Red

Yeah Jim,

It seems they are still propping the market up for awhile longer. How long is the question? With opx being next week, which is usually bullish, they do need to flush out some of the bulls before then.

We still have that 105.39 spy FP, which will be hit at some point. I just wonder if it will be this week, or next?

Vixes are holding up far longer than i thought on today’s action but they just are not producing the pps drop needed or normal at these levels.

notice Rvix is 9.69 % and RUT is down 1.65% compared to vix @ 10.7 and spx is only down .89%

Chop chop chop… are we going to break, or not? Not is my guess…

10 points minimum.

So length is what 15 points?? so that could be break below gap if it plays out. 1085??

Nice TY yes 🙂

FLAG of S&P 500

Lesson from Friday: calculate your stops carefully, too close and you lose out.
I shorted VNO friday after watching the 5 & 15min charts. 15 min moon shot trend line broke. I shorted via put options – stupidly or moronically – I set the stop too close to the high of the day. 10mins after shorting and it reversed and tagged the high of the day and just spiked a little enough to trigger my stop.
Today it is down 1.12%.

Memorial Day!!! you in a time warp hahhahahahha

http://hotoptionbabe.com/blog/60-close-to-a-short-term-top-on-spx.html

Dow Jones futures before opening bell