yep .. . but i'll cut them some slack today with the range
break in the mid 5440's ... great work to all the algos
out there ...
you can take the day off tomorrow ... i'm
ok with a new ATH mid week now once they consolidate this new range
... maybe a small back test of today's rang break for the
#BTFD mode to kick in and push this higher ...
Posted by DigiNomad on 17th of Jun 2024 at 05:11 pm
SPX 2hr riding the 5 day SMA . Pattern lately has a pop then
consolidate for 2-3 days in a range until the 5 catches up, then
pop again and repeat (I have the 5 SMA locked to "day" so that it
doesn't change to match the timeframe of the chart).
If not a flat out rally, consolidation tomorrow and Thursday
seems likely, right? I mean, to do something else would risk
disrespecting the holiday... (not to mention disrespecting my call
options)
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SPX 10m ... Nice consolidation
Posted by mla127 on 17th of Jun 2024 at 03:45 pm
SPX 10m ... Nice consolidation for an EOD Ramp ...
Same pattern - small double
Posted by steve on 17th of Jun 2024 at 04:00 pm
Same pattern - small double top and drop - just into the close (rinse and repeat)
yep .. . but i'll
Posted by mla127 on 17th of Jun 2024 at 04:15 pm
yep .. . but i'll cut them some slack today with the range break in the mid 5440's ... great work to all the algos out there ... you can take the day off tomorrow ... i'm ok with a new ATH mid week now once they consolidate this new range ... maybe a small back test of today's rang break for the #BTFD mode to kick in and push this higher ...
SPX 2hr riding the 5
Posted by DigiNomad on 17th of Jun 2024 at 05:11 pm
SPX 2hr riding the 5 day SMA . Pattern lately has a pop then consolidate for 2-3 days in a range until the 5 catches up, then pop again and repeat (I have the 5 SMA locked to "day" so that it doesn't change to match the timeframe of the chart).
If not a flat out rally, consolidation tomorrow and Thursday seems likely, right? I mean, to do something else would risk disrespecting the holiday... (not to mention disrespecting my call options)