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Unseasonally BEARISH APRIL? .EARNINGS RALLY?


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#681 K Wave

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Posted 21 April 2023 - 11:32 AM

trannies cracking a bit harder....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#682 K Wave

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Posted 21 April 2023 - 11:32 AM

throwover over 14400 WOULD be a perfect ending there....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#683 K Wave

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Posted 21 April 2023 - 11:35 AM

Trannies bears still in control of longer term as long as below 14400

 

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#684 K Wave

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Posted 21 April 2023 - 11:36 AM

Trannies 30 min as well....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#685 K Wave

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Posted 21 April 2023 - 11:41 AM

This song comes to mind for XRT...

 

'Cause I try and I try and I try.....

 

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#686 K Wave

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Posted 21 April 2023 - 11:45 AM

Rut with 3 min cross...see if bears can hold 1788 and start to run with it....

 


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#687 K Wave

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Posted 21 April 2023 - 11:48 AM

Bulls still defending the line thus far on Utes...

 


Edited by K Wave, 21 April 2023 - 11:48 AM.

The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#688 K Wave

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Posted 21 April 2023 - 12:49 PM

Long live the Wedgie....wow


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#689 12SPX

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Posted 21 April 2023 - 12:49 PM

Short build at 4155 once again....



#690 12SPX

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Posted 21 April 2023 - 12:59 PM

Could you please explain the meaning? Thanks!

Up until last year futures were under the cash market since about 2008 and slowly the spread became closer and closer as we moved along.  They hadn't ever been below the cash market in my entire life of trading so this was strange.  This past year has seen the futures ES go back above cash and gain more and more of a spread.  When we started the current June contract there was about a 32 point range above cash.  This entire April cycle has remained about 30 points above but this past week saw it fall to 25 now around 22 points above cash.  Of course it eventually has to get to the same level as cash level by the June expiration but this was a huge spread and before 2008 was usually always around 10 points above over history so this is another sign of way to much exuberance!!!