Thanks for the clarification - the market swung BOTH directions
last week in accordance with the predominant broadening wedge
pattern discussed last weekend. You could have actually made
more points to the downside than the upside.
I did listen to the newsletter.
maybe i should rephrase.
And I am not blaming anyone to make it clear.
Did you guys feel the market May rally on Friday before
Thursday market close ? If so then it may have given us a better
entry point at lower prices.
I was already long. Though I did have my doubts if we
would gap up or not. I remember some members asking about the
diamond pattern chart interpretation and they didn’t get any
response. However, I felt the market survived the fed meeting
volatility pretty well and hence took a long position. And
the QQQ chart 2 hour chart also supported a push up. But AAPL
earnings were def a wild card. Hence I had my doubts. Which is why
I asked this question if you guys held back on posting potential
long trade before close for any specific reason as opposed to the
heads-up you had given for the 100 point sell off the week
before.
No, but move directionally on a range break above 4100 or
below 4060 on ES. Go examine the 30 minute doji candles on ES
showing the indecisiveness pre market. Arun you may have
overlooked the SPX demand zone around 4050 listed in last
weekend newsletter where one can look for objective long entries.
I don't have a crystal ball but will provide the levels to
note as well as the predominant pattern that I see - please review
closely the broadening pattern vs a small time frame diamond
pattern. To be clear, I did not go long prior to the range
break as that would have been just a guess for me prior to the
range break.
No, but move directionly on a range break above 4100 or
below 4060 on ES. Go examine the 30 minute doji candles on ES
showing the indecisiveness pre market. Arun you may have
overlooked rge SPX demand zone in last weekend newsletter where one
can look for objective long entries. Level to level trading for me
as per my plan.
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Thanks for the clarification -
Volatility systems
Posted by steve on 7th of May 2023 at 08:55 pm
Thanks for the clarification - the market swung BOTH directions last week in accordance with the predominant broadening wedge pattern discussed last weekend. You could have actually made more points to the downside than the upside.
I did listen to the
Posted by arun on 7th of May 2023 at 09:19 pm
I did listen to the newsletter.
maybe i should rephrase.
And I am not blaming anyone to make it clear.
Did you guys feel the market May rally on Friday before Thursday market close ? If so then it may have given us a better entry point at lower prices.
I was already long. Though I did have my doubts if we would gap up or not. I remember some members asking about the diamond pattern chart interpretation and they didn’t get any response. However, I felt the market survived the fed meeting volatility pretty well and hence took a long position. And the QQQ chart 2 hour chart also supported a push up. But AAPL earnings were def a wild card. Hence I had my doubts. Which is why I asked this question if you guys held back on posting potential long trade before close for any specific reason as opposed to the heads-up you had given for the 100 point sell off the week before.
No, but move directionally on
Posted by steve on 7th of May 2023 at 10:15 pm
No, but move directionally on a range break above 4100 or below 4060 on ES. Go examine the 30 minute doji candles on ES showing the indecisiveness pre market. Arun you may have overlooked the SPX demand zone around 4050 listed in last weekend newsletter where one can look for objective long entries. I don't have a crystal ball but will provide the levels to note as well as the predominant pattern that I see - please review closely the broadening pattern vs a small time frame diamond pattern. To be clear, I did not go long prior to the range break as that would have been just a guess for me prior to the range break.
No, but move directionly on
Posted by steve on 7th of May 2023 at 10:09 pm
No, but move directionly on a range break above 4100 or below 4060 on ES. Go examine the 30 minute doji candles on ES showing the indecisiveness pre market. Arun you may have overlooked rge SPX demand zone in last weekend newsletter where one can look for objective long entries. Level to level trading for me as per my plan.