Tomorrow will be a very good day...
- Thread starter SoyUnGanador
- Start date
do you trade options? or teach options?
There's a reason they're called "witching" days.
I'm on team notagain! 
But seriously, notagain, might you explain that chart to me and how you came up with the its at support conclusion? What is the blue line? Is that not supposed to be the support line? And is not the NQ below that line - would it now show that the NQ has blown through it to the downside, thus a bear sign rather than a bull (support) sign? Maybe the key is that purple dotted line below the NQ price - what is that line?
Thanks, and I hope you are right LOL.
But seriously, notagain, might you explain that chart to me and how you came up with the its at support conclusion? What is the blue line? Is that not supposed to be the support line? And is not the NQ below that line - would it now show that the NQ has blown through it to the downside, thus a bear sign rather than a bull (support) sign? Maybe the key is that purple dotted line below the NQ price - what is that line?
Thanks, and I hope you are right LOL.
Looks like the blue line is a 200 week SMA. I have never studied a 200-week MA, but it could be valid. I have seen other pundits out there starting to mention it now with more frequency.
Love this type of stockmarket where trades are plentiful. Huge opportunity to make huge sums in a short period of time.