The only thing the "ending diagonal" is ending is the most
recent high level consolidation. Maybe the maga billions they
are pouring into this market via what god knows type of leverage
multiples are having an effect??
It's OEX tomorrow, so there's a lot of forces at work here
(other than the FED). Right now, that 1340 is a big battle zone for
the ES 1340 future option players and market makers.
SPY -Another 'Ending Diagonal' - LOL!
Posted by saturn6 on 17th of Feb 2011 at 01:57 pm
The only thing the "ending
Posted by john9o9 on 17th of Feb 2011 at 02:19 pm
The only thing the "ending diagonal" is ending is the most recent high level consolidation. Maybe the maga billions they are pouring into this market via what god knows type of leverage multiples are having an effect??
I got a gut feeling...
Posted by saturn6 on 17th of Feb 2011 at 02:22 pm
The bottom will fall out at any minute.
I wouldn't bet on it!
Posted by london on 17th of Feb 2011 at 02:38 pm
I wouldn't bet on it!
if your right
Posted by jasonpuuri on 17th of Feb 2011 at 02:24 pm
i just might have to pay for your next month subscription to breakpoint
Jason - Steady!...LOL!
Posted by saturn6 on 17th of Feb 2011 at 02:27 pm
It's OEX tomorrow, so there's
Posted by cw12 on 17th of Feb 2011 at 02:26 pm
It's OEX tomorrow, so there's a lot of forces at work here (other than the FED). Right now, that 1340 is a big battle zone for the ES 1340 future option players and market makers.
I think that ES 1340
Posted by cw12 on 18th of Feb 2011 at 10:15 am
I think that ES 1340 is going to be a battle zone again today. I'm not expecting a big move today imo. I think it'll come next week.