Just FYI, I try not to pay ANY attention to news, just price.
News has an agenda and wants to sell you emotional currency from
whom I do not know or trust. LNKD could open higher and not care
about the news, just like me. I spent years accepting the seeds of
others' thoughts and it held me back. Now I just look at price to
tell me what the real news is and then I find out what all the
movement is about.
E.g., the dead lows in February came first but not without
evidence of a bounce, then the OPEC news was made available to me
minutes later...
Like $APC $OAS $SWN $WLL — Sketchy with obvious flags (potential
facets) but $USO may bounce off lows and then you MIGHT BE ABLE to
scalp off morning lows
The community is delayed by three days for non registered users.
Recent price action regarding POT & MOS
Posted by zitron on 17th of Apr 2016 at 11:26 am
I only watch ES_F that way there are no questions. You should try it (makes cash look like it's missing something)
$SPX/ES line in the sand
Posted by zitron on 15th of Apr 2016 at 01:38 pm
SPX looks like it is losing support but it won't until the overnight support fails. 2068.50 is support for SPX whether the chart shows it or not (imo)
And there are some people who would disagree with me here. But that's okay because we are all just making decisions with our savings and profits.
VIX up 2.41% and VXX up .06% (supposed to be a 2X vehicle)
VXX Broken by Contango
Posted by zitron on 15th of Apr 2016 at 01:34 pm
Obviously I am bored :)
The lows on ES are 2068.5ish from yesterday. So there is still shelf support there.
$SPX/ES line in the sand
Posted by zitron on 15th of Apr 2016 at 01:30 pm
$ES_F could test 2068 with the intra-day moving averages bearing down on the candles
Posted by zitron on 15th of Apr 2016 at 01:29 pm
Nice opportunity in USO today at support
Crude
Posted by zitron on 15th of Apr 2016 at 01:14 pm
At resistance now in the short term. Options doesn't affect commodities. So I technical analysis better served this trade in this environment.
Wouldn't know, I was just looking to see if the gap held, but it broke below. Next
Trade Ideas: Be Disciplined, Most Important Have Fun and You Will Find Your Ideas
Posted by zitron on 15th of Apr 2016 at 01:06 pm
If you look at CMG today, that was what I was looking for from DDD. But one candle doesn't confirm an overnight hold for me.
Crude has temporarily found support in this area
Crude
Posted by zitron on 15th of Apr 2016 at 11:16 am
TSLA on watch
Posted by zitron on 15th of Apr 2016 at 10:58 am
VIX up .29% and VXX down 1%
VXX Broken by Contango
Posted by zitron on 15th of Apr 2016 at 10:36 am
These are not accurate instruments. With the market near all time highs for the year, the futures are in contango...
VXX Broken by Contango
Posted by zitron on 15th of Apr 2016 at 10:15 am
VIX up 2.11% and VXX up .70%
Take Care
I meant DDD and mentioned, "if gap holds"
Trade Ideas: Be Disciplined, Most Important Have Fun and You Will Find Your Ideas
Posted by zitron on 15th of Apr 2016 at 09:14 am
Crude
Posted by zitron on 15th of Apr 2016 at 08:42 am
$CL_F support = $40.17 - $40.07. If there is positive divergence & you get a trigger, then consider $USO. Also watching O&G plays. Careful!
Thanks, Steve!
Trade Ideas: Be Disciplined, Most Important Have Fun and You Will Find Your Ideas
Posted by zitron on 15th of Apr 2016 at 08:25 am
Just FYI, I try not to pay ANY attention to news, just price. News has an agenda and wants to sell you emotional currency from whom I do not know or trust. LNKD could open higher and not care about the news, just like me. I spent years accepting the seeds of others' thoughts and it held me back. Now I just look at price to tell me what the real news is and then I find out what all the movement is about.
E.g., the dead lows in February came first but not without evidence of a bounce, then the OPEC news was made available to me minutes later...
Disclaimer: Mostly cash on most closes
Trade Ideas: Be Disciplined, Most Important Have Fun and You Will Find Your Ideas
Posted by zitron on 15th of Apr 2016 at 08:13 am
$AAPL
$DDD (if gap holds)
$FEYE
$LNKD
$SHAK
$XBI
Like $APC $OAS $SWN $WLL — Sketchy with obvious flags (potential facets) but $USO may bounce off lows and then you MIGHT BE ABLE to scalp off morning lows
200 SMA on the 15 at $21.37
Gold futures oversold...
Posted by zitron on 14th of Apr 2016 at 12:13 pm
Gold futures oversold...
Posted by zitron on 14th of Apr 2016 at 11:46 am
Looking and watching. GDX near its 9 day EMA... Dust near its gap
OFG could just melt higher today... I don't know...
Posted by zitron on 14th of Apr 2016 at 11:31 am
CMG
Posted by zitron on 14th of Apr 2016 at 10:34 am
IF it can clear 461, I see $10-15 without too much resistance. Gotta clear it though...
RLYP has that look...
Posted by zitron on 14th of Apr 2016 at 10:27 am
We'll see