42 replies to this topic

[NAV]

I hate these goddamn fast markets. I ain't that fast.

[opinionated]

Techman, Be careful. Good luck!

Thanks, bud.

Looks like opinionated's right on it again. There were signs indicating the beginning of the reversal around 1153 area.

Still looking and waiting for the signals to pull the trigger...

Firstly 1163 was not a target, but a price print along the way. Neither was 1153 a beginning of a reversal. It was another price print along the way.

BTW, what made you change your plans of buying the gap ?

Price print?

My target was 1163 since monday. I revised when opening below and took first long at 1152 /es. stopped out 1148 /es re-entered long at 1135 area and looking for test of TL break at 1160-2 /es to reshort.

[TechMan]

1153 looked good, but that got taken out just like that. 1138 looked so bad that there's almost no signs of life Looked like it's crashing, but it's holding up just fine so far. Things aren't what they appear to be today.

[jdjimenez]

I hate these goddamn fast markets. I ain't that fast.

Agree with that statement!

JDJ

[opinionated]

Numbers is 1155 now to exit longs (Moving Target) SPX

[TechMan]

Firstly 1163 was not a target, but a price print along the way. Neither was 1153 a beginning of a reversal. It was another price print along the way.

BTW, what made you change your plans of buying the gap ?

1163 was opinionated's target that he had stated a few times.

At 1153, some of the risky assets started to reverse, but that got reversed faster than I could write and post that comment. Those were the "signs" I was looking at.

There were pretty prominent positive divergences in the closing data in both the AH and the RTH sessions yesterday. And, despite the bearish price action over the past 2 days, some of the risk on/off switches like AUD/CHF cross had shown widening gap of positive divergence.

[dasein]

Nav - we are all getting older - I was out and didnt get back here til it was all over at 10am+ - Don had it right yesterday, but I was sure the opex was going to pressure to the upside:( dont think this is shenanigans, think this is real and another 200 spx points to go...

[opinionated]

Trying to build a base on the 5m its make or break right here for my 1155 number. Stop 1135 /es

[NAV]

Nav - we are all getting older - I was out and didnt get back here til it was all over at 10am+ - Don had it right yesterday, but I was sure the opex was going to pressure to the upside:(

dont think this is shenanigans, think this is real and another 200 spx points to go...

Gosh, my son was 2 year old when i started posting on this site. Now he's 10. As i watch him grow, i sure do feel i am growing older.

[IndexTrader]

Trying to build a base on the 5m its make or break right here for my 1155 number. Stop 1135 /es

Building a base on a 5 minute chart with 90 stocks up on the NYSE is a tough road to hoe.

IT