The Trend Rider

A trader reflects on market strategies and personal optimization.

Saturday, 16 May 2020

Do we have a reason to rally ?

Going sideways in a trading range for a month means that the bulls and bears are balanced. At this point it's 50/50. There is a 50% chance we go up first and test 200-dma. There is also 50% chance that the move down is already underway.
Posted by Mr.K at 09:13 No comments:
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Thursday, 14 May 2020

If we get a good size bull day tomorrow, the odds will switch back in favor of the bulls.

Posted by Mr.K at 15:06 No comments:
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Market history.

                                                   click on the image
Posted by Mr.K at 08:28 No comments:
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Wednesday, 13 May 2020

RUS trying to hold it's 50-dma and trend-line support.


Posted by Mr.K at 10:55 No comments:
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Sunday, 10 May 2020

"Given that 1) people stopped going to restaurants, 2) they kept eating, & 3) farmers are dumping produce, dairy, meat owing to a surplus nobody wants, could it be that restaurants, (because of their need to maintain variety & excess quantities) waste lots of food?"

Posted by Mr.K at 09:26 No comments:
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May The Trend Be With You~And You With It

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