I think 1130 would be a great place to get short. We should have a move down from that level for sure… at least a one day move, and maybe more?
The concern is that they might try to pop it above that level briefly, to clear out the overhead stops… then reverse hard not allowing the bears to get short. The move down will likely happen overnight, when no one is positioned for it.
then they must be post some (fake) fp’s time to time to confuse us.
what i feel that we go 1130 area today(or tomoorow) with extreme buying to the perfect entry point for us & even feel like many beers wouldnt get entry when fall began becaus it might be huge one too unexpected for every one. i hope this will happen ……….
I’m sure the people they are sending the message to… know the code for the time frame. I don’t know the that information unfortunately, so I have to use technical analysis to figure out the direction, and add in the FP’s when we go in that direction.
i had average the put at every rise 5500,5600,5700, now waiting for 5900 common, i want to see how extreme this meaningless rally……..
red i want to ask u why ‘they’ use fp to pointing out the next target? is there any technical reason ? there r many other things too. if it is only method then they must have mention their expected time frame with that fp with any other form of code……….is it possible?
It’s also called “Turnaround Tuesday”… but yes, it could still be an UP down, and the rest of the week sell back down some. I’m not expect a big sell off this week, as it could end about flat… but next week is another story.
Tuesday the most bullish day of OPX (normally) that doesn’t mean it can’t go down for sure, btw I told hobstars that the overnight high is most likely in and we are stair stepping down now
I expect some selling (probably Tuesday), but the rest of the week could go back up and erase any selling. So yeah, I agree with you on that one. I’m looking more toward the week after opx to be down. This week is a tough one to call.
There is a 111.55 FP now, which is simply “gap fill”. It could be our closing target today?
I think 1130 would be a great place to get short. We should have a move down from that level for sure… at least a one day move, and maybe more?
The concern is that they might try to pop it above that level briefly, to clear out the overhead stops… then reverse hard not allowing the bears to get short. The move down will likely happen overnight, when no one is positioned for it.
Ascending triangle of S&P 500:CLICK HERE
then they must be post some (fake) fp’s time to time to confuse us.
what i feel that we go 1130 area today(or tomoorow) with extreme buying to the perfect entry point for us & even feel like many beers wouldnt get entry when fall began becaus it might be huge one too unexpected for every one. i hope this will happen ……….
I’m sure the people they are sending the message to… know the code for the time frame. I don’t know the that information unfortunately, so I have to use technical analysis to figure out the direction, and add in the FP’s when we go in that direction.
i had average the put at every rise 5500,5600,5700, now waiting for 5900 common, i want to see how extreme this meaningless rally……..
red i want to ask u why ‘they’ use fp to pointing out the next target? is there any technical reason ? there r many other things too. if it is only method then they must have mention their expected time frame with that fp with any other form of code……….is it possible?
It’s also called “Turnaround Tuesday”… but yes, it could still be an UP down, and the rest of the week sell back down some. I’m not expect a big sell off this week, as it could end about flat… but next week is another story.
Tuesday the most bullish day of OPX (normally) that doesn’t mean it can’t go down for sure, btw I told hobstars that the overnight high is most likely in and we are stair stepping down now
I expect some selling (probably Tuesday), but the rest of the week could go back up and erase any selling. So yeah, I agree with you on that one. I’m looking more toward the week after opx to be down. This week is a tough one to call.
Dow Jones futures before opening bell:CLICK HERE