Epic's Account Talk

I would say it's an indicator that means in the past, selling would have worked under similar conditions.
 
Please click on and take a look at the links. Feel free to explore all of these. There's more than what I screen shot.
My understanding for each one is:

https://www.investing.com/indices/indices-futures
This one is a streaming link showing real time changes in the market, weather it be pre-market or after the market opens. Watch it and you can see it constantly changing.

https://www.tradingview.com/symbols/CME_MINI-ES1!/technicals/
This one is also a streaming link showing real time changes in the market, weather it be pre-market or after the market opens. The dials are constantly fluctuating as buying and selling occur.
You can choose from different intervals: Capture3.PNG

This last one that I sometimes include https://money.cnn.com/data/fear-and-greed/ is not streaming, but has a current value that is updated and displayed in the lower right hand corner (see below).
I screen shot this at 12:25, but the reading was updated at 12:13, so it's lagging a bit.

Capture4.PNG

Hope this helps . . . . . . :smile:
 
CaptureL2.png
paz-white-flag.gif
 
So, when things seem out of control and you feel totally helpless and frustrated with this market to the point that you want to beat your head against the wall :banghead: :banghead: :banghead: , Ira is my go to guy. He never gets excited or over reacts. He's not jumping all over the place putting on a show. He's just nice and calm and explains things in a nice even tone and keeps a level head while having a realistic outlook. He's been in this business for decades and he'll be the first to say that even though it may seem bad, it's not the end of the world.
Sometimes it's just nice to watch something like that so you can keep a good perspective.
Here's his wrap-up from yesterday evening........nice and calm...... >>>> https://www.youtube.com/watch?v=D47ZfeLlECw

...
 
Depressing for me cause I'm in :(. I should know better, but who expected a month like this? And now with all this "war" talk, sending troops and all that stuff. Will that spook the market even more? I can't afford much more of this.
Do we get a bounce tomorrow? It may be F or G for me, I haven't decided yet. No matter how you look at it, this sucks!!!!
 
This became apparent to me to me after the covid crash, not that I thought it would become a regular occurrence. It's pain with our IFT limits, getting out too soon could miss a snap back rally, but in this case would prevent significant damage. I moved to G in Dec as I was suspicious of January, which has taken it in the shorts in the past.
 
I wish I would have followed your lead. I don't have enough time in the day to keep up with all the threads and everyone's thoughts. So much other stuff to do.
It's times like this that I ask myself:
WWBTD
What would Birchtree do ? ? ? ? ?
 
Sorry, the post was gooned up when I tried to edit - the point, which was somehow deleted, was setting a stop loss. I think I settled on 8% below the level before a decline started. Getting out on a stop loss with the IFT limits we have may prevent re-entry when the recovery begins. Birchtree would extoll the benefits of this secular bull rally, and scoff at this minor sell off with a 'snort!' :D
 
Just FYI . . . . . (Live at 2:30pm)
Gonna play War Thunder for a while, then I'll check it out.
:nuts:



.
 
So, needless to say that this has been the worst month I've seen in a while, and I'm disgusted with myself for being IN and getting caught. Watching Ira's wrap-up from yesterday https://youtu.be/C-NTg97N-Pc?t=273 , he says that he knows ALOT of people that got caught, so I don't feel TOO bad that I'm the only one. He also says that he's seeing "accumulation" happening (less Bearish) and that he expects to see some sort of Relief Rally happen between now and when the actual first rate hike hits in March. I only hope that he's right so I can bail before then. I just can't afford to do this any more........:embarrest::sick::(
 
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