tomorrow is 77 calendar days off the 2.5.2010 low
2nd thrust of bull ended (9.23.2009) @ 77 calendar days 4th thrust of bull ended (1.19.2010) @ 78 calendar days
what's the common theme with all those; they all lost daily containmentHere's a IWM chart & you see what happens when you lose all daily containmenthttp://www.flickr.com/photos/47091634@N04/45435…
The problem with that scenario is, RSP,RUT, MID, SML all broke new high vs last week's top. I would put more weight into it IF those indexes concur.
Place bets accordingly & then grab a big bucket of popcornhttp://www.flickr.com/photos/47091634@N04/45434…
Still 119 May SPY puts
gap fill today on SPY and Q's
What is your chosen short method this time, Monica?
Yeah, I figured that was coming very soon. That matches Alphahorn's target as well.
Carl now says:
I think the market is now headed for 1225 or so (green oval). At that point it will become vulnerable to another 30 point break.
1:11 estSPY 119.12 print
tomorrow is 77 calendar days off the 2.5.2010 low
2nd thrust of bull ended (9.23.2009) @ 77 calendar days
4th thrust of bull ended (1.19.2010) @ 78 calendar days
what's the common theme with all those; they all lost daily containment
Here's a IWM chart & you see what happens when you lose all daily containment
http://www.flickr.com/photos/47091634@N04/45435…
The problem with that scenario is, RSP,RUT, MID, SML all broke new high vs last week's top. I would put more weight into it IF those indexes concur.
Place bets accordingly & then grab a big bucket of popcorn
http://www.flickr.com/photos/47091634@N04/45434…
Still 119 May SPY puts
gap fill today on SPY and Q's
What is your chosen short method this time, Monica?
Yeah, I figured that was coming very soon. That matches Alphahorn's target as well.
Carl now says:
I think the market is now headed for 1225 or so (green oval). At that point it will become vulnerable to another 30 point break.
1:11 est
SPY 119.12 print