Jay, I agree that a down day (possibily a lot) tomorrow is likely.Especially if 1103 holds as resistance in the morning.
Bears continue to get slaughtered in this market. Next stop s&p 1200
I went short 1097 missed a few point but we should start going down shortly big drop coming in the morning will gap down at the open then up all day i hope i'm awake to get out of my shorts and go long at 1080 or so whatever the bottom of the wave looks like...
everything points to us being in "A" of wave 2 up now. the feb 1st cycle low may be the "B" low and up for "C" into red dragon leo's feb 9th top. shouldnt see 1082 again for a while...
I have to believe this wave down is just late i thought it would happen overnight looks like its going to carry over into the trading hours like Jay's chart shows...still short from 1197
So we should expect a down day?I was thinking we would counter rally to either 1103 or beyond
im thinking this may be european markets helping take this down,ill look to long sometime around euro close.got to be honest,i wasnt expecting this lol.
haha, i'm quite convinced by jay's chart after seeing the trade earlier.went short @ 109.21 SPY
out of shorts at 1086.75 flat
Jays chart says slight rebound then down again
long futes 1087.25 time for the upside
where are we now on jay's chart?
out of longs flat i think i'm done for the day not getting a good read on direction
ok long es 1083.25
ok in my ira bought tna 39.64
i'm making a killing here.All thanks to JayCheerios!
congrats Linton Jays the best!
Hooray for Linton andanyone else who caughtthis down legBTW,THe BEST IS YET TO COMEwhatever we get today will be EXACERBATED TomrrowJay
was short from 1102.5 last night but stopped out at 1099Now long at 1178Atilla is long now FWIW. He has been making good calls lately.RRman you are great.
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