if there is a gap up, it will be a big one remember the gap window from 2/4/2010 is @ 109.03 once the futures start to penetrate that area it will be an avalanche of people trying to unwind short positons
there's a 4% chance of a gap down, but it would take a monster gap down to get below the controlling tendline on the daily, http://www.flickr.com/photos/47091634@N04/43517… until there is a gap below that trendline no selling will stick
slight violation of max containment @ the close big blocks came across the last 15 seconds odd close for a holiday weekend, a lot of it was algos co-relational to the 3 consecutive gap situation 13-17 pt SPX gap is possible for Tuesday http://www.flickr.com/photos/47091634@N04/43522…
this is from jaywiz (straus) blog on Red's blog list. someone names Riza or something sent this in:
Stock Trader's Almanac 2010: Has Wed & Thurs marked bullish , but bearish Friday. Friday, the day before President's day weekend, S&P down 15 of last 18.
Monday: CLOSED for President's Day Next week: bullish Tuesday, However the Monday before Feb. Expiration the Dow has been down 4 of the last 5.
Wed, Thurs Friday: down into Expiration. Dow has been down 7 of last 10 Fridays of Feb. Expiration.
I agree with serge Monica… Rising wedge don't break UP! I'm staying short over the weekend. I think California will be the bad news over the weekend. I see Black Tuesday coming…
if there is a gap up, it will be a big one
remember the gap window from 2/4/2010 is @ 109.03
once the futures start to penetrate that area it will be an avalanche of people trying to unwind short positons
there's a 4% chance of a gap down, but it would take a monster gap down to get below the controlling tendline on the daily, http://www.flickr.com/photos/47091634@N04/43517…
until there is a gap below that trendline no selling will stick
Are saying a gap up 13-17 points next Tuesday?
Hello sundancer390
Is the 390 for 390 million?
how to you come to such conclusions
In TZA at 10.08 after hours, starter
Holding over the long weekend
SPY closed 108.38 @ 4:15 est futures closing
slight violation of max containment @ the close
big blocks came across the last 15 seconds
odd close for a holiday weekend, a lot of it was algos co-relational to the 3 consecutive gap situation
13-17 pt SPX gap is possible for Tuesday
http://www.flickr.com/photos/47091634@N04/43522…
this is from jaywiz (straus) blog on Red's blog list. someone names Riza or something sent this in:
Stock Trader's Almanac 2010: Has Wed & Thurs marked bullish , but bearish Friday.
Friday, the day before President's day weekend, S&P down 15 of last 18.
Monday: CLOSED for President's Day
Next week: bullish Tuesday,
However the Monday before Feb. Expiration the Dow has been down 4 of the last 5.
Wed, Thurs Friday: down into Expiration.
Dow has been down 7 of last 10 Fridays of Feb. Expiration.
I agree with serge Monica… Rising wedge don't break UP! I'm staying short over the weekend. I think California will be the bad news over the weekend. I see Black Tuesday coming…
I guess I'll just have to take the 4% chance that that doesn't happen.
Well that sucks… no up or down next week, just sideway trading…