Perfect… get out at 115.00 and go long at 114.80… It will be fast and furious so I won't be doing limit orders… that's for sure.
If we hit 109.65 tomorrow, then 115.00 should be hit Monday, and then turn-around Tuesday will be up. Is that what you are thinking? Or, do you think Tuesday will be the low?
Yeah… I know! I lost a bunch back in February when I went short around 1060-1070, only to watch a big reversal happen at 1044.50… I won't make that mistake again.
That's tomorrow's target then… And I thought they might rally a little first. If it goes down there tomorrow, then many people will go long into Monday and get killed.
TZA opened up 2.3%, and the opening gap was filled. TZA was up 28.4% at the high, and closed up 11.2%.
An earlier gap up from $5.53 to $5.77 remains unfilled.
We are now in a Full Moon Trade, which tends to favor TNA. AmericanBulls had TNA with a Wait today, and TNA fell, so TNA will be a Wait for tomorrow. AmericanBulls had TZA with a Hold today, and TZA was up, so TZA will be a Hold for tomorrow. TZA bought at $5.54. TZA closed today at $7.01, so this trade is now up 26.5%.
Volume for TZA today was highest ever — about 4 times the average.
$RVX (VIX for $RUT) closed up 10.4% with TZA up 11.2%.
TZA has been up, then down, for 7 days now. Chop, but drifting up. Good for TZA.
The low for TZA was from seven days ago at $5.30. Today’s low was $6.23, 17.5% higher. Good for TZA.
Yesterday, Ultimate Oscillator for TZA dropped from 55.9 to 55.09 – a small drop that mismatched the 4.3% gain in TZA. Today, Ultimate Oscillator for TZA dropped from 55.09 to 47.3 – a fair sized drop that mismatches the 11.2% gain in TZA. A reading over 50 moving to a reading under 50 is bad, and this is a big divergence. Bad for TZA.
MACD is below zero, but has been moving up steadily, and up a lot today. Good for TZA.
Bollinger Bands for $RVX (VIX for $RUT): White candle closed far and away above the upper Bollinger Band. MACD is aggressively rising. This could be the 1st day of a 3-day $RUT buy signal. Good for TZA for the time being.
Bollinger Bands for $RUT: Today’s red candle closed far and away below the lower Bollinger band with a huge tail. This could be the beginning of a bounce in $RUT, Bad for TZA. MACD has rolled over (down) and falling. Good for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): The red candle today was far and away below the bottom Bollinger band. Happens all the time lately, but it’s really supposed to be quite rare. The close below the lower Bollinger Band is considered a $RUT buy signal. Bad for TZA, for a day or two.
Down volume on the NYSE today was 22 times the up volume. In the recent past this has been followed by an up day either the next day or the day after that. Bad for TZA tomorrow or the next day.
TZA had a higher high, higher low and higher close – Good for TZA.
Money flow for the Total Stock Market: $ 1,736 million flowing out of the market 2 days ago. $ 1,649 million flowing out of the market yesterday. $ 874 million flowing into the market today. Bad for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
XLF has a gap @ 13.95 from 2.12.2010 that is going to get filled
Yes 212 the boiling pt.
666/212 = Pi
It's all one big ritual
the operators gave everybody ample notice…..
from last week
oh the operators make me laugh
yesterday they closed the S&P @ 1,212
today QQQQ -2.12%
yep the boiling pt. is getting near……..
I got you, gap up and then sell off to 109.65 into the close… or hit 109.65 on Monday, then 105.00 on Tuesday.
no I think they'll push the SPY up in the morning into the 114's
I seen ticks for the XLF @ 15.58 & it closed @ 15.25
SPY currently has 3 consecutive gap downs, so don't be surprised if there is a gap up
Perfect… get out at 115.00 and go long at 114.80… It will be fast and furious so I won't be doing limit orders… that's for sure.
If we hit 109.65 tomorrow, then 115.00 should be hit Monday, and then turn-around Tuesday will be up. Is that what you are thinking? Or, do you think Tuesday will be the low?
they threw a 114.80 tick today during the 14:48 candle so in the 114's will be the ideal area to acquire some inventory
Yeah… I know! I lost a bunch back in February when I went short around 1060-1070, only to watch a big reversal happen at 1044.50… I won't make that mistake again.
you wouldn't believe how many people lost everything today (house, car, boat,)
Futures are a dangerous game……..
That's tomorrow's target then… And I thought they might rally a little first. If it goes down there tomorrow, then many people will go long into Monday and get killed.
SPY AH Tick 109.65
TZA opened up 2.3%, and the opening gap was filled. TZA was up 28.4% at the high, and closed up 11.2%.
An earlier gap up from $5.53 to $5.77 remains unfilled.
We are now in a Full Moon Trade, which tends to favor TNA.
AmericanBulls had TNA with a Wait today, and TNA fell, so TNA will be a Wait for tomorrow.
AmericanBulls had TZA with a Hold today, and TZA was up, so TZA will be a Hold for tomorrow. TZA bought at $5.54. TZA closed today at $7.01, so this trade is now up 26.5%.
Volume for TZA today was highest ever — about 4 times the average.
$RVX (VIX for $RUT) closed up 10.4% with TZA up 11.2%.
TZA has been up, then down, for 7 days now. Chop, but drifting up. Good for TZA.
The low for TZA was from seven days ago at $5.30. Today’s low was $6.23, 17.5% higher. Good for TZA.
Yesterday, Ultimate Oscillator for TZA dropped from 55.9 to 55.09 – a small drop that mismatched the 4.3% gain in TZA. Today, Ultimate Oscillator for TZA dropped from 55.09 to 47.3 – a fair sized drop that mismatches the 11.2% gain in TZA. A reading over 50 moving to a reading under 50 is bad, and this is a big divergence. Bad for TZA.
MACD is below zero, but has been moving up steadily, and up a lot today. Good for TZA.
Bollinger Bands for $RVX (VIX for $RUT): White candle closed far and away above the upper Bollinger Band. MACD is aggressively rising. This could be the 1st day of a 3-day $RUT buy signal. Good for TZA for the time being.
Bollinger Bands for $RUT: Today’s red candle closed far and away below the lower Bollinger band with a huge tail. This could be the beginning of a bounce in $RUT, Bad for TZA. MACD has rolled over (down) and falling. Good for TZA.
Bollinger Bands for $RUT:$RVX ($RUT vs VIX for $RUT): The red candle today was far and away below the bottom Bollinger band. Happens all the time lately, but it’s really supposed to be quite rare. The close below the lower Bollinger Band is considered a $RUT buy signal. Bad for TZA, for a day or two.
Down volume on the NYSE today was 22 times the up volume. In the recent past this has been followed by an up day either the next day or the day after that. Bad for TZA tomorrow or the next day.
TZA had a higher high, higher low and higher close – Good for TZA.
Money flow for the Total Stock Market:
$ 1,736 million flowing out of the market 2 days ago.
$ 1,649 million flowing out of the market yesterday.
$ 874 million flowing into the market today.
Bad for TZA.
I will post the AmericanBulls candlestick interpretation a bit later.
Overall, it looks bad for TZA for tomorrow.