Comments on: Stock Index Futures Bear Flagging

By: snp

snp — Thu, 15 Aug 2019 16:03:38 +0000

In reply to snp. it did reach 2870.5

By: orricobian

orricobian — Thu, 15 Aug 2019 11:31:19 +0000

Thanks Randy!

By: Smogorz

Smogorz — Thu, 15 Aug 2019 11:17:58 +0000

Hi! Any SL here? Or only TP :p :)

By: rsotc

rsotc — Thu, 15 Aug 2019 10:34:09 +0000

In reply to mic. LOL.... Only if I happen to see something compelling enough to post such as what might prove to be a 2%+ overnight drop in the futures such as this one (with 3 hours to go before the opening bell as I type, although the nearly 4% drop in /NQ, if that 7250ish target is hit, probably won't occur until the after regular session opens today, assuming that it does).

By: rsotc

rsotc — Thu, 15 Aug 2019 10:28:52 +0000

In reply to herreradamian54. 2780 on /ES correlated to around 282 on SPY.

By: rsotc

rsotc — Thu, 15 Aug 2019 10:27:34 +0000

In reply to Rekar. I like to sleep when the market sleeps & it has certainly awakened recently. Swing & day traders make money during periods of volatility & as they say; You snooze, you lose! ;-)

By: The Elite Trader

The Elite Trader — Thu, 15 Aug 2019 09:31:31 +0000

Thanks for late night update. Is bear flag still on or folded? Please update.

By: Ian M

Ian M — Thu, 15 Aug 2019 09:04:32 +0000

Whoa! And the trendline breaks…glad I had stop sell orders under it!

By: Ian M

Ian M — Thu, 15 Aug 2019 08:18:34 +0000

Seems like /ES and /NQ are following an upward trendline. At 3AM they broke it, but now they are back on the trendline again. I’m waiting for it to break the trendline before make a short entry.

By: Medinatrader

Medinatrader — Thu, 15 Aug 2019 06:21:09 +0000

Thanks!