Great stuff, thanks for sharing. The 5 gaps below on the $SPX
are nothing to ignore either. Risk/reward this is a fast trading
environment. Nobody is respecting a pullback now. I think we get
some downside to the 3,400s to start, and possibly 3,300s. As Steve
pointed out in the newsletter. The vaccine isn't available. Market
is ahead of itself here as it usually is. I did take that fast
trade yesterday via SPXL on prior day gap fill and sold pre market
this morning as we bumped our heads against 3,470s. Some great
traders here and the accountability and sharing has focused me on
price and away from the noise. Improved my results a lot since
being here. Thank you Matt, Steve, and everyone here.
Great stuff, thanks for sharing.
Rydex asset ratio has reached extreme levels again. Too many ...
Posted by fundamentalvalues on 11th of Nov 2020 at 07:48 am
Great stuff, thanks for sharing. The 5 gaps below on the $SPX are nothing to ignore either. Risk/reward this is a fast trading environment. Nobody is respecting a pullback now. I think we get some downside to the 3,400s to start, and possibly 3,300s. As Steve pointed out in the newsletter. The vaccine isn't available. Market is ahead of itself here as it usually is. I did take that fast trade yesterday via SPXL on prior day gap fill and sold pre market this morning as we bumped our heads against 3,470s. Some great traders here and the accountability and sharing has focused me on price and away from the noise. Improved my results a lot since being here. Thank you Matt, Steve, and everyone here.
you are welcome
Posted by elliotw on 11th of Nov 2020 at 09:53 pm
you are welcome
I meant 3,570s premarket head
Posted by fundamentalvalues on 11th of Nov 2020 at 07:55 am
I meant 3,570s premarket head bump, not 3,470s.