Actionable Trade-Alert
from Rick in the Trading Room
(Please check all related discussion in the room before you do any trades.)
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09:43 |
SLV- rolling Sep 19 $37C to Sep 26 $38 for $.48 credit and adding to position $.67. Great opportunity to add or open a position. FOMC meeting this aft should provide the volatility for even more opportunity. |
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10:00 |
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10:11 |
/ZBZ25 or US 30 yr-When it trades p2 $118’16 I’ll use a 6 pt trigger to short. tos.mx/!RDw3bPAJ |
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10:57 |
OK, so JNUG is a derivative of Gold, and this is a short term chart, but look at (daily) 08.19 A at 86.18; then B 121.26; C 113.87, and action around P2 140.18 and back to P 131.41 (before heading to D 148.95. |
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12:00 |
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12:26 |
you could wait for the FOMC but this is a lot better. https://tinyurl.com/mr39pnnf |
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13:00 |
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13:42 |
The 6620 target I broached here two weeks ago with the September E-Mini S&Ps trading more than a hundred points lower was hit and exceeded by 19 points. That means that the short-squeeze that has been driving the bull market hard since April has higher to go. Stay long until the little hoax (basis the December contract), currently trading for around 6657.00, hits 6805.75, which it will. You can short there aggressively if you have profits from the ride higher to cushion your stop. More immediately, expect the so-far weak selloff from yesterday’s 6696.75 to reverse from either 6620.75, or 6544. |
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13:55 |
Ron – That was great! |
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13:58 |
Bitcoin’s latest bounce has come from 115,412, a smidgen (i.e., 0.28%) below my correction target. An ‘rABC-type’ entry would have gotten you aboard at 115,694, and out of half at 115,974. My immediate target is 116,536, but you should hold a small piece of the original position for a swing at the fence (i.e., 119,160, a target first aired here a while back). |