Watch out, pattern is smoldering north...
ES Journal - 2023/2024
- Thread starter Buy1Sell2
- Start date
Watch out, pattern is smoldering north...
IMO.... we are heading down
NVDA is a head fake.
The Dow doesn't drop 600 points in one day, followed by a 150+ point low and then the subsequent dead cat bounce into the close. There's gonna be a continuation.
NVDA is a classic "sell the news".
I think every sector... value, tech, whatever.... is gonna drop hard.
jmho--- and as always, I could be wrong.
We'll see.
NVDA is a head fake.
The Dow doesn't drop 600 points in one day, followed by a 150+ point low and then the subsequent dead cat bounce into the close. There's gonna be a continuation.
NVDA is a classic "sell the news".
I think every sector... value, tech, whatever.... is gonna drop hard.
jmho--- and as always, I could be wrong.
We'll see.
Man, you cannot put that "get-out-jail-free" card in there. You either have conviction in the move, or you do not. All that card does is keep people from ragging on you if yer wrong. Make the call without that card!
I have no compunction about it. I think the year will end up at the 4500 area on the SP!
stfu already.
there is no get out of jail free card.
i wrote what i wrote.
Destriero gets respect. His opinion is certainly valued.
That's not a get of jail free card on my part... I wrote what I wrote.
and its crystal clear.
period.
Because its not a short, doesnt automatically make it a long.
Time to sit on fence for swing traders imo, it could go either way, but the bias atm is more bearish, not heavily though, ie, doubt it will fall far.
That makes -0 sense. So basically you are suggesting that you can neither long nor short it within that 40 point range. And...*shrugs* I know nothing. On this we all can agree upon. There is no money to be made in that 40-point range. Got it! Roger that!
*Salutes*
Damn right, I am. See above. They don't move without me.There's 4018 again.
Who's buying?
Schiz? You playin' tonight?
Hey dest,
What are you basing this on? I know you're heavily into options... are you just basing this off of that?
I can draw up the possible area it could go long into here, 4030-35 makes sense just on simple trendlines.. but are you thinking it's long from current levels (4017.50) before making a major move down into say, 4005-00?
I can kinda see this just based on the price action but i also see a reason for it stalling at ~4021 area and printing into 4005-00 before holding and making a move into 4050.
Just interested in your thoughts.