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Ignore The Noise
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Ignore The Noise

by The MoleDecember 28, 2018

Since you guys are way too chatty this holiday season I have no choice but to post a comment cleaner. Alright, I’m kidding of course and quite frankly not commenting on the recent price action became increasingly difficult. So here’s my perspective on the recent week and where we are heading next.

First of all if you DID NOT ignore all the bearish news this week then you may already be paying dearly right now, effectively having given up much of your paper profits. During volatile periods like these it is crucial to remember Evil Speculator tenet #1, which is that the crowd is always wrong when it matters the most.

After all, by definition whatever everyone already KNOWS is not worth knowing, right? I actually went clickbait slumming earlier the week and ran into a ZeroHedge post ridiculing Trump who had come out and recommended everyone to BTFD. Which, albeit being news of course, should have given everyone great pause as he literally bet his entire presidency (and chances of re-election in 2020) onto this one call. Ballsy!

Just imagine what will happen if Trump is wrong and we crash from here (which may just happen – see below). It most likely would spell the death knell for his entire administration and render him a lame duck president for the remainder of his term. So you can bet that his announcement was preceded by quite a few phone calls to the right people.

What really stunned me most of all was how politically charged the responses were, and in particular that nobody seemed to remember what had transpired in 2009 when President Barack Obama basically made the same call. The rest of course is history.

Of course as always buying this dip was emotionally difficult as fear had gripped the market and continues to do so even now. This most certainly is one of the integral and most challenging aspects of trading a bear market: The most profitable actions are invariably the most difficult to take as they usually go against all our most innate human instincts.

Not helping matters of course was the impending government shutdown and that Trump was openly musing about firing Jerome ‘Kryptonite’ Powell, all of which was pure manna from heaven for the finely tuned MSM clickbait churning machine.

Completing this almost perfect storm was theย timing, which could not have been worse with many market participants on holiday during Christmas Eve, yours truly included. The stage had been set.

Utter political chaos combined with meager EOY participation during a high volatility market correction, if that isn’t a recipe for disaster then I frankly don’t know what is.

And the result? A 1000 point snap back on the Dow that basically ripped the bears’ faces off. The emotional impact? Well, let me put it this way: If you were holding short term puts through Wednesday morning, and that is what most retail bears did, then I sincerely hope you have generous amounts of vaseline on hand.

Now enough with the gloating, let’s talk technicals. First up the writing had already been on the wall as the 25th opened with an exhaustion gap lower, which quote often is the hallmark of an impending spike low and a bounce higher (see blue arrows on the daily SPX above).

What Next?

So where do we go next? Note that realized volatility remains expansive and that’s okay for a little while but if it continues then it spells bad news for the bulls. What we would want to see over the next week is a retest lower followed by RV normalization, which will make catching a SL easier for all of us.

The odds of this happening right now however are slim and once this rip slows down I will be on death watch with short positions at hand. Only a push > SPX 2600 throws the bulls a lifeline and at least as for now we are far away from reaching that threshold.

And if nothing else, just look at the current formation on a long term panel. Does it really look like as if we are casually rolling back into a bull market? The current bounce most likely represents nothing but a HV bounce during a bear market cycle. Nothing unusual about that and we talked about this possibility several times over the course of this month.

If we are lucky this bounce transitions us into the sideways churn from hell that will occupy most of the first quarter of 2014. Come to think of it, I’m not sure that this would be my preferred scenario.

And then there is this. What are you looking at above is my long term P&F on the SPX and there are good as well as bad news. The good news is a low pole reversal which offers the bulls the opportunity to avoid complete disaster over the next month of so.

The bad news is the bearish price objective which currently stands at (drum rolls) … SPX 1851. That’s a possibility and not a necessity but if the SPX drops through 2350 again then it will most likely become a high probability.

Bottom Line

If you are long enjoy the current ride but remain nimble and don’t get too greedy – I suggest you take partial profits after 3R and tighten your trail to -1R MFE, reducing that to -0.5 MFE after 4R . If you missed it then I would caution against chasing the tape higher.

If you are still short then you are in a world of hurt right now and what you do from here depends on your exposure and your long term perspective. Obviously the big picture still suggests we head lower eventually but you will have to be prepared for a lot of pain, which will be psychologically challenging.

My default recommendation to any short trader, which may sound moot right now, is that you should never even let it come to that. The proper way to trade a HV bear market is to continuously take profits on the way down and to increasingly tighten your trail after ~4R of profits.

That may all sound disappointing, but very few traders are able to nail 10R+ lottery tickets, let alone double their accounts in a matter of a week or two. Abandon these illusions once and for all if you want to assure that your account survives even the most modest bear market.


About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
Enjoyed this post? Consider a small donation to keep those evil deeds coming!

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  • http://gerb-reloaded.blogspot.com Gold_Gerb

    That is so funny! LOL.

    I was looking at Basset’s Wednesday. My family always had one, over 3 decades.

    For those who have no idea, LISTEN! he he.
    https://www.youtube.com/watch?v=ZYVfdKNSxIk
    -GG

  • https://evilspeculator.com Sir Mole III

    Hey guys – I upgraded to WP 5.0 this morning and just ran into a 503 error. If this happens to you as well then please comment below. Thanks in advance.

  • HD

    Bet his entire presidency on that 1 tweet? na…. Try the entire twitter feed. 10 asinine tweets a day on avg. But glad you are coming around to news driven market.

  • https://evilspeculator.com Sir Mole III

    Now you know how a fox feels.

  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    Interesting you see the Trump call that way. Because he constantly tweets about the market like here for example: https://twitter.com/realdonaldtrump/status/1052539788190986240

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • https://evilspeculator.com Sir Mole III

    Well, it’s the one tweet they could bury him with if it turns out to be a bad call. On the flip side, if we reach new all time highs again then 2020 is starting to look good for Trump.

    FWIW – please let’s keep political exchanges and baiting to a minimum here. We obviously have people from both sides of the camp here and there are many better places to bump heads over politics than on Evil Speculator.

  • HD

    Simple ZZ so far, nearly symmetrical. Trap set above Dec TL IMO. Don’t forget round numbers.
    https://uploads.disquscdn.com/images/2d245732c8239e3c96d3a70400e2a801494bcff37591429536255b68032a1d98.png

  • https://evilspeculator.com Sir Mole III

    it’s one thing to boast over stock market advances, it’s another to make a BTFD call during what looked like an impending crash scenario. But whatever – let’s stick with the charts and the tape. The rest are just opinion based musings – me of course included.

  • Edgy

    Anyone else notice that Nassim Taleb pointed out that Mr. T owned the bubble, but was ignoring the crash?

  • HD

    classic gaslighting – literally EVERY news outlet gave coverage to the 3 day rally. https://uploads.disquscdn.com/images/65c61452ddffa34605682ae57bb9c45db93d55753993881232c15d280899f042.png

  • https://evilspeculator.com Sir Mole III

    Well, it WAS the Obama economy until market stated crashing, right? ;0)

    Nassim isn’t tied to any political camp, he’s way too smart for that. And of course he’s right. If you own the advance you also own the crash.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    make a few calls.

    Yes, I’ve always been interested in Network. Social Diagrams.
    check this OUT. Trump may not know, but I’m certain he has friends, or friends of friends. WHO KNOW. Goldman Sacs ๐Ÿ˜‰

    https://medium.com/graph-commons/the-trump-network-8610c92035fb

    https://uploads.disquscdn.com/images/8b6bb2b2029b59c4064ad8db49e98c3a3b9aa9ad3cbf3e0585995ce3e1bb23aa.png

  • https://evilspeculator.com Sir Mole III

    I leave you guys to it. Everyone try not to piss anyone off please. Not worth it and I would prefer to see more charts!

  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    That tweet is about Oct 16th and was recently the worst timing to get bullish.

  • HD

    I’m not sure that’s accurate? When did the market crash under O? It was ATH’s when he left?

  • https://evilspeculator.com Sir Mole III

    I corrected to ‘everyone try not to piss anyone off please’ – this applies to everyone here. Let’s be nice to each other and keep things productive.

  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    On the technical side I fully agree. Will get hard to conquer the volume hole and new sideways balance below most likely.

  • https://evilspeculator.com Sir Mole III

    Yes, exactly. And it continued higher under Trump. Presidents do not drive stock markets, it’s the perception of participants that does.

  • HD

    I strongly disagree but no need to hash it all out again. If a 16% crash from one POTUS comment didn’t convince you

  • ridingwaves

    I think Mole missed the obvious trigger before Trump’s bold call, Munchin calling the banks about liquidity beforehand was the trigger, Trump pulled it after ….

  • Edgy

    https://t.co/YHcPsCt5OQ#blackswanman #theblackswanman @realDonaldTrump @POTUS pic.twitter.com/8w3ZhyxkXB— The Black Swan Man (@black_swan_man) October 12, 2018

    Sorry, didn’t want to start a political discussion. ACTUALLY, what happened is Nassim Taleb “Retweeted” this tweet by The Black Swan Man. But isn’t it interesting those two are never seen together?

  • https://evilspeculator.com Sir Mole III

    Yes, I saw that – forgot to mention it.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    It was definitely a milestone. I’m just very happy, my head wasn’t handed to me, over the last several months. “Trading the tape, fade the news” is the best damn things Mole ever taught me. and so I will forever be in debt to Captain Mole!
    “Part of the Ship, Part of the crew”
    -GG

  • Ronebadger

    Don’t forget about yesterday’s VIX Buy SIgnal…so that’s now part of the puzzle…

  • Jason13

    I can attest to that wise advice Mole doled out this morning. My early years was marred by reading way too much of the noise (bouncing from trying to be smart ass contrarian to emotional non contrarian). Killed me. Now, its just the tape, the technicals and now Zero…which is really helping me hunt my entries like a sniper instead of a redneck with a shotgun and a bottle of moonshine. Great week for me thus far. In the words of the immortal Quiet Riot, โ€œCome on, ignore the noise!!!โ€. Thanks +1.

  • ridingwaves

    yep, Mole’s place is trading nirvana…..
    The economy is running on all cylinders much to the demise of some posters here….I will be so busy next year that will post sparingly…
    Todays Chicago PMI reading confirms it….This is the best economic conditions of the last 20 years….time to make a lot of money on the only place in the world that is going bat crazy on growth….

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I hope you are correct.
    Unemployment is at crazy loww. That’s usually the end. And then a recession shows up.

  • ridingwaves

    I’m betting on it…:)
    Every friend I have is balls to the walls, from a Machine shop getting 2 years of work in one week, to hot money fintech changing how people utilize finance…there are weak spots in old tech and industrial but they are just being ran over by the new industries..

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Ye Shall Be Called …..
    VIXBadger.
    Riiiiiiise

  • https://evilspeculator.com Sir Mole III
  • Edgy

    “Nassim isn’t tied to any political camp…” That’s one of the biggest reasons I like his work.

  • HD

    Sweet! glad to hear that. What biz are you in?

  • TimeToPanic

    Not to be a party pooper, and I admire Trump very much as President, but is it U6 or U16, do many just dropped off the unemployed list. Plus, tax receipts are down, Fed borrowing is up. Inflation pressures heading up due to cold/dry weather cycle. So enjoy the good times I’m the US.

    In other news, signs of life from the laptop. A literal green light has appeared. Hurrah.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I thought you were just into weight lifters. A Scott groupie.
    ๐Ÿ˜‰

    https://steemitimages.com/DQmcs7BHoEvji4FgP7n2hASZ84A58KWbMYd5rVmXNsTC6qF/taleb_500.jpg

  • ridingwaves

    SAAS

  • Jason13

    We overcome VWAP (2492) and the 20 EMA on the 5 min and weโ€™re off to the races again. Zero will confirm too.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    mini-Brishort. I like it.
    ๐Ÿ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    (for the normal people)

    “SaaS is one of three main categories of cloud computing, alongside infrastructure as a service (IaaS) and platform as a service (PaaS).”

  • https://evilspeculator.com Sir Mole III

    Plus we are heading into a solar minimum.

  • ridingwaves

    UNG Bid at 26.70 is placed

  • ridingwaves

    https://volcano.si.edu/reports_weekly.cfm
    watching norther hemi for the fuel to power the SM…

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    27.18 (*cough cough*)
    RSI 48 on the weekly, you may not get filled.
    https://stockcharts.com/h-sc/ui?s=UNG&p=W&yr=1&mn=6&dy=0&id=p6080178440c

    “Rogue Waves?….we don’t need no stinkin rogue waves”

  • ridingwaves

    your daily chart has 26 and change….close the gap…..NG has closed it….UNG not so..

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Jason13

    A recent profit pattern/trend in the 30 yr. Buy it at the end of the US session after they kill it. https://uploads.disquscdn.com/images/702a0fcef5498aee9f59458b436f8c7f8e1e3a969186652df83c752f5b7e954e.jpg

  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    tldr: “We are in a big, fat, ugly bubble.” First presidential debate, TV.

  • https://evilspeculator.com Sir Mole III

    No wonder crypto keeps taking it up the ass:

    https://twitter.com/TuurDemeester/status/1078695635853938688

    The people who are leading it are glorified tech nerds who view themselves as gurus of a global monetary revolution.

  • TimeToPanic

    Grand super solar apparently. 300 years being frosty.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    There were inventors of the auto mobile.
    but it was Henry Ford that made it possible to the common man.

    The geeks invented crypto, but it’s the guy who makes it accessible, Wins.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’d like to see more squeeze.
    but not today, or even Monday?

    https://uploads.disquscdn.com/images/bc3ac33b8ce65226fabffd36869193c0a6616e44ab2f4b463c906d86c4806588.png
    December was quite the trip, I’m looking for HWB, and a test of ~2600 Level.

  • Julie 35 – 25 – 36

    SPX Taking profits OUT per post last night … Not shorting yet . Holding bonds short. Closing greenback short break even
    JULIE

  • Julie 35 – 25 – 36

    Chief Your post today …. Dead On Chief ! My husband pounded same advice into my “Head” over and over about tuning out the noise ! Huge ear ache …. Thanks Chief !
    JULIE

  • zzezzezz

    100% cash. Might scalp a bit if it feels right, but won’t hold anything.

  • Julie 35 – 25 – 36

    Last night posted two targets above yesterday’s close 2506 and 2519 … 2508 actual today Be careful Bulls
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    such a nervous nellie. Can’t you smell the theta burn of the bear puts?
    ๐Ÿ˜‰

  • TimeToPanic

    I banked 164 whole pounds on my put option. Glad I got out, think we may spike again, fool all the bulls, then crash again starting in the futures on Sunday.

  • Julie 35 – 25 – 36

    GG Just reading the tape and tuning out the noise. Bear Market rules apply GG
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    yes. Bear Market rules. up moves are most vicious. Muwahaha.

    Don’t forget that Jan effect I was talking about.

    https://www.marketwatch.com/story/how-the-january-effect-in-stocks-can-help-you-pocket-quick-gains-2017-01-03

  • ridingwaves

    PMI reading says bulls are in good position to further the gains…

  • Julie 35 – 25 – 36

    Jan effect applies to Bull Markets Different game now GG
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    When it comes to options…there’s quick & there’s dead.

    Better lucky than good. ๐Ÿ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    such a wet blanket today. who pee’d in your green beans, Coug?

  • TimeToPanic

    Yes, I learned that lesson the hard way in 2010.

  • ridingwaves

    most likely will play out opposite this year, expect a good quarter….perhaps we get the first sell in may in 10 years…

  • https://evilspeculator.com Sir Mole III

    Your husband keeps me closely updated ๐Ÿ˜‰

  • https://evilspeculator.com Sir Mole III

    The guys who stop re-inventing it every two months and continue to fork will make it work.

  • Julie 35 – 25 – 36

    RW A gap up that is sold into esp closing below it’s open is not healthy price action in a down trend
    JULIE

  • ridingwaves

    at the end of the year, you have to throw that out of equation….its rubbish time

  • Julie 35 – 25 – 36

    SPX if it does continue upward … Watch 2573 and 2579 … Julie playing it safe right now. .. On sidelines SPX … May re enter next week or even short
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    It’s Friday. It’s a ramp-n-camp.
    or should I say “rat camp”?

    Off to lunch! May not return.

    https://uploads.disquscdn.com/images/ebc15f31c3a669eba779ae6b1e88d2f49d1e29f7d9b6b4dbe7ad191d865d36e5.png

  • Julie 35 – 25 – 36

    Happy New Year GG ! Ye shall return … Like the sun rising every day !
    JULIE

  • Mark Shinnick

    GS a nice pop, things could go hot anytime. “smell the theta burn”… nice.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • ridingwaves
  • https://evilspeculator.com Sir Mole III

    Thus far the Zero sig is looking positive. We need a pop into the close though:

    https://uploads.disquscdn.com/images/85fb9d240b108bbd6f360a05886103bd18cb1efcab7f82676541bc3154defc1f.png

  • https://evilspeculator.com Sir Mole III

    Cash IS a position.

  • Julie 35 – 25 – 36

    SPX Again keep 2519 on your radar above 2506
    JULIE

  • Julie 35 – 25 – 36

    Chief Many times Cash is a very smart position Also NIBBLES ( very small probe) long or short can be beneficial as to keeping your head in the game
    JULIE

  • TimeToPanic

    Anyone else getting a feeling of deja vue? Weird tape again today, like the minor skirmishes before an epic slaughter. Of bulls. Heh.

  • TimeToPanic

    Also, Dow is underperforming Rut, perhaps the big boys are selling, dumb money buying the small each stocks?

  • Julie 35 – 25 – 36

    TTP Reading the tape .. Yesterday selling that was reversed intraday. Hmm ! Bears making there presence . Today A gap up sold into and now some hesitation. … Hmmm ! Spells caution warranted
    JULIE

  • Mark Shinnick

    Those feelings still-fresh are the most-easily triggered at the wrong times.

  • https://evilspeculator.com Sir Mole III

    The fact that buying comes in quick surges does not bode well for the bulls I have to say. This is what happens during snap backs during bear markets. We want to start seeing normalization and thus far there are no indications that we are getting closer.

  • Julie 35 – 25 – 36

    Chief Checkout the Bollinger Bands on $VIX They have not exactly contracted
    JULIE

  • Julie 35 – 25 – 36
  • TimeToPanic

    I’d rather see another 15% come off first, then normalisation.

  • ridingwaves

    its just mmanagers trying to get in and out of mispriced assets….year end is not a good time to even play indexes….

  • evilasevildoes

    love fib arcs

  • Julie 35 – 25 – 36

    When they meet target levels and are overbought or oversold .. Deadly EV .. EV Happy New Year !
    JULIE

  • Edgy

    I don’t hate the guy, but I love how his own words keep getting used against him. Political theater is more amusing if you’re not emotionally tied.

  • Julie 35 – 25 – 36

    Guys Going to point something important out. A parallel channel drawn from Wednesday’s low . A decline Now (2506 level posted .. 2506 is going to be tough) will intersect approx 2433 which 2433 is another level that I posted previously. NOW 2519 Is a retracement on chart posted below OK Now 2519 will intersect upper trend line of the channel Everyone Happy New Year ! Julie over and out ! Be safe this weekend
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • evilasevildoes

    Happy New Year Everyone!

  • Mark Shinnick
  • Julie 35 – 25 – 36

    SPY Volume typical of Bear Market volume i.e. selling volume greater and increasing on declines and buying volume less and decreasing on advances. Always observe volume patterns in a Bear Market Huge clue … Also advances in a bear market are usually 3 -4 days except for the occasional strong rally in a bear market which is a curve ball enticing people to believe the Bear is over
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    It’s all good. Daddy got a new credit card. We’re in the clear.
    ๐Ÿ™‚
    https://uploads.disquscdn.com/images/118a7a0c6907ea8f0b17a802d270131ee1d148267e3146ca9e8ffe1086aae11b.png
    edit: whether we clear the all-time high or not?, let’s not worry about that.

  • Julie 35 – 25 – 36

    SPX From December 3 the 60 min 89 ema has held all advances. 60 min 89 ema approx 2522 close to 2519 and upper channel. 60 and 10 min charts overbought Daily approaching short term overbought Getting ready to possibly short
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    could I interest you in a DeutcheBank long?
    there’s a gap needed closing. it’s FREE MONEY.
    ๐Ÿ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    are you Man enough to take it?
    LOL.

  • Julie 35 – 25 – 36

    Closing Bond short for basically BE … Made lunch money
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    whew. now you can throw that wet blanket into the dryer.
    ๐Ÿ˜‰

  • Julie 35 – 25 – 36

    Hi GG Have not even looked at DB this week LOL!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    well BAC matches SPX, I mean, that’s a given.

  • ridingwaves

    LABU nice 30%+ push since bottom….mentd that biotech is selling at 11.9 fwrd pe…

  • Julie 35 – 25 – 36

    BAC Big Dog and leads $BKX
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    God loves man, man loves woman, woman loves children, children love basset’s.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    you too? Dam U Markkkkkk!
    ๐Ÿ˜‰

  • Mark Shinnick

    Friggin today calls cranking.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    it’s a 3X, so under-performing (sarc)

    wait?….CALLS!?

  • Julie 35 – 25 – 36

    GG You forgot diamonds … Woman’s best friend. Dogs man’s best friend LOL ! I do not care about jewelry just a wedding ring is all I wear
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    don’t tell me, Platinum?
    LOL.

  • Mark Shinnick

    Odds are we get another shot.

  • Julie 35 – 25 – 36

    How did you guess ! LOL! Good Grief !
    JULIE

  • Julie 35 – 25 – 36

    SPX Nibbling short .. Just a probe
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    the nervous kitty is nibbling, how CUTE.

    you should have nibbled back at lunch.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    that’s easy. Platinum attracts bears. Especially Grizzlies.
    ๐Ÿ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’ve got a hot tip on a stock.

    JCP. Don’t laugh. $1.02 and climbing.
    ๐Ÿ˜€

  • Julie 35 – 25 – 36

    YUP GG !
    JULIE

  • Julie 35 – 25 – 36

    GG Thinking about Sears myself ! LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Rumor is Cramer is thinking about retiring.
    I could fill the shoes. Boo-Yah.

  • Julie 35 – 25 – 36

    GG Now that is a question for the late Walter Cronkite .. Walter was great !
    JULIE

  • Julie 35 – 25 – 36

    Anyone joining me short SPX ?
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    He was ok. You’re a few years older than me, so I barely remember.
    ๐Ÿ˜‰

  • Julie 35 – 25 – 36

    Nailed the top GG
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    if you had nibbled at lunch, you’d be stopped out by now.
    eating a tuna-on-toast.
    ๐Ÿ˜‰

  • Julie 35 – 25 – 36

    I love tuna on rye … Also egg salad on rye
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Can’t. Year end/Month end/Quarter end/Week end.

  • Julie 35 – 25 – 36

    Cmon GG A Nibble ?
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    {blush}

  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    Just closed near VWAP. Only daytrades. But looks juicy for a larger swing down.

    Weekend now and on vacation next week.

  • TimeToPanic

    Might buy some puts near the close Julie, think we’re nearly there. Will assess Monday when I can place trades in my main account, UK hours only. I think you’ll be proven right by the market.

  • Julie 35 – 25 – 36

    X … Have a Great Vacation
    JULIE

  • https://www.youtube.com/playlist?list=PLEx52bnnbLmh2dnV_Vyq1ErXT79LSU6pT xenoson

    Thanks. Have fun with this crazy market.

  • Ted

    I’m pulling for you!

  • Julie 35 – 25 – 36

    Ted Have A Happy New Year !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    GG I love being the Lone Cougar Everyone on one side of the boat thinking SPX going higher. I posted all my reasons and charts.Everything from the 60 min 89 ema to volume pattern.I know why i am making the trade and that is never wrong. Only wrong if you do not know why
    JULIE

  • TimeToPanic

    Spx looks like a rising wedge, albeit no pc still. Methinks it’ll hold wedge support, and one more little wave up to the peak. Hopefully that’ll be Monday. I assume markets are open on Monday.

  • Julie 35 – 25 – 36

    GG Plan the trade and trade the plan
    JULIE

  • TimeToPanic

    I’m still with you on the short term bearish side Julie.

  • TimeToPanic

    Odd that R2K is showing big divergences with the large caps.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    You weren’t around when Scott was talking systems.

    Something called expectancy and win rates. You should look it up.
    There’s a flaw in your reasoning. But Grizz has your back, so no problemo.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Time check.

    Beer Time.

  • evilasevildoes

    longed and shorted ndx just watching have duck tape on my wrists strapped to chair

  • Julie 35 – 25 – 36

    GG There is no system or Holy Grail. It’s about resistance – support – trend lines – volume
    JULIE

  • maxcherry

    me

  • TimeToPanic

    I bought back the same puts.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I found the next best thing.
    The Holy Shotglass!

  • Julie 35 – 25 – 36

    Happy New year Max
    JULIE

  • HD

    good eyes Julie, Right at the EW symmetry noted this AM. Quants are still trying to figure out what ratio caught it….https://uploads.disquscdn.com/images/1cddf6917eb22628e59e3f67fa5d20b387500ddf6206e7bc09a23a412f319cf1.png

  • Julie 35 – 25 – 36

    Make that wine glass !
    JULIE

  • maxcherry

    same to you

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Jesus hung out with sinners. He knew all about partying.
    he he he.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    see Coug, I told you he had it all figured out.

  • Julie 35 – 25 – 36

    EV happy New Year !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    What do you hear when Mole goes on vacation to an Atlantic Island?

    The plan! The plan!

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Sound like Black widow in Avengers.

    I think that’s the longest sentence you’ve compiled to date.
    ๐Ÿ˜‰

  • HD

    SPX if you sold round numbers you had 25, symmetry 40. There was a rally all day too. Staying neutral. I’d like to see a 2300 hit but can’t rule our 2632 first. Should be a great start in 2019. 2018 was dominated by sellers, will close negative.

  • TimeToPanic

    And yet no capital letters OR punctuation. Standards are slipping.

  • HD

    he he. I don’t know why they hit symmetry, I just know they do.

  • Julie 35 – 25 – 36

    HD A perfect channel too
    JULIE

  • HD

    .382 retracement too. If you’re into crazy things like fibonacci ๐Ÿ™‚

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’m thinking she’s a hot bot.
    ๐Ÿ˜‰

  • HD

    That was one of the most interesting months I have seen. The news, the charts, oil.
    Gotta get it while you can. The 10 handle rally days on VIX 9 will come back and we’ll all be starving for volatility soon enough.

    HAGWE

  • http://www.linkedin.com/in/sharondsessions/ Sharon

    Happy weekend to all. Whew. I need a rest.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    That’s why Bro’s always say about symmetrical girls.
    “I’d hit that”.
    LOL

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    watch those plants. going to get into Freezing next week. (Dallas)

  • Ted

    Happy New Year! I’m finished with this one. Looking forward to next as my Daughter is getting married in April.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Ramp-n-Camp FTW.

  • Ted

    LMAO

  • Julie 35 – 25 – 36

    HD I pointed that out in a chart below 2519 meeting an upper channel ; 60 min 89 ema — I posted 2506 and 2519 as levels to watch. I knew 2506 was going to be tough and it was. Previous day.s price action too i.e. reading the tape. Then today a gap up being sold into then hesitation followed by a failure at 2520 — Just one point off HD In a Bear Market overbought conditions are important to monitor. SPX now short term overbought and 60 min and 10 min charts were overbought Happy New Year HD
    JULIE

  • TimeToPanic

    Usual suspects it seems. I’m in good company. Need the futs to not collapse before Monday.

  • Julie 35 – 25 – 36

    Happy New year Sharon.. What a week ! Christmas and all
    JULIE

  • http://www.linkedin.com/in/sharondsessions/ Sharon

    yes, i am preparing to hibernate from now until Spring.BUS travel in winter is NO fun. Having groc delivered now. don’t need to get out for much else. nice TV, internet. don’t need to travel anywhere. YAY

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Excellent. We need someone to watch the Zero.
    Mole’s been slipping lately, and it always talking about ‘the gym, the gym’.
    ๐Ÿ˜‰

  • http://www.linkedin.com/in/sharondsessions/ Sharon

    my new health insurance starting Jan 1st gives me access to certain gyms as a senior, but March will be just fine to start that. I like swimming the best.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Cool. Trolling the pools for eligible widow men? I shall call you Cougar2.
    he he he.

  • evilasevildoes

    so busy trading lol Have a Wonderful New Years Everyone !!!!!

  • evilasevildoes

    I wish….

  • evilasevildoes

    Same to you sistah!

  • http://www.linkedin.com/in/sharondsessions/ Sharon

    I like that idea. thanks

  • http://www.linkedin.com/in/sharondsessions/ Sharon

    Happy New Year to you and hubby. I used to go skiing every winter when I lived in San Francisco up to Mt Rose I believe was the name. 1987 to 1998 and then back to Texas until 2013 when I moved to Virginia Beach. And now back in Dallas this summer in August. Big Hugs.

  • https://evilspeculator.com Sir Mole III

    Ladies and leeches: You have a choice. Visit here, improve yourself, put in the work, and have a snowball chance of surviving the next trading year.

    Or listen to these guys:

    https://content.screencast.com/users/evilspeculator/folders/Jing/media/85f9d69f-8941-4b8d-abe9-2d50ba16bd1b/00022287.png

    Up to you ๐Ÿ˜‰

  • TimeToPanic
  • evilasevildoes

    Moles correct

    Check out Martin Armstrongs site ASk Socrates…thereare Economic cycles and Business Cycles only thing that relates to a Presudent is the voting cycle…Fed runs the tables and Big Money.. read WD Gann while you are at it

  • https://evilspeculator.com Sir Mole III
  • https://evilspeculator.com Sir Mole III

    Don’t you think this will take some time to reverberate into equities?

  • TimeToPanic

    I think there’s a risk of a large drop in equities imminently, into mid-January. Still way too much complacency.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    you’re really going all out. Putting out the fine china for NewYear’s.
    +1

  • Ted

    BOOM!

  • Ted

    Happy New Year All. Very Important Note – the aud/jpy and the usd/jpy did not confirm the rally. They are basically back down to the level of Christmas Eve.

  • TimeToPanic

    Bradley turn date have been hot in 2018. There’s a big date upcoming. I think that’ll be the bottom, for a good rally into the Spring at least. https://uploads.disquscdn.com/images/c9f432ac82edfcc24784a5e83b5f1a8106dacd4ba94fac0ce96e2d8681229e03.jpg

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ..that’s good for GOLD, right? RIGHT!?
    ;-D

    https://uploads.disquscdn.com/images/0f22190b174339e83eee54357cfe50d9854621d1e90d0e36a87d7fb99e2b0286.png

    LONG LIVE the BARBARIC METAL!!!

    Where is Yoda? I need a hug!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ..are you zoomed in, too close to your charts?
    does a 5 minute move looking exciting?

    The brain is a funny thing.
    https://www.sciencealert.com/this-freaky-video-of-the-moon-coming-down-to-earth-is-totally-real

  • Julie 35 – 25 – 36

    GG UUP dumps below daily 55 ema with momentum and above average selling volume It’s a shortsky !
    JULIE

  • Julie 35 – 25 – 36

    The levels are lining up like would not believe … Love it. Will compute levels JPM over the weekend and News years
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Julie, check this out.

    price is trying to get back inside my envelopes.

    https://uploads.disquscdn.com/images/0e3027c18acf8ff878564c66efebeb7a0d69819d88efa21a56ca9427d0fe27d4.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    additionally, if they don’t.
    well, your bear story is ON.

    edit: the 233 envelope (larger) still remains.

  • Julie 35 – 25 – 36

    I see it GG .. A basic tenet with Bear Markets is overbought expect another leg down. Oversold in Bear Market expect advances to be minimal as the foundation is thin ice. Bearish patterns almost always play out and bullish patterns in a bear market will usually not play out to their potential
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    But come on, wouldn’t you agree that these drops are rather steep?
    true bear markets should grind slower downhill!

  • Julie 35 – 25 – 36

    Not the recognition phase GG which is occurring now
    JULIE

  • Julie 35 – 25 – 36

    GG If a decline occurs As I stated watch 2452 and 2433. 2433 level will break below the lower channel trend line
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    uh ….ok…. Everyone’s recognizing it. except for my coworkers, ostriches, the lot of them.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    HWB or 2425. a secondary low then?

  • Julie 35 – 25 – 36

    Yes GG 2422 is a level
    JULIE

  • Julie 35 – 25 – 36

    GG What is great is your envelopes match my levels within a point or two. Unreal GG We can navigate the entire Bear. Small positions add up GG .. Always small positions in a Bear (husband’s notes)
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    thanks. golden nugget info. How’d he get more Info than me?
    hee hee.

    I looked up my silly setup from many days ago. It’s still working.
    no entry signal long yet!! edit: (today was close)

    https://uploads.disquscdn.com/images/42f8d5923f61cbc47156b14c9ade8b63a39d1b5d8f8ca9bdf7a63c186f95b754.png

  • Julie 35 – 25 – 36

    As Stated previously the real level is the monthly 55 ema around 2319. The weekly 233 ema approx 2328 and a level exists 2325. That is where IMO A strong rally will occur
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Since you are sooooo bearish, I cooked up a DOW chart.
    what do you think?

    https://stockcharts.com/h-sc/ui?s=%24INDU&p=W&yr=2&mn=0&dy=0&id=p0306013783c

    edit: 3 of 4 section bands completed. one more (leg down) to go.

  • Julie 35 – 25 – 36
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    it’s been 49 weeks. when you get the raff regression level.
    the known cycle however is around 56 or 57.

    we’ve got 6-8 weeks to go!?

  • Julie 35 – 25 – 36

    GG The rally from Wednesday is short covering … easily; discerned by SPY volume and tape reading. Thursday the intraday reversal as stated Bears present and today not bullish esp the morning gap up sold into and then hesitation. No follow thru always means short covering
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    yes, I know it’s short covering. I’m not *that* blonde.
    I’m just trying to figure out if we go into a pennant, or something else.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I may have to delete this one. Subscriber worthy kind of info!

  • Julie 35 – 25 – 36

    There could be a consolidation BUT that would mean lower
    JULIE

  • Julie 35 – 25 – 36

    Yeah GG Also there is match Fib time zones
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    huh? show me.

  • Julie 35 – 25 – 36

    Give me some time GG .. Coming up
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    gold up, dolla down B!tchez.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    green beans, ah yeah – my bad.

  • Julie 35 – 25 – 36
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    thanks, but I don’t see how it’s ‘working’.

  • Julie 35 – 25 – 36

    GG That confluence is tough resistance
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    yes, these aren’t 20 days averages, they are 55 and higher.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    like I said – “equal time up , equal time down”

  • Julie 35 – 25 – 36

    GG … STOCHS 39,1 work extremely well with intermediate and long term tops and bottoms esp weekly OK https://uploads.disquscdn.com/images/8064dc8790bc4736846dcd555bf76677c2c21d1dfb4d8c765b6c89013e370ca8.png we are there but still IMO going down to the weekly 233 ema then a nice tradable rally JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    should we be posting this quality stuff? I dunno.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Does mole have a back office?
    LOL

  • Julie 35 – 25 – 36

    I dunno either .. Leave it up to you to delete GG .. Maybe we better too many lurkers GG .. The adage you tell 6 people then ypu have told the world . GG I vote delete
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ok. delete.

    one more question:

    Do you think the 10 50 weekly crossover is a ‘done deal’?

    https://www.stockcharts.com/h-sc/ui?s=%24SPX&p=W&yr=1&mn=0&dy=0&id=p99596983019

  • Julie 35 – 25 – 36

    Yes it is GG ! I have added to it with other indicators weekly confirming Can you delete everything being a moderator ? Go ahead GG
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Cool. Thanks.

    Enjoy your snowy weekend.
    ..I can feel it from HERE.
    Mrs. Gerb turned the heat up to 72.

  • Julie 35 – 25 – 36

    GG $BKX .. Will delete .. Too much info with fib exp moving averages Work on all time frames JULIE https://uploads.disquscdn.com/images/e0639874257b293884a2271e9fb46ed8c7d4ed95eab8cab2d900b832ffd7ba9e.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    March 19th, a date to watch for.

    The ~duration of down was 60 trading days.
    In 60 more, be alert.
    Bulls see up, Bears see down – speculate away.
    -GG

    https://uploads.disquscdn.com/images/a3ba09ca17d32a2007709895d04ea648db2d223243b5f3968b6424b166b4550f.png

  • Julie 35 – 25 – 36

    Great chart GG
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Check this out.

    March 19?…..is FOMC Day
    https://us.econoday.com/byshoweventfull.asp?fid=497073&cust=us
    Muwahahaha.

  • Julie 35 – 25 – 36

    I see it GG .. Good one GG
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I feel like Morpheus. keys to the kingdom.
    now, for that pile of money.
    ๐Ÿ˜‰

    Have a good one.

  • Julie 35 – 25 – 36

    You too GG !
    JULIE

  • supervilin

    Thanks for the special post Mole! So far i does not look like a bottom, so I will be looking at the short side. Bonds are still going up, as well as JPY, Gold. VIX remains elevated. As if money is flowing to risk off side prior to some event. It does not look like middle east troubles, since oil is just sitting there. Early January will be interesting..

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Julie says the Bear may come back.
    She may be, right!

    Found this totally by accident tonight. I swear it!
    (must be fate)
    https://www.youtube.com/watch?v=SOQAhKrOOww

  • https://evilspeculator.com Sir Mole III

    You welcome! It’s tough for me to stay away ๐Ÿ˜‰

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Energy Fans,
    Reminder – XLE may be looking at a low anytime now.
    These cycles are almost as big as my tail.

    53.36 was the low last week. Genius, geniuis!
    Ignore the news. RW bidding on Natty is also a sign. LOL.

    older chart.
    https://uploads.disquscdn.com/images/ba2c0b125dd34d9f800bc72313e19dddf71ee7daf94393cf4cc943c605619e6a.png

  • TimeToPanic

    PC is back up and running, seems fine now.

    Just saw this:

    https://pbs.twimg.com/media/DvkdpKFXgAAK7WU.jpg

  • TimeToPanic

    I’m no expert chartist, but this IS a massive head & shoulders pattern, and if we get a little pop on Monday, the neckline will be retested, with the target noted down below, quite a long way down:

    https://uploads.disquscdn.com/images/b682a756c4f47d8ddde552468d4e272535c94c369165ae493d3a6dd77f233c20.png

    However, even if that sort of plunge happens, it’ll merel reconnect NQ witth the rising trendline off the 2009 lows. I am seriously considering placing a bet via QQQ puts, short-dated, and strike about 10% below current levels.

  • Julie 35 – 25 – 36

    Hi GG XLE approaching short term overbought. You can observe the importance of the 34 and 5 ema’s in the decline. XLE now up into it’s 8 ema and mid Raff Regression channel. The advance from Wednesday appears to be a corrective 3 waves …. Could go higher .. Bulls be careful XLE JULIE https://uploads.disquscdn.com/images/4231b3fe1c3fa076281b436d1a2ecb08451703c1cb16219f986354e39a66235c.png

  • Julie 35 – 25 – 36

    They are doing everything they can to talk the market up. Trump saying progress being made with China after XI call. They are experts at talking the market up
    JULIE

  • Julie 35 – 25 – 36

    DB Resistance @ 8.15 May take a swing above 8.15 on the 30 min chart. Positive divergences weekly chart. Daily MACD coiling and some wiggle room daily chart before becoming short term https://uploads.disquscdn.com/images/697aeb6cff9397ff41282e0e06f2037b0c377abc7a39f73b5ad157f56f972ceb.png overbought. Target the declining 21 ema meeting trend lines Just a “Quickie” Guys LOL! JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Platinum sub $800.
    all the girls in MT are switching to white gold.
    ๐Ÿ˜‰
    https://stockcharts.com/h-sc/ui?s=%24PLAT%3A%24GOLD&p=D&yr=1&mn=0&dy=0&id=p5105718590c

  • Julie 35 – 25 – 36

    GG They are using their husband’s and boyfriend’s credit cards buying all they can ! Ring it up .. Please !
    JULIE

  • Julie 35 – 25 – 36

    GG A rising $TED spread and rising $LIBOR 3 is a headwing for world markets. This was pointed out several months ago and our Chief concurred. The Chief watches the two also
    JULIE

  • evilasevildoes
  • evilasevildoes

    links up with mine

  • evilasevildoes

    could also see major issues with piling on of a vix trade and market goes other way

  • TimeToPanic

    Weekly look at MTUM, a fund Julie shared a little while ago.
    Looks like a textbook H&S.
    Weekly RSI looks sickly, but not oversold at all.

    If you take wave one (head to neckline) as 19 points x 1.618 = 30.7.
    Take the start of the current wave down at 112 minus 31 = 81, same target as the H&S target, and near the 0.618 fib I drew off the 2014 basing level.

    https://uploads.disquscdn.com/images/6a9aea19678316fd6de84c20a44c93867d4ade8c711d7856bc96ac1163db797d.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    MTUM can go pound sand, for a good while.

    just look at those moving averages roll over.
    Bear recognition? Check!
    https://uploads.disquscdn.com/images/80853bea543dae9c3ff07b0e9bbf94e3cfb90ade295dfa532e801f0acd171008.png

  • Julie 35 – 25 – 36

    TTP GG and EV $XVG needs to outperform the $SPX. Since mid June $XVG https://uploads.disquscdn.com/images/901c4d2033953bd4f62642c3727c762254ad9dfeda2c717b1ecb50938c223356.png began under performing $SPX. That was our signal things were going to get ugly in addition to my Yield Curve Exit indicator that I presented JULIE

  • Julie 35 – 25 – 36

    Nice chart TTP
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    +1
    I thought HYG was smart. XVG started several weeks before HYG.

    XVG is my new leading (canary) indicator.
    5 to 8 days lead, not much – just a little before HYG caught up.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    GG You be cookin… with gas now !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    in a few months, if the bear remains. XVG will give us canary clues!

    edit: I wonder if you put 5emas on all three, you could hide the price and just follow the averages? when the averages ribbon twisted, you would ‘just know’.

  • Julie 35 – 25 – 36

    Yup GG !
    JULIE

  • Julie 35 – 25 – 36

    More platinum … Please ! LOL!
    JULIE

  • Julie 35 – 25 – 36

    GG We must watch the credit markets too People do not have the credit markets on their radar as they should. Our Chief is hip to the credit markets …He knows to follow
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Julie,
    I didn’t know you were a cougar movie star.

    (for the dog lovers)
    https://www.youtube.com/watch?v=1pKdCHvH310

  • Julie 35 – 25 – 36

    GG Also .. The Banks … The Banks .. The Banks…. Our Chief knows this too !
    JULIE

  • evilasevildoes
  • evilasevildoes

    monthly chart for unemployment rate ROC catches tops and bottoms on top of chart

    and a simple 9 and 5 SA

    PPO indicator

    it is delayed by a month

    https://uploads.disquscdn.com/images/8807991d592235d30d8888327ea0352a360154a26006547f49a3e0e8ba9e2866.png

  • evilasevildoes
  • evilasevildoes

    not perfect but pretty good job of catching Roc fell below Zero when unemployment started falling but seeing a little divergence on PPO however this Is November

  • evilasevildoes

    starting to dip might want to monitor

  • evilasevildoes
  • evilasevildoes

    dipping a bit

  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • evilasevildoes

    tonight

  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • evilasevildoes

    we tagged 200 ma weekly

  • evilasevildoes
  • evilasevildoes

    going to be interesting to see where herd exits

  • Julie 35 – 25 – 36

    Hi EV … Weekly 233 ema approx 2328 I have a level 2325 Monthly 55 ema 2319
    JULIE

  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • evilasevildoes

    tonight so far es top ticked 2526

  • evilasevildoes
  • Julie 35 – 25 – 36

    EV I have a very important level 2530. NOW the way they have traded 12 – 15 pts . If 15 pts at opening bell would be approx 2485 + 15 = 2500 Now a level is at 2506 which was very tough Friday. If it opens approx 2506 it might be a gap and crap.Gap ups have been sold into.
    JULIE

  • Julie 35 – 25 – 36

    Miss type 2485 + 15 = 2500
    JULIE

  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • evilasevildoes
  • TimeToPanic

    Morning all.

    So I took a short on NQ this afternoon (UK time), at 6369. Our market closed at 12.30, so no chance to see what happens at the US open. We will see soon. I’ve just about shaken off a throat/cough virus after 4 bloody weeks, so it’s back to the gym this afternoon.

    Happy New Year everyone, and remember, just before the ’87 crash, there were a couple of big green daily candles….

    https://uploads.disquscdn.com/images/2327f9875ef44033773d2d46db540c764650988d0dc4a5c10dadcdeeeac6c2c9.png

  • evilasevildoes

    astrocast saying thursday and friday more bullish

    congrats!
    Happy New Year!

  • Mark Shinnick

    Mole, 5 separate trend alerts ?

  • Ted

    Down?

  • evilasevildoes

    tough low vol

  • Julie 35 – 25 – 36

    EV A post below possible gap up sold into . Could play out
    JULIE

  • randomuser6789

    These usually don’t trigger until 45min into the session

  • Julie 35 – 25 – 36

    SPX breaks below 2493 bearish bias
    JULIE

  • TimeToPanic
  • https://evilspeculator.com Sir Mole III

    LOL – not sure what happened there. Sorry guys ๐Ÿ˜‰

  • https://evilspeculator.com Sir Mole III

    Guten Morgen meine Herrschaften!

  • Julie 35 – 25 – 36

    Good morning Chief Happy New Year Chief !
    JULIE

  • Julie 35 – 25 – 36

    SPX Covering short from Friday (probe) .. made lunch money .. On sidelines … going to see close
    JULIE

  • Julie 35 – 25 – 36

    SPX going to need a bounce @ 2493 per post below
    JULIE

  • evilasevildoes

    any correlation left in ZB dollar?

  • Julie 35 – 25 – 36

    SPX Gap up sold into ! Yes I knew it .. Posted to watch in post last night
    JULIE

  • Jason13
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • HD

    GM Mole, all. HNY! So the bears traded 2018 with swagger, as a bear market ALL year. Time to level the playing field. Hard reset. All the bravado is now diffident. We all start 2019 at zero. Time to earn our keep again. Appreciate the blog and all the highfalutin charts here.

    Looks like ’18 will close red ~7%, reminder 2018 started with a 6% grinder- zero volatility 10 handle per day 3 week rally. Let’s see what they give us in ’19

    Stay safe out there.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    diffident. he he

  • HD

    I’ll try. It’s not my best quality ๐Ÿ™‚

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    stay off I-10, death zone between Tucson & PHX.
    ๐Ÿ˜‰

  • HD

    no kidding! we are hosting NYE, grrr

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Herrschaft
    I learned something new.

  • HD

    Thanks boss, can you give us some data on P&F charts? 1851!! wowza

    Have you seen price objectives that large work?

  • Julie 35 – 25 – 36

    SPX I have a level 2482 .. I am on sidelines covering short probe earlier for lunch money Going to wait for a bearish close below 2465 (subject to change) to throw kitchen sink short
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    looking for that secondary low? 2425’ish?

  • Julie 35 – 25 – 36

    SPX @ gap fill and 61.8% retracement. Bulls better come alive now !
    JULIE

  • Julie 35 – 25 – 36

    GG 2422 is a level. I think you mean level 2325 for the secondary low. Weekly 233 ema @ 2328 and monthly 55 ema @ 2321
    JULIE

  • HD

    Who’s got a resource for P&F charts? I’m reading it’s based on price patterns, no time or fancy indicators? That sounds right up my ally.
    https://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:pnf_charts:pnf_basics

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    yes. 2325.

    I see many things against that, before you defeat Tai Lung.

    https://uploads.disquscdn.com/images/5c5ed4424ede94b0db70eacb8f6b4c0865f633408ec9bb8ba115b11ed5862be9.png

  • Julie 35 – 25 – 36

    HD RW has a good handle and read on P & F charts. I am learning them also
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Why stockcharts.com silly.

    look at the very bottom.
    “point & figure chart”
    https://uploads.disquscdn.com/images/78510adb9596e658fa71b441354bcb7d40991fa71eca961276003b469f30ae00.png

  • evilasevildoes

    stock charts ok UPDATA UK best

  • evilasevildoes

    tradestation good

  • evilasevildoes

    sierra

  • evilasevildoes

    actually schwab active trader if you have it lemme know will show yall a secret

  • Julie 35 – 25 – 36

    Thanks EV !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    very.

  • HD

    lol- found that. I was looking for anything that helps me understand them or shows examples of times they have worked. Currently reverse engineering. Give me 5 minutes.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    few.

  • HD

    Julie- do you remember the last time Mole shared a P&F chart? That’d be an interesting starting point.

  • Mark Shinnick

    Its excellent focal study of price.

  • evilasevildoes

    trading view

  • evilasevildoes

    trading UB

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    This is Sparta! and I am the Curator!!
    [PnF link]
    https://evilspeculator.com/point-and-figure-frenzy/

  • HD

    only price pays! When the EW guys post 1810 price targets they get run over. Interesting price confluence.

  • evilasevildoes
  • Julie 35 – 25 – 36

    HD .. Richard Wyckoff originated P & F charting many many years ago There is a site By Bruce Fraser stockcharts.com dedicated to Wyckoff methodology and P & F charting. I have studied Wyckoff methodology (tape reading) but not P & F charting. I do want to learn P & F
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    you said that last year. Groundhog day.

  • Julie 35 – 25 – 36

    Well GG …. What did I say a few days later on Valentines Day ? LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ..that you’d go out with me.
    ๐Ÿ˜‰

  • Julie 35 – 25 – 36

    GG Do you realize that we probably have seen each other .. Intel Aloha Campus Yipes ! LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    No, never set foot in that back alley. Now, if you were at Hawthorn Farms, or Evergreen, there’s a chance.

    I had it all planned out, lunch at the food court, movie at Regal cinemas, then bargain shopping at JCP and Sears. LOL.
    ๐Ÿ˜‰

  • Darkthirty

    Is the zero signaling the flash crash/ramps?

  • Julie 35 – 25 – 36

    I was briefly at Hawthorn Farms in addition to Aloha. Not at Ronler Acres tho. I saw the handwriting on the wall and left before the big layoffs. I never liked my job at Intel. It is indeed the Evil Empire
    JULIE

  • HD

    super blood wolf moon eclipse? lol

    Who’s got some wild 2019 predictions?

  • Julie 35 – 25 – 36

    SPX I posted a level 2482 below. Perhaps a bounce
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    Must get above 2493.57
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    how’s that short going? he he he.

    edit: the ramp-n-camp Continues!!

  • Julie 35 – 25 – 36

    Nice GG I covered earlier for lunch money. As stated in post below now on sidelines waiting for a bearish close below 2465 then really pound it short. Bulls do have a chance at 2482
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    expecting big End-Of-Year sale before end of today?

  • Julie 35 – 25 – 36

    GG SPX holding 2493.57 is crucial for a rally
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    my line changes through the day.
    first line fails, drop to second line. etc.
    15m candles.
    edit: candles are below averages.
    edit: rsi is below 50.

    https://uploads.disquscdn.com/images/4728f64dca6d037525e2cd90f9e7b64dc97fe3a485cf81ecd5a7e0f0c5d4e696.png

  • Julie 35 – 25 – 36

    Speaking of EOY I must finish some work about 1 1/2 hrs worth then it’s skiing with hubby Only 3 of us at work today. A different situation in the Big Sky. We get the work done tho and accolades from the home office in Boston. Too Much Guys !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    this too shall pass. break a leg!

  • evilasevildoes

    aaah sounds so fun!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ..it’s 1AM 2019 in Shanghai.

  • Julie 35 – 25 – 36

    SPX There mistake is gaping it up on the open. Stupid ! Short term overbought in a bear market should have a lower open to rid the weak hands then a bounce. A gap up open at this time (short term overbought) is sold into . Just stupid !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Cougar the Market Maker. (god help us)

  • Julie 35 – 25 – 36

    GG Maybe someday I will ring the “Bell” NYSE ! LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Dingy blondes, who knew?
    ๐Ÿ˜‰

    edit: can you imagine EvilSpec going IPO and replacing silly broker firms?

  • Julie 35 – 25 – 36

    GG Quit your bitching ! You need the water … ! Let it snow .. Let it snow .. Let it snow … LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    LOL.

    a local reservoir lake up there has been dry for like 15 years.

  • Jason13
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Bull worshipers, back in the Age of Taurus. Before BA’AL maybe.

    They shall burn for their lusts.
    https://i1.wp.com/learning-history.com/wp-content/uploads/2017/12/bull-3.jpg?resize=850%2C466

  • Jason13

    Lol!

  • https://evilspeculator.com Sir Mole III

    Maybe I should stay in Spain! Prescott is 29F today. Not sure if that’s normal but it seems cold to me even given that it’s higher up.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    prepare for a slew of New Year’s article luring the baby bulls back in. Greed may not be that strong. but FOMO (fear of missing out) is very strong.

  • Julie 35 – 25 – 36

    SPX If there is an advance IMO watch 2560 level Then 2573 and 2579. Above 2579 level then 2639 level and 2643. Happy New Year Everyone. Finishing up and out the door !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Bye! see you next year.

  • Julie 35 – 25 – 36

    I know Jason I saw that too ! Let’s take their money !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    It’s the first Winter storm. we’re lucky to get two.
    Solar Minimum! maybe trends are up.

  • evilasevildoes

    break a leg NOT!

  • evilasevildoes
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’ve had my ultrawide 34 for over two years. Absolutely love it.
    ditch the two monitor setup.

    https://c.76.my/Malaysia/samsung-34-ultra-wide-premium-curve-led-monitor-item-sss34e790cns-atoz2u-1611-07-F222727_1.jpg

  • Darkthirty

    I’d like to be there when the desert blooms, what month is that?

  • https://evilspeculator.com Sir Mole III
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I told you she left open the freezer.
    3 out of 4 traders prefer warm climates.

    Think about this before your ‘big move’ back to the U.S.

    Reno might be a nice compromise. Travel to the bay area when it’s too cold.

  • https://evilspeculator.com Sir Mole III

    That looks pretty kick ass. Resolution?

  • https://evilspeculator.com Sir Mole III

    Well now you know what I want for my birthday.

  • evilasevildoes

    you went back for the earthquakes?

  • Julie 35 – 25 – 36

    Guys .. One last item .. The 1st check GG writes in 2019 will be dated 2018 … LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    That reminds me. The HOA fee! thanks.
    ;-D

  • evilasevildoes

    there ya go

    Who writes checks anymore?

  • https://evilspeculator.com Sir Mole III

    I do all the time. Shame the bank account they refer to is long defunct.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    me. it keeps away the arthritis.
    =P

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    3440×1440

  • evilasevildoes

    does anyone ever hear ? “Hea cum ‘da judge’ ?

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://www.linkedin.com/in/sharondsessions/ Sharon

    I have Schwab dont know about active trader is that something that you pay extra for?

  • Darkthirty

    ES VWAP 2499

  • evilasevildoes

    you know there is always a dip in the biggest one and price has to exit above 43.44 degrees

  • evilasevildoes
  • evilasevildoes

    3rd pierce on topline on friday?

  • Julie 35 – 25 – 36

    Guys real quick .. Checking the market going skiing. SPX trading within 13 and 5 ema’s 5 ema @ 2482 which is a level posted. 13 ema approx 2514. Below the 5 ema and level 2482 bearish and above 2514 bullish BUT A level at 2530 exists EZPZ guys. Also SPX short term overbought LATER
    JULIE

  • ridingwaves

    thank you warm weather goddess of the south…
    first buy of UNG, almost $2 less than original buy area thoughts….

    24.75

    thank you GG for the target…even lower than we thought….

    what say you Mt. Etna..

  • https://evilspeculator.com Sir Mole III

    Alright, I’m off. See you guys next year!

  • TimeToPanic

    Just back from the gym, later than expected as I got locked in!
    Happy New Year Mole and family, see you in 2019.

  • ridingwaves

    ๆญๅ–œๅ‘่ดข

    Gลngxว fฤcรกi

    Happy New Year to you and your family

  • TimeToPanic

    I’ll kick off with a crash in the markets into 17th Jan, 20% on NQ.

    Wilder than that? A few big banks fail in Europe, like dominos, you’ll see weekend bail-ins and closures.

    Politics: UK election in Jan/Feb, Tories win, Rees-Mogg new PM, hard Brexit.

    US: some big arrests next year, Clinton et all will face the music.

    Golf: my handicap comes back down to 6.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    ๆ–ฐๅนดๅฟซไน

    Xฤซnniรกn kuร ilรจ

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Your Welcome.
    show us a chart!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    /ES 2490 – kind of iffy around this level.
    support? not support?
    What the hell am I guessing?, HD knows.
    HD? 2460 by close?

    https://uploads.disquscdn.com/images/c314827ef1d772fb18f624ef4cfb47766c407a81e29f06a43d32c48419741e9c.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Better to be out of a trade gym and wanting in,
    than
    Being in a trade gym and wanting out.

    quote of the year
    LOL!

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    2499, dam, some kind of ‘W’ pennant formation.

  • TimeToPanic

    It’s a nice gym, attached to a college, but the staff, you know, you pay peanuts, you get monkeys.

    First session in a month (due to virus and holiday). Man, those weights felt heavy. Did it though. Happy New Year GG.

  • Darkthirty

    isn’t flip Wilson dead?

  • TimeToPanic

    Where, oh where, is the daily ramp (8PM UK time) that we’ve grown so accustomed to these past 2 trading days? No today for some reason. Da bulls shot their bolt already?

    Don’t look at the daily candles these past 2 days versus 12th/13th December (don’t do it). RSI rolling over. My bear goggle, do they deceive me?

    https://www.tradingview.com/x/iiLPAbvj/

  • ridingwaves

    could consolidate around here for a bit, freezing my booty off in the city after doing the same in your state last week

  • ridingwaves
  • http://gerb-reloaded.blogspot.com Gold_Gerb

    bulls at the hamptons.

    blow and hookers.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    Flip? I thought it was Sammy Davis?

    https://www.youtube.com/watch?v=3hIcKkKID8k

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    That’s it. Happy New Year rats.

    “Same as it ever was”
    https://www.youtube.com/watch?v=6Ftqj0vVN-o

    Check out 1966, DOW JONES new high ~1000

  • evilasevildoes

    Happy New Year!!!!!!!!

  • ridingwaves

    nibbiled on GS for move to 182…..its darn cheap here with yield…
    https://uploads.disquscdn.com/images/cccfbf6f5d8fa296727ea8a47d6c84b7a2771b3ee29ad36389c9c6a7f46541bd.png

  • TimeToPanic

    Your final wave to 2800 travels back in time.
    That must make trading so easy.

  • TimeToPanic

    100 NQ points to reach and re-test the underside of the year-long H&S pattern. I don’t see SPX getting back to its neckline, but could be a final pop on Wednesday before it all starts. Target c.5100.

  • TimeToPanic

    Now I get it. heh.

  • Darkthirty

    The spandex scenery is worth it though…โ€ฆโ€ฆโ€ฆ.?

  • TimeToPanic

    There was a big girl in there this evening, spandex tight leggings were discomforting to say the least. Even for fit girls, I prefer something to be left to the imagination. Tarts, the lot of them.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    GG’s 2019 Commandments – a subset of Superiors.

    After much reflection and pure sobriety.

    1) If you want excitement go to a Casino.
    2) Ignore the news, most likely it’s priced in.
    3) Trade your plan
    4) Take what the Market gives, expect little, give nothing back.
    5) Kill the Ego. Losses follow wins, wins follow losses.
    6) Be the strong hand. Don’t beg the Market for money. Instead have it beg for yours.
    7) Laugh. In the end, we are all dead

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    from a short term tactical side, I’m still looking for a move back up to a median.

    from a long term strategic side, cash accumulation until the median comes down and is crossed. could take years.

    https://uploads.disquscdn.com/images/ba3efeb9202f89ddcf0c59851aa181c34d69b3b59f683d86910888276e3e978b.png

  • Darkthirty

    I’m kinda like Helen Keller……I really don’t mind reading lips

  • TimeToPanic

    I’m shocked.

  • http://www.id9660885.sexyvn.website eltonluc

    molecool already

  • https://evilspeculator.com Sir Mole III

    Hey guys – my brand spanking new SQN indicator for Ninja8 seems to have potential:

    https://uploads.disquscdn.com/images/0aadf0d6d31be2c79596297c4b183a6dfd8147aec353642304c3986ea737566a.png

  • Ladywandering

    Looks great. Happy new year!

  • Darkthirty

    : P

  • Julie 35 – 25 – 36

    Guys Friday action was an ascending triangle 2482 level matching the daily 5 ema important to hold
    JULIE

  • https://evilspeculator.com Sir Mole III

    Staying warm up there?

  • Julie 35 – 25 – 36

    Bozeman Presently 13 degrees and snowing … No Flashers here LOL!
    JULIE

  • https://evilspeculator.com Sir Mole III

    Outright balmy!

  • Ladywandering

    Snowy and -2 Celsius. So we are good!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    could you bottle some up? 6 months away..awaits.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    GG PPLT one more leg down you better back the truck up ! My shiny white metal gonna really shine. Put your sun glasses on GG … Weekly and daily positive divergences. To the moon .. Aiice ! JULIE https://uploads.disquscdn.com/images/5cb25d5b8266e8e824a395a6468bed144cd66afc1308f185f630ccd2022a84b2.png

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    call me when RSI 28. (yawn)
    ๐Ÿ˜‰

  • Julie 35 – 25 – 36

    GG Don’t be snoozin… or you be a losin … ! LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    don’t be fooled, that loser stock has been dropping since 2010!

    what makes you think, you can spot a reversal!?
    LOL.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    JCPenney & Sears have more likelyhood of beating AMZN.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    For Hoth.

  • http://gerb-reloaded.blogspot.com Gold_Gerb
  • Julie 35 – 25 – 36

    They are going to try to gap it up on the open above the 13 ema approx 2516 . Resistance 2520 could be a very interesting open. A lot of time left. Attempting all the tricks to distribute more shares to the unsuspecting
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    probably a lot of bear stops between 2500 & 2600.
    it’s a race of which bears exits first, IMHO.

  • Julie 35 – 25 – 36

    Yes GG Good call IMO a stop run too
    JULIE

  • Julie 35 – 25 – 36

    UUP GG Interesting I warned earlier of a dump below it’s 55 ema .. Yup !
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’m not too good at this currency thing.

    It does look like UUP is set for a notch down.
    https://stockcharts.com/h-sc/ui?s=UUP&p=D&yr=1&mn=6&dy=0&id=p4659633595c

  • Julie 35 – 25 – 36

    GG I really do not do currencies either. Too many sharks in currencies. I do watch the greenback tho
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I’ve decided to change some of my style for 2019.

    My comments on individual stocks will be nil, or limited.

    My focus will be on trends & cycles. Hourly/Daily/Weekly charts.

    Sectors – Major Indexes/Energy/Oil/Metals

  • Julie 35 – 25 – 36

    GG The Reagan Admin. wanted to drill for oil in Yellowstone National Park. Too Much ! If that ever happens I will get a job as a roustabout I believe they are called.I will demand my own facilities ! LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I stopped watching the greenback, many times. It always came back and in some way interfered with gold pricing. You cannot ignore it IMHO.

  • Julie 35 – 25 – 36

    GG The sectors with Bullish Percent and Advance declien %
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    I bet it was a political stunt. lookup “problem, reaction, solution”.

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    There’s 10,000 moves in Judo. I need to know one, very well.

    https://www.youtube.com/watch?v=mL5x58M_9sw

  • Julie 35 – 25 – 36

    GG The French .. Fight with their feet and make love with their face ! LOL!
    JULIE

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    That would explain why Mole is into kick boxing.
    ๐Ÿ˜‰

  • Jason13

    Julie, have you got any levels for a pullback in gold to go long?

  • Julie 35 – 25 – 36

    Hi Jason .. Dinner in the oven. I have not computed any levels for Gold. INTC the Evil Empire setting up for a re short. Pin action on AMD. INTC Friday an intraday reversal closing near LOD. Monday a lower high on less volume and closing below it’s open. Short term overbought and declining volume on the bounce with the 5 – 21 and 55 ema’s in a bearish alignment. MACD center line test … If you are interested.
    SPX LEVELS Levels marked XX Major Levels
    2657
    2639
    2627
    2620
    2616
    2609 XX
    2597
    2590
    2579
    2560
    2530
    2506
    2482
    2452
    2433
    2422
    2415
    2404 XX

  • Jason13

    Iโ€™m covered in SPX…know my levels and plan there. Just wondered if you had thoughts on gold. Thanks!

  • http://gerb-reloaded.blogspot.com Gold_Gerb

    hairball of levels.

  • Julie 35 – 25 – 36
  • Julie 35 – 25 – 36

    GG .. Day traders Dream .. The levels within 2 points often 1 point
    JULIE

  • http://sexyjbbq.website/ disqus_svr7KY9TA8

    disqus_CPnqNwjdYF more

  • Julie 35 – 25 – 36

    Futures taken a turn Down .. Hmmm !
    JULIE

  • Julie 35 – 25 – 36

    Asia Down
    JULIE

  • Julie 35 – 25 – 36

    Bla Bla Bla … Talk is cheap .. Takes money to buy whiskey .. Like our Chief says “Ignore the noise” and read the tape !
    JULIE

  • Julie 35 – 25 – 36

    Air pollution in China … The average Chinaman smokes 3 packs of https://uploads.disquscdn.com/images/adf9f8a8f3a03380f670369e22a8c08f92a6cba5dcb726d859f2320613358b16.png Marlboros a day too ! Too Much ! JULIE

  • Julie 35 – 25 – 36

    XLF The daily 13 ema could be it … Monday’s low the 5 ema .. Bearish close Wednesday below the 5 ema could be a short. Short term overbought JULIE https://uploads.disquscdn.com/images/85691f00c9967084e94f70359903f3c82865e066154d90cee6c61dd9d58ca3f7.png

  • https://evilspeculator.com Sir Mole III

    Crikey – I’ve seen pictures of that before. Must be a lot worse during the winter in some places due to inversion. What a difference to a place like Montana:

    https://www.hotel-montana.com/images/slider/category/6/Obertauern_Winter_87.jpg

  • https://evilspeculator.com Sir Mole III

    LOL – Julie ain’t taking any prisoners this year!!

  • https://evilspeculator.com Sir Mole III

    I’m all for capitalism but there are limits. Yellowstone must not be touched.

  • TimeToPanic

    It’s started. Up 9% on my Friday position. US dollar up. Gold up, silver down. Risk is coming off. Added to NQ shorts via 3x etf. Puts on QQQ awaiting the US open. Could be huge, this next 2 weeks.