187 replies to this topic

[K Wave]

Like I said on Friday the move back below 1535 on RUT was No Bueno.

 

Now the the DOW has gapped below the super important Yellow Line, after a huge divergence at the recent high...as momo continues to deteriorate...

 

As long as it remains below that line, we are now in the most dangerous territory since February......careful out there....

 

 

 

 

[K Wave]

This could end up being absolutely brutal day in the Trannies....waaaaayyyy overextended there...

[K Wave]

RUT back below daily 900 after rally failure on the bounce attempt....after failing to punch through the MASSIVE pivot at 1600...

 

If we close below 1500 today, rollercoaster's tail car may have just come over the top.....

 

[12SPX]

Well sometimes its nice being on holidays lol!  Was taken out on my 3310 profit stop yesterday at 3311 for a 1 point profit and then since we were out enjoying Victoria decided to wait till now and I slept so my first long here is 3250 so well see how this goes for the rest of the day!!  

[dTraderB]

closed some qqq and spy puts  - limits orders on "radical" spikes down as 123SPX would describe it 

 

adding to nq daytrading LONG positions to nullify hedge nq longs

 

will reopen some PUTS on any bounce

 

may add more xlf and bac to LT portfolio but later in day or if SPX drops by more than 150 points  (could happen anytime!)

[12SPX]

Profit stop 3251, will be right back in lower if hit, love sell offs like this lol!!  

[12SPX]

Nice 1 point profit and back in at 3245, love sell offs and round numbers, long at 3245, profit stop 3246!  

[12SPX]

And out again for another one point profit, long build at 3240 see how that goes!  

[K Wave]

Trannies getting slaughtered....if that pivot at 11k area goes, could get super ugly today there....

[12SPX]

Average long now 3235.....