Comments on: Stock Index Futures & ETFs Close Above Uptrend Lines 8-19-24 https://rightsideofthechart.com/stock-index-futures-etfs-close-above-uptrend-lines-8-19-24/ Stock Trading, Investing & Market Analysis Tue, 20 Aug 2024 14:10:47 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: rsotc https://rightsideofthechart.com/stock-index-futures-etfs-close-above-uptrend-lines-8-19-24/#comment-33338 Tue, 20 Aug 2024 14:10:47 +0000 https://rightsideofthechart.com/?p=214970#comment-33338 In reply to EMFO.

No, not yet. Based on the charts, I’d say there is a very high chance those uptrend lines on $SPX & $NDX get taken out today, triggering a pullback. Whether that comes today, tmrw or Thursday, I want to gauge the nature & scope of it & will most likely set a stop or series of staggered stops above the recent high (e.g.- today’s high, should the pullback start today). I’m going to do a video soon & will discuss that.

]]> By: AP https://rightsideofthechart.com/stock-index-futures-etfs-close-above-uptrend-lines-8-19-24/#comment-33334 Mon, 19 Aug 2024 22:21:14 +0000 https://rightsideofthechart.com/?p=214970#comment-33334 Got bear trapped on this last V shape. Thought this would break the camel’s back but degens are on a roll.
Gather and deploy , gl to everyone

]]> By: EMFO https://rightsideofthechart.com/stock-index-futures-etfs-close-above-uptrend-lines-8-19-24/#comment-33333 Mon, 19 Aug 2024 21:01:38 +0000 https://rightsideofthechart.com/?p=214970#comment-33333 @rsotc Randy, just curious, did you trim some of your short positions due to the upside break? I know we are not following your every move but it provides insight into your level conviction.

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