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Still bidding 6.50s
Lets see how she behaves around the 280.80s level late afternoon, thats the determining factor on how we proceed moving forward.
Yesir. Currently bidding 6.50s
A couple common gaps to fill before moving up, no bigy.
why 2021 ? market top scheduled for 02/2020... 2021 is dooms day son
Are you calling for fifteens before lucky sevens ? I was of that opinion not to long ago, hope it works out for you nssrr5, good luck.
saving that event for May of 2021, thats my empirical observation
Riots only on its second leg. Third leg brings the big 10
Who's the Natzi controlling the Algos here? tell him to wake up and get his got damn elbow off the button already.
Spy is having a hard time digesting a three week old stale pattern, suggesting thirteen days of more up. alls it means is that we bears have the luxury of shorting from a slightly higher level, maybe 2826 ?! i can dig it.
Short the shiites out of spy tmorrw
think i just nailed the close. ill gladly pat my back for that one, safe trades everyone.
Possibly but no guarantees. best to settle for 271.21 today b4 the bounce.
Tvix had a phenomenal moved today , looks like fourty eight and change is the ceiling on this play, gl.
here comes your rally, make sure to peel some off around 275.58 champ
Must break 275.48 or the slide continues
This is a major over re-action by the evil mmpire., similar to the play action we had on 5/29, " should " close in the green today., ultimately, fear should be neutralized @ 270.7 b4 tagging 282.26
*Meant ES 2769*-- today is another bear raid for Spy but as long as 278.04 hold, bulls need not to worry.
No doubt, but as long as spy holds 276.9 after a one day slash two day grinding session , it easily sees 281 minimum before collapsing.
269.73 is game, that's where fear is neutralized.,but your rabbis and ministers won't tell you that
Nice call Citrati... must mean we chop around the whole month of June from 7 to 5 with a potential bottom in the high twos before markets top out in July...spy 2713/17 is when I begin loading tvix again, hope it pans out, gl.
Get ready for one helluva rally next week boyz,,, it's best you buckle up!
Going over my charts at the moment so ill keep you informed with what i find. as for my $21 tvix call, its ONLY if it dips to roughly 420 next week.
Keep in mind that if markets gap down on tuesday and Tvix pops into the 520s, its a selling opportunity, get out,.. Spy could pop to 279+ this coming week.
Thats what my algos are saying...Spy just pierced my trend line, it may have 269.42 on its radar, maybe we get a tuesday morning market gap down to conclude the pennant, we'll see.
If proven right, then $21.09 is my initial target on this coming move.
GLTA
If the stock market summer doldrum theory is correct then yes, Tvix will see lower prices before it jumps in price. -420 / 395 is a safe bet - pure speculation on my behalf - My thinking is that the bearish case scenario lives long until November, market finds a bid ( Spy -247.4 ) then bulls come in and take it to new all time highs in April of 2019... then it curtains for the markets including gold.
Hope alls well with Cj, god speed through your recovery.
My ihub account was experiencing a 502 error all day and couldn't post my findings...ran an algo scan this A.M. while having breakfast, came back and it called for slightly higher highs ( 2749.13 ). think ill wait til 247.07 before i come back in... unless we get a down draft tonight then ill reassess the game plan..... all it means is that tvix460 ( on the daily ) is back on the table.
Right on schedule. Seems like we're getting ready to leave many behind, next stop 550/560. Good luck fellas
Off to the Waffle House for some breakfast
We're saving that occasion for tmorrow
All in a days work BOS. Look like she's running out of juice at these levels. Excellent day to sit back and see how it all unravels, take care.
too easy...
Funny thing is, i can't tell if its going to 720 or 15.65 at this moment can't make heads or tails out it..its either 720 or 15.65... darn it, where are my glasses when i need themm
more like the 25th than the 18th of Sup Net but your graph is to high and doesn't display the details ... short term top in the making here. Lets go break the 5/13 support of 259 shall we...
Yep. accidentally posted on the Spy board thinking it was the tvix board. bigger picture is currently play out across the market sector and i have their template ... oil gold spy tvix drys etc. i have their playbook. both long and short term road maps for all market indexes
465 to 720 is the play now...glta
fractals is all i study so i know precisely what your your alluding to. sorry bud but i think we drift higher another 8 days
I've always enjoyed reading though your post, ever since i first spotted them a few years ago on the jdst board, they tend to be informative, comprehensive and very refreshing to read, similar to Citrati's work and a many other, grateful to have knowable folks i can fall back on when i need to double check my own work...
i tend to analysis charts with a different perspective than most and currently, my poor mans system is calling for more upside before this trend gets reversed.
there's a few scenarios playing out this coming week ( majority of them bullish ) and i must monitor them daily for pattern failure to determine the markets next move and stay ahead of the game...
monday's road map is one of the two: A drop to 270.27 followed by a sharp rise to roughly 273.55 and a slow grind down to 269.49 and up from there to 275.35...or...A drop to thoroughly 269.49 then grinding its way back up to 279.09 MAX before lights out.
You do the same Citrati, Its always best to stay nimble... i was - just now - looking over my poor mans system and its calling for a potential gap down on the Spy to roughly 270.31 / 270.1 followed by a sharp move to 273.46 before consolidating....hmmmm ....think I'll buy back in and sell the morning pop on the tVix
Fiat is king in times of uncertainty so i cashed my winnings and calling it a market draw for the week...maybe tvix sees 480s before it really kicks into gear, guess we'll see next week.