Comments on: Crude Breakout, Equities Rally On Headlines

By: jallanb1963

jallanb1963 — Tue, 18 Jun 2019 18:37:56 +0000

I wouldn’t be surprised to see a slight drop (-1 to -2%) after the FOMC and then another slow sideways/melt up until the G20 news. I’m remaining patient with my long-term shorts…when the market finally falls, it’s going to be violent.

By: Nick_SemperFi

Nick_SemperFi — Tue, 18 Jun 2019 15:50:03 +0000

Thanks for update!!
I still don’t like crude, don’t think it will last long at all.

By: wilhud

wilhud — Tue, 18 Jun 2019 15:04:51 +0000

Gaps nearly all filled on SPY.

USDJPY and VIX don’t seem to care at all about this rally. Good opportunity to add shorts back to Semis and stocks like Broadcom IMO

2.5% left to fill that megaphone upper boundary, hopefully it comes on a divergent high, then we can really add some shorts.
https://www.tradingview.com/x/fsBmUq5m/

By: bctgc27

bctgc27 — Tue, 18 Jun 2019 14:56:24 +0000

Randy are you personally beginning to scale out of shorts or are you going to wait until the FOMC dust settles?

By: Flanny3

Flanny3 — Tue, 18 Jun 2019 14:53:03 +0000

thanks Randy, agreed finally a much better picture for shorts with divergernce, shorts soon will have their day/s, but expect them to try to squeeze this up a bit more prior to fomc “disappointment”….g20 will be set up for wicked bounce or failure imho…