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Possible ST TOP.....


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#1 dTraderB

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Posted 10 June 2019 - 11:51 AM

forming now. Could take a few hours. Will be invalidated if SPX closes above 2908

 

Watch the VIX vs SPX chart on an hourly basis

 

 



#2 blustar

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Posted 10 June 2019 - 12:06 PM

I have a top today too


Blessings,

 

blu

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#3 dTraderB

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Posted 10 June 2019 - 01:15 PM

I have a top today too

 

a few others also share that opinion:

 

Douglas KassVerified account @DougKass
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I usually fall right on my butt but sometimes I pinpoint a rare trading opportunity to the "darkside." And, yes, I am making another Ludicris Forecast that the market could reverse lower today - based in large measure that the threat of a tariff hike for Mexico was invented by

11:11 AM - 10 Jun 2019 from Manhattan, NY


#4 dTraderB

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Posted 10 June 2019 - 01:16 PM

Douglas KassVerified account @DougKass
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On @realmoney un 10, 2019 | 02:04 PM EDT DOUG KASS

Another Ludicris Forecast * Because there was "little there there" to justify today's market ramp Those that have been around for a while know that I occasionally make a Ludicrus Forecast (of a market reversal).

11:11 AM - 10 Jun 2019 from Manhattan, NY


#5 dTraderB

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Posted 10 June 2019 - 01:17 PM

I am fixated on that VIX vs SPX hourly chart

 

SPX up

VIX up



#6 hhh

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Posted 10 June 2019 - 01:19 PM

What's ludicrous is that despite two attempts to spell it, he failed. rolleyes.gif



#7 dTraderB

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Posted 10 June 2019 - 01:20 PM

Let's wait on the 3 to 4pm hour to see if the bulls can kill this pullback



#8 redfoliage2

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Posted 10 June 2019 - 02:33 PM

Let's see when all those recent gaps get filled...............................



#9 dTraderB

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Posted 10 June 2019 - 03:40 PM

Just for info, not correcting anyone, no offense meant.

 

Doug has used the word "Ludicrus" many times in his twitter feed. 

 "ludicrous" is derived from the Latin word "ludicrus"  and some even pronounce "ludicrous" as "ludicrus" 

 

ludicrous
/ (ˈluːdɪkrəs) /
adjective
absurd or incongruous to the point of provoking ridicule or laughter
DERIVED FORMSludicrouslyadverbludicrousnessnoun
WORD ORIGIN FOR LUDICROUS
C17: from Latin lūdicrus done in sport, from lūdus game; related to lūdere to play


#10 hhh

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Posted 10 June 2019 - 03:42 PM

I think the rapper spells it "Ludacris."