seriously annoying market behaviour this week(for me anyway)no reason at all to jump 30pts from 1144,only to kill stops above the last high,pinged em(mine included) and precedes to sell off 40pts is my account being monitored? lol
I have been trading the first week of Feb this year fractal. So far, today is the same as 2/5 implying Monday will be down until about noon. Also, the Feb pattern is about 90 days from this weeks action.
Next week is OPEX and yesterday was the New Moon. My bet is the same as Jay's, ..., one kick but rally beginning sometime Monday into Thursday. Statistically the Friday of OPEX weeks have been down from the prior Thursday.
I wont be available in the AM
22 comments:
so far its setting up for monday gap up
will not be surprised if we close around 116
seriously annoying market behaviour this week(for me anyway)no reason at all to jump 30pts from 1144,only to kill stops above the last high,pinged em(mine included) and precedes to sell off 40pts is my account being monitored? lol
gap fill in process
so far they cancelled monday gap up
Damn I sold my IWM puts way too early!!!
Spx numbers seem to gel
check this out
1220 - 1066 = 154 pts
40x 4 = 160 - darn close
1066 + 120 could have gotten
to 1186, but didnt
1174 - 40 = 1134
1134- 40 = 1095= the 200 day level
1095-40= 1055 almost on May 6th
Computer glitch or not
the SPX got to where it was supposed to go one way or another
1134 is broken, thus we might look at 1095 as important support
Jay
agree Jay
my FAZ/TZA/VIX doing great.
not VIX but VXX I meant to say
I have been trading the first week of Feb this year fractal. So far, today is the same as 2/5 implying Monday will be down until about noon. Also, the Feb pattern is about 90 days from this weeks action.
Next week is OPEX and yesterday was the New Moon. My bet is the same as Jay's, ..., one kick but rally beginning sometime Monday into Thursday. Statistically the Friday of OPEX weeks have been down from the prior Thursday.
Jay - pls can you share what is monday looking like ?
Agree with KC
Monday is looking DOWn
60bars @ 1;30
90bars at 4pm
62%/ 13 day at 11:13
Uncertain energy at 1:14pm
an initial Low could occur
between 11am and 1pm
European problems end when they close at about 11am to noon
and then we will probably coast the rest of the day
GET READY FOR TUESDAY
HIGH ENERGY
Resolve recent $ problems
expect a winning day
Jay
I am out of TZA. Still leaving FAZ & VXX for next Monday???
There are OBVIOUSLY
investors who KNOW that
Monday WILL NOT BE A GOOD day
and as of 3;20, the selling could intensify since 258bars was at 3pm, and appears did NOT establish a pivot
On RARE occasions, 258bars is passed over for the larger cycle of 329 bars due on Monday also near noon to 1pm
Jay
Now you see that I mentioned a POINT OF PANIC
DID NOT MEAN AN Immediate COLLAPSE
on the 13th , but as we readily see, it DID mean the START OF SOMETHING BIG
Some of you read the word ""PANIC""
and expected an immediate crash
prophecy doesnt work that way
Jay
Jay
Looks like gap up monday
Jay - thanks for clarifying - repenting sellin my puts EOD yest .. thought the panic ended with yest itself .... :)
Reza - what do u look for to predict gap up / gap down days ?
Trend is down, looks like gap up
Long DRN & TNA for next week. Closed out FAZ, TZA & TYP.
As Kip mentioned, interests for OPEX are at SPX 119 level.
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