S&P Futures Opens Down 20 Points!

schizo · Jan 30, 2020

_eug_ said:
Can also say we just formed an upside down C&H on 4 H....

Pretty ugly looking cup, but a cup nonetheless.

SunTrader · Jan 30, 2020

Overnight said:
I don't get how you figure the SP will be going up like 18% in a month. Nonsensical. There is nothing left to drive the market that far in such a short amount of time. 2, weeks, 4 weeks, even 12 weeks.

Can I ask why are you bothering to reply to such idiocy? They, whoever they may be, are on my "list" long ago. I prefer not to encourage them.

KCalhoun · Jan 30, 2020

bulls r dead... i rebuilt my winning short/inverse positions, up $ today so far.

using tight stops tho in case mkt bounces

schizo · Jan 30, 2020

Somebody's desperate. Kicking higher.

schizo · Jan 30, 2020

schizo said:
Somebody's desperate. Kicking higher.

Don't tell me that was merely a short-covering rally. *Gulp*

schizo · Jan 30, 2020

KCalhoun said:
bulls r dead... i rebuilt my winning short/inverse positions, up $ today so far.

using tight stops tho in case mkt bounces

View attachment 218096

Hey buddy, it turns out the bulls are not dead. I hope you covered your shorts early.

schizo · Jan 31, 2020

At this juncture in time, it would be safer to go long than short, but should we open lower and close below 3233 then we can go much lower next week. Overnight trading doesn't look very promising. Hopefully we can stay above yesterday's open. Nevertheless, happy trading all the same.

_eug_ · Jan 31, 2020

_eug_ said:
Imo short term resistance is between 94 and 96.

Ding ding ding

But must have been the news since TA doesn't work

easymon1 · Jan 31, 2020

KCalhoun · Jan 31, 2020

I'm up over 1k today yay bears!