now there's a little profit taking
Has to be the plan.
That would imply more buying than selling though and there is scant evidence of that at any time today other than right after the open and right...
Yeah we did that last week though - and the longs got their ass kicked monday. I'm with you - no indication of selling into the close but just...
Trajectory getting quite steep - overbought showing up on multiple instruments and timeframes. If the transports can get stronger here, then I...
Last friday gap fill beckons to be filled.
The ammo may run out soon - though it may take a little higher move first to clear the decks. I am really eyeing the NQ's 200 day ma right around...
The last thrust was stopped dead on at 860.25 - doubt it holds again if it gets tested.
Pennant formation winding up on daily SPX
Not familiar with ORL? care to share what it is?
That is pretty odd but I would imagine unless we are going limit down tomorrow that it is a bad print - it's only one trade on the time and sales...
Lifting some of the hedge here by selling May 900 calls on ES.
Earlier chart updated - perfect touch
GM news - co wont make June 1 1BB debt payment
Y pretty sure it was GS. If this SPY squeeze is true the longs will refuse to sell until they think the squeeze is done - be careful out there.
makes total sense given the action
Yep paying a lot of attention to it as well but I think it needs 800 or so to pan out - more if you include the wick (using the weekly chart) of...
Possible H&S in the works on daily as well as getting close to a test of the breakdown TL.
Don't tell any bullies because they will not care but the utility index made a clear lower low on daily. Cannot be used in lock step but should...
MS with a little egg mcmuffin on the face - going to be interesting.
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