for the longs, keep an eye on gs, they have resistance at 177.60, they got as hi as 7740,and pulled back, leading the xlf ,which pulled back to its supp at 16.35 area and bounced
for the longs, keep an eye on gs, they have resistance at 177.60, they got as hi as 7740,and pulled back, leading the xlf ,which pulled back to its supp at 16.35 area and bounced
i wonder if i should write a review on global futures. they couldnt help me setup their strategy runner demo and blame the problem on my computer 3 yrs ago.
The bounce off that trendline bodes well for longs in this market. I second F on his call.
Put your stop below the trend, and watch if it breaks it w/ force or its just a quickie shakeout.
VOL, With 9 days till expiration, do u see 120 spy getting tagged? OR is mother market trying to screw both longs and shorts in the option market?
vol has stated in the past, they need to get it up to sell the calls and down to sell the puts, then bring it back to reality and let the premium come in...over simplified ,starting on 3 /22 the spy low was 115.20 and yesterday,s high, 119.20, so the mean would be 117.20