27 replies to this topic

[redfoliage2]

"Going to be a gap up tomorrow morning .................."

 

Nailed it Red... currently indicating a gap up of -296.75 points.

This was an FF as in a quadruple OPEX week anything unexpected can happen.  I'd not be surprised if we see a sudden reversal before 10 am tomorrow.................

Edited by redfoliage2, 17 September 2020 - 09:13 AM.

[K Wave]

Trannies got the obligatory bounce to unch area....now we see....

[.Blizzard]

Waves?  Of course the market always goes up and down for a reason but waves.  Just a quadruple witching for the futures and options expiration maneuver.  By next week or even Friday you may see it "wave" up..................

eehhmmm......

 

 

Expect SPX to take out 3430 today ............

 

 

So far it looks that the market is expecting the Fed not going to be helpful this time and so traders are betting market to tank post the Fed meeting around 2 pm.  It this is the case looking for support at 3380

Edited by .Blizzard, 17 September 2020 - 09:30 AM.

[.Blizzard]

 

GS Says Correction Over SPX 3600...................................wow

[LMF]

The TQQQ 5 min buy signal was yesterday 3 hours into the session. Then they blow it down to get inventory most of the time. These signals have reversed but its rare.

[slupert]

Two major problems, no stimulus deal, and the boyz are still holding a lot of over priced tech. Relevance? Its the end of quarter and they have to send that quarterly letter to their investors. they will dump the beta, and won't buy back in until sfter the quarter is over, good bye 100PE garbage. (JMHO)

[K Wave]

Trannies still holding up fairly well..

 

if bears do not attack pretty soon there, then the evening star scenario may go by the wayside....

[LMF]

CNN greedo is gonna have to deteriorate down into the 30s if theres downside that sticks......not yet. Buy it today.

[andr99]

Waves?  Of course the market always goes up and down for a reason but waves.  Just a quadruple witching for the futures and options expiration maneuver.  By next week or even Friday you may see it "wave" up..................

 

don' t worry, elliottists eventually will find the correct wave count, but only after one thousand wrong counts that explain that anyone sees what he wants when he counts 

[K Wave]

Trannies stating to falter just a bit....back below 11540 is where trouble could start....