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Post by theMist on Feb 27, 2017 10:32:13 GMT -5
S&P breaking out over that horizontal resistance and should test 2380-2400 in near term free image host
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Post by walnut on Feb 27, 2017 10:34:59 GMT -5
Business seemed slow to me too
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Post by theMist on Feb 27, 2017 10:35:08 GMT -5
stay short the SCAMs IMO should have more to fall That VXX H&S measures around 17.30 range VXX 17.72
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Post by walnut on Feb 27, 2017 10:38:44 GMT -5
I have to leave in a few minutes, planning to stay short, feeling a little scared haha
I'll be watching from the phone
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Post by theMist on Feb 27, 2017 10:39:19 GMT -5
S&P breaking out!!!
Nice!!
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Post by clinton on Feb 27, 2017 10:41:54 GMT -5
bad data no problem
fed will just print some more money for banks to buy more stawks.
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Post by theMist on Feb 27, 2017 10:42:23 GMT -5
I have to leave in a few minutes, planning to stay short, feeling a little scared haha I'll be watching from the phone S&P breaking out and has more legs you'll be fine -- you can always setup that alert VXX 17.66 H&S measures 17.30 range and lower channel line broke and looking very bearish on all timeframes. Also, VXX has 10dsma at VXX 17.66 and a close below it would be real nice. Somestimes VXX will hit its target of VXX 17.30 range and then rise backup to end the day at right around the 10dsma VXX 17.66ish 10sma is getting a little in the way as I type but should get through it.
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Post by theMist on Feb 27, 2017 10:43:55 GMT -5
But I'm going to be trading / scalping and taking some profits if VXX hits 17.30 range
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Post by Herceg on Feb 27, 2017 10:44:57 GMT -5
Yet the mkt. is on fire..................of course there are no algos at work..............LOL
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Post by theMist on Feb 27, 2017 10:45:13 GMT -5
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Post by theMist on Feb 27, 2017 10:47:19 GMT -5
VXX 15 min timeframes look bearish horizontal supports, daily 10sma may get in the way a little but H&S has target of VXX 17.30 range Break below VXX 17.24 and that would be real nice jpg images
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Post by theMist on Feb 27, 2017 10:48:57 GMT -5
VIX SCAMs threw us a curve ball last week and WE NEEDED absolute confirmation that they were trading normal again
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Post by theMist on Feb 27, 2017 10:55:47 GMT -5
Look at where VXX Hourly tagged Needs to get below that lower BB and that red descending resistance and it should with H&S target measuring VXX 17.30 range Indicators bearish contango almost 16% image hosting free no registration
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Post by clinton on Feb 27, 2017 11:18:38 GMT -5
from fri
Feb. 24 at 4:01 PM TopstepTrader Almost comical at this point $ES_F $DJ_F
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Post by theMist on Feb 27, 2017 11:36:39 GMT -5
The thing that concerns me if taking a hard bearish stance at this point, is that a lot of people are looking for it and hating this rally. There are still plenty of bears.
S&P will pullback and correct one day but charts not showing the big top just yet and appears to be wanting to get to my S&P2460ish target real fast. Every quick selloff and flash of fear has been met with buying.
Spikes in VIX, VIX SCAMs are still headfakes for now. contango between 15-16% and was telling us that
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Post by theMist on Feb 27, 2017 12:06:25 GMT -5
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Post by Herceg on Feb 27, 2017 12:21:48 GMT -5
This is too much of nothing for me today............. ...........have a good day all........going to watch the grass grow before work.........
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Post by theMist on Feb 27, 2017 13:02:48 GMT -5
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Post by lasvegas77 on Feb 27, 2017 13:34:59 GMT -5
Shorted vxx at 17.67. Wish I woke up earlier today to short it for a bigger gain. I thought it was the weekend this morning so didn't even look at the market and stayed in bed.
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Post by walnut on Feb 27, 2017 13:39:19 GMT -5
Hope it continues down for 2 days
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