Comments on: Trade Ideas & Market Analysis 5-18-20 https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/ Stock Trading, Investing & Market Analysis Mon, 04 Oct 2021 19:00:06 +0000 hourly 1 https://wordpress.org/?v=7.0.3 By: Stargazer https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18035 Mon, 18 May 2020 20:22:44 +0000 https://rightsideofthechart.com/?p=201262#comment-18035 also a side note TLT is now resting on top of a large support.. long term trend line from 2009 , 2012, 2016…

]]> By: Action_Jackson https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18031 Mon, 18 May 2020 20:01:48 +0000 https://rightsideofthechart.com/?p=201262#comment-18031 In reply to RonkoTonko.

Interesting close. So it didn’t trigger. However after today’s action I might scale back my short positions more. This can be nothing more then near term bullish.

]]> By: becky https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18029 Mon, 18 May 2020 19:52:02 +0000 https://rightsideofthechart.com/?p=201262#comment-18029 In reply to Action_Jackson.

Almost $1 above by now

]]> By: FooHawk https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18027 Mon, 18 May 2020 19:47:55 +0000 https://rightsideofthechart.com/?p=201262#comment-18027 Question for the members. Why does the market go up when there is “a hope for a vaccine”? There are no vaccines for any SARS variant and the flu shot is only good for about 40% of the flu variants. No vaccine for HIV and I could go on and on. BTW, China has just locked down another region, over 100M people in quarantine. One of the islands of Japan tried to reopen and suffered a second wave much worse than the first. In the meantime, I will try to play the chop in this market. Its not like we broke out. We have been at this level before. April 29th I believe. Cheers!!!

This is the truth. Love 60 minutes Australia.

https://www.youtube.com/watch?v=OMf_qLRjR1I&t=16s

]]> By: Action_Jackson https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18025 Mon, 18 May 2020 19:23:30 +0000 https://rightsideofthechart.com/?p=201262#comment-18025 In reply to RonkoTonko.

I would think SPY would need a solid close above 295.36 for it to be official stopped out. If it rallies into the close then maybe.

]]> By: Action_Jackson https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18023 Mon, 18 May 2020 19:12:18 +0000 https://rightsideofthechart.com/?p=201262#comment-18023 Blow-off top?

]]> By: Imadaytr8r https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18022 Mon, 18 May 2020 19:04:45 +0000 https://rightsideofthechart.com/?p=201262#comment-18022 Truly a bizarre market … hope has it soaring toward a 1000 gain up to 24,615 but all the facts of the disastrous economic depression underway should have the market headed toward 16,000! We officially live in a make believe smoke and mirror world! Sad

]]> By: RonkoTonko https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18021 Mon, 18 May 2020 19:01:37 +0000 https://rightsideofthechart.com/?p=201262#comment-18021 In reply to seasix.

The last trade on QQQ closed on april 7th.

]]> By: Imadaytr8r https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18020 Mon, 18 May 2020 18:58:26 +0000 https://rightsideofthechart.com/?p=201262#comment-18020 Melt up underway … Dow up 922 right now with an hour to go … the last of the shorts are jumping ship ,,, if momentum picks up tomorrow then the Bulls have won! Nothing “short” of painful :-(

]]> By: seasix https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18019 Mon, 18 May 2020 18:57:17 +0000 https://rightsideofthechart.com/?p=201262#comment-18019 In reply to RonkoTonko.

maybe I’m wrong, just saw it in closed trades with today’s date

]]> By: becky https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18018 Mon, 18 May 2020 18:47:47 +0000 https://rightsideofthechart.com/?p=201262#comment-18018 In reply to RonkoTonko.

It sucks to close this short at resistance for sure. I think we’ll pull back. It’s been just a vertical take off. But then we’ll see tmw.

]]> By: becky https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18017 Mon, 18 May 2020 18:30:36 +0000 https://rightsideofthechart.com/?p=201262#comment-18017 Yeah boy. This thing is blowing through all of the stops. The whole market is going parabolic.

]]> By: RonkoTonko https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18016 Mon, 18 May 2020 18:19:39 +0000 https://rightsideofthechart.com/?p=201262#comment-18016 In reply to seasix.

I don’t think there is an active trade on QQQ right now. Or did I missed that?

]]> By: Sterne https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18015 Mon, 18 May 2020 18:08:53 +0000 https://rightsideofthechart.com/?p=201262#comment-18015 Looks like S&P, DJI, indexes will come to some resistance levels about the same time that QQQs look to fill the February 23rd gap, so that’s where I’m looking to take a short position. Ideally for me they squeeze at end of day trapping longs before making Turnaround Tuesday look like a normal pullback.

]]> By: seasix https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18014 Mon, 18 May 2020 17:58:09 +0000 https://rightsideofthechart.com/?p=201262#comment-18014 QQQ short trade was stopped out today? I think that should have been worthy of an email stating that. Did I miss something?

]]> By: RonkoTonko https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18013 Mon, 18 May 2020 17:30:33 +0000 https://rightsideofthechart.com/?p=201262#comment-18013 @rsotc
Will the stop on SPY be suspended again?

]]> By: wunnakoko https://rightsideofthechart.com/trade-ideas-market-analysis-5-18-20/#comment-18010 Mon, 18 May 2020 17:00:22 +0000 https://rightsideofthechart.com/?p=201262#comment-18010 @rsotc – Randy, can you please take a look at IRBT? It’s up 10% today. Does it hit the resistance?

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