A powerful Monthly gap down is a prize that the F'eds cannot afford to hand to the bears here...
All major gaps filled now except for SPX...
They want to see if people want to short into that mystery...
Posted 01 June 2016 - 10:10 AM
A powerful Monthly gap down is a prize that the F'eds cannot afford to hand to the bears here...
All major gaps filled now except for SPX...
They want to see if people want to short into that mystery...
Posted 01 June 2016 - 11:28 AM
SPX mystery filled...
I tellya, this game never changes... these bear-trapping biatchesss down at the F'ed n' Friendz...
Same old, same old.
Posted 01 June 2016 - 01:36 PM
Semi -
it is a lower low and lower high though - looking like a channel down?
Posted 01 June 2016 - 02:14 PM
Semi -
it is a lower low and lower high though - looking like a channel down?
Day isn't over yet...Current intraday SPX high is consistent with retest...
Nasdaq is higher high and higher low...
And probable megaphone - broadening top IMO...
Edited by SemiBizz, 01 June 2016 - 02:14 PM.
Posted 01 June 2016 - 04:36 PM
Posted 02 June 2016 - 04:45 AM
Position Update:
Short Average now Improved to Full position @ 2099 cash level. closed my long from yesterday bought at 2086 at the close at the 2099 level -)
Crude trying another retest of the ceiling.
Dow weakness is very telling, although I am open to us distributing around here till opex.....
...shoes need to drop before they give up 2085....I suspect the anticipated June rate rise may be the catalyst
Posted 03 June 2016 - 05:39 AM
Position Update:
Full Position: Average cash entry price 2101 equivalent to the rising 5dma; this makes me a little uncomfortable going into another weekend at swing hghs.
However, we are at major resistance 2105-2116 and the futures remain flat and in a tight range ahed of the monthly jobs report. Stop@ 2116 risking 15 points.
Gap and crap would be probable, but gap down and go would be delicious!
http://money.cnn.com...x.html?iid=Lead
Posted 05 June 2016 - 01:55 PM
Posted 06 June 2016 - 01:44 PM
Might want to consider raising that stop to 2114 close...
As you know these things like to trade and test old volume events.
Right here the SPX is in a 2090.32 - 2113.92 range from 3/20/2015 OPEX
A day of blowout volumes
And here we are again.. 2113.36 intraday high...
Posted 06 June 2016 - 05:44 PM