is... watching & waiting
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GDX retreating a bit pre-market... $19.90 back to $19.5 in a hurry
Edit: $19.3 and falling... Dust $4.10 on the bid
Certain to be little logic in the market's digestion of jobs
$35 test early
$35 standing tall for now
Running the indices into close, $5 TVIX would've seemed like a gift from above a month ago ... there's got to be a rug somewhere
Gold screaming as Oil squares off with $35
Who in their right mind is going long on this market right now?
Quality org that
Terrible 5 min candle on the S&P .. might have something if Oil doesn't recover $35 EOD
Get it over with... take GDX to $21
Oil at $35 things must've really improved around the world
Holy split already christ
Terrible story.. too early to say suicide? Neither here nor there... agree on fear subsiding, how the market will spin that and a rate hike into palm trees, rainbows, etc. and keep going is unfathomable
Took the bath today.. But this is getting fascinating
An everything bad is a good for no move oil trumps all algo and the FOMC meeting Mar 15-16. S&P closes above 1988 tomorrow and she sees 2025 or oil rallies to 37/38, and a decent jobs report Friday... They h a v e to move.
Should we buy the everything is good, not great, decent but not perfect, low vol rally...
And why would they bring it up this high to crash it.. boggling minds
Check my math on the algorithm
The Scariest Chart For NatGas Bulls
http://www.zerohedge.com/news/2016-03-01/scariest-chart-natgas-bulls
That's the problem... people buying sub $0.22 are insane to not sell $0.30's to an unlucky soul... the latter chews on the loss or clutches a bag until another Q - utterly destroying the potential to run further
Sink back toward teens ... rinse/repeat
Profit takers rejoice
Looking for my rose colored glasses... not much this market doesn't like atm
Running oil into the report.. gettin out of her way if she doesn't reverse in 8 minutes
Mine as well put in new lows now
Everything oil today
He doesn't... But he knows 'longs' [or 'forevers', from the looks of it] need something to chew on... They're lazy, bringing a new product to market is tough...
"Why not re-sell what ever's in the back of that radio booth?"
I can picture it now... five old men sitting on musty couches passing around shots of Parrot Bay as they plot to take over the fertile OTC lands
Good to see a familiar face..
$SPX These were the DAILY cycles at the 2/11 low pic.twitter.com/QZI7Df5xO2
— Carolyn Boroden (@QueenOfFibs) March 1, 2016
Clinton projected to win GA and VA started flashin futures went red
1962's last hope - this 5 min candle closes above it she could be off to the races.
Futures retracing ... rally just can't find a way to sustain larger moves up, trend remains down if S&P closes sub 1940
Finally some excitement...
974k & 300k thrown-up on $0.003
Suck in some more retail money just to crash it into the close... think I'll hold another night
In high $8.5's - got anxious Friday
Parting ways with oil at a terrible time... hellish start to the hour S/P 1943 about to be tested again - 1920's to follow
Edit: rolling o v e r
Stabilizing and oversold bounce aren't synonymous
$0.78 on the bid... wear gloves if you're catching this thing folks
Lol everyone lookin for $7's again and she opens near $9... Could be a bloody week ahead. Perhaps the euphoria of recovery subsides as crude stabilizes and people begin to wonder, what will move our markets north now...?
In on this candle
Bounced off 1952 2 or three times now.. Maybe they run her towards 1970 into close, hoping to play the pull-back next week
Looking like a heck of an exhausted candle on the daily atm, RSI 85
Sideways is fun too.. let's do that
1970/2000 upside 1790 downside... risk/reward swingin in TVIX's favor
Buying 100 if 1950 fails
Edit: confused candle there, bounced to 1954 staying pretty steady.. could be a flat day - profit takers showing up into close
Nobody move... maybe something will happen
Had a bid for a 100 @ $7.99 PM ... ended up cancelling as it moved over $8.
Just not sure they don't have a little gas left in the pump
Going to 2000, I'll consider taking a 1/2 on a follow thru tomorrow cerca 1970