Search results

There's a lot of talk about how fast a market sells off, but damn, we got some fast and violent rallies too. While there's always action both ways these days, I'm generally always more nervous staying in a short than staying in a long.

Great call! I hope you traded it. Too wild for me, so only watching.

I initially thought news myself, but maybe there's simply a lot of resting orders and otherwise interest around the 3K level. Just a thought. On the contrary - there wasn't anything magic about the 3K level when we took it out from below earlier this week.

I suppose 3K won't be given up without a fight.

Or 27,50 points in 4 minutes. Still crazy volatile this market.

16 points pop in one minute. Nice.

Generally, when a level breaks, you'd like to see some follow through. That didn't happen so far. Always nice when a level holds to the tick, but often it's more like a zone. 3015 is a key level on higher time frames, so they might bid it back up from here. But it's too uncertain for me, so...

Agreed. 15 is the key level that must hold here. If that one breaks - 3000 easily. Trying to put in a bottom above yesterday's LOD here. I'm still bullish.

Thanks. Most likely - we have the LOD set here and should trade back up into yesterday's range from here, but most likely not above. I'm thinking at least from 3045 from here. Scratch that if we trade down to 3020 and that does not hold. I generally aim to trade based on probabilities and...

Wamboozled? :)

Might go as low as 3015 or so. But primarily stalking a long entry here as long as shit don't hits the fan.

If the 3020 area holds on the Open - it should be a decent intraday long.

I thought I was Giovanni. I'm Hafez too? :) Hard to keep track of all my multiple aliases.

Well, you failed there since you don't seem to have our entire history, but that's besides the point. Publicly bragging about ignoring someone, yet reading that person's posts and continuing to quote said person while still having him on ignore is beyond weird and easily loser behavior. FWIW -...

Nice try, but I don't think destriero will stop blocking you now. LOL.

Does anyone know why that loser destriero have me blocked, yet seems to read my posts and quotes me? Weird.

We're still well up on the week and the market closed down only 0,16 % today after three consecutive higher highs. I think there's still another push left in this market, but I do think a sell is setting up in this area eventually.

Interesting close. With yesterday's Outside Day we have two fairly uncommon patterns back to back here. Been a few of them lately.

Best of luck, @sstheo ! :)

3129 by tomorrow's Close, yes? Barring a strong sell today - I don't see why not. EDIT: A bit of a stretch, but I have my eyes on that as an outlier target for this week.