Comments on: Stock Futures Sink On US Travel Ban

By: Marc

Marc — Thu, 12 Mar 2020 13:06:33 +0000

We should have potentially an 8-10 % up one day event soon
that is what happens during bear markets on select days

By: Kit097

Kit097 — Thu, 12 Mar 2020 12:47:20 +0000

In reply to Mukherjee. Have to sell gold to cover margin calls. Bitcoin is tanking too

By: Nana

Nana — Thu, 12 Mar 2020 12:15:32 +0000

Thanks Randy for update…

By: aturchin

aturchin — Thu, 12 Mar 2020 05:55:30 +0000

@rsotc, 2640(really the zone down to 2602) seems like strong support and was my target because a measured move puts us there. someone very smart taught me about momentum fueled overshoot, could this be that if it recovers 2640ES in the am? I know you are looking for lots more downside, but this is a good stopping point to countertred rally/consolidate before continuing down to 2050 area which is my target for this move for months.

By: Mukherjee

Mukherjee — Thu, 12 Mar 2020 05:26:36 +0000

@rsotc Why is GLD also going down along with the indexes?

By: Flanny3

Flanny3 — Thu, 12 Mar 2020 03:50:31 +0000

In reply to Smartbudda. Its there. Reaction butThink we will break it. This is different.

By: Smartbudda

Smartbudda — Thu, 12 Mar 2020 03:31:10 +0000

There is longterm trendline on SPX from 2008 low comes into play around 2560. Any thoughts on it

By: jwconk

jwconk — Thu, 12 Mar 2020 03:22:30 +0000

Is there a mathematical formula to convert NQ to QQQ and vice versa? Or do we have to overlay the charts and calculate manually? If manual, is there decay or do the different values hold constant (f/ex: if QQQ is uptrend and 100 = 1000 on NQ, 6 months later if NQ drops back to 1000 would that still correspond to 100 on QQQ or should we expect decay)?

By: czekboi

czekboi — Thu, 12 Mar 2020 02:59:30 +0000

In reply to czekboi. DAILY CHART ACTUALLY

By: czekboi

czekboi — Thu, 12 Mar 2020 02:58:26 +0000

@rsotc
https://www.tradingview.com/x/SkW962zk/
Hello Randy,
I know this is very rough weekly trend line, but don’t you think it might produce some reaction?

By: Biggestbetter

Biggestbetter — Thu, 12 Mar 2020 02:56:57 +0000

In reply to crlists13. Don't miss buy now uvxy calls

By: mattyp

mattyp — Thu, 12 Mar 2020 02:47:42 +0000

In reply to Jonfitznd. I think futures stop at -5.00. You can trade higher but not lower than -5.%. circuit breaker rule.

By: Shark friend

Shark friend — Thu, 12 Mar 2020 02:47:15 +0000

In reply to Jonfitznd. With my broker futures have not touched -5%. Missed it by a few ticks.

By: crlists13

crlists13 — Thu, 12 Mar 2020 02:46:03 +0000

Hi Randy Do you see NQ bouncing back to any level before going 7357?

By: Jonfitznd

Jonfitznd — Thu, 12 Mar 2020 02:39:57 +0000

Futures haven’t cut off at 5% down. Any idea why?

By: Heli G.

Heli G. — Thu, 12 Mar 2020 02:36:01 +0000

Hi Randy. I’m short from 7885 where do you think i should place my stop ( if trading don’t halt) ? thanks