Comments on: Stock Market, Bitcoin, & Sector Analysis 6-13-22

By: JimG

JimG — Mon, 13 Jun 2022 19:43:10 +0000

In reply to @GEOTRDR. good job trading your short GT... but as far as i can tell Randy traded his positions well too. Not sure if this comment is all that productive for you to keep pushing. but to each their own.

By: TJS

TJS — Mon, 13 Jun 2022 17:39:27 +0000

In reply to @GEOTRDR. Randy has been pretty spot on lately. He called the bounce correct, but stayed a little late to the party. But we all gotta make our own moves. Sounds like you did great.

By: @GEOTRDR

@GEOTRDR — Mon, 13 Jun 2022 16:49:10 +0000

You’ve been looking for and calling a drop like this for years Randy, and last week you were more bullish then bearish looking for a bounce……and missing out on 1000% SPX put days….kinda ironic I’d say…..

By: rsotc

rsotc — Mon, 13 Jun 2022 16:48:02 +0000

In reply to rsotc. Also, keep in mind that "if" /NQ does rally up to T4 (it just popped T1 & ran smack into T2) on the 10-minute chart above, that would put that potential bear trap scenario in play as it would be a recovery back above the previous lows (i.e.- whipsaw). With little to no reaction at T1, we're likely to see some selling here at T2, which was just hit. As such, the next objective long entries would come on a pullback to T1(11457.25) and/or a solid break above T2 (11536.50) with a stop somewhat below T1 and/or (including a reverse back to short) on a break of today's lows.

By: rsotc

rsotc — Mon, 13 Jun 2022 16:39:39 +0000

Here's the 10-minute chart of /NQ with my current potential bounce targets (from the long I reversed into while recording the video above). Playing it by ear so could close out the long and/or reverse back to short, depending on what I see but for now, eyeing at least T3 & quite possibly T4.