54 replies to this topic

[CLK]

That 4 point futures gap will be rare not to fill over the next 2 days. Looks like the NAFTA reform

boosted the futures, but now we have an 18 point gap as well as the 4 point and NYAD was not negative

Friday, will keep a watch on that to see how much if any it jumps on the open. An hourly close at 2930 and

it will be the first whipsaw since June.

[CLK]

Is this Russell rebalancing or NAFTA reform hitting them ?

 

I added a st SPY short for the simple fact IWM and internals are dropping.

Edited by CLK, 01 October 2018 - 10:26 AM.

[CLK]

I guess nobody knows what to do now.

[CLK]

Lines are good.  When IWM does what it did today, then most often SPX will too, so gap fill or 2900.

 

Edited by CLK, 01 October 2018 - 11:30 AM.

[CLK]

The range is getting too narrow, you have to fade this market now until that changes.

[CLK]

Closed day short.

 

Back in, for Wed., not done yet, still looks to fill.

Edited by CLK, 01 October 2018 - 01:33 PM.

[CLK]

Oil must by holding SPX up, only a matter of time though, and not much more.

[CLK]

Closed day short again, these ABC's on lower time frames put an end to moves.

[CLK]

That 4 point futures gap will be rare not to fill over the next 2 days. Looks like the NAFTA reform

boosted the futures, but now we have an 18 point gap as well as the 4 point and NYAD was not negative

Friday, will keep a watch on that to see how much if any it jumps on the open. An hourly close at 2930 and

it will be the first whipsaw since June.

 

 

Globex gap filled, all but maybe 0.5 points. They don't leave those open much.

[PrintFaster]

NY Composite Summation Index continues to implode as interest-rate sensitive stocks get hammered.