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#1 zoropb

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Posted 30 November 2018 - 07:25 AM

Good day everyone.  

 

One small change from overnight action puts us at 2700+-5.50.

Spots of potential intra-day bounces:

2723+-2.75

2713.50+-2.75

2700+-5.50 there are a few below but lets not worry about that yet.

 

Further on if that was it for this counter move off 2626 then it will get ugly by next week. As I mentioned last night any tick over yesterday onward toward 2818 and likely over it.  Beyound that I do not see how we can possibbly make a new high over Sept 21. 1 in 10 at best. We will know soon enough. 

 

Best to all today.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#2 12SPX

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Posted 30 November 2018 - 08:46 AM

I agreee except the bulls may keep talking up Trumps meeting as they just did to save the market!



#3 zoropb

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Posted 30 November 2018 - 09:00 AM

The news giveth and the news taketh away.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#4 zoropb

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Posted 30 November 2018 - 10:43 AM

double 48 avg. 45.75


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#5 zoropb

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Posted 30 November 2018 - 10:53 AM

out of 2nd half 44.75 avg. 46.75


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#6 zoropb

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Posted 30 November 2018 - 11:13 AM

Target adjusted 2705.50 +-5.50 and everything else moves up a little. 


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#7 mbeider

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Posted 30 November 2018 - 12:39 PM

Z...   Or anyone else...

Any take on insanely high ES/SPY options premiums for Monday??

TIA



#8 12SPX

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Posted 30 November 2018 - 01:13 PM

Z...   Or anyone else...
Any take on insanely high ES/SPY options premiums for Monday??
TIA

I noticed that, likely a hopeful outcome at the G20 which shouldn't be there so I sold a few 2770's. Likely buy them back soon just in case, premiums will drop lots final hour if market stays flat to down.

#9 zoropb

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Posted 30 November 2018 - 01:49 PM

here we go again.


Love, be kind to one another, seek the truth, walk the narrow path between the ying and the yang.


#10 Waver

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Posted 30 November 2018 - 01:53 PM

Zoro, per your call, new highs mean we go to above 2800 right?