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Post by theMist on Mar 15, 2017 13:46:38 GMT -5
INVERSE H&S now on S&P!!
Measures SP 2400
I reshorted vxx @ 16.34 for another scalp
safe to say that VXX H&S target in 16.20 range has been hit and could still go lower
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Post by theMist on Mar 15, 2017 13:59:52 GMT -5
S&P chart Right shoulder bottom of H&S now turned into inverse H&S not the cleanest but it is a bottoming pattern double bottom confirmed also Both patterns measures approx SP 2390-2400 image url upload
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Post by theMist on Mar 15, 2017 14:15:31 GMT -5
Serious Bear squeeze going on with that H&S that potentially was forming and now busted. Huh had it right. Huh makes a good Bull!
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Post by theMist on Mar 15, 2017 14:25:34 GMT -5
Walnut - how much you holding for long term? VXX 16.28
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Post by walnut on Mar 15, 2017 14:26:02 GMT -5
5000 shares at 16.45
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Post by theMist on Mar 15, 2017 14:27:45 GMT -5
nice I remember when you said you reshorted. S&P has a lot higher bullish targets now -- what a day I reshorted 11k VXX @ 16.33 avg SCAMs are going much lower
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Post by walnut on Mar 15, 2017 14:28:04 GMT -5
But I am up pretty good for the day beyond that trade
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Post by theMist on Mar 15, 2017 14:28:43 GMT -5
But I am up pretty good for the day beyond that trade me too
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Post by theMist on Mar 15, 2017 14:34:25 GMT -5
What a bear squeeze - you think they were looking at the same possible H&S pattern as I was?!
The only problem is the Bears took positions betting on it AND are NOW getting lined up
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Post by walnut on Mar 15, 2017 14:34:55 GMT -5
I wish I'd been 11k short VXX all day... didn't have that much confidence in fed day
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Post by walnut on Mar 15, 2017 14:36:43 GMT -5
Hope it doesn't retrace like it did on the 2nd. This one might stick though
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Post by theMist on Mar 15, 2017 14:37:28 GMT -5
I wish I'd been 11k short VXX all day... didn't have that much confidence in fed day as you would say hindsight is 20/20 Could have gone the other way as well. We played it safe and we're catching a nice move... VXX 16.21
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Post by theMist on Mar 15, 2017 14:48:40 GMT -5
Last 15 min candle on S&P is shooting star
S&P might pullback slightly and hod should be in but going forward S&P going much higher. IMO
VXX also put in corresponding green hammer candle but there's only 1 candle left by close
15 min charts
trend is still up for S&P
contango curve looking real good also
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Post by walnut on Mar 15, 2017 14:49:10 GMT -5
I'm sticking with it but maybe you should have already gotten out at 16.21?
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Post by theMist on Mar 15, 2017 14:51:01 GMT -5
I'm sticking with it but maybe you should have already gotten out at 16.21? I'm still up nicely on the day Might have one more chance with VXX going into 16.20 range and maybe in AH not concerned
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Post by walnut on Mar 15, 2017 14:51:13 GMT -5
You stick with it too now haha
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Post by lasvegas77 on Mar 15, 2017 14:51:35 GMT -5
Perhaps the market has buyer's remorse.
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Post by theMist on Mar 15, 2017 14:52:41 GMT -5
250M to BUY SIDE
9 to 1 advances to declines
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Post by theMist on Mar 15, 2017 14:53:35 GMT -5
Perhaps the market has buyer's remorse. You mean buyers of volatility?!
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Post by lasvegas77 on Mar 15, 2017 14:56:28 GMT -5
Naw. I highly doubt you'll see the low of the day again today even after hours.
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