S&P Futures Opens Down 20 Points!

nooby_mcnoob · Jan 28, 2020

_eug_ said:
Oil is at huge support and also building a base.

ATH by Friday? LOL

_eug_ · Jan 28, 2020

There are now resistance levels that need clearing before ATH. Isn't it awesome how a base is building right as Morgan Stanley releases these bearish calls.

nooby_mcnoob · Jan 28, 2020

_eug_ said:
There are now resistance levels that need clearing before ATH. Isn't it awesome how a base is building right as Morgan Stanley releases these bearish calls.

Very awesome. Bedtime.

schizo · Jan 28, 2020

schizo said:
I'm secretly hoping the bulls would step in and push the market back up (so I can short again ). Anyway, it's way too early to tell. Also the market never rolls over in a straight line. We'll likely retest the 3337 in the coming weeks.

Seems to be going exactly according to the plan. We're already 30 points above yesterday's low. These bulls just can't restrain themselves when it comes to binge buying. Bunch of addicts!

nooby_mcnoob · Jan 28, 2020

schizo said:
Seems to be going exactly according to the plan. We're already 30 points above yesterday's low. These bulls just can't restrain themselves when it comes to binge buying. Bunch of addicts!

Aaaaaand hong kong closes transport to/from China

schizo · Jan 28, 2020

nooby_mcnoob said:
Aaaaaand hong kong closes transport to/from China

Is that why ES sold off? Well, so much for all that binge buying. Maybe it's time to bring the PPT to the rescue.

nooby_mcnoob · Jan 28, 2020

schizo said:
Is that why ES sold off? Well, so much for all that binge buying. Maybe it's time to bring the PPT to the rescue.

I sensed the market had sold off and awoke from my slumber to check. Indeed it had. And a quick perusal of Twatter had retweets of this news

Sekiyo · Jan 28, 2020

KCalhoun said:
It's called skill. No luck involved; as an award-winning MoneyShow speaker & #1-rated columnist for Stocks & Commodities magazine I trade technical patterns like the TVIX/SQQQ bullish engulfing pattern. Just sayin'

but yeah it could all go against me, if so I'll scale out. It's ALL about risk mgmt...

Now you deserve a comedy award. According to the returns you’re a retail trader turned super man after a “good” trade.

padutrader · Jan 28, 2020

nooby_mcnoob said:
I sensed the market had sold off and awoke from my slumber to check. Indeed it had.

so this is how a 144 month old bull ends?
How much they have cost us those evils which never happened- Thomas Jefferson, American President.
to the bears...…...well a lot

nooby_mcnoob · Jan 28, 2020

padutrader said:
so this is how a 144 month old bull ends?
How much they have cost us those evils which never happened- Thomas Jefferson, American President.
to the bears...…...well a lot

It's not over yet. Bear markets don't happen on a dime. So many 4% draw downs in history