One caveat to everything I’m about to type is that SPX must close this Friday, above last Friday’s close of 896.25.
If that happens, then these are the price points I’m looking for the following indexes to at least test before either selling off, consolidating, or just flat out busting through to higher prices. The point [...]

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Oh yeh myself. Fuck off self.
I covered the TZA much earlier than this posting 3:34pm…Went from 16% gain to breakeven with the rally going on today. Everything is back above my fucking stupid levels.
Can you tell I’m frustrated? Now I want to go long, but I’ve been chasing behind the daily move for 4 days [...]

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Bought TZA @ 73.58ish.
Like the title says going short indexes again. Most of my levels I was waiting for traded above and broke below. These need to close this way though and the day isn’t over.
851.81 spx
456/451 rut also close below 448 would be wonderful
1151.96 NDX
8451 DOW???
1472.02 compx
1482.05 compx
16.55 UWM
Random thought? Automakers won’t get bailout…Market [...]

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The market decided to slap bears around today and I got caught on the wrong side - 6% hit. I also took my losses in all the ETFs I mentioned earlier today about 6% as well there. I made 7.6% on TNA early this morning.
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Levels I’m looking for tomorrow.
A trade of SPX above 873.29 and [...]

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I mentioned over the weekend that I thought maybe we could break the overhead trendline and move higher then later in the week test it to the downside. That was wrong. However, I did provide the levels to look for to make a trade.
The market moved fast right out of the gate this morning. I [...]

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SPX is right around some major inflection point, but both the RUT, and the COMPX have considerable upside room which makes me think we are going to see the SPX break this trendline to the upside.

After the break I think it will selloff to test the line causing a break even for the week in [...]

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Topside levels
RUT 452
SPX 898
COMPX 1499
I’m also looking at UYG and the 6.05 level.
I get worried if we take out today’s open tomorrow on the indexes that closed positive.
I bought SOL, YGE, and APWR today near the end of the day. They have room a bit up before hitting major resistance (on these 3 symbols), but [...]

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I was heavily long the RUT and NDX with the 2x funds at Friday’s close. The RUT did 15% while the NDX did close to 13%. Happy to get a nice one in the bag. I trimmed these positions back 50%.
I also bought this morning TNA, SSO, QLD, and C. I put in an order [...]

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I bought index longs today at the close. I was either looking for the washout or a move higher. Got a move higher back over a level I was waiting for.
Looking for 100 pts higher on the COMPX.

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I’ve only been short for 3 days and those were a good 3 days to be short. Took my 13.4% in the SPX today. Unfortunately I got fooled out of my SDS and TZA buys this morning like a piker. It unfortunate because it would have been a huge day for those trades.
Luckily I have [...]

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I’ve sold any long I’ve owned throughout this turmoil. I’ve capitulated. I’ve taken my losses and picked up my ass and did the right thing. I went smallish to the short side. I’m looking for a low to be put in this week. The monthly charts are very oversold, BUT this month has to end [...]

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The pressure is building under the foot of a weekly divergence in the SPX, RUT, NDX, COMPX and the other sectors that have been smashed, namely commodities, financials, and real estate.
A relief rally typically happens when this setup is showing its face. We had a rally off the 3rd week of October low based on [...]

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I was too enthralled with my new intraday trading system to look at the inverse ETF’s. Actually I didn’t have a shot at even buying them as I blew all my available capital this morning trading these little piker stocks like JBLU, PCR, LEN (only real winner today), NYX, SWKS, and TBSI.
This is where the [...]

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Today was awesome wuth every single buy working positively, however, I got nervous with my FCX and QLD trade which for some stupid strange reason I sold, scratch that the reason was fear and noise. Both of those were sold at losses and they have to be two of my worst trades ever because I [...]

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Again I’ve been wrong with my bigger trade and I’ve said it nearly everyday.
Today’s day trade for UWM was good for 1.9%, there was more in that trade, alot more, but I was distracted all day.
What I’m looking for this week to happen is a test of the 21 d ema.

In many down moves in [...]

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