Search results

we could absolutely see some volatility with multiple witching. But i would think it would be subdued before a pop in the vix. thanks for the good point.

Impressive risk/reward on that trade. On the Monday after the biggest government default in 60 years, AAPL has hit another all time high, with the tech indices off for the day, so far. It is interesting to see the DOW diverge from the other indices, and particularly the TRANS. RUT is...

aapl, close to an all time high, if it does, could lead us higher.

Good points, I think we all need a parachute at this time, thanks for the post... The SPX is bouncing with expediency after Tuesday’s shakeout. Most barometer charts are looking similar, within reach of last week’s highs, except for RUT and TRANS, as they appear as if they are...

SPX is having its third down day in a row, and, thus far, support is holding at 1340. The measured move is approximately 38 points from the 2/29 euphoric and window dressing high. ATR5 at the height was approximately 10. Allowing for the usual range expansion in a down market, this 3 day move...

could be. this data is being massaged bigtime as well. Probability of a down week = 50.1% :D

Thanks for all the charts ammo. Have a great weekend everyone. With RUT rolling over, and SPX up 9 of the past 11 weeks, i'm going out on a limb and looking for a down week next week.

Today's chart is looking encouraging for those hoping for a top of this extended move due to the lack of a new high on 3/1, and so far on 3/2. This would quickly change with a new high for the year. The length of the move, although steeper, is similar in distance to the two extended moves in...

Right, main report is usually delayed a week when the first Friday is on the first of the month. We didn't receive a rest day, we received a down day.

Today, the COMP turned on a dime at 3000.11 and the broader markets headed lower, along with EUR/USD, GLD and SLV. DJ30 hit a new yearly high but the chart continues to flatten out. The same is true for the SPX, as on a weekly chart the index appears to rolling out of the channel it has been...

we can thank the crude drop for this pop higher.

Paulson lost 50%, that oughta make just about anyone feel good about themselves.

Once again buyers jump in at a mild sign of weakness. Although this market could move higher, the reality is, this is a great place to get short, as the longs of deep pockets take their needed time to liquidate at these levels. The challenge is, so many managers are underperforming the broad...

when it does roll over it will likely be a large bar but an extended move would not be needed for the market to take a breather. always enjoy your input LC.

market has half an eye on aapl retesting 525 high.

Yesterday's steep ascent from the day's low is further evidence of the dips being aggressively bought. ATR5 levels have cratered, coinciding with the collapsing vix. The spread between 10 x’s the spy and spx is now close to 3 points. This divergence could mean those who are late to the...

I agree ammo. Now that Greece has been partially used to move markets higher the news recently is not quite as rosy. DJ30 is flirting with 13,000 again and leading the markets higher. DJ20 appears to have rolled over, moving under the 50dma, and approaching support of 5070. The NDX has...

Agreed, interesting that the trans are diverging. If the index is truly leading, and it continues to roll over, there may be a breather now that Dow 13,000 has once again been breached. Call options are not responding aggressively to today's move suggesting enthusiasm coming out of the market...

Got an email from ET stating there was a new post on this thread, unfortunately that person is on ignore so i can't see it. Have a great Friday.

Channel remains in tact.