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So, looks like a test of 2710 tomorrow is being set up
I'm positioned right now. Up, I profit take. Collapse, I buy more in this buy zone.
My ThinkorSwim platform is messed up this morning, however,. I could not execute as efficiently this morning because of that nonsense
I told you that I'd be back once the SPX is at a level for thinking about entering long. 2018 has been interesting in this way where a person...
At any rate, my theory says SPX 2700+ is GUARANTEED. So, if that's correct--you don't have to believe my theory--the 2620 to 2650 level or even...
I don't understand the "caving in" by the FED but the FED is signaling "buy." Crazy.
Right. In other words, an opportunity to either buy or profit take--if you are a buyer and not a seller
The collapse today attributed to the Huawei arrest is....hmmm...at any rate, this is an opportunity to buy at this 2620 to 2650 level
The problem is that next week, the SPX could plausibly hit around 2850+ for the infamous "Santa rally"
My target is around 2725 to 2735. At that point, I shall ditch 50% of my positions for profit taking and assess what to do with the other 50%
Even 2700 is ok for buying
SPX 2620 to 2650 is a rich buy zone
I wanted to add long again at 2622 to 2625 level. Oh well.
Ok. I purchased long lot #2 at 2650. The SPX hit 2643. I don't care at this point whether it goes up or not. If it goes up, I profit. If it...
So, a meaningful long buy zone continues to be between 2600 to 2700.
Interesting day. A 90 handle collapse. I don't know if this happens without tomorrow being a day off for the market.
I'd prefer entering at around 2650 or 2600, but after the price rallied to 2800 yesterday, 2705 isn't terrible
I'm back. After the 85 handle collapse, I entered at 2705. Long lot #1.
Oh, well. I shall return when a nice entry level happens
So, the SPX hit 2743. I wrote the above yesterday. Too bad, it didn't collapse first
