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Strategies & Market Trends : Wolfgangrene's charts -- Ignore unavailable to you. Want to Upgrade?


To: Chris_Toronto who wrote (3720)1/4/2018 10:21:57 AM
From: The Ox  Respond to of 3976
 
Note, you can right click the image and paste it into your post - at least you can under Windows, using the Chrome browser....




To: Chris_Toronto who wrote (3720)1/4/2018 1:46:18 PM
From: The Ox  Read Replies (1) | Respond to of 3976
 
Good luck with your timing. I find it very aggressive to get out in front of this market and go short.

There is little doubt in my mind that if you get the timing right, there will be a flash crash or a running of the computer programs/Algo traders which should create a wonderful opportunity to cash in substantially and very quickly!!

We've not had more than a handful of consecutive down days in a row for over a year. Even these have been very small % moves. A larger one is on the horizon. My more conservative nature wants to see some weakness before I get aggressive, not worrying about getting all the move and I'll look for a lower risk entry point.

If the trade goes against you, keep the stops relatively tight....would be about the only wisdom I'd offer....

Lots of room lower on most SPY charts, IMO......we'll see....