47 replies to this topic

[CLK]

Market looks like noise. No direction, just churn. Tough holding premium. But, DAX traders have no difficulty, already nearly tested crash lows, enough to cash out and sit back. US markets ? Never.

[NAV]

Sometimes it takes a few shots to get it right.

Yep !

[CLK]

Covered most here. They buy every support.

[CLK]

Looks like inv. H&S back up to 1970. There is no crash potential, they won't allow it, weekly is just trying turn back up. We might get some kind of retest next month, other than that, the downside is cooked until Jan.

Edited by CLK, 23 September 2015 - 12:42 PM.

[TechMan]

Critical session tomorrow. If there's no follow-through selling tomorrow, then it's rally time to 1971. If the selling resumes, then down we go. Took partial profits +15 handles at approx. 1945, but kept most of my long positions in play. Later...

[csw2002]

Critical session tomorrow. If there's no follow-through selling tomorrow, then it's rally time to 1971. If the selling resumes, then down we go. Took partial profits +15 handles at approx. 1945, but kept most of my long positions in play.

Later...

TM, just wondering if you still have 2000 target or that is now revised to 1971. Thanks

[TechMan]

However, I may exit and go to cash tomorrow ahead of my aforementioned concern over the post-holiday Tokyo session.

Tokyo's wreaking havoc as expected. Glad I took some chips off the table today. After 4 days off, there's obviously a lot of catching up (selling) to do. It's down more than 400 points. ES is down about 8 points. Shanghai is up 0.75%.


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TM, just wondering if you still have 2000 target or that is now revised to 1971. Thanks

Before 2000, it has to first overcome 1971.

[TechMan]

As long as there's demand at 1917.50, there's hope of an overnight reversal. Intriguing to see how it had hit that 1917.50 support and bounced right off.

[TechMan]

Sailing through turbulent waters...

It has survived Asia session, and now, after initial selldown, it looks like it may be able to survive Europe session as well.

Edited by TechMan, 24 September 2015 - 03:19 AM.

[kaiser soze]

I disagree. Think there is a big drop coming. The ramp up from 1917 to 1936 looked like a "Short Seller Fumigation" session. I guess we'll see.

Edited by kaiser soze, 24 September 2015 - 04:11 AM.