3309 Drysdale Ct
Edwardsville, IL 62025
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 3,852.97 gap filled. Technically, the high
was 3,852.39 though. Nice job "Oz" or whoever is behind the
The downside gap didn't fill, it got to 3,809.56, the complete
fill is 3,808.10.
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 out! I played it too.
Thanks, glad to hear it worked out!
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
Gaps on the upside start at 3,852.97, 3,895.75, and
All the best today in whatever strategy you are using.
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
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
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 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
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
Shows how day to day this electronic world as become. All
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
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
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.
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 the open, there is a new gap
above now at 3,852.97 on the cash market, yesterday's close
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.
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:
DIS Walt Disney jumps 4% as Avatar sequel grosses $1.48B, on
track to pass Top Gun-Seeking Alpha
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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