$SPX - Chart Link - pattern to monitor,
everyone expecting it to crash into the close to make a new low and
it could, or it could fake people out and break out of this.
I said as much in the newsletter that I thought we could bounce
as well as below with the charts I posted quite a bit earlier, look
at the 2 hr chart below with the doji very extended below it's 9
EMA, the CPCE etc, anyway listen to the newsletter
Posted by stevieb294 on 28th of Jun 2016 at 07:45 am
...and a sophisticated one.
Thought this was interesting too, ala Steve's observation of
last week:
Kit Juckes, strategist at Societe Generale, said in a note on
Tuesday. "There's a pattern for Monday mornings to extend moves of
the previous week before Tuesday sees everyone take stock," he
added.
VXX 5 min
Posted by matt on 27th of Jun 2016 at 02:50 pm
VXX - Chart Link
Update: VXX 5 min
Posted by matt on 27th of Jun 2016 at 03:01 pm
$SPX - Chart Link - pattern to monitor, everyone expecting it to crash into the close to make a new low and it could, or it could fake people out and break out of this.
anyway ugly day
Climbing after hours
Posted by lamb on 27th of Jun 2016 at 08:28 pm
maybe will come back down tues
I said as much in
Posted by matt on 27th of Jun 2016 at 09:31 pm
I said as much in the newsletter that I thought we could bounce as well as below with the charts I posted quite a bit earlier, look at the 2 hr chart below with the doji very extended below it's 9 EMA, the CPCE etc, anyway listen to the newsletter
Bulls don't want these bounces
Posted by a_l_ on 27th of Jun 2016 at 09:43 pm
Bulls don't want these bounces overnight, as they work off some of the short-in-the-hole positions on low volume.
Good point,
Posted by stevieb294 on 28th of Jun 2016 at 07:45 am
...and a sophisticated one.
Thought this was interesting too, ala Steve's observation of last week:
Kit Juckes, strategist at Societe Generale, said in a note on Tuesday. "There's a pattern for Monday mornings to extend moves of the previous week before Tuesday sees everyone take stock," he added.
Update: Update: VXX 5 min
Posted by matt on 27th of Jun 2016 at 03:37 pm
$SPX - Chart Link - updated 5 min - as I said below, I was watching to see if this could try and break up instead