SPX 60

    Posted by steve on 14th of Feb 2023 at 01:18 pm

    $SPX - Chart Link- the decline off the 4195 looks corrective  4195-4088-4177-4061 

    Potential IHS pattern 

    Let's go baby... up up

    Posted by fredsaid on 14th of Feb 2023 at 02:04 pm

    Let's go baby... up up and away !

    It might still need a

    Posted by kevindeng0727 on 14th of Feb 2023 at 02:24 pm

    It might still need a smaller c wave down. Left shoulder right now seems much more complex than right shoulder

    Ya maybe into close or

    Posted by fredsaid on 14th of Feb 2023 at 02:32 pm

    Ya maybe into close or tomorrow am.  I opened a 410-415 spread position when we were at 410 for next week and will add on weakness.  Short CAT, Long MNST, SPY and QQQs.  Any notable earnings tonight/tomorrow ?

    $CPC also helping. Over 1

    Posted by kevindeng0727 on 14th of Feb 2023 at 03:09 pm

    $CPC also helping. Over 1 today. Either way we go higher think.

    It does seems that way.

    Posted by DigiNomad on 14th of Feb 2023 at 03:10 pm

    It does seems that way. I'm keeping a lot of powder dry because it's going to be an epic short opportunity if/when this next push up plays out. 

    SPX  1 min -  any

    Posted by DigiNomad on 14th of Feb 2023 at 01:19 pm

    SPX  1 min -  any idea what caused that gap to print 2 minutes ago?

    Yes Fedspeak (Harkin) was talking

    Posted by steve on 14th of Feb 2023 at 01:22 pm

    Yes Fedspeak (Harkin) was talking - this is a very thin market 

    Thanks, Steve. Crazy thin -

    Posted by DigiNomad on 14th of Feb 2023 at 01:23 pm

    Thanks, Steve. Crazy thin - not often you see an intraday gap on a major index. 

    I was thinking maybe 0TE

    Posted by kevindeng0727 on 14th of Feb 2023 at 02:48 pm

    I was thinking maybe 0TE options added to this short term volatility. Really need fast fingers these days. I got good sleep last night and took 2 cups of coffee in the morning so did very well today... Last thursday I was a bit under the weather and got trapped in the gap and reverse lol.

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