Just looking at the charts — the days with those big down spikes seem to be followed by one day with downside, then the market goes up. Small sample size — just what's on your chart.
AAPL looks like it wants to fill the huge gap. That would correlate well with the spy at 117 which is my target. If it does hit 117 I'm going long til opex. I expect the greece decision to be over the weekend. Monday it should rally hard.
Red – I don't think I will be here today. If you want to short then do it today at SPX 1189 (if it gets there) and get out (today) at 1165 SPX (tomorrow should be up). The next few days after today should be chop with a downward move starting again next week. This is coming from someone who has been right on the money (not me).
The Greece and Portugal situation is pure BS. IMO There are so many analysts on wall street you don't think they would have figured that out weeks ago. and today its a big surprise??? LOL shaking the tree IMO
Now GS needs to fill the gap too
http://stockcharts.com/h-sc/ui?s=gs
I'm looking at appl to give me clues. Iy looks like it wants to fill the gap for it to go higher
Just looking at the charts — the days with those big down spikes seem to be followed by one day with downside, then the market goes up. Small sample size — just what's on your chart.
downside on equities
AAPL looks like it wants to fill the huge gap. That would correlate well with the spy at 117 which is my target. If it does hit 117 I'm going long til opex. I expect the greece decision to be over the weekend. Monday it should rally hard.
You mean upside, right?
I wish I could trade this I would make a fortune.
Looks like a setup for more down side tomorrow?
http://stockcharts.com/h-sc/ui?s=$NYUPV:$NYDNV
Carl’s morning call:
June S&P E-mini Futures: Today's range estimate is 1174 – 1189. A swing to 1270 should begin from a low near 1175 today or tomorrow.
1177.50–1208 actual yesterday (30.50 points)
1176.75 low last night
1174-1189 estimate for today (15 points)
1188 currently, so estimate is -14 to +1 from here (Very Bearish)
Red – I don't think I will be here today. If you want to short then do it today at SPX 1189 (if it gets there) and get out (today) at 1165 SPX (tomorrow should be up). The next few days after today should be chop with a downward move starting again next week. This is coming from someone who has been right on the money (not me).
here is another view
Bullish for tomorrow
http://stockcharts.com/h-sc/ui?s=$NYUPV:$NYDNV
IMO it should be short lived
The Greece and Portugal situation is pure BS. IMO There are so many analysts on wall street you don't think they would have figured that out weeks ago. and today its a big surprise??? LOL shaking the tree IMO