It sure is technical, but the counter swings are huge, so have not been very easy for me. I called the 'big picture' for today, but got chopped...
For sure. Still, I imagine the world must have changed some in the last 100 years. But I'm certainly not the fundamentals/economics guy yet.
I did make the comparison with 1987 this weekend. 1929 seems a bit long back to go...
I'm thinking this pullback should stop around 2990/2980 and that we'll make another push with a new HOD into the closing hour/minutes. EDIT: May...
@Buy1Sell2 A huge day up was in the cards today anyway. Might even be the weekly low. Does not mean we're done below on the daily in the weeks...
Floor set, @Buy1Sell2 ? :)
Should be seeing 3035-3050 by the Close.
LOD should be in here, I think.
A strong day up today would be perfectly normal given last week's action. Does not mean it's a bottom.
Is anyone actively trading any of these? Considering adding an European market myself.
So, this week closed down - 11,47 % on SPX. I find that since 1979 - this happened only 4 other times. In other words - quite rare. 3 of those 4...
Follow where, @hafez50 ? Is this on Twitter? I don't even have Twitter. ET is my only source for gossip and trading stuff. :)
Obviously, it's the difference between market and limit orders. The market drops in the absence of liquidity and sellers willing to hit the bid...
These are overnight sessions, right?
Completely nuts. 15 minutes on my faster tick charts look like a very volatile normal full day.
Great job! What were your stops on those two?
I pretty much considered myself done for today, but am watching that 2900 level. If we trade down there and break - I think it's worth risking a...
And now we're 40 points down again. If it's the same pattern as yesterday where we in fact first traded 90 points off the morning lows, we can...
Yeah. About time to start building that floor.
I'm told by many of my friends that certain banks (in Norway) have been sending out 'don't panic' letters today - reminding people of the tax...
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