40 replies to this topic

[opinionated]

Not an encouraging day, Market is balanced on a high Volume node. Expect chop with a test of over night high 1867.50 if can't hold above 1865 then possible test of 1855 area. If 1866 does hold after the first 15 minutes the possible test of 1875.50 But balance day consolidation would not be a bad thing. In short flat and watching my Bull/Bear line is 1855 Gun to my head test ON highs and rotate down towards 1855 But watch Naz leading/following

Edited by opinionated, 10 April 2014 - 08:28 AM.

[zoropb]

Up first likely to Kraken land then chop.

[zoropb]

Sitting nothing exciting yet.

[opinionated]

Me to, If we do not regain 65 after 15 min then test of my pivot at 55 is coming (IMO) No edge here... Book ends 55.50 and 67.50

Edited by opinionated, 10 April 2014 - 08:38 AM.

[opinionated]

Bingo, 9:44 65.50 Now if going down, the tell will be test the ON high, then trade back under 1866.25 targets 1855.50 with stop at 1867 Not sure I'll take it.

Edited by opinionated, 10 April 2014 - 08:46 AM.

[zoropb]

I am not trusting it yet.

[opinionated]

No edge chop fest... Don't trust short until 67.50 is tested and fails. Watching the flowers grow

[opinionated]

3565 pivot on nq

[zoropb]

really strange tape here. This is the area it needs to take off 1860ish if not things get complicated.

[K Wave]

looking out just a bit longer... IF that key reversal was the real deal, this is the area the bounce back should stall out, and we should soon start to turn back down and then finally take out 1830-40 area.... Failure to take out that zone within next few days would probably mean bullz still have the ball... but if that area does get taken out, then brutish part of decline could get under way... Reloaded shorts overnight, and was looking for one more pop this AM to lever up a bit more, but we may not get it...