If there is no supply, wouldn't we need to sell back down to bring some in? What's the reason of leaving the gap at 1107.95? And the 12:45 print of 111.06 or below would mean we go back down some… correct?
I see 2 fake prints at 110.50 on my 10 minute chart. Is that the likely target, or is 109.95 still in play if we close below 111.06 on the 12:45 print?
If I understand correctly, I need it below 110.94 by 11:30 in order for it to go down to 109.95. If it closes above 110.94, then it won't go retest the 109.95… correct?
That sets up the lowest possible cost for buying puts when we finally top. Just the way they like it. The 110.35 level was hit at 10:00, and bounce back up from it perfectly. Amazing to say the least.
Do you still see the 109.95 level being hit today, or is that not going to happen today?
The one VIX spike in janaury and the other VIX spike in february both back tested the $VIX's controlling trend line from 12/18/2006 and today it will take a miracle in order for it to close above it's 12/1/2008 trendline
I have a long term de-leverage area from many months back on the $VIX @ 16.26
Now what would be an ideal setup is if the $VIX back tests it's 10/2/2009 trendline on the daily around the 16.26 area, today the trendline is @ 17.63
If there is no supply, wouldn't we need to sell back down to bring some in? What's the reason of leaving the gap at 1107.95? And the 12:45 print of 111.06 or below would mean we go back down some… correct?
I see 2 fake prints at 110.50 on my 10 minute chart. Is that the likely target, or is 109.95 still in play if we close below 111.06 on the 12:45 print?
they left a 3 min gap @ SPX 1107.95 from the 11:12 candle
this jerky action is all stop running
SPX closed right on its 320 on the 60 min and right on it's 160 on the 120 print
Out of TZA at 9.18
yeah their is no supply from algo's anymore because we keep losing max containment pts.
the operators are going to force the trapped shorts to puke up their positions
195 min print @ 12:45
max contain pt = SPY 111.06
If I understand correctly, I need it below 110.94 by 11:30 in order for it to go down to 109.95. If it closes above 110.94, then it won't go retest the 109.95… correct?
it took 40 periods for the SPY to hit it's 20ema on the 30 min
now the SPY is @ 25 periods without a hit of the 20 ema on the 60 and the ema is rising every period currently @ 110.14
watch these numbers on the 11:30 print SPY 111.05 and 110.94, the 160 & 240 are bunched together there
That sets up the lowest possible cost for buying puts when we finally top. Just the way they like it. The 110.35 level was hit at 10:00, and bounce back up from it perfectly. Amazing to say the least.
Do you still see the 109.95 level being hit today, or is that not going to happen today?
$VIX Weekly Setup
http://www.flickr.com/photos/47091634@N04/43699…
The one VIX spike in janaury and the other VIX spike in february both back tested the $VIX's controlling trend line from 12/18/2006 and today it will take a miracle in order for it to close above it's 12/1/2008 trendline
I have a long term de-leverage area from many months back on the $VIX @ 16.26
Now what would be an ideal setup is if the $VIX back tests it's 10/2/2009 trendline on the daily around the 16.26 area, today the trendline is @ 17.63
I added TZA at 9.21
Looking for any excuse to hedge with TNA, but so far RVX is rising, supporting TZA.
Earl, Does that mean you are going to just roll with it.