I'm with ya. I've been expecting this up move Tho I didn't hedge with enough longs and my puts are fu uh uh uh cked today. However, we're still in a corrective wave here, and should resume down. Soon enough.
We are in a Full Moon Trade, generally positive for TNA. This trade ends at the close tomorrow. [ After ten days, the trade is DOWN 1.4% ]
Tony (man has no last name) says this Full Moon bullishness is canceled out by the Jan 15th Solar Eclipse, creating a Panic Cycle. His Panic Cycle seems played out (particularly today), but runs until the close tomorrow.
RVX (VIX for RUT) fell all day, closing 8.6% lower.
Based on the very large green candle today, closing near the high, there looks to be more upside for TNA tomorrow. (Looks lately have been the opposite of what actually happens)
We'll I must admit… I've had bad timing, that is true. But, there is still some time left before I drown in these shark infested waters. I will continue to tread water for awhile longer.
I'm really looking for some bad news to come out and cause a really big sell off. When is the question? Tomorrow? Or during the 3 day weekend? Greece isn't the only place in trouble you know…
Fear not o red one! This thing doesn't have the volume to get there. If I'm wrong then I'm REALLY wrong and we get a volume push higher and make our way to 1200. But I don't think so. I say we head down to 1040ish and the we will see.
No problem G… I'm really easy going. Don't let Anna fool you about all the conspiracy stuff. I just put it out. It up to everyone who reads it to decide on whether or not to believe it.
Of course I do, but I try to look a little deeper then most people, and from what I see, and find… it's all true.
Anyway… rib on! I can take it, and I'll just rib you back a little too! LOL!
I'm with ya. I've been expecting this up move Tho I didn't hedge with enough longs and my puts are fu uh uh uh cked today. However, we're still in a corrective wave here, and should resume down. Soon enough.
TNA closed up 5.0% today.
Volume today for TNA was normal.
We are in a Full Moon Trade, generally positive for TNA.
This trade ends at the close tomorrow.
[ After ten days, the trade is DOWN 1.4% ]
Tony (man has no last name) says this Full Moon bullishness is canceled out by the Jan 15th Solar Eclipse, creating a Panic Cycle. His Panic Cycle seems played out (particularly today), but runs until the close tomorrow.
RVX (VIX for RUT) fell all day, closing 8.6% lower.
Based on the very large green candle today, closing near the high, there looks to be more upside for TNA tomorrow. (Looks lately have been the opposite of what actually happens)
Thank you for that link… it looks to me like one of the 2 on the right… Pennant or Bear Flag… in a downtrend
We'll I must admit… I've had bad timing, that is true. But, there is still some time left before I drown in these shark infested waters. I will continue to tread water for awhile longer.
Flags and pennants: http://www.chartpatterns.com/flagsandpennants.htm
I'm really looking for some bad news to come out and cause a really big sell off. When is the question? Tomorrow? Or during the 3 day weekend? Greece isn't the only place in trouble you know…
You are the reason I'm long Alcoa.
nyuk nyuk nyuk.
Fear not o red one! This thing doesn't have the volume to get there.
If I'm wrong then I'm REALLY wrong and we get a volume push higher and make our way to 1200. But I don't think so. I say we head down to 1040ish and the we will see.
No problem G… I'm really easy going. Don't let Anna fool you about all the conspiracy stuff. I just put it out. It up to everyone who reads it to decide on whether or not to believe it.
Of course I do, but I try to look a little deeper then most people, and from what I see, and find… it's all true.
Anyway… rib on! I can take it, and I'll just rib you back a little too! LOL!
Red, Nice charts and explanation. From a TA standpoint you have built a strong case. Thanks for your efforts and letting me jab at you on OBB.