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   Strategies & Market TrendsVolatile Times and Short Term Position Trading 3x ETFs.


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To: Woody who wrote (3980)9/17/2021 3:07:15 PM
From: Doug R
   of 4171
 
The 50 and 200 deMAs on the 5 hour are in an informational position.
A move back up after today would bring on a textbook MA bounce.

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To: Doug R who wrote (3982)9/17/2021 3:13:13 PM
From: Woody
   of 4171
 
If I had to guess I'd say it'll be an impulse up or down. At the present time I'm leaning toward down with a close under 2217 .. but who knows.

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To: Woody who wrote (3983)9/17/2021 3:19:01 PM
From: Doug R
   of 4171
 
3823

;-)

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To: Doug R who wrote (3984)9/17/2021 3:20:37 PM
From: Woody
   of 4171
 
As it's said, history repeats .. lol.

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From: Woody9/17/2021 3:55:29 PM
   of 4171
 
Looks like we have an answer ..

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To: Woody who wrote (3986)9/17/2021 6:09:02 PM
From: RWS
   of 4171
 
Interesting that SPX & NDX are down and RUT is up.

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From: Woody9/17/2021 7:12:15 PM
   of 4171
 
Yeah might be a head fake since the ES dropped another 7 points after the close. Still thinking impulse .. we'll see.

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To: Woody who wrote (3988)9/19/2021 9:57:27 PM
From: Doug R
   of 4171
 
So, what we're lookin' at is a bear flag over the last 4 candles threatening to break down.
The channel bottom would again become a factor along with that 2199-ish "backstop".

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To: Doug R who wrote (3989)9/19/2021 10:45:33 PM
From: Magnatizer
1 Recommendation   of 4171
 
Full moon tomorrow night.

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To: Magnatizer who wrote (3990)9/20/2021 2:23:17 PM
From: RWS
   of 4171
 
Sold my TZA call position. Holding VXX.

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