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Wiseman, You playing it for new highs? Vol....how about those SPY put open interest @ 115. You don't see the market putting a smile on their faces?

No doubt a lot of traders have left. As for today, I'm looking for directional bet and I'm asking myself if I see 1200 b4 I see 1170. Insights and analysis are welcomed

I see that. TF is also flirting dangerously with it's uptrend. I have been playing that line for a while. If it breaks, then there's trouble.

I agree, they don't come in here, I'll put my bear suit on again.

If buyers step in now, this plays out.

Next stop 88 if this plays

Let them bring the charge first, then there will be a fight.

Wat was that volume spike about with no move in price. Any insights?

Isn't there a lot of open interest @ spy 115? What are you seeing in the options market? Thanks

I don't see any trade here yet. I had an order @ 82. but now, I'm gonna play the break out if it happens, and not a second before that

If we're going to move up, we gotta run stops first and shake out the weak hands. I am looking for 1195 today. Let's see if we get it. However, if we head to 1178 again w/o a strong bounce, I'll be looking for 1170 easy.

Thanks. Triple tops rarely ever hold, bottom rarely do too, but they happen more than tops. In the event that either holds, the flip trade is good as gold.

I don't believe in triple bottoms. If we proceed towards 78 again, I will position short.

I agree. I was just about to send my order in for 84 long when i saw the big drop. I'm sitting on my itchy fingers for now.

Which gap?

Darn this ratings agencies! WTH!!

Did it really?

Ok buyers need to step in now. She can get ugly