This is very frustrating… which is of course what the gangsters love to do to us bears (and the bulls). No real direction here as they haven’t hit the FP yet to go short at or retested the 1615 spx area where the lower trendline in this rising channel is located at… so you can’t go long either. Very hard to do anything right now but just wait to see what they give us.
bought some ^vix calls for next week as a lotto ticket. Any downturn and it’s going to spike a few points
Lots of accumulation on the VXX over the last couple of months. Insiders know whats coming next.
I’m now short the 162/158 SPY put spread expiring May 31st for .55 cents… Good Luck Bears!
vix is creeping up. keep your eyes open
The FP of 164.30 SPY has now been hit! I think we should rollover later today now.
ES Charts: http://niftychartsandpatterns.blogspot.in/2013/05/es-chart-analysis_14.html
1636 (ie16-36 or 16-666) is 969.21 pts from 666.79 and today, 5-13-13 or 5-26 is 4 years 2months 7 days from 3-6-9 or 1528 days later.
yeah, still holding some ES. will pickup some options if FP is hit. But market really needs a breather. Even if it’s just a minor move down
This is very frustrating… which is of course what the gangsters love to do to us bears (and the bulls). No real direction here as they haven’t hit the FP yet to go short at or retested the 1615 spx area where the lower trendline in this rising channel is located at… so you can’t go long either. Very hard to do anything right now but just wait to see what they give us.
APPLE Chart analysis: http://niftychartsandpatterns.blogspot.in/2013/05/apple-hour-chart-analysis.html