the country code ZA is in Africa, so even Africa like to trade U.S stock mkt, lol

but if it can pass that line, next is 750/760

I see the same, I have R2 resistance at 744 on ES

Matt, Steve, and others, am I the only one here feel/see this mkt is going to fall anytime from here to 740 area. I cleared out all my long positions now and waiting to short if either 740 or 730. am I right?

there are negative divergence here and again 730-735 area provide strong resistance. if spx unable to close above 730, I'd think a of 4 is completeing here.

Steve, lots of negative divergence in spx intra day charts, should we expect mid-day weakness?

people jump in calls, this maybe the problem that mkt just can not go further north

http://www.ise.com/WebForm/md_ise_sentiment_index_stats_hp.aspx

Thanks Matt, I go for TS. working on acct application now.

By the way, for full Moon, here is the free letter I got from. they calling full moon low this time, hope it works

http://astrocycle.net/ Mar 6_ 17.php

Hi, Matt and others

I currently have an account at InteractiveBrokers (IB), I am having problems on charting and save charts.

I am thinking about switch to another broker, I also need a better way that I can report TAX easily. The following 3 are popular these days, would like to hear your opition which one would you prefer? I trade stocks, options, and futures, I only a small fish, only $50K cash in hand.

Tradestation, Thinkorswim, OptionXpress 

Thanks a lot! -Yan 

Matt, what do you think long gold/gld here at 910/905 area, with risk of 5-10 points. on $USD pulling back

No, don't get into trouble with FXI puts, China is the stronest mkt in this world now.

Matt, take a look at FCX Apr 35C volume and open interest, this one is hedge funds favorate

Even MTM won't help much down the road, I am basically a big bear, but this is the bounce I'd like to play as well.

ES pivots for tomorrow 3/3, now it is trading between H3 and Pivot

R2: 740.6
R1: 722.9
H3: 713.4
Pivot: 710.8
L3: 697.0
S1: 693.2
L4: 688.9
S2: 681.1

I am expecting a gap up open instead of gap down open.

I see only 2 possibilities here, both point to high close tomorrow. SPX either gap up open, or open between 690-700, and close higher near 720.

what if we have a gap up open? all ES needs is 712 to trigger short covering

it will break, just not sure which side it will break, breadth is poor, volume on down side is much higher than upside.

Matt, Steve,

do you think the positive divergence on 5 and 10 min spy charts will play out after lunch time? ES needs 800+ for sure, or it cam continue slide down

building a bear flag now

2/18

Second Post: Thanks Steve and Matt for your hard work, have a great 2009 and we all make it better than 2008. Thanks again! -y