The golden years are over, the market is going to be in for a reckoning somewhere some how. Technical + bias on this play.
I use super trend to back my entries. I enter right off the pivot so the risk is minimal. I am going to use GUSH as the racehorse. Entry off pivot limits most the risk. 1 month is a buy too on top of it.
short long term if this pivot holds short long term if this pivot holds short long term if this pivot holds short long term if this pivot holds monthly close over the pivot and we sell the position.
I don't have much to go on but that is fine. I just use the trend pivot line to put my back against (like a stop loss) So the margin of loss is minimal if the trade fails. I call this area the position of maximum opportunity.
DIA daily went to a sell, waiting for price action to approach the P.O.M.O Position of maximum opportunity on DIA. With such a nice risk reward why not. My idea would be to play it via SDOW This short is riskier, Vix 1hr and 15min are R/R. DIA and SPY 1hrs went green. You just want to note the daily went to sell on DIA, waiting for it to retrace up to the pomo'y...
I just have a feeling we get 1980's dollar actions coming, My back is against the monthly buy pivot. Small Risk Large Reward.
The monthly is at P.O.M.O to the buy side. I will bet this monthly buy holds and right now the 1 hr is a buy, so I am going to target 103 on this first leg going up soon.
I suspect not too much upside. This indeed is a very brief description.
I am ready to short once VIX confirms buy going to a buy on the hourly.
I am still watching this for it to get back into the channel.
DOW is the leading indicator to me. Dow weekly looks like it is about to wane. When I suspect it breaks down out of the wedge.
You see, how can this not happen!? I am just filling the required character amount.
near term guess! I am trying to meer the criteria by adding in extra words.
clear as mud clear as mud , don't you see it? I think that this is the turning point, a new president could save us after Biden crashes the market for us millenials sake. I need a good recession to start putting the heavy hammer down on investments. Its like surfing but on a macro level.