hmmm did we really just shoot up into that number before i was even don typing. . . oh well..here we are then with 16453 as support .
Edited by Mr Dev, 16 May 2014 - 02:10 PM.
MARKET THOUGHTS
Started by
Mr Dev
, May 16 2014 02:03 PM
1 reply to this topic
#1
Mr Dev
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Posted 16 May 2014 - 02:03 PM
16484... the magical 2:00 ~ 2:15 push triggered buy signals as intraday internals and the drop in VIX are supporting this start to a move up in price.
although the DOW is on a VST as well as a 30m oscillator buy signal it will see resistance at 16484.
any break above that level that holds would be considered further short term positive.
today we are in a Fell GOOD Friday mode...with Fed Liquidity scheduled for Monday
so short term traders are doing a lil front running and buying into that... imho.
hmmm did we really just shoot up into that number before i was even don typing. . . oh well..here we are then with 16453 as support .
hmmm did we really just shoot up into that number before i was even don typing. . . oh well..here we are then with 16453 as support .
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
#2
Mr Dev
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- Traders-Talk User
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Member
Posted 16 May 2014 - 02:12 PM
ITS amazing what they had to do to the VIX to get these 45 points or +.30% out of the DOW.
VIX now down -6.15% on the day ...just amazin. . . but its how they have to do it.
so VIX now getting a lil over sold... again.
Edited by Mr Dev, 16 May 2014 - 02:12 PM.
.. .. ..
Mr Dev
......trading is basically a simple operation, but you have to be a genius to understand the simplicity.
.....timing,..... is ....everything !
... remember no guessing visit MrDev!
