SPX if the symmetry plays out, then 3,895.75 is the next gap
area to fill on deck, right under that low 3,900s area. Aligns with
that 38.2 fib as well.
Exactly what I was looking at premarket when SPXS was in lower
$23s. You had that scenario charted last night with a quicker move
lower off that abcde 12345 flat or whatever it is called
When that 3,790s held, looked good. Was super fast though,
either set for it, or not.
Exactly, I ignore all of it other than my personal plan. I'm
betting this conversation helped someone or more than one person
today and that is a good thing.
This is the information that needs to be clear for me and is
actionable aka "the takeaway":
the move should be a STRONG MOVE - not some consolidation move.
"
these are areas where you look to place a trade with a
tighter stop"
Some may miss the point for planning purposes if it isn't stated
like this. I know I did when I was newer to trading. I can still
miss it if I'm not focused on where the market is and how my plan
responds to that. Lots of distractions out here.
Sounds like the market will either be up or down today. I bet
one of those is right
This is the part that I always crack up at, nobody knows until
it happens. All these guys on tv saying this, saying that, looking
right one day, and/ or wrong another. Sometimes both on the same
day. Totally worthless.
The only thing that matters is someone's personal plan in order
that they don't get whipped by the noise. Staying focused on my
plan.
AGG Bonds continue to be a reasonable place to be for an
allocation, particularly on any weakness. I put a post out when
they were wildly oversold near the recent bottom a few months
back.
Even with that issue, it is still the best performing part of
the business. Great growth. Hard isolating these things with such a
large diverse business in the day to day. They are fine long term
though. I believe it is over a 5% dividend at these prices as
well.
WBA Good one to keep on watch if you are an individual stock
person. Getting oversold. In between the bottom two pivots
currently on multi month views.
SPX unless something changes by the open, there is a new gap
above now at 3,852.97 on the cash market, yesterday's close
price.
Good to see the Fed sticking to the plan and the market pricing
things in. We likely have one more woosh down this year (keeping
that 9 year ema on watch and longer term fibs). There will continue
to be opportunities on both sides of the trade. Great for traders.
Risk/reward
I've used hedges into resistance areas and taken profits on them
as things have range traded, it has made it much easier to stay
long with my other shares. I am still long with the system trade
(bear long 2 entries).
DIS putting in some nice days, I went full allocation at $85.45,
which still isn't a huge part of our portfolio, though nice to see
it working. Really wish it wasn't a gap up today so I'll trim and
trail now as it rises.
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SPX if the symmetry plays
Posted by fundamentalvalues on 6th of Jan 2023 at 11:47 am
SPX if the symmetry plays out, then 3,895.75 is the next gap area to fill on deck, right under that low 3,900s area. Aligns with that 38.2 fib as well.
I guess we can say
SPX will open a new gap on the cash market ...
Posted by fundamentalvalues on 6th of Jan 2023 at 09:55 am
I guess we can say 3,852.97 gap filled. Technically, the high was 3,852.39 though. Nice job "Oz" or whoever is behind the curtain.
The downside gap didn't fill, it got to 3,809.56, the complete fill is 3,808.10.
Exactly what I was looking
SPX 15
Posted by fundamentalvalues on 6th of Jan 2023 at 09:08 am
Exactly what I was looking at premarket when SPXS was in lower $23s. You had that scenario charted last night with a quicker move lower off that abcde 12345 flat or whatever it is called
When that 3,790s held, looked good. Was super fast though, either set for it, or not.
Glad to hear it worked
ES futures
Posted by fundamentalvalues on 6th of Jan 2023 at 09:06 am
Glad to hear it worked out! I played it too.
Thanks, glad to hear it
ES futures
Posted by fundamentalvalues on 6th of Jan 2023 at 08:58 am
Thanks, glad to hear it worked out!
SPX will open a new
Posted by fundamentalvalues on 6th of Jan 2023 at 08:52 am
SPX will open a new gap on the cash market at 3,808.10. There are also other gaps on the downside at 3,783.22, 3,748.57, and 3,583.07
Gaps on the upside start at 3,852.97, 3,895.75, and 3,995.32.
All the best today in whatever strategy you are using.
Exactly, I ignore all of
ES futures
Posted by fundamentalvalues on 6th of Jan 2023 at 08:46 am
Exactly, I ignore all of it other than my personal plan. I'm betting this conversation helped someone or more than one person today and that is a good thing.
This is the information that
ES futures
Posted by fundamentalvalues on 6th of Jan 2023 at 08:38 am
This is the information that needs to be clear for me and is actionable aka "the takeaway":
the move should be a STRONG MOVE - not some consolidation move. " these are areas where you look to place a trade with a tighter stop"
Some may miss the point for planning purposes if it isn't stated like this. I know I did when I was newer to trading. I can still miss it if I'm not focused on where the market is and how my plan responds to that. Lots of distractions out here.
Sounds like the market will
ES futures
Posted by fundamentalvalues on 6th of Jan 2023 at 08:28 am
Sounds like the market will either be up or down today. I bet one of those is right
This is the part that I always crack up at, nobody knows until it happens. All these guys on tv saying this, saying that, looking right one day, and/ or wrong another. Sometimes both on the same day. Totally worthless.
The only thing that matters is someone's personal plan in order that they don't get whipped by the noise. Staying focused on my plan.
3,783s and 3,748 your gap
unfinished business
Posted by fundamentalvalues on 5th of Jan 2023 at 04:04 pm
3,783s and 3,748 your gap numbers if it goes that way
3,583 is down there too
There are gaps above as well starting with 3,852s
Continuing to take advantage as
8 week T-bills priced at 4.5%...not too bad for a ...
Posted by fundamentalvalues on 5th of Jan 2023 at 03:56 pm
Continuing to take advantage as well on the TBills.
The loud, extreme forecasts for markets on both sides are just that. The answer is in the middle, no blast, no crash for markets.
it really depends on someone's definition of those though. I don't think 3,200 or 4,300 is a crash or blast for markets re:SPX
Shows how day to day this electronic world as become. All noise
AGG Bonds continue to be
Posted by fundamentalvalues on 5th of Jan 2023 at 11:56 am
AGG Bonds continue to be a reasonable place to be for an allocation, particularly on any weakness. I put a post out when they were wildly oversold near the recent bottom a few months back.
Even with that issue, it
WBA Good one to keep on watch if you are ...
Posted by fundamentalvalues on 5th of Jan 2023 at 09:58 am
Even with that issue, it is still the best performing part of the business. Great growth. Hard isolating these things with such a large diverse business in the day to day. They are fine long term though. I believe it is over a 5% dividend at these prices as well.
WBA Good one to keep
Posted by fundamentalvalues on 5th of Jan 2023 at 09:47 am
WBA Good one to keep on watch if you are an individual stock person. Getting oversold. In between the bottom two pivots currently on multi month views.
https://schrts.co/qtxEWMUb
looks like a 2.67% dividend
NTR looks interesting- Doji with false downside breakout (Spring)- Bullish ...
Posted by fundamentalvalues on 5th of Jan 2023 at 09:24 am
looks like a 2.67% dividend yield at current prices
Should work if markets hold up unless there is some odd news or item out there to be considered. That is always the rub on individual stocks for me.
SPX unless something changes by
Posted by fundamentalvalues on 5th of Jan 2023 at 09:04 am
SPX unless something changes by the open, there is a new gap above now at 3,852.97 on the cash market, yesterday's close price.
Good to see the Fed sticking to the plan and the market pricing things in. We likely have one more woosh down this year (keeping that 9 year ema on watch and longer term fibs). There will continue to be opportunities on both sides of the trade. Great for traders. Risk/reward
I've used hedges into resistance areas and taken profits on them as things have range traded, it has made it much easier to stay long with my other shares. I am still long with the system trade (bear long 2 entries).
Those secrets are well documented: https://youtu.be/djMjYgqFrrQ Haha
Interesting chart related to Matt's topic on interest rates:http://www.longwavegroup.com/market/charts/_pdf/Kondratieff_Cycle_Chart.pdf I first ...
Posted by fundamentalvalues on 5th of Jan 2023 at 07:11 am
Those secrets are well documented:
https://youtu.be/djMjYgqFrrQ
Haha
DIS Walt Disney jumps 4%
Posted by fundamentalvalues on 4th of Jan 2023 at 02:33 pm
DIS Walt Disney jumps 4% as Avatar sequel grosses $1.48B, on track to pass Top Gun-Seeking Alpha
Great chart
SPY - Looks rather flaggy to me...
Posted by fundamentalvalues on 4th of Jan 2023 at 12:41 pm
Great chart
DIS putting in some nice
Posted by fundamentalvalues on 4th of Jan 2023 at 11:23 am
DIS putting in some nice days, I went full allocation at $85.45, which still isn't a huge part of our portfolio, though nice to see it working. Really wish it wasn't a gap up today so I'll trim and trail now as it rises.