SOX 1 min spaghetti chart performed to perfection.... stop now 1250...
BULLS 3rd and LONG at their 30-yard line, can they hold on?
#11
Posted 01 May 2018 - 12:11 PM
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#12
Posted 01 May 2018 - 12:15 PM
Anyone else notice the action in former market leader MMM since it broke through 200 day?
DEEP into the crash window now...
Bulls had better hope things like AAPL GOOGL FB and SOX that are right now flirting around their 200 day MAs don't take their cue from 3M....
Edited by K Wave, 01 May 2018 - 12:16 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#13
Posted 01 May 2018 - 12:34 PM
Looking for a bounce here SPX 2628
#14
Posted 01 May 2018 - 12:40 PM
SOX staying persistently green....
Bears with big profits on other indexes today may want to tighten up stops, unless SOX takes out that last swing low in next few minutes...
Just back tested 1250 area again..now we see who wants the ball...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#15
Posted 01 May 2018 - 12:58 PM
What do you think of APPL earnings?
#16
Posted 01 May 2018 - 12:59 PM
Next SPX resistance at 2650/52
#17
Posted 01 May 2018 - 01:09 PM
Wheeee...this is fun. Love these big swings happening so fast...
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#18
Posted 01 May 2018 - 01:13 PM
What do you think of APPL earnings?
They usually surprise upside...
But maybe we get a changeup this time around. Often a big ramp into the "event" like we are seeing now, leads to disappointment afterwards...
But no way I am front running that one...
content to keep scalping today...has been great thus far...
Edited by K Wave, 01 May 2018 - 01:13 PM.
The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy
#19
Posted 01 May 2018 - 01:54 PM
Agree. I may put in a SELL STOP NQ order.
#20
Posted 01 May 2018 - 01:56 PM
SPX rehected at 2650
Must overcome this to get back into bullish mode.
I am looking at NQ 6680/6700 resistance zone