I didn't think that there were any left...
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
I didn't think that there were any left...
Again, still thinking that without shorts the market is running light in volume and mostly same old funds and large players...no real new investor base here. So shorts have been flushed out and market keeps moving up on lower volume.
Square and Tinder IPOs coming pretty soon. IPOs usually are a good tell of underlying market strength or weakness...so we will watch these two IPOs as indicators
Dollar is definitely going higher and oil lower...I don't know how SPX can keep moving higher in the face of this
Square and Tinder IPOs coming pretty soon. IPOs usually are a good tell of underlying market strength or weakness...so we will watch these two IPOs as indicators
Dollar is definitely going higher and oil lower...I don't know how SPX can keep moving higher in the face of this
still have my stop entry set at 2061 with a stop loss at 2070..if it gets hit I will let it run through NY session till NY close
would not be entirely unexpected for this market to be back at 2110 before fed minutes next wednesday
if that happens, it's a great opportunity to short
if that happens, it's a great opportunity to short
I wouldn't be surprised if the majority of volume there is coming from spread positions.
ES Day Chart
Bulls: Made a peak close to the target of 2150 (W pattern). The bulls are exhausted at these levels after a steep trend with a huge slope. Intermediate term strategy would imply buying the rallies.Hit & run trades are more likely till we violate 2115 and make it to 2150.
Possible trades: Entry range at 2069-2078, SL 2066, Target 2110 and 2150 (trail it)
Bears: According to the text books, a dip to 2019 is highly possible. Visions of panic selling below 1850 are less likely after the strong base formed last month.
Possible trades: Short at 2083-2085, SL 2088, Target 2050 (trail it)
yea, watching the market since you mentioned it few days ago. Looking to make an entry near 1.47 - 1.40 for a bounce. yea, its good volatility and good, high conviction movements
Mostly been positioning for a long play in Euro stocks as we move through Nov and through Dec 16
Last edited:
yea, every time it moves into the 2114 area its good for a nice pull back. Thats what I have been trying to play these past days. Looks like the pull back this time is shallow till Fed minutes