I only think that tomorrow we may start lower again because we ended in a negative note, even though we tried going positive . Also after close I was looking at the Spy option sales and the calls are going lower than at close and the puts are going higher, so from what I have seen in the past this reflects tomorrow ‘s opening, but ofcourse there are no guarantees, there is always that exception to the rule….
There is still a little more room to go on the upside. We could go up in the morning first, and then sell off into the close? Thats just from looking at the charts right now.
I think Tue is a down day too… just closed my calls and bought some puts, so far the market has traded in a closed boxed up and down (117 to 120 spy), let’s see if one side will be broken, I think the down might , but don’t know when, I just hope I will be positioned right at the time
The print disappeared now… not sure what to think of it, but bears should take some profit just in case we rally tomorrow. Maybe leave some shorts on for the bear flag forming… if it plays out?
I only think that tomorrow we may start lower again because we ended in a negative note, even though we tried going positive . Also after close I was looking at the Spy option sales and the calls are going lower than at close and the puts are going higher, so from what I have seen in the past this reflects tomorrow ‘s opening, but ofcourse there are no guarantees, there is always that exception to the rule….
sure we could, but we may start lower in the morning and go up again at close and maybe by Wed touch the box upper side again?
There is still a little more room to go on the upside. We could go up in the morning first, and then sell off into the close? Thats just from looking at the charts right now.
I think Tue is a down day too… just closed my calls and bought some puts, so far the market has traded in a closed boxed up and down (117 to 120 spy), let’s see if one side will be broken, I think the down might , but don’t know when, I just hope I will be positioned right at the time
You going short into the close Z?
UP MON DOWN TUES hahahahahahaaaaaa!
Amazing isn’t it? They throw a quick FP out there about an hour ago, and bam… here we are at it.
http://www.zerohedge.com/article/futures-now-green-market-goes-parabolic-galatic-federation-bailout-rumor
The print disappeared now… not sure what to think of it, but bears should take some profit just in case we rally tomorrow. Maybe leave some shorts on for the bear flag forming… if it plays out?
New FP… 119.35 spy.