lightningfreek

lightningfreek

As long as the trend holds this is a low risk entry. You need to enter here, only bailing if the trend line fails to hold.

lightningfreek

Using DRV to short VNQ off this pivot. Hopefully it holds, limited losses if the sell pivot holds.

lightningfreek

Slowly entering SQQQ here. Looking for QQQ to pull back under 496 by EOW. This Weekly sell holding is the bet.

lightningfreek

If it closes below the super trend pivot then fine I'll sell at a minimal loss. However entering here allows for a fair trade with limited risk. Bail if trend drops to a sell. Take profits at 3%+ slowly if it holds the pivot. This is a POMO. If not this, I will retry on the weekly pivot.

lightningfreek

I will be dabbling with DRV until this Monthly goes back to a buy. I think this is a position of maximum opportunity to enter short real estate.

lightningfreek

Maybe this weekly pivot will hold. I have some money on it.

lightningfreek

The golden years are over, the market is going to be in for a reckoning somewhere some how. Technical + bias on this play.

lightningfreek

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.

lightningfreek

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.

lightningfreek

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.

lightningfreek

This is lining up among other charts to be a sell.

lightningfreek Updated 

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...

lightningfreek

I just have a feeling we get 1980's dollar actions coming, My back is against the monthly buy pivot. Small Risk Large Reward.

lightningfreek

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.

lightningfreek

I suspect not too much upside. This indeed is a very brief description.

lightningfreek

I am ready to short once VIX confirms buy going to a buy on the hourly.

lightningfreek

I am still watching this for it to get back into the channel.

lightningfreek

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.