i sure hope your right. all of this govt manipulation is mind boggling. they really need to let the mkt alone but i know that they wont.:D
mkt seems to be shrugging off the bad news?
my stop was too tight. got stopped out for a 5 point loss.
wow looks like we will be breaking into the 700's after all. short ticket working @ 864.75 with a 5 point stop and a intitial target of 825.:D
idunno this has the makings of an orderly sell off. looks like the same trade setup as last week. the first trade will be a retracement buy....
i'm sorry i don't see your gap? yesterdays $SPX close = 908.11 todays $SPX open = 895.22 todays $SPX High = 896.30 the cash did not close...
like i said we did not have a rally because the cash was leading the way up/sideways. futures mkt continued the overbought range sell off....
we need to see the cash move ahead below the futures if we are going to sell off hard. if not we will trade sideways until the close.
we only ran up to intraday resistance at 896.50 unless we trade up from this on a 15min bar close i don't see it being sustained. in order to...
remember about what i said earlier about the charts being off. well what you see is not really whats going to happen. the only way we see a rally...
aight boyz i'm back i told ya something did not seem right to me. i don't trust this price action. this has all of the earmarks of a HARD...
Good morning, ok, due to the lock limit move in the futures this morning the intraday charts are difficult to read. However, the 60 min chart...
heres what i just posted in another thread.
to be honest all bets are off this morning. this is setting up to be the most volatile trading session of all time. we could see a total market...
Major support at: Thursday 10 October 2002 @ 768.63 $SPX cash low. If we break that and close below it then there is NO SUPPORT UNTIL...
Looks like i missed a nice run to the downside today. I'm just getting back and looks like the mkt decided to test those overnight highs one more...
Thanks:) I have to get ready to leave for the Doctors now. However I'd like to post my setups for today. Perhaps this might help someone? I...
BTW current resistance is at 897
I don't want to seem like a party pooper but this has the makings of another strong downtrending day. we could very well take out the 10-day low....
i should know better. even the best of us are vulnerable to making rookie mistakes from time to time.
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