This might sound a bit crazy given the latest spout of good earnings we have had, minus AAPL and AMZN earnings!
You will see most of my analysis sees a bit outrageous and contrary to the prevailing market trends.
However, I have been expecting markets to fall for quite a while now, and it appears to me that we can expect the start of a medium term fall,...
This has the same look as the SP500, not surprisingly - and for the same reasons. SHORT either one, or both, as it is a little difference without a distinction.
Incidentally, the DJIA is likely to go last but do the worst.
Again, little difference without distinction.
Hey tradomaniacs,
the current sell-off in NASDAQ100 and climb indicies such as SPX500 can be a bit confusing.
The pump is basically caused by news from Pfizer (PFE) and Biontech (BTNX) saying that the vaccine is 90% effective in combating COVID-19!
It`s kinda hard to evaluate the situation now as NASDAQ100 drops while growth-stocks go up.
This is kinda...
SHORT INTRADAY AT 12121 AND TAKE PROFIT AT 11925
mARKET UP ON bIDEN wIN BUTR REMEMBER HE WANT TO UP THE TAX ON TECH
ANYWAY I ONLY PLAY THE PULLBACK FOR NOW BEFORE THE FOMC/FED OR ANY NEWS ABOUT SENATE OR HOUSE FOR ELECTION
WHILE HE WILL TOUCH MY TP I WILL NOT CUT BUT MADE A TRAILING STOP
SO I ENTER WITH 2 X1 LOT
THE FIRST LOTR I WILL CUT ATR AROUND 12000 FOR...
We (and you??) have been short this thing since 11500.
See this post:
and this post:
This is just a reminder where we are going and to look for fresh SHORT Entries.
I planned to go short if price breaks 10390, it did and I've been able to take 50pips out, watching to see if we hit TP or if my other plans will pan out. Watch previous video for full understanding
