Stock sell off begins in earnest this week. I got short the YM this afternoon as it entered the sell zone and stayed below the 61.8% line. It's trading technical and is starting to accelerate.

Post Photo
Posting as :
works at
You are currently posting as works at

Related Posts

**Can I take retirement?**
Hi All,
I have around 29 Lac savings + 5 Lac gold.
And my wife has 28 Lac gold(wedding gift) + 80 Lac(ancestral) Land.
We have a child, his current age is 2 years+
Currently our monthly expenses are around 22k(max), and my CCTC is 15 LPA+ with 8+ YOE.
My age is 29! I don't feel like working anymore.

like

Does anyone think there is long-term viability in Cryptos?

like

Do you have a UTMA/UGMA account in addition to a 529? How can I make sure my kid still qualifies for *some* scholarships? (Want them to have some skin in the game..)

I have a new prospect. Small business owner that wants to start a 401k for himself and his employees. Who would be the top 2-3 organizations I contact, and what questions should I ask the providers?

like

Need help on how to invest. We are positioned to pay off our house later this year. Expect to work for another ~20 years. 401k fully funded and have some company stock investments maturing over the next few years, but no investments outside of that. Kids have a prepaid college plan for certain schools. Emergency fund is solid. Where should I look to start investing? I have fidelity for my 401k, would they be good to open a taxable investment account with, or are there better options?

likehelpful

Does anyone know what this means?
"Can anyone, other than you, claim a homestead interest in the property that will secure repayment of the loan?"
My spouse and I are applying for the loan and would like to be on the title.

like

Chase Freedom vs Freedom Unlimited for everyday spend?
Plan to transfer points to my CSR.
Non traveling consultant

like

Hi guys 👋🏻
This is regarding the interest amount of our EPF.

For you guys,is the interest details showing any amount in the EPFO member passbook? Or is it showing '0' like me(As seen in the photo below)?

Is the government yet to credit the interest amounts of our PF balances? Or is something wrong with my PF account only?

Any inputs will be really appreciated 🙂

Post Photo
like

Im so happy! I just paid off all my debts!

like

How long does it take to get ofc Laptop after DOJ?

like

SOL vs ETH 2.0?

like

What % do you save vs invest? I'm early 30s with a couple of kids making $200K + . About $75K in savings and another couple thousand invested. No property though. Just wondering what next?

like

Anyone know why uber prices have been climbing recently? I used to be able to get most places around the city for $10-12. Now I’m seeing $20-30 for the same routes. Is this basic supply/demand, or something else?

like

Should I sell my Tesla stock and go all in on Rivian?

like

Hi fishes, could any one help me on how to withdraw of money and how much can be withdrawn ?

like

Get upto 100% of your TDS as Refund in your desired bank account .
Due date for filing (ITR returns) for the AY 2021-2022 which reflects your transactions during April 2020 -March 2021, is on 31/12/2021.
File now to get rid of penalty for delay returns
Here we will e-file your IT returns
▪️▪️▪️▪️▪️▪️▪️▪️
Are you new to ITR filing???.... no Worries join and get our help to clear your queries

📲 8985907244

Cash out speculative stock portfolio (tech and fin holdings) and buy more cryto?

like

Best way to store coins? Best wallet to use?

Anyone have a good (and not exorbitantly expensive) accountant? My taxes have gotten more complicated than TurboTax and I can handle this year

like

Does RSM allow for Megabackdoor contributions?

like

More Posts

I had some major life events this year for which I had to take a large chunk of time off, and with half the year already gone, I’m getting worried about making the hours for my bonus. Is it always an “all or nothing” or do firms give prorated bonuses in certain situations?

like

Big Law M&A Mid Level (year 4-6) Signing Bonuses. What’s Market these days? I’ve been hearing $50k - $100k, but wanted to see what folks were getting in the last few months.

likefunny

Working on a deal where buyer's side keeps on insisting on a POA to effectuate all actions of Seller under the agreement, including executing documents. I keep striking this and commenting that this is not standard. Has anyone dealt with this? I am okay with a limited POA based on the industry of the Seller, but not this general POA.

Looking to buy Rolex OP. Thoughts on new vs used? Is the additional ~2k worth it for new?

I write TV commercials, and since Bulova created the first TV ad, I’ve been interested in adding one to the collection. I know more about their ad history than the actual watches. Anyone have a recommendation?

like

Can we claim internet installation charges as well?

like

Need like for completing profile. Thanks.

like

Anyone here know what an FPX certification is? Curious, a few roles at J&J have a requirement for it but I can't find anything online.

like

Hi everyone , I’m trying to build an email template with cross objects. I know that doesn’t work but is there a work around?

like

Hey fishes, I am hearing Tiger Analytics is rescinding offer letters floated to candidates. One of my acquaintance was supposed to join as analytics consultant but they rescinded the offer 3 weeks before his DOJ. Does anyone have information regarding this?

like

Looking for roles in Corporate Social Responsibility if anyone in the tech or media world is hiring on their teams! Would love to send over my resume.

like

Can I shoot my shot if I am not black?

like

I'm starting to believe my caffeine addiction is affecting me. After an hour of working today, my hand started shaking!

like

Recently got hired for my first contract position. What are the things I should know about being a contractor?

like

Best halal food in Montreal?!

like

Can someone explain KL Rahul to me?

To me he is Kitna L Rahul … never seen him perform in any important match but still vice Captain and always in the 11

likefunny

Anyone from or at client side data analytics/media science? Wondering how the worlds differ, agency vs client.

How much information about the kinds of work you’re doing do you include on your LinkedIn?

like

Other than providing insights and reporting, how does your analytics team help drive business KPIs, find new ways to look at audiences/businesses situation or have a huge impact on planning?

like

There are many reasons why people in the working world are not direct when speaking. They are one of the following:

* They pretend they are experts
* They are inexperienced
* They are full of themselves
* They don't know what they are looking for
* They love to talk

Even if these people have good intentions, be careful of them. Your time is valuable, and the best thing for you to do is to be direct back at them.

Post Photo
like

Additional Posts in Daytrading Emini Futures

I am short ES as of this evening. We are right up against a daily short level and I am using this 15 minute entry in the afterhours.

ES reaches it's 2888.75 objective from the 2812 long on Friday morning. Usually, this is where it would turn, however, Wall Street needs it's fill up here too. And, the end of the channel is in sight.

Post Photo
like

Morning S&P Update: Same draw as the YM (Dow) last night. Sell off from All-The-Way HWB happened in Europe. But, look for rebounds as Friday's tend to be range bound. Locked between two 50% levels?

Post Photo

Thinking about running a "Intro to Daytrading the e-Mini Online Series." Would anybody be interested in signing up? Would you be willing to pay $49.95 for 3 hours of instruction?

What's up everyone?

It was never my thinking that made me money in the market. It was always my sitting. -- Jesse Livermore

like

Men who can both be right and sit tight are uncommon, it is only after a stock operator grasps this that one can make the big money.

like

Nasdaq and Stocks want to make a double-top here. At the moment, hard to be short with this momentum. But, a break of the extension will mean a nice retrace and a move back to our lows of the year.

Post Photo

Not a day trade specifically, but seasonality and fibonacci are my two favorite methodologies. Grains tend to hit their seasonal lows here in early May. Time to go long for the next 4-6 weeks.

Post Photo

Market needed to rally today so that we can get short setups. We have two halfway back short setups here. Selling off from the Weekly. But, Trend changes require this usually require the larger HWB.

Post Photo

Finally, we broke an extension in Europe. I look to sell the HWB (halfway back) 50%. In addition, it will be gap fill so I expect some bullish action in the till open as we rally from 2901 to 2921.

Post Photo

The Dow is an easier read. We broke the intermediate short down here at the lows. The dip into new lows serves as a sling shot to take the market higher. Dow HWB long is 25221, down from the close of 25398. Use this weakness to load up for a massive rally that should take us back to the 26300 level for the longer term HWB short.

Post Photo

S&P sold off from Europe from our Major 50% sell line, only to travel back up again long 50% HWB. Wall St. wanted their fill. Euro Traders will cover & cause gap up Sunday. Sell near 61.8% next week.

Post Photo

YM Update: The 8 AM selloff was impressive. It went right to the 61.8% line . . . admittedly my last add after taking two other shots in between the 50-61.8% line. Weakness into close, see rebounds.

Post Photo

Beautiful Sell of YM (Dow Jones Index) futures at the 50-61.8 Fibonacci Zones during the last few days. Now, a retracement is needed to the new sell zone. So, expect bullish action back up to new 50%.

Post Photo
like

Updated: Europe and Wall Street Wants Their Fill . . . Reload the Short and Sell the original Half-Way Back Short . . . Lows made in Asia don't Count. :) Sold 24250

Post Photo

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal