Looks like you could put a stop loss right above 2980. This short trade could work out for you.
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SPX Blaster
Thank you for your common sense reply.
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SPX Blaster
Many are told to believe the price movement of markets with respect to time is random. Actually, that is false. I expect price to drop due to the historical charts shown. I have not explained how its done due to potential value. I think the market price drop could be substantial during this down phase, but I could be wrong about that.
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SPX Blaster
Here is a screen shot. There is no hard target. Trailing stop . I may exit if I expect a significant retracement due to my shorter term cycle.
Don't forget blocking....Ignore is just one function...you can also block these Morons from even seeing your posts.
ES
ES
Trailing profit stops are always tough for me, since it is hard for me to gauge how much breathing room to give a runner. Good luck!
ElectricSavant is incapable of taking criticism, just like this buffoon.
Yes, several other cycle followers have early November pegged for a cycle low. I'm not as negative on cycle analysis as Scataphagos, but in my experience it requires an incredible amount of patience for it to play out. The other aspect is the "right translation", which has a way of allowing price to stay well bid up until the bottom falls out in 1-3 trading sessions (very similar to the internal decay leading up to the August 1 decline, which was a rip roaring short squeeze until mid-day).
