Hmmm… not sure how to interpret that? I still see some upside left. I think they could drag this out until next week before dropping to retest and break the 1867 SPX low.
Certainly not looking good for a bounce today. Not my chart but it’s inline with what I was expecting. https://www.tradingview.com/x/JiQRf144/ But right now it’s not looking good. I guess that’s the way they trick you. When it looks ready to crash it’s near the bottom.
As to speaking of tricks comment the other day….NUGT …Miners are flying.
hope you picked up some NUGT
I’m still looking for more up Doug. Around 2000-2020 ES I’ll start looking for a nice shorting spot. But yeah, your report looks about right to me.
ES Futures Thursday Morning Report: http://screencast.com/t/iosKWgV7z
to sum up on Consolidated report:
S&P……………………………….. is FLAT
DOW ……………..is Medium tilted to the LONG
NAS ….is Slightly tilted to the SHORT
Sometime I plan on going thur months of Data and see how forward planning these numbers are!
Hmmm… not sure how to interpret that? I still see some upside left. I think they could drag this out until next week before dropping to retest and break the 1867 SPX low.
finally got tho look at CFTC…funny S&P futures and S&P e-mini BIG difference. Regular is to the long BUT E-mini VERY large to the down side!
ES Futures Wednesday Morning Update: http://screencast.com/t/k9D9Ey19gy3
Speaking of tricks …NUGT looking like next to pop..Miners will fly when they realize we are not going back up for a week or 2 in the markets.
Certainly not looking good for a bounce today. Not my chart but it’s inline with what I was expecting. https://www.tradingview.com/x/JiQRf144/ But right now it’s not looking good. I guess that’s the way they trick you. When it looks ready to crash it’s near the bottom.