$SPX - Chart Link - I've had a few family
issues to take care of this evening, anyway nice rally, I saw that
nice doji on the 120 min SPX yesterday, was a pretty no brainer
reversion to mean bounce trade.
what's funny is that I actually sent my newsletter out to my
free email list last night and you would not believe how many
people, non members wrote in to support, telling me that I'm crazy,
we are going to sell off to new lows on Tuesday, it's not gonna
bounce LOL. guys telling me the Dow is going to 6200 etc.
whatever
could we give up a lot of the gains, yeah and we've pulled back
already but, to me in the short term it was pretty obvious we would
bounce and we did this in the overnight and into the morning.
now we'll see what goes on rest of day
Bonds up today and a poor, non-exhaustive low in equities.
Risk-shifting doesn't look over. That, of course, can take place
sooner or later, after a lot of short-squeezing for instance.
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SPX 120 min update
Posted by matt on 28th of Jun 2016 at 10:35 am
$SPX - Chart Link - I've had a few family issues to take care of this evening, anyway nice rally, I saw that nice doji on the 120 min SPX yesterday, was a pretty no brainer reversion to mean bounce trade.
SPY Pro Thanks
Posted by bravestar on 28th of Jun 2016 at 11:31 am
Followed the last two SPY Pro trades with good results.
what's funny is that I
Posted by matt on 28th of Jun 2016 at 10:40 am
what's funny is that I actually sent my newsletter out to my free email list last night and you would not believe how many people, non members wrote in to support, telling me that I'm crazy, we are going to sell off to new lows on Tuesday, it's not gonna bounce LOL. guys telling me the Dow is going to 6200 etc. whatever
could we give up a lot of the gains, yeah and we've pulled back already but, to me in the short term it was pretty obvious we would bounce and we did this in the overnight and into the morning. now we'll see what goes on rest of day
Hey Matt, maybe we should
Posted by mp11 on 28th of Jun 2016 at 11:27 am
Hey Matt, maybe we should write an ALGO that works on emotion with that group.
Just look at the vix
Posted by lamb on 28th of Jun 2016 at 10:50 am
the vix is cratering
Bonds up today and a
Posted by a_l_ on 28th of Jun 2016 at 12:29 pm
Bonds up today and a poor, non-exhaustive low in equities. Risk-shifting doesn't look over. That, of course, can take place sooner or later, after a lot of short-squeezing for instance.