Not that face again spy! da boys will be back from lunch soon to get you back green

this is my sentiment as well. Alot can happen btw now and when the FOMC next week. imo next leg down will happen before then. or atleast half a leg. then we can load calls cause the great Y will speak of no hike. Wait for that finally to die down jump back to LT p's. But if it was all so easy ...

yup watch for the pm vxx epic fail as well.

def not missing out on the plunge. you will prob get your fills today!

Awesomness!

same thoughts when i read it as well.

FWIW the RUT 2000 broke its support in the bearflag could get ugly. If small caps go....

that would be pivot around the neckline of hns pattern i mentioned yesterday on the 60 min. If that breaks we could see another leg down imo.

60 min
ADX bearish and widening
MACD crossed over 0 line bearish.
BB is spreading after being tight.

None of the indicators are decisively strong so would be easy to push in the other direction if it holds support if that is there game plan.

GM traders. question have any of you used options house? if so what are your thoughts? thanks

Good points risk. Follow up tomorrow. Btw spy had news today! Did anyone catch it nooo cause they left out the ticker haha didnt want to send algo into berzerk dump mode with this little bit from bloomberg.

http://www.bloomberg.com/news/articles/2015-09-10/fund-flow-volatility-deepens-as-s-p-500-etf-loses-10-billion

Traders market now to a certain degree so getting in an out is smart. But i think to myself if i would have closed my puts the friday before aug 24 i would really be kicking myself. Slow stoch on the daily has been weaving and currently pointed up after all never went back to overbought. But the short term occilators are whipsawing so i say f it. Im holding solid position in puts. And i think its worth the risk. Think only way to make money on calls is a gap up clearing over hurdles as spy does. Will see gl in the morning bud.

Another green day with lower volume then previous. Gap up n crap again.

Lol sure did good call eod rally. Just seems excessive all that fighting to get over resistance and lose it with no fight. Run on stops?

starting to rally as most indicators take a bearish turn, dont go into the light!

S3! deng brother. like n your steeze

adx and macd on 60min are starting to confirm,, Oh yes it is what i smell it is.

HA!

ha now that is clever.

I dont know maybe they can bid whack over support again and head 198:P

meant resistance u got me yo

LOL

exactly light vol day.. easily pushed around.

the smell might be more then we can bear.

I think she is toast ladies and gents.

spot on.

Think spy is going to make a big move very soon, BB band is tight on 60 min chart. i cant confirm direction but the head n shoulders pattern withen the bear pennant is formed on the hourly.

word on the block SPY has an extra large shipment of diapers scheduled for delivery tomorrow.

blue horshoe loves diapers.

This is an outrage! You're out of line Gekko!

I feel this all leading up to a perfect deep oversold condition where yellen come to the mic. Says those magic words that will make the market go insane for about week or two. Talking heads will eat it up too. See we told u all along buy the dip!

Mad money is a rerun tonight its a sign of the times. Jim cramer heading for fallout shelter lol.

Say it aint So! i dont know where you come up with this TA hogwash..:P

Good job holding now lets toast to some big profits. Cause SPY message is loud and clear. Bull market is toast

agreed. the 30 min and 60 are still holding on to some bullishness. i will add to my position when they cross over. MACD and adx.

as i typed the crossover happen!

think there will be renewed optimism over china rally. why? cause motherfrs cant sell:P

haha same here man, what do you think of this drop. confirmation of pendant risk has been mentioning?

backup, no damage to my pc thx god. Haha nice you got the snark..

Power outage on my entire block ftw! Dammit spy
Posting from my rotary phone now.

looks like there going to make attempt now to paint ah fence danielson

yo yo where that candle man:P

Well put

When volume has been low on green days the following day opens higher but closes below its open. Lets see if that is consistent at least.