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c'mon man, you can't let it touch your price twice and not take it! edit: but good trade anyway, at least YOU were in it ;-)

Not that I would know, but I don't see any signs of any "professional" buying up here (not yet anyway)... so I'm calling "BS" on the longs up here.

jeez what a bunch of absolute bull shit this is...

This volume is embarrassing.

looking to buy 84.50 if stars say so

lol yes of course

I want to get long, but I have not seen enough big footprints here to make me want to join.

nice one

ATR over what period?

spx filled yesterday's gap (to close) http://screencast.com/t/gr9nZCKxmmc Key resistance, IMO, at 92.65

Thanks, and also thanks for sharing your frustrations so that I can learn.. Understood; the market has made me yearn for a 12 point range day. Can you imagine? Sheesh..

Would your bottom channel be around 83 right now, and your steeper channel at 85?

You say that like it's incorrect or "bad." Besides, it makes the reader use twice the brain power to parse it; it's a challenge :)

Indeed sir, that is a distinct possibility.

I would think a final test of 82 would not be unrealistic, if we are to head up to 90s and 1300s.

So that I may learn, where did you get suckered into s/r trades? Of course since you have blown some steam and relaxed now, ignore this if it interrupts your "flow" :)

trading smack in the middle of the upper distribution. Weekly profile (for this week) on the left. VAH is the green line and black arrow extended. We are pushing against it, and if we can break through to the other side it may be all downhill from there (meaning, price up :D )...

And for a time-based perspective: looks like a bull flag to me. Buyers clearly established their desire to buy above last week's high, twice very clearly, at 82 and again later at 84, their footprints are easy to see. However, they have not yet really taken the bull by the horns (pun...

My guess is that the market will not do anything outside of the current day's range until beige book. It will sucker in as many people as possible to establish a position, and then it will break out, probably taking out as many on both sides as possible. That's the script I would write if I...

It's entirely possible we will stay in this 83 to 86 range now for another 1.5 hours until beige book at 2pm. Would the market break one direction first before that information? Maybe but is it likely to be a real break? Probably not, IMO. What do you think guys?