If your view has been that this rally from March has been "just a bear market bounce", this might be an ideal place to initiate shorts.... with appropriate stop, of course. KISS, baby!
FWIW...
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Island Reversal... potentially bearish
- Thread starter Scataphagos
- Start date
If your view has been that this rally from March has been "just a bear market bounce", this might be an ideal place to initiate shorts.... with appropriate stop, of course. KISS, baby!
FWIW...
You just got slapped by the Fed .
How so? I didn't see any news about Fed spew...
Besides, market has a way to go before testing the gap.
You need a new news wire . Fed buying corp bonds .
Yeah, just saw that....
They always appear when stuff about to break down . We got 1 down day on Thursday . Thats it . Robin hooders win again. The Fed has everyone on cocaine . They control the drug
Scataphagos,
Get your ass long, and stay your ass strong. You couldn't pay my black ass to go short.
I repeat, you will NOT beat Donald Trump and his team and the Feds.
The S&P 500 index daily chart trend is upwards, and approaching recent highs in February 2020.
Price is currently in Pull Back Mode.
There is High Probability Buyers will rejoin the trend.
One big bear does not mean the bear market is on the way. This is just a Bull pull back.
Long and Strong SP 500.
If a nice clean bull bar is created today, I will be going Long SPY. With a stop loss below recent higher low.
It is very wise to trade with the trend and be a slave to the market. Be a follower, not a leader.
You’re a fvckn idiot and stop with the black ass nonsense.
RRY16,
Why am I an idot? Please explain. Is it because I am making things to simple?
Also, my ass is black. Do you have a problem with me referencing my black ass. If so, you are more than welcome to kiss my black ass as much as you like.
Perhaps.