10 replies to this topic

[CLK]

So is this it at support or are we looking at a 40 point gap down ?

 

If it's a gap down like that then I can't believe it wouldn't be a buy.

[CLK]

I think that's it for today, got a 15 min. buy and shorted it. 

[CLK]

Gap down reversals like today are usually bullish for the following day, but tomorrow is turnaround Tuesday,

so does today actually count as an up day and tomorrow tests the low or more ? There is no official buy on the daily yet

so this could be nothing more than a retrace.

[CLK]

The futures owe cash five points upside after spending half the night going up, so if we open flat expect that first,

if a big gap down then at least an attempt at a good bounce that will not fill this time and most likely new lows.

They won't give you the same trade twice in a row.

[CLK]

I'm not much for ewave, but if wave 1 was last Tuesday's impulse down then yesterday completed

I guess, wave 2 with an abc with truncated c. So this would be wave 3 down starting today, we could be seeing 40+

down by eod, especially since it's Tuesday.

[CLK]

Futures gave cash 5 points and then some. So everything looks bullish, however the 10 point overnight drop could

show up again in cash late day. Turnaround Tues. could cancel that out though.

[CLK]

I hope this is the pullback I am looking for.

[CLK]

And there is the globex sell this morning, they waited until the end.

Globex is a road map for cash if you read it right.

Edited by CLK, 28 March 2017 - 03:05 PM.

[CLK]

Futures flat overnight, enjoy the same. I'll be taking losses in OTMs today.

[CLK]

Looking for a big Friday for a change, expecting 238 SPY all based on ES patterns.