He did, but that alone wasn't a sell signal, realize that the
liquidity calculation is a guess at best as guys are trying to
extrapolate ahead of time what the liquidity will be, also this
week tends to be fairly bullish with the inner quarter and week
before 4th of July is generally up. We've also been favoring this
as a way for a pullback since last week, price action and your
triggers are what you go by.
Posted by icecoldjones on 27th of Jun 2023 at 06:19 pm
I wish I knew the last week of June was seasonally bullish as I
would have sold my shorts on Friday. I keep learning more and more
from these forums but always a step behind...
icecoldjones - more importantly what was you plan of exit on
such shorts? Monday was a down day as well - don't trade off
seasonality - trade off price action while be cognizant of things
like seasonality - believe me that does NOT always line
up.
Newsletter
Subscribe to our email list for regular free market updates
as well as a chance to get coupons!
End of June seasonality is
Posted by EdZ on 27th of Jun 2023 at 03:49 pm
End of June seasonality is strong.
Yes with new IRA money
Posted by rbreese on 27th of Jun 2023 at 05:09 pm
Yes with new IRA money coming in. But then we have an interesting low some time middle of July as earnings deluge comes.
Steve mentioned something about liquidity
Posted by fredsaid on 27th of Jun 2023 at 05:20 pm
Steve mentioned something about liquidity coming out of the system this week ?
He did, but that alone
Posted by matt on 27th of Jun 2023 at 06:11 pm
He did, but that alone wasn't a sell signal, realize that the liquidity calculation is a guess at best as guys are trying to extrapolate ahead of time what the liquidity will be, also this week tends to be fairly bullish with the inner quarter and week before 4th of July is generally up. We've also been favoring this as a way for a pullback since last week, price action and your triggers are what you go by.
I wish I knew the
Posted by icecoldjones on 27th of Jun 2023 at 06:19 pm
I wish I knew the last week of June was seasonally bullish as I would have sold my shorts on Friday. I keep learning more and more from these forums but always a step behind...
icecoldjones - more importantly what
Posted by steve on 27th of Jun 2023 at 06:26 pm
icecoldjones - more importantly what was you plan of exit on such shorts? Monday was a down day as well - don't trade off seasonality - trade off price action while be cognizant of things like seasonality - believe me that does NOT always line up.