Thanks... I jumped on this!

ROKU

Posted by deep on 15th of Jan 2019 at 12:15 pm

Thanks... I jumped on this!  Riding up to 2627 on SnP.

USO spike down

Posted by deep on 14th of Jan 2019 at 02:26 pm

USO spike down

Well that didn't happen but if we giddyup we may be able to make it green and put some more lipstick on this bull...er pig.

If pattern holds we go down one more time to 2582-2583 and then rally up...let's c.

Looks like the machines are

Posted by deep on 11th of Jan 2019 at 01:17 pm

Looks like the machines are on the same programs as yesterday.  How low did we go before it recovered and ended up ?

Would love to see it

SPX 15 min MA ribbon

Posted by deep on 11th of Jan 2019 at 11:43 am

Would love to see it chop lower into late afternoon followed by a big pop to close at 2630.  That would be a spectacular setup... alas we'll probably just chop in the rectangular box that Steve drew and have to keep guessing over the weekend.

Been getting grinded in the

Posted by deep on 10th of Jan 2019 at 02:56 pm

Been getting grinded in the chop.  It seems to me we continue to  chop and retest this 2590-2600 resistance.  After a few retests (which I think we've now had over the past few days) we should break through up to the 61.8 retrace around 2630 since so many of the moves in the past few months have gone to the 61.8 ... and no one seems to care that earnings are going to miss... retail already missed, aaple cutting prices, list goes on. 

Exited my longs at 2575

Posted by deep on 8th of Jan 2019 at 10:04 am

Exited my longs at 2575 (Including NFLX which was awesome-Thank you!).  Also took a short on the SPY and BA at the same time.  This SPY pattern was exactly the 2nd dotted line that Steve had mapped out so far ... I'm hoping we turn red today in lieu of turn around Tuesday and then we may chop a little higher through the week.  If we do turn red, what is a good support range on the S&P on the daily ?

Please let us know how

Market Indexes potential doji's

Posted by deep on 24th of Dec 2018 at 10:52 am

Please let us know how they look in a couple hours, could shape what we see into the year end.

Thanks - good target.. if

Daily Index coments

Posted by deep on 20th of Dec 2018 at 11:38 am

Thanks - good target.. if not today, maybe tomorrow.

Where is Jan low on

Daily Index coments

Posted by deep on 20th of Dec 2018 at 11:34 am

Where is Jan low on QQQs ?

Sometimes ? ;)  Initial move

GDX and gold big reversal

Posted by deep on 19th of Dec 2018 at 02:29 pm

Sometimes ? ;)  Initial move down should result in the long awaited Santa Rally... let's see.

Those shorts from last night

Posted by deep on 18th of Dec 2018 at 03:00 pm

Those shorts from last night are acting right, let's see if they can continue into the close.  MCD, AMD, WYNN...

Very nice charts.  I'll be shorting a couple of these on strength tomorrow but can't chase these down.  With the media now starting to get negative and the VIX now starting to get some juice (starting is key word) and the overall picture looking so ripe for a sustained bounce (it's certainly coming but could be 2 weeks out) it seems to me that most are expecting too much from the Fed.  In my opinion, the only thing that starts a sustainable uptrend now is NO HIKE - If we get that then there's your trigger.  Hike plus a million doves however may be very short lived.  Remember the initial move (30 mins to 2 hrs) after Fed is likely the opposite for the next day (or 2) anyway.  Seems like max pain would be to catch long chasers and pummel into year end and get the VIx up to where it belongs.

Over time or before year end ... typically ?

Answer:  During the middle of December (these are weekly stats)

Here comes the flash or

SPX 5

Posted by deep on 4th of Jun 2010 at 02:54 pm

Here comes the flash or the 3PM 1065 bounce...  Steve, if we bounce of 1065 where is the daily resistance ?

Covered 2/3 so far, plan to try to cover 80% and hold 20%....depending on whether we drop to 1065...if we do then I expect a bounce on Monday and will close all.

Anyone wanna call the close ?

Posted by deep on 4th of Jun 2010 at 02:11 pm

So much for 1074 support...  Euro will face resistance at 1.20.  Short of a flashcrash repeat I'm thinking a short covering rally will start at 3 which will then be sold off again into the close back to 1073 or 1065.  The question then becomes will Europe do something this weekend...doubt it.  NFLX h&s is starting to look real good...the only strange thing is the financials holding up.  Any thoughts on why GS and financials are showing relative strength ?

TSX in Canada is closed.

Question

Posted by deep on 21st of May 2010 at 02:02 pm

TSX in Canada is closed.

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