If we lose 55.25 we test 26 if that goes...things could get a bit ugly for the up vote.
11/27
Started by
zoropb
, Nov 27 2018 07:22 AM
24 replies to this topic
#11
zoropb
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Posted 27 November 2018 - 10:31 AM
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#12
redfoliage2
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Posted 27 November 2018 - 10:38 AM
In the current market with liquidity dried up you don't need a lot of money to push the market around (via index futures) like a toy. So expect volatility to remain high..........
Edited by redfoliage2, 27 November 2018 - 10:47 AM.
#13
zoropb
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Posted 27 November 2018 - 10:46 AM
Im counting on it red. At least until the balance restores itself :-)
If we get over 76 after this dip then we are headed for those upper numbers and I will bail and re-enter higher.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#14
risk_management
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Posted 27 November 2018 - 10:48 AM
Zoro, you are such a delight and a gentleman.
#15
zoropb
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Posted 27 November 2018 - 11:11 AM
Risk M Thank you for such nice words and taking the time to post them. The pleasure is mine.
Im still in, not convinced yet but the pattern fits better if we took it up a bit. Everything so far has been quickened in a sense. We did pretty much the minimum for up and time. All them points below are very tempting to stay in, so I probably will.
Ideal would of been say 2695 more or less and peak in aftrhrs tonight.
Edited by zoropb, 27 November 2018 - 11:12 AM.
Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.
#16
Waver
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Posted 27 November 2018 - 12:37 PM
The entire rally/bounce from last week has been so Corrective and labored. Breadth continues to lag big time too.
Got to believe the next big move is down.
Just a matter of when.
Got to believe the next big move is down.
Just a matter of when.
#17
redfoliage2
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Posted 27 November 2018 - 01:13 PM
It's going to resolve down in the afternoon...............
#18
relax
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Posted 27 November 2018 - 01:43 PM
december 5 spy 272 options bought today in size, seems like that could be the move from friday until mid next week
#19
K Wave
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Posted 27 November 2018 - 02:51 PM
After 2 successful back tests of key 10,400 level, Trannies trying to crack through 10,500.
IF they are successful later today of tomorrow...bear's window may slam shut....
But, if they now take out 10,400 again, still 1400 point drop potentially out there...guessing tomorrow is decision day...time clock running out fast for bears...
Edited by K Wave, 27 November 2018 - 02:51 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
#20
relax
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Posted 27 November 2018 - 03:11 PM
Sorry K but "crucial" and "time running out" is simply something ES bots do not have in their vocabulary/programming
they have ultimate stamina, will wear humans down and will go for the least obvious
they will always find some time if necessary ;-)
Edited by relax, 27 November 2018 - 03:12 PM.
