Check this guy's charts out: I haven't been paying too much attention to him for awhile but he has some nice tick charts. 100 period average of the 1min tick charts is pretty much near the upper extreme of its range. http://stockcharts.com/def/servlet/Favorites.CS…
We come pretty close to our 111.07 FP target. The 15 minute chart looks about topped out now, and it's now the bewitching hour. So, that might be about as high as the market goes?
IWM topped out intraday around 15 minutes ago, looking for a pullback to the 64.8 area. Exited my IWM shorts from 66.6 to 64, my target exit price for the IWM short. Now I have to go calculate the whole thing all over again.
I expect the market to close down, most likely on the low of the day. Today is forming a nice reversal candle.
Check this guy's charts out: I haven't been paying too much attention to him for awhile but he has some nice tick charts. 100 period average of the 1min tick charts is pretty much near the upper extreme of its range. http://stockcharts.com/def/servlet/Favorites.CS…
We come pretty close to our 111.07 FP target. The 15 minute chart looks about topped out now, and it's now the bewitching hour. So, that might be about as high as the market goes?
IWM topped out intraday around 15 minutes ago, looking for a pullback to the 64.8 area.
Exited my IWM shorts from 66.6 to 64, my target exit price for the IWM short. Now I have to go calculate the whole thing all over again.
The GDP numbers must be coming out good???
When volume is this light and vix is fixed they can do whatever they want.
They do love those rituals Geccko… LOL!
Unreal
Haha. Just saw SP was down 6.66 at 1099.47 (911?) over at AAII site.
AAII shows 40%bulls 33%bears. Boy do they flip flop from week to week.
My gut tells me that the FP of 111.07 spy is our upside target, so yeah… we are going up now.