Skip to main content

Posts

Showing posts from November, 2022

Crunch time I think. If we sell again, we sell hard.

I think if we make more highs, it's nothing but bad news for the bears. Really would seem best to pack it up for a while if that happens - however, as things stand we've rejected right inside of our bear zones. Very strong downtrend and ultimately a break of 3000 (Probably a bull trap rally soon after). ​ DJI has to reverse here for a bear. https://preview.redd.it/62wa4nnrruy91.png?width=1456&format=png&auto=webp&s=49bc3b63d99fdcc29f55da73cb5d66a2015a796a If we do top here, I'd not expect to see any significant rallies until under 31,500. And more selling after a range/bounce. ​ https://preview.redd.it/xtwj6s70suy91.png?width=1456&format=png&auto=webp&s=578f7e22ce847fcf9e558df283808cdaee8be4d0 ​ Read SPX analysis and more on how the DJI trade plan is generated. via reddit https://ift.tt/P8B6aJ7
Post a Comment
Read more

The downtrend may fail. Do not be ignorant of the warning signs.

The opportunity costs of being incorrect on the bear trade at this level would be very high. Especially if a big bear is coming later and there's another leg coming to kick out the chasing bears. If you've had a good, as I said to the bulls in 2021, a key part of making a profit is taking a profit. Be aware of the warning signs. The risks and opportunities are explained here. via reddit https://ift.tt/MGPzRVS
Post a Comment
Read more

WARNING SIGNS FOR BEAR EXIT

Bears need to remain strong and break lows. If this fails to happen, the bear may be over. Please see this post for warning signals, hedging plans and re-entry into the bear plans. DJI breaking over 33,300 triggers take profit on bear positions. ​ https://www.reddit.com/r/BeatTheBear/comments/yn9ipz/hooleyprofit_is_now_calling_for_a_crash_and/ via reddit https://ift.tt/XoOngNK
Post a Comment
Read more