Will short below SPX 2126.
SPX
#1
Posted 17 October 2016 - 09:46 AM
#2
Posted 17 October 2016 - 12:35 PM
#trade 7 : STOP 2136.1
#3
Posted 17 October 2016 - 02:58 PM
Pullback came on the lightest volume day of the year... that includes some 1/2 day sessions...
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#4
Posted 17 October 2016 - 03:01 PM
Weird market.
Mark S Young
Wall Street Sentiment
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#5
Posted 17 October 2016 - 03:07 PM
Weird market.
I was just about to type that. Pretty wacko !
I think this torture will continue until the elections.
#6
Posted 17 October 2016 - 03:14 PM
That light volume wrecks the odds...
IBM and NFLX reported... Stocks SKYING...
GS tomorrow before the bell.
Smells like Bear Trap.
Ooops... IBM just slipped.
NFLX up 20% on the report...
Ridiculous...
Edited by SemiBizz, 17 October 2016 - 03:17 PM.
Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"
Volume is the only vote that matters... the ultimate sentiment poll.
http://twitter.com/VolumeDynamics http://parler.com/Volumedynamics
#7
Posted 17 October 2016 - 04:06 PM
Drifting with no buy/sell programs, the 'big boys' are not playing this market ..just letting it range.
We'll know when trending move is here... below 2100ES from 9/12 OR above 2175ES ...with
confirming data ( volume, tick etc) ...until the, yep, more of the same I assume.
Today was especially yucky.. again, more a scalper type market I don't like...we 'zigged and zagged' in 5pt type moves all day.
FWIW which is very little, my system has high odds tag of lower hourly BB 2118-2122 SPXCASH tomorrow, then likely we bounce,
I do favor an eventual down side run to 2060 area( then run back to ATH)...but could be we chop around until election...I am a little short in case we
gap down and run under supports ..but since I don't like holding overnight I only do it small size.
Good TRADING to all
Edited by Entropy2.0, 17 October 2016 - 04:09 PM.
#8
Posted 17 October 2016 - 10:30 PM
Just looking for the trend..... No clarification yet....