Gotta love ZERO RISK in the SP500 = $$$

[Rickshaw Man]

You can just feel the buyers ready to get long....Hungry buyers ready to pounce at the open.

 

[jasonc]

Woo! quick 40 points on nasdaq! Back to greens!

 

[Rickshaw Man]

Exactly as I thought.

 

[FriskyCat]

I notice the inverted h&s on the 30min ES chart as well. Held a retest of the cash close January highs, did the usual scary fast market type decline yesterday morning and a re-test (inv h&s) earlier this am.

 

[Rickshaw Man]

Yup so easy. Should head even higher.

 

[jasonc]

All it needed was bond markets open, bought more as soon as we hit 7400, leveraged now!

One day i wouldnt mind having long term investments though, I must admit this market seems very bad for long term, buying based on the fact that central banks and governments wont let it drop much.

 

[Rickshaw Man]

Well would you look at that....So easy making this easy money $$$$$$$$$$$$$$

 

[volente_00]

I notice the inverted h&s on the 30min ES chart as well. Held a retest of the cash close January highs, did the usual scary fast market type decline yesterday morning and a re-test (inv h&s) earlier this am.

I notice the inverted h&s on the 30min ES chart as well. Held a retest of the cash close January highs, did the usual scary fast market type decline yesterday morning and a re-test (inv h&s) earlier this am.

What do you see on the 3 month daily dec ES chart on the rise into 2920 ?

 

[Rickshaw Man]

The Dow had been down over 100 but has since recovered and is only down a fraction...Same thing over and over.

 

[FriskyCat]

What do you see on the 3 month daily dec ES chart on the rise into 2920 ?

A Wile E Coyote ledge that would probably become a waterfall decline in years past.

(if you are talking about the SPX/ES high from late January, the re-test yesterday and Friday and the stalling action today)