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To: Jack of All Trades who wrote (29614)8/6/2018 5:23:03 PM
From: skinowski  Respond to of 41528
 
Fork wise, a 0.7% move (~20pts) from today's close would be nice to short IMO.
That would make it a potential textbook double top.

Bears will expect a major reversal.

Bulls will expect a handle to be built, to complete a bullish Cup&Handle.

A trend follower like old moi would sit back and relax and wait to get a sell signal.... OR, stay long, in the absence thereof... -g



To: Jack of All Trades who wrote (29614)8/6/2018 8:20:51 PM
From: northam  Respond to of 41528
 
My short signal in a Bull market is the 60-SC-2 at the open of the 26th trading hour, that's when the 60-SC-2 is due a high.

Tomorrow if the 60-SC-2 gets confirmed at the open it will be in it's 20th hour, so if it continues to the open of the 6th hour tomorrow, I will add a short position (SPXS).