The last two times $RUT was in the area of it's 20 day MA, it blasted right through it like it wasn't there. Hard to see why it can be different this time, but I will be watching closely.
I see – Nevermind my interpretation. I just realized that if my interpretation worked, it would have to be 26 days from Feb. 5th to make new lows and that didn't happen.
So the last two low points of the bear market had 102 days in between them, and the last 2 high points of the so called “bull” market had 51 points between them.
Not sure I get this. My interpretation is that since it took around 102 days to get to new lows starting in 2008, and 51 days to get to new highs (half of 102), it will take only 26 days (1/2 of 51) to get to lows below those last seen on Feb 5th?
SPY has very little room to move down on the 60 min as max contain is @ 113.41 now, consecutive closes below max contain on the 60 will lead to a trip down the 111.40 – 110.34 area where there is a knot of containment points
Dreadwin,
The last two times $RUT was in the area of it's 20 day MA, it blasted right through it like it wasn't there. Hard to see why it can be different this time, but I will be watching closely.
You mean you don't think he should hold it forever like me?!
If $RVX can close about the 20 MA today, you might want to buy TZA on the dip tomorrow. Sell TZA when $RUT touches the 20 day MA.
I see – Nevermind my interpretation. I just realized that if my interpretation worked, it would have to be 26 days from Feb. 5th to make new lows and that didn't happen.
So the last two low points of the bear market had 102 days in between them, and the last 2 high points of the so called “bull” market had 51 points between them.
that's one way to look at it,
I'm interested in the relationship of the terminal 2 points of the bear mkt : bull mkt
Not sure I get this. My interpretation is that since it took around 102 days to get to new lows starting in 2008, and 51 days to get to new highs (half of 102), it will take only 26 days (1/2 of 51) to get to lows below those last seen on Feb 5th?
$SPX terminal 2
11/21/2008 : 03/06/2009 : 3 month – 13 days
01/19/2010 : 03/12/2010 : 1 month – 21 days
Gracias 🙂
SPY 60 min setup
http://www.flickr.com/photos/47091634@N04/44354…
SPY has very little room to move down on the 60 min as max contain is @ 113.41 now, consecutive closes below max contain on the 60 will lead to a trip down the 111.40 – 110.34 area where there is a knot of containment points
Man, GS looks like a great short. Wish I had the funds 🙁