Gotta love ZERO RISK in the SP500 = $$$

[Rickshaw Man]

Oh look the it's almost back to 17600 by the close, just like I said...cha ching $$$$$

 

[Rickshaw Man]

That is what I call stupid easy, just like tonight's overnight rally.

 

[Rickshaw Man]

Buy the cash close people, tonight overnight rally is going to be stupid easy.

 

[Rickshaw Man]

oh shoot i was 7 points off, only made it to 17593, darn.

 

[Rickshaw Man]

Long 5 at 17593 for the stupid easy overnight rally

 

[Rickshaw Man]

So dang easy, stupid easy.

 

[Tavurth]

Bearish still, although I also took a profitable long today. Nice volatility in the markets, looks like everyone is well rested after July 4th

 

[Rickshaw Man]

Ok it's 2:15 cst. Start looking for a lift off the intraday low. YM now sitting at 17535. I expect it to move up to 17600 by the close.

Just like I said,closed just 7 points shy of 17600, i feel like i have my groove back.

 

[romik]

Personally I will only actively short when SPX starts locking below and rejected off monthly 20MA. As it stands, this remains an uptrend with bearish indications which most likely will lead to a retracement/s to averages/support zones that will be scooped up (just like when futures opened on Sunday). I follow an analyst that understands fundamentals and has been right over the last 10 years or so on market direction/s and he is of an opinion that after a possible volatile summer we head for new highs as market simply has no reason to go down.

 

[Rickshaw Man]

I expect the dow mini to run up to 17700 overnight.