To: Doug R who wrote (4077) | 10/28/2021 2:08:36 PM | From: Doug R | | |  The way things are going (insanely...considering everything), since the Russell can't stay in this year-long trading range forever (I think), A move up and out of the range may follow a break back over 2291 at this juncture. However, I suspect the market will fall into a black hole soon after the Russell does that....
This is the most solid build yet up to this level.
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To: Doug R who wrote (4078) | 10/28/2021 8:33:04 PM | From: RWS | | | The slightly descending top and bottom lines of the channel hint at a bull flag...it's a stretch I know. |
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To: Doug R who wrote (4081) | 11/1/2021 10:50:17 AM | From: Doug R | | | At some point a retest of 2312 will be necessary. Not today...but at some point.
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To: Doug R who wrote (4083) | 11/1/2021 12:21:33 PM | From: RWS | | | That's helpful. I'm enjoying a sweet spot right now and wanted an estimate how long to hold. I have a bunch of calls on The List and a few bearish positions - puts on SPX and calls on VXX. |
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To: RWS who wrote (4084) | 11/2/2021 9:18:01 AM | From: Doug R | | | As you may notice, after the two lines cross it becomes a "scissors" situation. As you may recall from previous examples, a move over the two lines before the cross can get hairy to the upside. |
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