Linda Raschke
@LindaRaschke
Private Trader, Retired top performing hedge fund manager, in New Market Wizards, 2024 IFTA Lifetime Achievement Award. Street Smarts & Trading Sardines author.
130 Following 143.3K Followers
ATR trail stop on 2 minute SP chart still intact. This is a very efficient mark-up!
Rus shoddy trend down while NAZ holding best - kudos to semis.
Crude had the best trend UP off 8 AM reading after first 30 minutes...
GC and bonds US session...not so interesting!
Do you ever go back and review how the US session traded relative to the overnight session? (I start all US sessions at 8 AM EST.) SP and SI 15 min
7713.50 was OP...Will it or wont it...SPs have refused to trade there all day. zzzzzzzzzzzzzzzzzzz
Silver - one of my favorite technical structures: A B C into higher low with fast and slow line on the osc poised to flip up. The SLOW line is similar to the fast line on the weeklies, which looks like a Buy Anti to me.
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Copper Chopper: Now THIS is the nice tight 3 bar triangle configuartion that precedes a good trend day! Long liquidation flush created a vaccuum back up.
Beans are a classic example of "bracketing mode" after a large standard deviation move.
Crude had first close below 5 SMA, but it also was a 3 bar breakout mode (which trumps retracement trades). But it failed to get range expansion to downside, and is now a solid example of a bracketing market (false breakouts up and down as it consolidates.)
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I tried rebuying the Cows this AM (dec front month now). There was a 5 SMA Buy Setup, but the market quickly told me I was wrong when it took out the first hour's low.
Sign on my chiropractor's desk...not sure what he is doing with this sign, other than trying to justify his insanely messy desk. But I got out a few random pencils and papers and scattered them across my own.
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Could be a long P = T (price equals time) to digest this move! Pit session shows US morning players got cheated
Fantasy horse in my barn who just arrived (hee is not mine)...
Memphis de Massa is the superstar. iPhones are lousy for horse pictures.
Ringo’s father. Here’s hoping my ugly duckling turns into a swan.
And then there is the newest boy… not sure whether to name him Barry manilow, Fonzie, or Dr. Shnoz. Think it is going to be Ringo Starr though! Brazilian lusitano.
Better picture of BonJovi. Damons sister gave him that name.
Pretty Bull Flag on EWZ, a previous RS leader.
