Utter scumbags, look at what's happening in Asian open. Mean reversion towards the close and on low volume, taking it back to low end of range.
FOMC tomorrow
- Thread starter Jdesey
- Start date
Yeah -- that low volume thing? "Pffffft." Drops on volume spell an agenda to watch. Drops on no volume spell boredom, and Buy-the-dip types.
It's 10:15am ET as I write this, and the TRIN is moderately bearish at 1.25. My read right now is, ±1% SPX for the next week -- 2440 down to 2400.
It's 10:15am ET as I write this, and the TRIN is moderately bearish at 1.25. My read right now is, ±1% SPX for the next week -- 2440 down to 2400.
Unless counter party risk manifests. It's a step up consolidate and step up again. Looks like SP keeps going higher.
2436 seems to be the pivot. It's all about the degree of deviation and whether your entry leverage can handle the deviation.
2436 seems to be the pivot. It's all about the degree of deviation and whether your entry leverage can handle the deviation.
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Your giving away your secrets.
