Good catch. $RUT has been up the last 6 days! If one bought $RUT at the $RUT:$RVX buy signal, and held it all the way, they'd be green (barely). Maybe the better move is to short TZA, instead.
I don't think it is going to make it to the upper BB this week. In fact, I'd put $$$ on that.
I took a small… very small short position today at 110.35 spy. I'm looking for a move down to 108-109 by Friday, as 108 is the current pain level for this opx.
no with the 195 minute time frame 9:30-12:45, 12:45-4:00, there was a potential setup if we had gotten a higher 12:45 close than 9:30 opening on the SPY, but we didn't, so i don't have a bias for the 12:45-4:00 time frame
sorry if i'm hard to understand there is a lot of inputs and parameters to these setups
this setup came from the 120 min time frame, the 9 consecutive higher closes than opens as of yesterday close carried a 93 percent chance of a lower close than open,
so today's example SPY opened @ 110.27 9:30 and closed 109.89 @ 11:30 thus completing this setup
There might be a setup on the 195 min print @ 12:45, I'll have to see where it closes
Good catch. $RUT has been up the last 6 days! If one bought $RUT at the $RUT:$RVX buy signal, and held it all the way, they'd be green (barely). Maybe the better move is to short TZA, instead.
I don't think it is going to make it to the upper BB this week. In fact, I'd put $$$ on that.
dread, time to look at the rut/rvx again.. it is about to touch the upper BB.
http://stockcharts.com/h-sc/ui?s=%24RUT:%24RVX&…
Thanks sun…
I took a small… very small short position today at 110.35 spy. I'm looking for a move down to 108-109 by Friday, as 108 is the current pain level for this opx.
No more large positions… as this last one hurt.
SPY opened and closed above it's max contain pt. on the daily
We'll see what the open is tomorrow, AAPL's print on the daily isn't very bullish
The last two thursday's have been a gap down
That's helps. thanks, Now are you looking for a setup for tomorrow with the data from 12:45 -4:00?
no with the 195 minute time frame 9:30-12:45, 12:45-4:00, there was a potential setup if we had gotten a higher 12:45 close than 9:30 opening on the SPY, but we didn't, so i don't have a bias for the 12:45-4:00 time frame
sorry if i'm hard to understand there is a lot of inputs and parameters to these setups
I think I understand you to be saying you think we close down? I enjoy reading your post but it is sometimes hard for me to understand.
12:45 195 print came through with a lower close than the opening (9:30) thus voiding a potential setup
Interesting thought process. look forward to seeing 12:45 picture.
this setup came from the 120 min time frame, the 9 consecutive higher closes than opens as of yesterday close carried a 93 percent chance of a lower close than open,
so today's example SPY opened @ 110.27 9:30 and closed 109.89 @ 11:30 thus completing this setup
There might be a setup on the 195 min print @ 12:45, I'll have to see where it closes