Strong bounce today

By the way, looking back on that chart, the OE vol tot had a smoothing filter applied, which is why the curve looks so gaussian.
I added back in the raw bar data including volume spikes. Most notable spike is at 145; this would probably serve to skew the smoothed distribution down a bit, although I haven't done an actual statistical distribution on the data ( envelope shape is based on moving avg smoothing, not gaussian).

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My guess is max pain is somewhere near the 145 spike. Anyone have the number handy?
 

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Quote from Bogan7:

Expect a strong up day especially if market breaks down hard this morning. Not only that look for a potential multi day rally into friday.

Laugh if you like but this market is primed for a good up move buy some calls if you are nervous but get long today especially like i said if the market can break below 1411 in the S&P there is minor support at 1418 as well which if broken may provide a short term resisitance point But should be blown away this afternoon.
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Hhahhaahahahahahaahhaaha. Ahhh....hahhaahahahhaaahahaaha...hehehhehehehe...whew.... ahhhhhhh..hahhahaahahahaahaahaaha--youre killinme ahhh hahhahahahahahaha--made another 28 points on the ES!! ahhahahhaahahahaah this is just too easy!!!!
 
Quote from Spooz Top:

yup............any bounce from here is a gift for shorts....i`m actually hoping for a nice bounce to lay `em out & ride them.....pretty clear cut sell zones above market.
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nice bounce indeed......for the shortys to sell em down..:p :p
 
Quote from islands111:

I think we rally hard today, im talking +40 or +50 on the ES.

I think the downdraft is over.

blackguard
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Are you still looking for investors for your trading fund o great one?
 
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