Comments on: /NQ Backtesting Wedge, QQQ Hovering Above Support

By: G

Wed, 07 Jun 2023 15:47:46 +0000

I wanted to share another perspective on things.. this guy has been on the right side of the whole bull run and his analysis is interesting.. you can call him a perma bull( like Randy s mostly a perma bear). This is just one mini video post.. You can watch other videos for more info

https://youtu.be/av5yph1Bilg

By: trade0039

trade0039 — Wed, 07 Jun 2023 14:33:49 +0000

In reply to trade0039. Its a shame, we didn’t get a single buy signal on any of the FAANG and Semis since beginning of this year while entry on anyone could have gave us a very good ROI. Totally missed it!!!

By: trade0039

trade0039 — Wed, 07 Jun 2023 14:33:29 +0000

Market shooting higher again today! I guess another divergent high and objective entry to add on to your existing shorts :(((

By: seasix

seasix — Wed, 07 Jun 2023 14:14:44 +0000

In reply to dk. market is doing nothing, Dow index only up 0.09%, keep the shorts. Listen to the charts...ha ha

By: Jeff Vandenburgh

Jeff Vandenburgh — Wed, 07 Jun 2023 14:07:41 +0000

In reply to Jeff Vandenburgh. Market getting jittery now after Canada rate hike.

By: dk

dk — Wed, 07 Jun 2023 13:59:47 +0000

Now above your max bearish bounce target on SPY 428.64 and clearly above on QQQs. Telling if closes above.

What’s the significance of that bounce target? Are you revising your bear market rally thesis?

By: Jeff Vandenburgh

Jeff Vandenburgh — Wed, 07 Jun 2023 13:52:56 +0000

After a few days of rotation out of some of the mega-cap tech stocks, it was inevitable that there would be rotation back into them, as well. The rally is now completely broad-based. This is a bull market. Only lagging sector today is financials.

By: seasix

seasix — Wed, 07 Jun 2023 12:37:24 +0000

It’s now Wed, so time to start the 3% end of week run to QQQ 365?

By: albert hernandez

albert hernandez — Wed, 07 Jun 2023 07:32:59 +0000

can you chart tlt

By: G

Tue, 06 Jun 2023 18:40:28 +0000

Am with you.. not taking any expensive shorts.. Definitely see more upside (at least till 14800 ish) before any meaningful pullback. Of course, Randy’s trade here isn’t targeting a big pullback.. Just around 4% to 14k .. It may happen.. It won’t make or break anyone’s account. It’s not worth the risk ( no matter how small) in my opinion. I wouldn’t give the trade a high probability status.