Red

User banner image
User avatar
  • Red

User Comments

I think we’ll top today and start down tomorrow…

It broke the trendline of support unfortunately. It should rollover here for a 20-30 point pullback, but it acts like it wants 2110-2120 first. Maybe we get a gap up and crap tomorrow?

CFTC reports from Friday:

Commercials present positions:
DOW – 9% more on LONG
S&P – 7% more on LONG
NAZ – 22% more on SHORT
$VIX- 4% more on LONG

DOW they added to SHORT mostly
S&P they reduced there LONG mostly
NAZ they added more SHORT then LONG
Flipped from more Short to Long on VIX

$Doug OUT!

Down 20-30 points and then back up to make a slightly higher high I think.