25 replies to this topic

[redfoliage2]

BTW, tomorrow is the last trading day for current quarter index futures an future options.  The market could go up 20 points or down 20 points.  It's really a toss......

[redfoliage2]

It will be interesting to see how they will spin tomorrow.............

Edited by redfoliage2, 14 September 2016 - 09:41 PM.

[Bernie]

That seems to be a bit of a stretch... After the watergate break in consolidation. Which was only about 6 months. Dow pretty much went parabolic for 10-15% into 1973.
But I agree always looking both way's. Intermediate and longterm indicators are still bullish. The daily will give you whiplash...LOl

[redfoliage2]

AAPL keeping NQ elevated, but if 4740 goes now, bears could take the ball back....

NQ went above 4740 overnight and I see it is looking to test 4770 today or Friday..........

Edited by redfoliage2, 15 September 2016 - 06:18 AM.

[redfoliage2]

the overnight bounce in the index futures looks failing again .......

Edited by redfoliage2, 15 September 2016 - 07:57 AM.

[redfoliage2]

Update:

The signal is currently in Neutral mode.........

Edited by redfoliage2, 15 September 2016 - 08:41 AM.

[redfoliage2]

Bond rates flying again today. 

Edited by redfoliage2, 15 September 2016 - 09:06 AM.

[K Wave]

 

AAPL keeping NQ elevated, but if 4740 goes now, bears could take the ball back....

NQ went above 4740 overnight and I see it is looking to test 4770 today or Friday..........

 

Yep, beeeeutiful pivot action around 4740 in the wee hours this AM....long there looking for nice ride today.....

 

see no reason to short at this point unless NQ takes out NQ 4740 again

[redfoliage2]

But this bounce is a little weird though.  Let's see if it can stay in the afternoon.............

[K Wave]

But this bounce is a little weird though.  Let's see if it can stay in the afternoon.............

Yeh, VIX action definitely "off" thus far.

 Maybe as the ramp slows down, VIX will start to react in a more "normal" way...