RedDragonLeo - Latest Comments

Re: ES Morning Update December 6th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Red Dragon Leo — Wed, 07 Dec 2016 09:44:59 -0000

Certainly marijuana has been on fire, but I don't follow them enough to buy any stock. As for the interest rate hike... yeah, it does seem priced in. So the best I could see is some fast 15-20 point squeeze higher on that day and then top out, thereby allowing a pullback into Christmas and the Santa rally right after that.

Re: ES Morning Update December 6th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Scott Gifford — Tue, 06 Dec 2016 15:15:03 -0000

I think we're still in digest mode from yesterday. Yes the DOW is up 17
and the S&P has gained 4, but the volume is low and they're looking
at that all time high and trying to gather a base to push up from.

I am not 100% sure they can do it however. Next week we're going to get
our next interest rate hike and as much as it's priced in... I think it
might cap us off for a bit.

I am adding more NGBL and BLOZF (all marijuana) 2017 is going to be great!

Re: Morning Update November 23rd 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Red Dragon Leo — Fri, 25 Nov 2016 12:25:30 -0000

Thanks San...

Re: Morning Update November 23rd 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

SAN — Thu, 24 Nov 2016 07:06:39 -0000

Mother is the only one who wants the best for their Children. Hope you stay strong RED so that her soul can rest in peace.

Re: ES Morning Update September 30th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Red Dragon Leo — Fri, 30 Sep 2016 11:34:36 -0000

You're setup... check your email for login details.

Re: ES Morning Update September 30th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Rob — Fri, 30 Sep 2016 11:19:21 -0000

Thank you very much!

Re: ES Morning Update September 30th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Red Dragon Leo — Fri, 30 Sep 2016 11:05:07 -0000

Good question Rob... I guess I never covered that as I just didn't see it very likely in the technical analysis of the charts, or the various wave counts. However, if it dropped suddenly today and went below 2135 I'd say it's some kind of wave 3 down that might not stop until it hits 2110 or even 2100.

I have a 3rd Scenario (S3) chart that I posted in the chatroom just now, and your case for a move down below 2135 would be a 4th Scenario. I doubt if I'll do a chart on it though as currently we are rallying and in either S1, S2, or S3.

If you would like to come into the chatroom you'll see the extra charts that I add throughout most everyday as the morning update is of course subject to change as new things happen.

Disqus commenting system of course lets me know whenever someone makes a new comment by emailing me. They also tell me your email that you used to sign up with them to get your Disqus account.

So, if that is your primary email I can set you up with free membership to my chatroom if you want to join and see my other charts and updates? If not, then you can email me your main email that you want me to use to setup your free account. (this assumes you want access to the chatroom?).

My email is of course "Red (at) RedDragonLeo (dot) com"

Re: ES Morning Update September 30th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Rob — Fri, 30 Sep 2016 09:53:06 -0000

What happens if it closes under 2135 today?

Re: ES Morning Update September 9th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Red Dragon Leo — Sat, 10 Sep 2016 10:29:47 -0000

Ugly day for the bulls Scott, and another trick that SkyNet played on the bears not letting them short it. In the old days the market had valleys and mountains that could be navigated but now it's just flat land for days and days and days and then a "fall off a cliff" day. P.S. We miss you in the chatrooom... good guys there.

Re: ES Morning Update September 9th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Scott Gifford — Fri, 09 Sep 2016 14:50:57 -0000

2141.50 and going lower !!! How low can we go, maybe 2120 or even lower to 1890

Re: Tech Companies Apple, Twitter, Google, and Instagram Collude to Defeat Trump | Red Dragon Leo - Stock Market Trading on the Darkside

SAN — Sat, 13 Aug 2016 22:43:52 -0000

CRUDE Oil weekend update: http://niftychartsandpatter...

Re: Democratic Platform Calls for Carbon Tax – Just Like Matt Taibbi Spoke About Several Years Ago

SAN — Sun, 31 Jul 2016 22:12:00 -0000

CRUDE Oil chart update: http://niftychartsandpatter...

Re: ES Morning Update July 29th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Red Dragon Leo — Sun, 31 Jul 2016 12:56:28 -0000

The problem though is that we really do need change... not the kind that Obummer gave us, which was nothing good but instead we got Obamacare, we all know that's a disaster.

And we don't want the kind Trump will give us either... at least I don't. He's too much of a wildcard. But Hillary is massive criminal of the worst kind. She's in bed with the vampire Rothschilds, the most evil family on the planet I think.

So basically we don't have any choices. I'm tired of the status quo as we need to get free energy and real cures out there... which have been around for the last hundred years or more. We need some big changes and Hillary certainly won't do it. And I don't think Trump will do it either as he's too focused on making money for himself.

That leaves us with no choices, which is exactly how the elite that run the world want it to be. They created the two party system because it is much easier to control only two sides versus ten or twenty. If you look closely you'll notice that most everything in this "duality world" is setup to give us sheep just two choices.

We need some real choices and we don't have any. And I don't think we'll find anyone that isn't bought and paid for (or at least "controlled") by the elite in some form or another. For all we know Trump might be a plant by the elite? They might have picked him just to trick the public into thinking they have a choice that offers them real change? I just don't know for sure?

It's certainly common for the elite to trick the public by putting down one side to get the public upset enough to vote for the other side... knowing full well that "they" control both sides. This keeps the "illusion" of the public having a "choice"... which we really never do.

Then there's the "planned" stock market crash for later this year or sometime in 2017 (I don't know which for sure, but it's coming soon). One of these two choices for puppet of THE UNITED STATES OF AMERICA INCORPORATED will be blamed for this massive crash... which one I don't know?

I used too get all emotional about who I wanted for President as well Jz... but since I learned it doesn't matter (as it's all rigged and controlled) I just stop caring. Until some other party has a shot at winning it just seems pointless to vote. I've been both Dem. and Rep. over the last 30 years of my voting life and I just was a dumb sucker wasting my time going to the voting place.

Anyway, my point being is that I understand how you or anyone can get very supportive of one side and negative toward the other... as I've done it too! The propaganda machine does a great job of getting people all fired up for one of the gangsters they are promoting, but I now know better as in the end you have but two choices... Satan or Lucifer.

Re: ES Morning Update July 29th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Jz McGriggs — Sun, 31 Jul 2016 02:07:52 -0000

Sorry for the attack. Hillary is a corrupt career politician, but at least she will retain the status quo, while we figure out a better answer to our political quagmire. Trump is trying to pull the con of the century by stealing the Presidency with lies, hate, and fear mongering. He is a true sociopath with ZERO integrity. So he is VERY unpredictable. The potential for disaster on so many fronts is mind boggling. I've never had a politician scare the shit out of me before, but this lunatic does.

Re: ES Morning Update July 29th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Red Dragon Leo — Fri, 29 Jul 2016 13:39:32 -0000

"Hate filled, fear mongering, greedy, corrupt ..." is the reason I don't support Trump. But Killary is much worst and needs to be in jail for all the crimes she did. I'm sure Donald has done crimes too, and you don't get to be a Billionaire without doing something illegal, but he's still the lessor of the two evils in my opinion.

Ron Paul is who I like but he's not running again and wouldn't stand a chance if he did. You certainly have the right to you're own opinion, just as I do... but attacking me isn't the answer. We don't have but 2 choices and both are worthless.

Re: ES Morning Update July 29th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Jz McGriggs — Fri, 29 Jul 2016 10:37:50 -0000

You call Trump the lessor of two evils. Turns out your one of the those who believes the Sociopath should be in the Oval Office. Hate filled, fear mongering, greedy, corrupt Republican party has become a disgrace to America and everything it stands for.

Re: Fed Says Risks Have Diminished as It Leaves Rate Unchanged | Red Dragon Leo - Stock Market Trading on the Darkside

SAN — Thu, 28 Jul 2016 06:33:52 -0000

ES Charts: http://niftychartsandpatter...

Re: China Bans Internet News Reporting as Media Crackdown Widens | Red Dragon Leo - Stock Market Trading on the Darkside

SAN — Wed, 27 Jul 2016 13:35:37 -0000

Crude oil chart analysis: http://niftychartsandpatter...

Re: Oliver Stone: Pokemon Go is a new stage in “Totalitarism” and “Surveillance Capitalism”

SAN — Wed, 27 Jul 2016 12:00:50 -0000

This is the 3rd attempt at 200 SMA. Apple bulls has hope if daily manages to close above this Moving average.

Re: Oliver Stone: Pokemon Go is a new stage in “Totalitarism” and “Surveillance Capitalism”

Red Dragon Leo — Wed, 27 Jul 2016 10:27:53 -0000

Nice charts on Apple San... I didn't see those lines until you drew them. Thanks. I think it's topped as the overall market is likely topped as well, so the odds look slim to me for Apple busting through that overhead resistance.

Re: Oliver Stone: Pokemon Go is a new stage in “Totalitarism” and “Surveillance Capitalism”

SAN — Wed, 27 Jul 2016 10:14:38 -0000

APPLE Chart analysis: http://niftychartsandpatter...

Re: ES Morning Update July 8th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Red Dragon Leo — Sun, 10 Jul 2016 20:29:50 -0000

Yes, it might take several weeks to happen but I do think we'll hit that 185 SPY print before the crash. Maybe that's our bounce level and then the flush out is the Aug/Sept crash?

Re: ES Morning Update July 8th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

noonereallyknows — Sun, 10 Jul 2016 20:22:49 -0000

Thanks. I'm expecting the gap at spy 185ish to get filled before new highs.

Re: ES Morning Update July 8th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

Red Dragon Leo — Sun, 10 Jul 2016 19:58:17 -0000

I think the high is in, or will be later this week after an early dip and 2nd try to push through to new all time highs on the cash indexes (futures already did put in new all time highs on the DOW and S&P500).

I'm looking for several weeks of selling to follow (don't have any downside target), maybe another "lower high" rally and then of course a August/September crash. After the crash end though we could (should) have another massive rally into 2017... that will likely reach 2300 SPX or so before the next crash happens.

Re: ES Morning Update July 8th 2016 | Red Dragon Leo - Stock Market Trading on the Darkside

noonereallyknows — Sat, 09 Jul 2016 14:02:52 -0000

Hi Red, has anything changed for your view as at Friday's close on s&p? Thank in advance