Flash crash low/ Feb low should off some support, SPX 1040-60. No bullish divergences yet, in fact, todays M Osc made a new low...which is hard to do at those low levels. The summation is gapping large, Fib your bull is on the edge if we go any lower. Wasn't Terry's date tomorrow the 20th, and NOW he is going to turn more bearish? SPX and RUT options expire on the open, could be a wild affair:
#1
#2
first flash crash, what is this one called?
Started by
tommyt
, May 20 2010 08:39 PM
2 replies to this topic
#2
TechMan
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Posted 20 May 2010 - 08:59 PM
first flash crash, what is this one called?
#3
diogenes227
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Posted 20 May 2010 - 09:01 PM
I think this one is called "THE RETEST."
Trouble is every test in the market is pass/fail. 
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
