Short Term Trading Member Forum

[golfin]

Elliott wave. 3/6 high 11000 to low 4/17 10000=1000 point leg down (A if corrective 1 if impulsive). Correction to 10700. (B if corrective 2 of impulsive). 10700 to 9700 est. (C if corrective, part of 3 if impulsive). Weekly stochs still room to fall. Vix weekly poised for moonshot. Equity put/call neutral. I do not use fundamentals in determining trades...just use them to try to piece together where we are in "the big picture".

I am currently long (very small position) as I expect a small rally into options expiry to about 1220 S&P. After that it's Tankville (according to my speculation... :) ).