DO YOU HAVE 12 years of ARMS & TECH DATA ??
WELL I DO,
and IT COMES IN VERY HANDY WHEN YOU ARE LOOKING FOR the next market move
EMAILED LAST NIGHT after CLOSE
CBOE DATA IS NOT AVAILABLE TILL 5:30 pm
the DAY ENDED NEAR ITS HIGH- BLACK LINE - red line only slightly off track from BLK line
2mRW shows POTENTIAL for OPEN HIGHER before sellers take over.
AS IT HAPPENED the OPEN DROPPED TO FUTURES LOW at 2087 then RALLIED TO 2092 at 10:30 before heading to 2077 at 1pm and 2;15
PC ratios tell me that ANY UPSIDE OPEN, IF WERE LUCKY, IS BEGGING to be SHORTED
I knew I shuold have shorted the IWM after exiting calls, but I also knew I had to go out for the afternoon
HERES WHY shorting looks right-
SPY -1.45 toward teh bearish side
IPC - .37 YOU SEEN the PREV #sTHS was 1.16, and FRi 1.30 making today VERY BEARISH
EPC 66 also bearish was82 & 83
VIX OH BOY-- .09 VERY VERY BEARISH was37 & 35 - last time we got a.17 was JUNE26th and next day DOw was DOWN 350
TPC .56 also bearish
OEX also bearish at 1.26
ACTIV AGREES with selling 2MRW
slight chance of higher open - could be very quickly over
PD - TODAY ENDED up looking like SUNDAY's squares.
2MRW's squares are at a lower level and remain there all day IF USING the RED TIME LINE
and WED RECOVERS but might not start out that way- we'll see what GEO SAYS