June S&P E-mini Futures: Today's range estimate is 1030-65. I expect a long lasting low to develop today or tomorrow. Once the low has been established I think the ES will begin a rally that will take it to 1300 and higher.
1036.75 – 1169.50 range last night (32.75 points) 1030-1065 estimate for today (30 points) average actual range last 10 days has been 24.6 points
1044 currently, so estimate is -14 to +21 from here (a bit bullish)
FTSE plunged at their opening and is backtesting. They ought to be done about when we open and we will probably drop together in the first hour. I expect we will spend mid-day backtesting and plunge again late in the day.
Put and ETF prices may actually peak in the afternoon, higher than the actual bottom tomorrow which may be a relatively calm affair. That's what happened last time.
ouch ouch ouch…early morning pain…we are going straight to the bottom this mornin…S3 is 105.30 and we are at 105.06 now…I think I'm safe in sayin going down eh…
http://www.cnbc.com/id/37320650 Hey Red if you could send this to Anna, if she has not already seen it.. Gartman calls to jump into gold, and Whitney Tilson says more than Fast $ wanted him too..LOL! I guess Anna went all Pay site.. good for her tell her I wish her the best on her Gold trades.. 3 of 3 of 3 of wave 1 is on.. Dark, and yourself should do well, I am in 100% to the downside.. have a great day…
Goooooood Moooornin all…rainy CA is still here for another day….boy red glad I listened to you….I am in your camp when it came to the charts lining up…I didn't get out yesterday still in and I still think we get close to 998…I will probably get out to day on the way down and take my little cut and be happy…
Carl’s morning call:
June S&P E-mini Futures: Today's range estimate is 1030-65. I expect a long lasting low to develop today or tomorrow. Once the low has been established I think the ES will begin a rally that will take it to 1300 and higher.
1036.75 – 1169.50 range last night (32.75 points)
1030-1065 estimate for today (30 points)
average actual range last 10 days has been 24.6 points
1044 currently, so estimate is -14 to +21 from here (a bit bullish)
Futures are piling on. A gap up looks out of reality. Question is when to get in. At open ?? or do you wait for that pause.
I guess i will add a little at open and see where it goes. But this expected bounce is gone IMO.
DOW Theory did say a break below 10221 was it.
FTSE plunged at their opening and is backtesting. They ought to be done about when we open and we will probably drop together in the first hour. I expect we will spend mid-day backtesting and plunge again late in the day.
Put and ETF prices may actually peak in the afternoon, higher than the actual bottom tomorrow which may be a relatively calm affair. That's what happened last time.
Flipper babe, no Hob still free just got to Hotoptionbabe.com I miss you and thanks for the info!!~
I don't think the big drop will happen till a little later.
jobless claims thurs, what if they are bad, ie two weeks in a row!
ism manufacturing last tradingday of the month. High dollar and weakness overseas could means weak number.
these are two reasons for a tank
Eh Moby…you out a bed yet…your going to miss the ride down….
ouch ouch ouch…early morning pain…we are going straight to the bottom this mornin…S3 is 105.30 and we are at 105.06 now…I think I'm safe in sayin going down eh…
http://www.cnbc.com/id/37320650 Hey Red if you could send this to Anna, if she has not already seen it.. Gartman calls to jump into gold, and Whitney Tilson says more than Fast $ wanted him too..LOL! I guess Anna went all Pay site.. good for her tell her I wish her the best on her Gold trades.. 3 of 3 of 3 of wave 1 is on.. Dark, and yourself should do well, I am in 100% to the downside.. have a great day…
Goooooood Moooornin all…rainy CA is still here for another day….boy red glad I listened to you….I am in your camp when it came to the charts lining up…I didn't get out yesterday still in and I still think we get close to 998…I will probably get out to day on the way down and take my little cut and be happy…
Guess we don't have that possibility anymore, barring an FM (a ****ing miracle).
Hope we get some kind of reaction rally so that you can get on board, Red. Or, you could buy some TZA to have a dog in the fight.