FTSE, DAX, DOW Trading Ideas and discussions

[Dentalfloss]

range has coiled on spx....gonna pop

could be a fake

 

[Local1]

bounce to 10160 area would be good for another round of selling

 

[Dentalfloss]

popped downwards

 

[Dentalfloss]

tightened stop
into Attillas 1918 pivot area

 

[Dentalfloss]

stopped out for a good run

 

[Dentalfloss]

1942 area could be a real dog
stopped out on both for an excellent run

1940 area was a real dog ...so far...but really worked well
10040 area worked well today

 

[Dentalfloss]

tightened stop
into Attillas 1918 pivot area

scalped the bounce

 

[Dentalfloss]

update to our chart that was posted on Thursday /last at 11am
possible bull trap
played out well,especially if you are a swing trader
price has now retraced to breakout point]

trap was marked in 1992 area...1995 was the top
a nice 80 point tank for any swing traders

 

[Dentalfloss]

we should be in an area where bulls come in...

 

[MichaelJohnFX]

 

[MichaelJohnFX]

More dump IMHO. 10850 possibly where bulls will come in

 

[Dentalfloss]

more dump imho. 10850 possibly where bulls will come in

10850 ??

 

[MichaelJohnFX]

10850 ??

:Lol: hahahahhahahahahahhahahaa

that made me chuckle loool

9850 lol

 

[MichaelJohnFX]

More dump IMHO. 10850 possibly where bulls will come in

Broken support, let's seee if it holds going into the close...otherwise, it could be a fake...

 

[Dentalfloss]

:Lol: hahahahhahahahahahhahahaa

that made me chuckle loool

9850 lol

:cheesy:

 

[Dentalfloss]

spx in trend supp and a tad oversold....does not mean it will rally

 

[MichaelJohnFX]

This is the chart I wanted to post earlier. Bulls are not done yet. We saw murmurs of them today.Let's see what tomorrow brings, but should be good day.

 

[Dentalfloss]

100 point spx move...approx since we called that bull trap last Thursday morning
Still unsure where its going

 

[MichaelJohnFX]

:Lol: hahahahhahahahahahhahahaa

that made me chuckle loool

9850 lol

100 point bounce from this area - didnt take it

bulls still lingering

 

[MichaelJohnFX]

I gain absolutely nothing from holding charts back, hence i always share my stuff lol the market does not consist of this thread haha.

But this is PA from July....As we said, bulls are still in there and as we also posted - look at the history of past corrections. The bottom of that wedge is around the 8700 area on the 17th September....D-day lol I may take a day off work for the fireworks.

PA suggested we'd get a tank of some sort this week - we said either today or tomorrow - we got got it today, helped by China PMI of course. I think we'll test the lows, if history is to be believed, with rallies here and there.