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And here comes the next short squeeze ...

If you're right about that, you're a genius. My guess -- we're going to spike ... massively

this is an inverted crash. fascinating. does anyone have memory of a rise this vertiginous?

Game plan -- Gap fill by close then ... ?

1330 bot again ... by the bots .... i guess the memo said, "no breakdown out of friday's value area."

More striking ... NDX is UP, SPX is UP while $DJT is DOWN, $SOX is DOWN, $VIX is UP, and breadth is negative huh.

1330 is being defended by large orders every time it's touched. That makes sense -- easy to keep the market up under low volume conditions such as these. To that end, I wonder if this is the launch pad for the next leg up ...

really??? well, i certainly respect your experience with the whole option-pinning thing but for the life of me i can't see how you're getting this ... looks to me like major put support starts at about 130 and major call resistance at about 131 ... what am i not seeing here?

I'm seeing 130 magnet for the current month. What makes you say 135?

I think of H&S as belonging to the category of "rough carpentry." Are you saying that the right and left shoulders must line up within a point or so? I agree with you: I don't see a H&S scenario playing out here. But I fail to see how the NDX analysis you cite necessarily advances this view.

Now HERE'S your right shoulder, Mr Chan

a lot of right shoulder to be formed first ...

plan on going short at 1340

You may now all go long. The bull has, at last, stirred.

Wasn't talking thinking of you actually, but ok ...

I feel like the tone on this board took a hard turn the other day, with the sudden appearance of several new posters, all of whom have appear to be quite new to E.T. Any chance it's really just one person with multiple aliases?

Volente is one of the most stalwart, thoughtful, and generous contributors on this site. I have nothing but respect for his methodological discipline. Moreover, I have never seen him taunt other contributors about "taking" money from them -- specious talk anyway, unless somehow one knows...

I think I'm going to stop posting now as, for some reason, the moderator keeps removing my posts. It's been fun, folks. Adieu.

There was something strange about yesterday's close as well. We hit a new low, but breadth -- measured by adv-decl and up-dn volume on both NYSE/AMEX and NASDAQ -- was positive, while breadth measured in the same way on SP500 and NAS100 was positive until 3:45 before following the futures hard...

My impression is that pre-opex reversals, IF they happen, happen on the Wednesday or Thursday before opex. On the other hand, triple-witching opex can amplify an already-existing trend.