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Puked at close Friday all but 1 and bought a weekly call 1690. Double rejection of 1670 and month end bodes well for bulls. The higher the pig gets pumped the harder it will fall.

swing on weekly from mid june shy of the 1650 level. i went light cause it was already through the downtrend line from previous swing high in may to that level.

I have bid in to cover some ES at 1667 given the cleave on daily. Been trying to work this short for days now since I been short from 1650 light :(.

Spot on.

As long as you are ok with missing 30+ pt down move. This is the prob with a market that grinds up slowly like this. It comes out of nowhere and it happens before you realize it.

The patient is not dying, it is already dead. Life support keeps a heart pumping but once you take it off, reality sets in. Could take another 2 years, death by a thousands cuts. I guess Ben thinks that is less painful then pulling the plug. In my opinion, the longer it goes on the more...

Using cash mkt as stop but same area and will widen the stop to avoid the wash out.

megaphone as i understand it is a topping pattern but who the f knows. i am staying short and stopping out above 5/21 high.

Options ex week. SPY open interest on the call side not much up to 170, put side protection starts at 166 and heavier at 165.

Point being it is looking like May until it doesn't. Logic is price action; it is what I am using. 6/18 high is 1648.75. Closing above this tells me has legs to run. Closing below tells me rejection. Not saying it can't or has to do that.

Until it doesn't. Need to close above cash high today for run at new high.

sorry ammo, saw yours after i posted the daily.

SPX daily closed right on trend line. weekly still in downtrend.

Where did u read this? That is who I trade with.

Cannon ball!!!! Right back atcha!!!!

All the above :)

They r trolling the waters for mid summer move.

I still think it goes down after end of quarter. Russ recon + qtr end window dressing may keep the Turd floating one more day. Tomorrow should be wild close.

We close below 1600 today, another rejection of that level.

Don't let this become a habit. If you want to be successful at trading long term you have to accept that losses are all part of the game. If you don't, it will quickly spiral out of control. Take it from me, I made this mistake and it is what ended my full time trade career and forced me back...