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#1 CLK

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Posted 23 April 2017 - 05:20 PM

Glad to be long from Friday after a big whipsaw.  Normally I would say they go back and fill the futures gap,

but looks like the weekly just jumped the creek. This whole move just looked corrective

even though I had my doubts. Waterfall declines are nothing but wishful thinking. The market is

just not the same as the last 15 years anymore.



#2 CLK

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Posted 23 April 2017 - 06:05 PM

Futures daily MACD crossed first time since the top. I doubt they give it back. Looking for 2500 over the next month.

Looks similar to the Trump election result lift off.



#3 Charvo

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Posted 23 April 2017 - 06:10 PM

VIX futures tanking bigtime.  It seems like this Macron guy has the edge for round 2.  We'll have to see how the market opens, but this bounce might be more than a bounce.



#4 arbman

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Posted 23 April 2017 - 07:45 PM

VIX futures tanking bigtime.  It seems like this Macron guy has the edge for round 2.


I think it is more about the other candidate's failure than this guy's success...

#5 MikeyG

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Posted 23 April 2017 - 07:50 PM

Health Care is going to be passed, which means tax reform next, futes up BIG LEAGUE!!

 

UP, UP and AWAY!!!! 


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"One soul is worth more than the whole world." 


#6 tommyt

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Posted 23 April 2017 - 10:32 PM

"VIX futures tanking bigtime.  It seems like this Macron guy has the edge for round 2."

 

Really doesnt't matter on the outcome specifics...when premium builds into an event, it has 3 out of 4 chances of being down afterwards. So since there was expectation going into this, then tomorrow if:

 

ES is down > 20....VIX goes up

ES is down 5-7  ... VIX goes down

ES is unch/up small   ..VIX goes down nicely

ES is up good  ...VIX tanks

 

The event risk ends. This trade happens over and over, been trading it for 30 years.


Edited by tommyt, 23 April 2017 - 10:34 PM.


#7 trioderob

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Posted 24 April 2017 - 01:49 AM

this is all about the French election US market will rocket launch 



#8 CLK

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Posted 24 April 2017 - 05:35 AM

I guess most of the board missed this move, very few logging in since last night.



#9 CLK

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Posted 24 April 2017 - 06:05 AM

Having some trouble up here at 2374. I would rather see 2388 before shorting.

A long time until cash opens. if they can hold it, might see 2388.



#10 JamesE

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Posted 24 April 2017 - 06:22 AM

VIX futures tanking bigtime.  It seems like this Macron guy has the edge for round 2.

I think it is more about the other candidate's failure than this guy's success...

To be determined... Trump just schooled everyone on "polls".

Edited by JamesE, 24 April 2017 - 06:24 AM.