day 2 of the SPY backtesting it's old dance partnerhttp://www.flickr.com/photos/47091634@N04/44226…
SPY has chewed up ~441,000,000 shares to advance .94 from it's friday high
$SPX currently has 5 consecutive higher closes than opens on it's daily
SC Me to.
Carl at day’s end:
1136-1150 estimate today for /ES (14 points)1139.25 -1145.25 actual today (6 points)Well within Carl’s range for today
Trades: Bought 1 unit of /ES at 1140.75, sold it at 1146.75 (gain of 6 points)
Grade B
it could have broader implications, but 1148.76 is the terminal point for this setup
Sundancer, call me deft, but what the heck does this mean? That the run up could be complete at 1148.76?
Agreed. The bottoming tails were pretty much textbook.
Stronger case if they were side by side or working lower.
LOL! Yes, it will be over when I'm finally broke.
It will be over on March 22. I know it b/c I have some March puts. That is how I am sure it will keel over on March 22.
Topping tails on the $RUT?
http://www.screencast.com/users/dreadwin/folder…
day 2 of the SPY backtesting it's old dance partner
http://www.flickr.com/photos/47091634@N04/44226…
SPY has chewed up ~441,000,000 shares to advance .94 from it's friday high
$SPX currently has 5 consecutive higher closes than opens on it's daily
SC Me to.
Carl at day’s end:
1136-1150 estimate today for /ES (14 points)
1139.25 -1145.25 actual today (6 points)
Well within Carl’s range for today
Trades:
Bought 1 unit of /ES at 1140.75, sold it at 1146.75 (gain of 6 points)
Grade B
it could have broader implications, but 1148.76 is the terminal point for this setup
Sundancer, call me deft, but what the heck does this mean? That the run up could be complete at 1148.76?
Agreed. The bottoming tails were pretty much textbook.
Stronger case if they were side by side or working lower.
LOL! Yes, it will be over when I'm finally broke.
It will be over on March 22. I know it b/c I have some March puts. That is how I am sure it will keel over on March 22.
Topping tails on the $RUT?
http://www.screencast.com/users/dreadwin/folder…