June S&P E-mini Futures: Today's range estimate is 1198 – 1210. A swing to 1270 is now underway.
1207.50–1216.50 actual yesterday (9 points) 1200.75 low last night 1198-1210 estimate for today (12 points) 1205 currently, so estimate is -7 to +5 from here (neutral)
Hi Red Missing a march debacle was disappointing BUt Im looking for a REPEAT of April 2000 within the next 10days May 4th to 6th has a harmonic energy cluster that should see what is commonly called a CLIMACTIC ending when you get 3 severe down days in a row From that, the mkt should regain legs from such NEGATIVE sentiment to continue its journey back UP till Mid june and or Mid july Again, take a look at y2k for similarities to 2010 and 2001 = 2011 then 2012 = 2002 Jay
I just can't decide whether to cover at 1195 or so or let it ride. We are due for a bigger correction based on Sundancer's calendar day limit but the problem with the options is the time decay. I did buy more 122 puts at the high yesterday. Probably should cover half.
We shall see Carl – looks to me like we have a bigger move down.
OK great! I'll take either of those.
Carl’s morning call:
June S&P E-mini Futures: Today's range estimate is 1198 – 1210. A swing to 1270 is now underway.
1207.50–1216.50 actual yesterday (9 points)
1200.75 low last night
1198-1210 estimate for today (12 points)
1205 currently, so estimate is -7 to +5 from here (neutral)
Hi Red
Missing a march debacle was disappointing
BUt Im looking for a REPEAT of April 2000 within the next 10days
May 4th to 6th has a harmonic energy cluster that should see what is commonly called a CLIMACTIC ending when you get 3 severe down days in a row
From that, the mkt should regain legs from such NEGATIVE sentiment to continue its journey back UP till Mid june and or Mid july
Again, take a look at y2k for similarities to 2010
and 2001 = 2011
then 2012 = 2002
Jay
the one that was born on 4.28 is extremely successful in the business world (4.28 = 2.4.8 sequence)
the one that was born on 4.29 is really nice & fun to be around
Hi. I am forex-cat.
Your article is always useful.
Thanks.
…my blog:
http://forex-chart-analysis-and-a-cat.blogspot.com/
LOL! Too Funny!
By the way, what is “Normal” anyway? … The Blue Pill takers?
I guess I should have said nice! Nice is better than normal and I don't know anyone normal.
LOL! Now that's funny!
What is “Normal” anyway Monica? … The Blue Pill takers?
I just can't decide whether to cover at 1195 or so or let it ride. We are due for a bigger correction based on Sundancer's calendar day limit but the problem with the options is the time decay. I did buy more 122 puts at the high yesterday. Probably should cover half.