Yesterday AAPL closed above the yellow TL, today the operator gapped AAPL below it and immediately back tested it Most of today AAPL has been dancing with it's twin TL, the white one Yesterday the operator threw a 199.25 de-leverage tick, it perfectly correlates with AAPL's CTL
That's my thinking too Monica. We are in extremely light volume right now, and that means it's easy to push up. I'm still in cash, and waiting for the 114.80 print.
You know there are tons of people that just went short today at that double top. Wouldn't you squeeze them out by rallying into the close, before you drop it on Monday? I would, if I were them.
I suspect that there is a lot of people that went short here at this double top today. That leads me to believe that they will get squeeze out by the EOD, as we rally to 114.80 spy.
Makes perfect sense now, as I'd go short at that double top too… if I wasn't following the fake prints, and instead just using TA's.
interesting.
Here's a good example of how the operators don't throw random de-lever ticks
AAPL
http://www.flickr.com/photos/47091634@N04/45872…
Yesterday AAPL closed above the yellow TL, today the operator gapped AAPL below it and immediately back tested it
Most of today AAPL has been dancing with it's twin TL, the white one
Yesterday the operator threw a 199.25 de-leverage tick, it perfectly correlates with AAPL's CTL
113 level
When I was out to lunch I saw the operators ramped them up to 113.26
I got you… so the high might be in for today. I'm just trying to figure out where I should get short again? And clues on a possible target today?
If you want my opinion on the purpose of the SPY 114.80 tick is that it will be the first de-leverage pt coming out of the bottom around 105.0
People will be shorting around the 114.80 area coming out of the bottom because the mind controlled fools see a Massive H&S
the operators just don't throw random ticks, there is a purpose behind them, you have to find the correlation
The SPY 109.65 tick was easy, because it was 1 of 2 $SPX gaps the operators left yesterday afternoon
http://www.flickr.com/photos/47091634@N04/45842…
Is that teal line above at 114.80? Do you think the high is in today yet?
Keeping things simple is a essential pillar to maximizing trades & will prevent oneself from over trading
All this dancing in the SPY 112's is because their is twin containment pts. (Yes, the same setup as their was in the 116's)
The purple one held the SPY during the 2.5.2010 low.
The TL that held SPY during the Jan. High was gapped below today, the morning upthrust successfully back tested it.
http://www.flickr.com/photos/47091634@N04/45871…
That's my thinking too Monica. We are in extremely light volume right now, and that means it's easy to push up. I'm still in cash, and waiting for the 114.80 print.
You know there are tons of people that just went short today at that double top. Wouldn't you squeeze them out by rallying into the close, before you drop it on Monday? I would, if I were them.
I don't know what to suspect at this point but I will stay in cash unless we reach that level.
I suspect that there is a lot of people that went short here at this double top today. That leads me to believe that they will get squeeze out by the EOD, as we rally to 114.80 spy.
Makes perfect sense now, as I'd go short at that double top too… if I wasn't following the fake prints, and instead just using TA's.