21 replies to this topic

[CLK]

Just like always, they sell it right before cash opens. So what happens is you sell on the open, it goes

down a little more then retests the globex highs, leaving you on the sidelines. And if you don't sell

you risk losing your profit in the event it tries to go for a gap fill. Otherwise if it opened near the highs

you would be confident you got the best price for awhile and could then close and reverse.

Edited by CLK, 24 April 2017 - 08:06 AM.

[CLK]

Tried some stops lately, almost always got stopped and then price reversed. Stops are better later in the day, not early.

[CLK]

Well the 1 minute MACD looks done so maybe we will get a few points of buying. 

[pisces]

 

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...

 

 

I look at it this way : the WINNER is always a SUCCESS whereas the LOOSER is always a FAILURE. each stands on their own..

[CLK]

Premiums were bloated Friday, didn't make much. Closed and reversed to short.

Edited by CLK, 24 April 2017 - 08:40 AM.

[CLK]

Waiting for ES hourly MACD to reset before doing anything now, at least needs to get close to zero, just now crossing down.

[CLK]

Keeping the 237's, bought some 238 Calls, I think they will test the highs again maybe.

[CLK]

So ES gapped and did 6 hrs of nothing, now on the 5th hour from the top, so any time now we could see a run to 2380,

but maybe that's trying to be too precise. IWM looked like it was leading for a fill but recovered, now looks 

to be putting in a ledge, but forget patterns in this environment.

Edited by CLK, 24 April 2017 - 10:42 AM.

[CLK]

Shorted some more.  The quality of the sell from here will indicate if there is more upside or not. I would 

like to see another April 5th type move.

 

Only problem is NYAD is still high.

Edited by CLK, 24 April 2017 - 12:56 PM.

[Charvo]

The VIX beating that happened today was quite significant.  It shows the VIX spike that happened a few days ago still had plenty of energy that hadn't been used up.  With that being said, I think the VIX flattening out here would be interesting.  VIX contango is at 4% while VXX is heading to a new low soon.  I wouldn't be too complacent.

 

I'm long the TLT and it still looks okay from my perspective.