Hey all you price predictors: when is a pullback gonna come?

[AMT4SWA]

I am also selling the past two days the TF....

holding a 830.50 cost basis.

 

[Mvector]

I am not trading the russel yet off the ES signals - sticking with the ES for now. I know the russell has better cycling movement for working in liquidity - that part makes sense.

 

[AMT4SWA]

I prefer trading the TF because I can get more "hits" per unit of time than I can in the ES.

Selling the 6E at new highs has been a good trade too....very good trade.

 

[Mvector]

I will stick with that euro trade - that has been a good money maker for a couple of weeks - I like the cycling off each new high.

 

[AMT4SWA]

Sounds good...

TTYL!

 

[1a2b3cppp]

SPY's new 5% pullback price is $128.81.

Today was only +0.13% though, so it's not like it was a huge up day.

 

[Mvector]

another item - many of ES range extension is happening in after hours session - low vol with thin order book. cash session is having tough time getting and holding new highs for many days of this rally.

 

[GrandSupercycle]

SP500 / DOW / NASDAQ charts break down further and selling should increase next week.

 

[Mvector]

Quote from Mvector:

Selling new highs with another 10 point pullback works again - just as selling new euro highs keeps paying. You can buy the pullbacks near highs and I will keep selling the new highs - 1350.75 cost basis in ES with next covers at 1337.75 - cover at 1317.75 - cover at 1297.75 - cover at 1283.75

3 covers at 1337.75 filled - more 6E targets filled at 1.3195. Friday cash session will be a good one with gap down open lookin to be in the mix. ;-)

 

[Mvector]

flat in euro - last covers at 1.3165 - pullback off yesterday's high was great.