The first gap below is at 4,207.27 if/when they let it go. There
are 8 gaps total below now just from this rally all the way down to
3,674. Here are the gaps:
Below: 4,207.27, 4,122.49, 4,091.19, 4,072.43, 3,921.05,
3,830.85, 3,790.38, and 3,674.84
Above: 4,283.74, 4,393.66, 4,525.12, 4,631.60, and
4,662.85
What I've often noticed with the gaps is that they will coincide
with moving averages, supports, fibs, etc. They have given me major
signals for portfolio management over the years. I prior posted the
adjustments to our investment plan (IRAs strategy) and the market
closed at 4,305 that day. Seasonality is upon us for
Sept-Oct.
I just made another high of the year in my trading account
(separate strategy from long term) so I have closed everything out
and I'm in cash there until we return from vacation. I'll be back
to trading September 6th. See you all soon, enjoy the days!
Would someone be willing to track the gaps while I'm away for
the SPX cash?
Thanks man. I tend to be more conservative by nature, likely the
product of growing up with my grandparents from the age of 8. I'm
used to working hard, another thing I learned early on.
I've gotten more comfortable over the years in raising my
posture to moderate/aggressive in times of extremes (major oversold
levels-negative sentiment). And then reducing my posture into major
overbought levels, aka sell the parties.
From my morning reflections: It is difficult for me to step away
and take breaks, so I'm taking proactive action on a plan to do so
a week earlier than planned. Practicing patience and enjoying life
will recharge me for the next chapter. My pursuit of improvement in
investments and otherwise will benefit. If I were to only increase
wealth and not improve the relationships with those I care about
most, what would I have really accomplished?
Well said, money without relationships is ... well sad, money is
nice but relationships alhtough difficullt at times is what counts
in the end. Recharge and have a great vacaton.
SPX Gaps: The first gap below
Posted by fundamentalvalues on 19th of Aug 2022 at 07:51 am
SPX Gaps:
The first gap below is at 4,207.27 if/when they let it go. There are 8 gaps total below now just from this rally all the way down to 3,674. Here are the gaps:
Below: 4,207.27, 4,122.49, 4,091.19, 4,072.43, 3,921.05, 3,830.85, 3,790.38, and 3,674.84
Above: 4,283.74, 4,393.66, 4,525.12, 4,631.60, and 4,662.85
What I've often noticed with the gaps is that they will coincide with moving averages, supports, fibs, etc. They have given me major signals for portfolio management over the years. I prior posted the adjustments to our investment plan (IRAs strategy) and the market closed at 4,305 that day. Seasonality is upon us for Sept-Oct.
I just made another high of the year in my trading account (separate strategy from long term) so I have closed everything out and I'm in cash there until we return from vacation. I'll be back to trading September 6th. See you all soon, enjoy the days!
Would someone be willing to track the gaps while I'm away for the SPX cash?
I like your style of
Posted by arun on 19th of Aug 2022 at 08:19 am
I like your style of trading and investing. Seems pretty simple and glass half empty type approch
Thanks man. I tend to
Posted by fundamentalvalues on 19th of Aug 2022 at 08:50 am
Thanks man. I tend to be more conservative by nature, likely the product of growing up with my grandparents from the age of 8. I'm used to working hard, another thing I learned early on.
I've gotten more comfortable over the years in raising my posture to moderate/aggressive in times of extremes (major oversold levels-negative sentiment). And then reducing my posture into major overbought levels, aka sell the parties.
From my morning reflections: It is difficult for me to step away and take breaks, so I'm taking proactive action on a plan to do so a week earlier than planned. Practicing patience and enjoying life will recharge me for the next chapter. My pursuit of improvement in investments and otherwise will benefit. If I were to only increase wealth and not improve the relationships with those I care about most, what would I have really accomplished?
Well said, money without relationships
Posted by bk1976 on 19th of Aug 2022 at 08:55 am
Well said, money without relationships is ... well sad, money is nice but relationships alhtough difficullt at times is what counts in the end. Recharge and have a great vacaton.
Well stated and thanks for
Posted by steve on 19th of Aug 2022 at 08:52 am
Well stated and thanks for posting all gap levels - much appreciated and enjoy your vacation.
Thanks for this!
Posted by donkeyface on 19th of Aug 2022 at 07:55 am
Thanks for this!