DJI Rolling over- Textbook Rejection
已更新
Refer to J Murphy, Technical Analysis of the Financial Markets: Fig 4-10a; rejection, return to TL; rejection confirmed:
cdn.preterhuman.net/texts/unsorted2/Stock books 029/John J Murphy - Technical Analysis Of The Financial Markets.pdf
See p. 72; and discussion of reversal patterns with diminishing volume pp 103, 107/8; Fig 6.8c with discussion of wedges as reversal pattern, and volume on pp 147-150.
All this is THEORY. Trade at your own Risk; GLTA!
NB: DJI is STRONG SELL on multiple indicators, see investing.com:
investing.com/indices/us-30-technical?period=3600
IMO we could get a wee lift if you look back week of 19-23 October, a weak lift before the deep dump... will Santa save DJI?!
cdn.preterhuman.net/texts/unsorted2/Stock books 029/John J Murphy - Technical Analysis Of The Financial Markets.pdf
See p. 72; and discussion of reversal patterns with diminishing volume pp 103, 107/8; Fig 6.8c with discussion of wedges as reversal pattern, and volume on pp 147-150.
All this is THEORY. Trade at your own Risk; GLTA!
NB: DJI is STRONG SELL on multiple indicators, see investing.com:
investing.com/indices/us-30-technical?period=3600
IMO we could get a wee lift if you look back week of 19-23 October, a weak lift before the deep dump... will Santa save DJI?!
注释
Aye, wee lift from the bipartisan relief bill proposal, going to a vote later on. Short entry IMO注释
Sitting in cash waiting on clear signal; manic rally possible on stimulus, might be soon注释
Stim deal in the works, see how markets react before you throw money in this grinder!注释
Would not touch this yet. WAIT for the DEAL. Might be Friday; might be next week. Santa will come!交易开始
Fourth trip to the TL. Rejection now will be fatal IMO; entering shorts in SDOW and some bear spreads注释
Rejecting; heading lower in New Year IMO注释
Closed bear spreads on the dip; holding SDOW交易开始
Reloaded bear spreads on 12/23; in the Jan 302P, short Xmas 297P; just 4 contracts. Another improbable bear flag grinds higher all day after what appears to be an exhaustion gap; expect short-covering visit from Santa Thursday!交易开始
Played Fade Gap; waiting on Tuesday's price action, holding inverse ETFs, rolled short calls to pay for drawdown. So many gaps to fill...注释
Unless it closes lower EOD FTG did not work for SPX/DJI today (12/28); NQ did fade back down to near closing price, and RUT closed it. These prices are very effing high but can certainly climb higher! IMO the rally will end soon... correction, then another stupid rally LOL注释
Looks like it topped at 30500 on 12/29; look to the weekly candles for confirmation!交易开始
Shorting in box 30600-30800订单已取消
It's a blowoff top expect a parabolic交易开始
In SDOW at $12 and DIA 310P, bear spread
相关出版物
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。