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Lol...where we ever supposed to trust spy.
SPX could be forming a 5 min rounded bottom.
Probably, they just preparing it today, lol
SPX could be forming a base here for a bounce. They'll keep it confined until tonight or tomorrow imo
It's only a matter of time IMO, they can zig zag it up and down so that's hard for holding Tvix cause timing is important but when it goes down its probably going to be an extended drop.
I think so 1650 or lower is probably in the cards. And Tvix should hit $20+ IMO.
18.20 on VXX hit could go higher but not sure yet.
Yeah I don't know either, lol
Daily candle looks ugly.
Oil is slipping lower!
Lol...they should have a strike against the Feds!
VXX 18.2 should happen today
Not sure how too
IMG_0823.PNG
VXX should breakout soon!
http://www.markettrendsignal.com. Gave a crash signal today with 6000 Dow target!
Good jobs #'s another reason for a rate hike.
But big buy yesterday on usdu
Possible...opening will probably reveal direction.
There's also rigs tomorrow 1 pm...not sure if that will be part of the mix.
They will probably pop it soon.
Job numbers at 8:30
Yeah..but maybe a quick touch of 2085....I'll buy any Tvix around $4
Job numbers at 8:30 am 12 minutes
5:30 pm Yellen speaks, but expecting a top off around 2085-2095 on jobs possibly. 8:30
This should be a pivot point on that huge volume fill.
http://stockcharts.com/h-sc/ui?s=USDU&p=D&b=5&g=0&id=p45077280229
Depends if it continues above $39...that seems like where it's aiming at.
I think 39'ish is probably a top...volume looks like more shorts must have covered.
If every American were short $3000 that would add up to $1 trillion.
That's my first impression 50 dma resistance down to 32. But that volume? Shorts covering still? Why they covering...paying off debt?
But that's pretty convincing volume.
http://stockcharts.com/h-sc/ui?s=%24WTIC&p=D&b=5&g=0&id=p27153204994
Oil should hit $39, dead cat bounce maybe. Lol.
Candles. Are not the candles on going 24 hours on the daily, or have a different starting and closing time.
Are the futures charts slightly altered?
One more down day for USD so pierce that blue line and then ....
Looks like one more day. Maybe?
http://stockcharts.com/h-sc/ui?s=EEM&p=D&b=5&g=0&id=p97093900772
Lol...if they don't raise rates this market is doomed...markets do well when there is a rate hike. The problem now is the entire market is broken, or at least the concept of free market. We should too soon, like one of blindjohns chart of the quarters...think there's something there.
Good choice IMO...should go higher 200 dma at $28. That would be the target tomorrow. I'm just trying to be disciplined by taking those 10% gains....not that I wouldnt mind $65 tomorrow on a buyout.
Question is... Does it continue or was that dilution.
Sold at 23.2 for 9%