Thanks for the info. The 115.20 is fairly clear, but what everyone wants to know is when is the 115.20 going to be hit? Are there clues contained w/in the FP that would tell us? Does the position of the tail mean anything?
Sorry about the confusion Johnny. Notice the pink line, that’s just where I had my mouse at when I took the screen shot. It means nothing. The print you want to notice is the long tail down to 115.20 today (at the far right of the screen).
Trying to look at this FP here… On this FP, 11:05 on Oct 4th is the time/date shown on the print. Is that when you first captured the FP? If the time was really 11:05 yesterday, wouldn’t the high of the day really be ~114.83, not the 114.1108 indicated? Another thing that I found interesting is most of the FP’s you show (not all) indicate the FP at the very end of the timing period. This one occurs before the end. Just trying to piece together some clues…
Probably a doji tomorrow… certain not a another ramp job like today. Of course after the money runs out around noon or so, the selling will come. I just don’t know if it will produce a down day, or just a backoff from whatever high they can muster up in the morning session?
Regardless, the selling coming on Thursday and Friday will feed the bears for months to come! LOL
Thanks for the info. The 115.20 is fairly clear, but what everyone wants to know is when is the 115.20 going to be hit? Are there clues contained w/in the FP that would tell us? Does the position of the tail mean anything?
Sorry about the confusion Johnny. Notice the pink line, that’s just where I had my mouse at when I took the screen shot. It means nothing. The print you want to notice is the long tail down to 115.20 today (at the far right of the screen).
Agree.
Red,
Trying to look at this FP here… On this FP, 11:05 on Oct 4th is the time/date shown on the print. Is that when you first captured the FP? If the time was really 11:05 yesterday, wouldn’t the high of the day really be ~114.83, not the 114.1108 indicated? Another thing that I found interesting is most of the FP’s you show (not all) indicate the FP at the very end of the timing period. This one occurs before the end. Just trying to piece together some clues…
Probably a doji tomorrow… certain not a another ramp job like today. Of course after the money runs out around noon or so, the selling will come. I just don’t know if it will produce a down day, or just a backoff from whatever high they can muster up in the morning session?
Regardless, the selling coming on Thursday and Friday will feed the bears for months to come! LOL
noted on that with that in mind im going in full steam for the bears tomorrow after the last bit of money is drained from them.
Being that 113.75 is so close to the open, I’d say it’s a late fill.
http://reddragonleo.com/wp-content/uploads/2010/10/spy-fp-115-20-on-10-05-2010.jpg
SPY FP at 113.75 unless late fill… but at least it makes me feel good….
S&P 500 Channel breakout