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14th March 2018
Quote from
Nick on 14th March 2018, 8:10 am
Buy the dip today!
Todays Post here
Buy the dip today!
Todays Post here
Quote from
icarus on 14th March 2018, 9:59 am
Good morning all.
Running a long on spx from 667
Good morning all.
Running a long on spx from 667
Quote from
icarus on 14th March 2018, 10:03 am
I have resistance on ftse at 7160 and 7300 area for today. My thinking is that Spx is likely to breakout towards 2830 therefore ftse should clear 7160 pretty soon.
Stops at be +2 for spx
I have resistance on ftse at 7160 and 7300 area for today. My thinking is that Spx is likely to breakout towards 2830 therefore ftse should clear 7160 pretty soon.
Stops at be +2 for spx
Quote from
Nick on 14th March 2018, 10:13 am
Quote from icarus on 14th March 2018, 9:59 am
Good morning all.
Running a long on spx from 667
2766.7 is that?
Quote from icarus on 14th March 2018, 9:59 am
Good morning all.
Running a long on spx from 667
2766.7 is that?
Quote from
icarus on 14th March 2018, 10:24 am
Quote from Nick on 14th March 2018, 10:13 am
Quote from icarus on 14th March 2018, 9:59 am
Good morning all.
Running a long on spx from 667
2766.7 is that?
Well spotted! Sorry, yes it is from 2767.29. Have taken a third off the table just in case and stop at 2769.38
Quote from Nick on 14th March 2018, 10:13 am
Quote from icarus on 14th March 2018, 9:59 am
Good morning all.
Running a long on spx from 667
2766.7 is that?
Well spotted! Sorry, yes it is from 2767.29. Have taken a third off the table just in case and stop at 2769.38
Quote from
icarus on 14th March 2018, 10:27 am
A conclusive break of 2760 is what is required for the bears to gather some momentum to the decline. That should worry a few bulls!
A conclusive break of 2760 is what is required for the bears to gather some momentum to the decline. That should worry a few bulls!
Quote from
Nick on 14th March 2018, 10:35 am
I think we might well hold that 7100 low for the moment. S&P based at 2760 pretty well yesterday too
I think we might well hold that 7100 low for the moment. S&P based at 2760 pretty well yesterday too
Quote from
icarus on 14th March 2018, 10:38 am
Quote from Nick on 14th March 2018, 10:35 am
I think we might well hold that 7100 low for the moment. S&P based at 2760 pretty well yesterday too
I agree and hope to see 2830 soon!
Quote from Nick on 14th March 2018, 10:35 am
I think we might well hold that 7100 low for the moment. S&P based at 2760 pretty well yesterday too
I agree and hope to see 2830 soon!
Quote from
icarus on 14th March 2018, 10:41 am
Quote from icarus on 14th March 2018, 10:38 am
Quote from Nick on 14th March 2018, 10:35 am
I think we might well hold that 7100 low for the moment. S&P based at 2760 pretty well yesterday too
I agree and hope to see 2830 soon!
The potential pinbar formation on the hourly is not helping though. Hopefully is just a sucker play and we do resolve higher, should be clearer soon
Quote from icarus on 14th March 2018, 10:38 am
Quote from Nick on 14th March 2018, 10:35 am
I think we might well hold that 7100 low for the moment. S&P based at 2760 pretty well yesterday too
I agree and hope to see 2830 soon!
The potential pinbar formation on the hourly is not helping though. Hopefully is just a sucker play and we do resolve higher, should be clearer soon
Quote from
icarus on 14th March 2018, 10:48 am
Here's the chart i am looking at
Here's the chart i am looking at
Quote from
icarus on 14th March 2018, 10:53 am
And spx
And spx
Quote from
Mcgcapital on 14th March 2018, 11:32 am
Morning guys.. thinking this breaks much lower below 7000 soon. Every rally is getting sold into, on Reuters the other day when we were at 7200s most of the fund managers were saying don't expect to get back to previous valuations anytime soon. And if we're not going up we're going to go down probably...
US looks quite worrying, the way this market is gyrating about usually doesn't resolve bullishly... when people are committing long term capital it sticks and we tend to get a grind higher like the last 18 months and the dips are shallow. This looks more like the rallies are short covering as we give them back within a day or two. Also looks quite narrow in terms of stocks participating as its mainly tech driven... big reversal yesterday for the Nasdaq which has a massive negative RSI divergence on new highs so interesting to see whether it follows through today.
Can easily see the S&P back in the 2500s here if they break the 50 dma again near 2740... and that probably means FTSE going to 6600-6800 if that happens.
So sell the rallies for now.. unless it can make a higher high above 7250 in the first instance
Morning guys.. thinking this breaks much lower below 7000 soon. Every rally is getting sold into, on Reuters the other day when we were at 7200s most of the fund managers were saying don't expect to get back to previous valuations anytime soon. And if we're not going up we're going to go down probably...
US looks quite worrying, the way this market is gyrating about usually doesn't resolve bullishly... when people are committing long term capital it sticks and we tend to get a grind higher like the last 18 months and the dips are shallow. This looks more like the rallies are short covering as we give them back within a day or two. Also looks quite narrow in terms of stocks participating as its mainly tech driven... big reversal yesterday for the Nasdaq which has a massive negative RSI divergence on new highs so interesting to see whether it follows through today.
Can easily see the S&P back in the 2500s here if they break the 50 dma again near 2740... and that probably means FTSE going to 6600-6800 if that happens.
So sell the rallies for now.. unless it can make a higher high above 7250 in the first instance
Quote from
anstel on 14th March 2018, 12:18 pm
Quote from Mcgcapital on 14th March 2018, 11:32 am
Morning guys.. thinking this breaks much lower below 7000 soon. Every rally is getting sold into, on Reuters the other day when we were at 7200s most of the fund managers were saying don't expect to get back to previous valuations anytime soon. And if we're not going up we're going to go down probably...
US looks quite worrying, the way this market is gyrating about usually doesn't resolve bullishly... when people are committing long term capital it sticks and we tend to get a grind higher like the last 18 months and the dips are shallow. This looks more like the rallies are short covering as we give them back within a day or two. Also looks quite narrow in terms of stocks participating as its mainly tech driven... big reversal yesterday for the Nasdaq which has a massive negative RSI divergence on new highs so interesting to see whether it follows through today.
Can easily see the S&P back in the 2500s here if they break the 50 dma again near 2740... and that probably means FTSE going to 6600-6800 if that happens.
So sell the rallies for now.. unless it can make a higher high above 7250 in the first instance
Morning all,Mcg,I was long yday in the morning but closed out at a loss...I agree with you mcg I'm short now and holding for a while.....I don't think it's got the legs anymore...
Quote from Mcgcapital on 14th March 2018, 11:32 am
Morning guys.. thinking this breaks much lower below 7000 soon. Every rally is getting sold into, on Reuters the other day when we were at 7200s most of the fund managers were saying don't expect to get back to previous valuations anytime soon. And if we're not going up we're going to go down probably...
US looks quite worrying, the way this market is gyrating about usually doesn't resolve bullishly... when people are committing long term capital it sticks and we tend to get a grind higher like the last 18 months and the dips are shallow. This looks more like the rallies are short covering as we give them back within a day or two. Also looks quite narrow in terms of stocks participating as its mainly tech driven... big reversal yesterday for the Nasdaq which has a massive negative RSI divergence on new highs so interesting to see whether it follows through today.
Can easily see the S&P back in the 2500s here if they break the 50 dma again near 2740... and that probably means FTSE going to 6600-6800 if that happens.
So sell the rallies for now.. unless it can make a higher high above 7250 in the first instance
Morning all,Mcg,I was long yday in the morning but closed out at a loss...I agree with you mcg I'm short now and holding for a while.....I don't think it's got the legs anymore...
Quote from
icarus on 14th March 2018, 2:17 pm
Quote from Mcgcapital on 14th March 2018, 11:32 am
Morning guys.. thinking this breaks much lower below 7000 soon. Every rally is getting sold into, on Reuters the other day when we were at 7200s most of the fund managers were saying don't expect to get back to previous valuations anytime soon. And if we're not going up we're going to go down probably...
US looks quite worrying, the way this market is gyrating about usually doesn't resolve bullishly... when people are committing long term capital it sticks and we tend to get a grind higher like the last 18 months and the dips are shallow. This looks more like the rallies are short covering as we give them back within a day or two. Also looks quite narrow in terms of stocks participating as its mainly tech driven... big reversal yesterday for the Nasdaq which has a massive negative RSI divergence on new highs so interesting to see whether it follows through today.
Can easily see the S&P back in the 2500s here if they break the 50 dma again near 2740... and that probably means FTSE going to 6600-6800 if that happens.
So sell the rallies for now.. unless it can make a higher high above 7250 in the first instance
Well yes i havent ruled a bearish option out yet. Here's what a drop on higher timeframes would look like:
Dow - 5268 to 5816 points from 25800.
Spx - 550 to 560 points from 2800
Ftse - 1125 yo 1450 points from 7326
Quote from Mcgcapital on 14th March 2018, 11:32 am
Morning guys.. thinking this breaks much lower below 7000 soon. Every rally is getting sold into, on Reuters the other day when we were at 7200s most of the fund managers were saying don't expect to get back to previous valuations anytime soon. And if we're not going up we're going to go down probably...
US looks quite worrying, the way this market is gyrating about usually doesn't resolve bullishly... when people are committing long term capital it sticks and we tend to get a grind higher like the last 18 months and the dips are shallow. This looks more like the rallies are short covering as we give them back within a day or two. Also looks quite narrow in terms of stocks participating as its mainly tech driven... big reversal yesterday for the Nasdaq which has a massive negative RSI divergence on new highs so interesting to see whether it follows through today.
Can easily see the S&P back in the 2500s here if they break the 50 dma again near 2740... and that probably means FTSE going to 6600-6800 if that happens.
So sell the rallies for now.. unless it can make a higher high above 7250 in the first instance
Well yes i havent ruled a bearish option out yet. Here's what a drop on higher timeframes would look like:
Dow - 5268 to 5816 points from 25800.
Spx - 550 to 560 points from 2800
Ftse - 1125 yo 1450 points from 7326
Quote from
icarus on 14th March 2018, 5:17 pm
Sold the break of 60. banked 8. Small long on spx at 50
Sold the break of 60. banked 8. Small long on spx at 50
Quote from
anstel on 14th March 2018, 5:20 pm
Closed my short and long now between 40 and 34
Closed my short and long now between 40 and 34
Quote from
icarus on 14th March 2018, 5:21 pm
Quote from anstel on 14th March 2018, 5:20 pm
Closed my short and long now between 40 and 34
Good going.
Quote from anstel on 14th March 2018, 5:20 pm
Closed my short and long now between 40 and 34
Good going.
Quote from
anstel on 14th March 2018, 5:21 pm
Quote from anstel on 14th March 2018, 5:20 pm
Closed my short and long now between 40 and 34
Actually my lowest is 23 I forgot that one ...
Quote from anstel on 14th March 2018, 5:20 pm
Closed my short and long now between 40 and 34
Actually my lowest is 23 I forgot that one ...
Quote from
icarus on 14th March 2018, 5:29 pm
Quote from icarus on 14th March 2018, 5:17 pm
Sold the break of 60. banked 8. Small long on spx at 50
Out of longs. More downside looks likely.
Quote from icarus on 14th March 2018, 5:17 pm
Sold the break of 60. banked 8. Small long on spx at 50
Out of longs. More downside looks likely.
Quote from
icarus on 14th March 2018, 7:00 pm
Quote from icarus on 14th March 2018, 5:29 pm
Quote from icarus on 14th March 2018, 5:17 pm
Sold the break of 60. banked 8. Small long on spx at 50
Out of longs. More downside looks likely.
Duck it! Should have held a wee bit longer!
Quote from icarus on 14th March 2018, 5:29 pm
Quote from icarus on 14th March 2018, 5:17 pm
Sold the break of 60. banked 8. Small long on spx at 50
Out of longs. More downside looks likely.
Duck it! Should have held a wee bit longer!
Quote from
icarus on 14th March 2018, 7:06 pm
Quote from icarus on 14th March 2018, 7:00 pm
Quote from icarus on 14th March 2018, 5:29 pm
Quote from icarus on 14th March 2018, 5:17 pm
Sold the break of 60. banked 8. Small long on spx at 50
Out of longs. More downside looks likely.
Duck it! Should have held a wee bit longer!
Short at 58 stop at 63
Quote from icarus on 14th March 2018, 7:00 pm
Quote from icarus on 14th March 2018, 5:29 pm
Quote from icarus on 14th March 2018, 5:17 pm
Sold the break of 60. banked 8. Small long on spx at 50
Out of longs. More downside looks likely.
Duck it! Should have held a wee bit longer!
Short at 58 stop at 63
Quote from
icarus on 14th March 2018, 7:20 pm
Quote from icarus on 14th March 2018, 7:06 pm
Quote from icarus on 14th March 2018, 7:00 pm
Quote from icarus on 14th March 2018, 5:29 pm
Quote from icarus on 14th March 2018, 5:17 pm
Sold the break of 60. banked 8. Small long on spx at 50
Out of longs. More downside looks likely.
Duck it! Should have held a wee bit longer!
Short at 58 stop at 63
Stop at be +0.5
Thats it for me for the day
Quote from icarus on 14th March 2018, 7:06 pm
Quote from icarus on 14th March 2018, 7:00 pm
Quote from icarus on 14th March 2018, 5:29 pm
Quote from icarus on 14th March 2018, 5:17 pm
Sold the break of 60. banked 8. Small long on spx at 50
Out of longs. More downside looks likely.
Duck it! Should have held a wee bit longer!
Short at 58 stop at 63
Stop at be +0.5
Thats it for me for the day
