OB Expect pullback in Cup and Handle Formation Short

E-mini S&P 500 FuturesCME

Description

⋅ Sep 30, 2020 3:28 PM

C&H ought to move down soon from overbought to form Handle.
This rally may be a first wave in an impulsive move higher, if so a 2nd wave retracement soon.

Comment

⋅ Sep 30, 2020 5:10 PM

Bear flag broke down; going ITM

Trade active

⋅ Sep 30, 2020 5:10 PM

Shorted QQQ, SPY near HOTD

Comment

⋅ Sep 30, 2020 5:13 PM

Gap from Monday 9/28 to be filled...

Trade active

⋅ Sep 30, 2020 6:30 PM

Closed out intraday on the strong sell after 2PM; Take What the Market Gives You!

Comment

⋅ Oct 1, 2020 12:10 AM

TBVH need to tread with caution here now, expect consolidation followed by breakout resolution, within a week or two at most; IMO will get Bullish in October:
marketwatch.com/story/what-history-says-tends-to-happen-after-the-u-s-stock-market-logs-ugly-september-losses-11601498299?mod=mw_latestnews
NQ on average gains 4% in October after losing >5% in September...!

Comments

PolarHusk

⋅ Oct 1, 2020 7:30 AM

GoodWork