Replies to post #37008 on OPTIONS TRADERS CO-OP

[gdl]

I agree. 270 is a very important target. My guess right now is this is a 2 day retrace that stalls before we hit 2700. Time will tell. the 263 area was also the 200 day moving average so in hindsight it made sense to try to defend it.

I find this move very suspect.

[dotnet]

one thing to be etched in stone.when vix is above 16 no swing-trading or holding overnight. just scalping.