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albert
Rep: 99
Posts: 3,094
Starting it off.

Al
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rat89
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Posts: 7,015
good morning guys
AL
albert
Rep: 99
Posts: 3,094
good morning.

Al
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rat89
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Posts: 7,015
cf....here's a beauty.....setting up for a short around 47.15 - 47.50?
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rat89
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one more good push for the fruit?

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rat89
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??
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AL
albert
Rep: 99
Posts: 3,094
I should have posted this here. I posted in last week's content and I copied and pasted it here.

Al
Originally posted by albert

Paper Trading. Made some with a put on NFLX. rat, you are correct.

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Al:--)


Originally posted by rat89

nflx is kind of dead...could go a lot lower
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RA
rat89
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??

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rat89
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failure to hit the blue median line suggests that tnx might not be going up as soon as predicted...

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rat89
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qqq is getting close, but not there yet....with the fangs falling, traders will get overly bearish here, and then get whacked by wave minor 5. However, it is very close, closer than spy.

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AL
albert
Rep: 99
Posts: 3,094
Paper trading. Made some on a NFLX put this morning. Gave up too soon, though.
This is another example that fits into the type of trade described below, except that there was a positive up-looking expectation ( SnP futures vs fair value) to the market today.
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Al :--)
Originally posted by albert

Paper trading. I did not even paper trade these, I simply thought they were cool setups, and I would share them, if anyone were interested. (If anyone objects to my posting "non-traded" charts, just say something and I will stop posting that type.)

Cool Opening Setups, IMO. :--)

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That 0.886 fibo is a great trading tool.
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Both OPENing price drops had a) an 0.886 fibo retrace, b) price reversal in the 200 area, c) Death Cross envelopes, and d) price drops from STO OB or peaks. All on a down-looking day.

Al :--)
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rat89
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Posts: 7,015
tsla at 355.00 = .786 retrace

I know this sounds crazy.....
3=1.62*1 at 139
(3)=1.62*(1) at 184

So....blue count to 407 area, or red count ready for (3) of 3 down??

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