The TradingEdge

[jxyzobrien]

repeat of may expiration
day 2 of 3 day expiration rally
oil and gold getting hit. Once the sunday gap up on expiration
the hard off the bottom pattern was in bloom. Volume yesterday
was not too hot not too cold.

The advisory service that said august expiration would be bad
should go back to chart school.

when was the last expiration week down.

Just like in may you had a big red selling climax candle then straight up. dalton- often markets must flush first then rally.

the human brain looks for negative information to survive and
protect itself. this is why you get traders too short too soon
and then they make excuses.

60 min rsi not over bought yet.

when you hear someone predict market crashes ask them their success rate on predicting crashes.


http://stockcharts.com/h-sc/ui?s=%24SPX&p=D&yr=0&mn=4&dy=0&id=p66087066511