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Post by theMist on Dec 30, 2016 13:57:06 GMT -5
Not yet. Will look to sell my UVXY long position at 8.75-8.81. Will switch bias to shorting UVXY again and look to average in small short position UVXY after the GAP fill. Keeping in mind that they can overshoot the GAP and still rise further.
All depends on the charts and what I see happening after the GAP fill.
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Post by theMist on Dec 30, 2016 14:22:09 GMT -5
VIX scams have NOW FILLED their UPSIDE Gaps. I still see a little more momentum in them to the upside but have to be careful being long now that they have filled the GAPs.
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Post by theMist on Dec 30, 2016 14:33:17 GMT -5
SOLD UVXY long. Starting to average in UVXY short position - nibbling. If starts to fall back from its highs and moves in my direction will be a little more aggressive with short. Remember I'm daytrading.  |
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Post by theMist on Dec 30, 2016 14:56:16 GMT -5
S&P should bounce a little here at 2233.
VIX scams SHOULD start to go back to their normal programming now that the GAPs are filled
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Post by theMist on Dec 30, 2016 15:02:47 GMT -5
CNBC just said there's more indication of selling going into the close. Probably more of that Pension Fund Rebalancing. We'll see.
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Post by theMist on Dec 30, 2016 15:14:16 GMT -5
Come on my Babies! Collapse back down now!! lol  |
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Post by theMist on Dec 30, 2016 15:32:55 GMT -5
CNBC just announced no Trade Imbalance going into the close. Buyers and sellers pretty much paired off now.
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Post by theMist on Dec 30, 2016 15:51:52 GMT -5
MORONs on CNBC just corrected themselves again. Large Market SELL Imbalance going into the close
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Post by theMist on Dec 30, 2016 16:06:51 GMT -5
Should get a nice gap down in the scams on Tuesday.
Have a good weekend everyone! Happy New Year to All!
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Post by clinton on Dec 30, 2016 16:24:44 GMT -5
talk about painting the tape to close out the year!!
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Post by clinton on Dec 30, 2016 16:27:30 GMT -5
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Post by clinton on Dec 30, 2016 16:29:02 GMT -5
freestockcharts says last 10min volume was 19M
that cant be right, insane buy program, then a dump after close maybe?
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Post by theMist on Dec 30, 2016 17:18:05 GMT -5
Clinton - These past 2 days there was a $3-$5 Billion Pension Fund Rebalancing. Volumes make sense. |
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Post by walnut on Dec 30, 2016 21:19:04 GMT -5
Gap down on the scams? You mean opening gap? That does me no good.
Then you guys are thinking the market tends to drop again after that?
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Post by theMist on Dec 30, 2016 21:39:15 GMT -5
Was just talking about opening gap.
Tuesday - if scams are up in premarket short them. If they are down in premarket short them. Hope this helps. Lol
In all seriousness, did you get some shares to short above the gap fill today ? They should be back to normal programming now.
I'll post more what I see early Tuesday premarket.
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Post by walnut on Dec 30, 2016 22:15:38 GMT -5
I was out all day unfortunately, my account is all cash right now
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Post by theMist on Jan 2, 2017 18:59:31 GMT -5
Here's how I see S&P playing out if all goes well. Breakout to the upside from that Falling Wedge and S&P should rise back up to Apex of Symmetrical Triangle and then possibly retest Highs. The S&P 2233 downside target call I made on Friday was based off the Symmetrical Triangle Busted Breakout and also seeing a bounce off 200EMA on S&P Hourly (not shown). VIX scams SHOULD gap down (opening gap) tomorrow and head back down to ALL TIME LOWs. Have to see how futures look in the morning regarding opening gap to confirm. But overall Vix Scams definitely should be turning back down at this point and retest ALL-TIME LOWs. S&P 15 Min Chart  |
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