degree depend on future sales to foreign countries. I am willing to make a bet that Apple in its entirety will be 100% obsolete in China within 5 years. Any Apple product will be replaced by top notch domestic players. Same with the auto industry, computer industry, high tech semiconductors, and and and. This policy hurts America greatly. It only serves an insane emperor who claims he is self made when in fact he sucked the tits of his daddy when he was already 42 years old.