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Maybe, but market internals have been recovering all morning.
Either some Greece deal is being announced soon or people are realizing that the whole Greece situation isn't the end of the world?
Looks like it might be time for the market to make some semblance of a bounce.
Just looked at UGAZ chart...damnnnnn
/ES double bottom hit?
URBN down 16.50%
Might be a good time to try and catch the falling knife. RSI in the 19s.
WOW, checked out SHAK this morning and just looked at it again, that's a huge drop. Shorts are controlling the ticker though so whenever there's a big cover it could shoot up fast.
Thanks, we'll see.
I'm betting on it.
RIG is looking good.
SHAK has been ridiculous lately.
Good ole Icahn.
Guessing they want all those calls to end up worthless.
At least that gap is closed, haha.
Yeah, big dump. hopefully it's green skies for the rest of the day.
Indeed...I think we will see it run up for the next week or so to over 140 so I'm not too concerned.
I'd support that.
Rallying nicely, people wanna get in before the close.
Damn, I love AAPL.
Yeah, the market has been hard to trade lately IMO.
There will be a pullback at some point, but who knows when. Trying to time it is incredibly difficult.
Just waiting for the market to make new all time highs soon.
All internals look strong but Nasdaq comp is still red...
Even on down days XIV is clearly the winner.
lol...was real close to buying VXX at 23 earlier.
Wow, that was a fast reversal.
If /ES can break the 200 day moving average and hold below I'd imagine the vix would start to move higher.
Hmmm, are we gonna see some volatility spike soon?
For real. I remember holding 10k shares at 27.20 and thinking it was risky...haha.
Yeah, it's awesome. Wish I held my shares from yesterday :/
Not it's not...
Big sudden drop...that will make your heart race.
PRGO just re-opened up 50%...wow.
/ES needs to take out yesterday's high of 2082.75.
Market internals keep strengthening.
/ES needs to break resistance at 2064.75 if it hopes to go higher.
Looks like an XIV kinda day so far.
Am I getting wrong quotes or something? /ES is 2045 and SPX is 2053 on ToS.
VXX is all messed up.
Internals still look strong, but XIV is rather stagnant so I took profits at 35.62. I feel like /ES may test 2080 and then I agree that if a pullback is coming then it would be highly likely it would occur around this level.