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Post by walnut on Jun 20, 2017 13:50:41 GMT -5
Wanting to go back to Northern New Mexico soon. Red River, Eagles Nest, Taos and Chama. It is close and the temps are usually in the 60s in summer. That is an easy trip from here.
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Post by theMist on Jun 20, 2017 14:02:48 GMT -5
Moved up order to cover VXX @ 12.67
may adjust again
VXX proving tough to fill morning gap up from 12.58
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Post by theMist on Jun 20, 2017 14:18:41 GMT -5
VXX gapped up today and now has formed H&S pattern Head at HOD 12.97 VXX 15 min chart  |
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Post by theMist on Jun 20, 2017 14:37:08 GMT -5
Not a good last half hour with S&P breaking support and going back and forth above/below it
SP2440 support
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Post by ipath on Jun 20, 2017 14:48:34 GMT -5
Whats the next support bellow 2440.... 2419?
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Post by theMist on Jun 20, 2017 14:49:46 GMT -5
Sp 2433 is a gap fill and undoes all of yesterday's gains
But there is a moving average in this spot at 2437 (50EMA on Hourly)
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Post by theMist on Jun 20, 2017 14:52:22 GMT -5
500M to SELL SIDE
and obviously seeing it in final hour
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Post by ipath on Jun 20, 2017 15:01:51 GMT -5
12.5 put options on VXX are .08, expiring Friday. If VXX goes to 12.5 tomorrow these will go up 4x.. I couldn't resist, just got some  |
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Post by ipath on Jun 20, 2017 15:04:27 GMT -5
hope all my option buying wont create that MAX pain at 12.5.. I would feel bad to be the reason VXX doesn't drop below 12.5 on Friday |
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Post by theMist on Jun 20, 2017 15:05:14 GMT -5
S&P Hourly ChartS&P backtested and broke below support We still have large iH&S target of SP2468ish 
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Post by ipath on Jun 20, 2017 15:09:09 GMT -5
 Mist, I think you simply didn't do enough hammering today
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Post by theMist on Jun 20, 2017 15:09:28 GMT -5
Mist, I think you simply didn't do enough hammering today You're probably right lol Ya think my order to cover in AH at 12.70 will hit? Watch tomorrow VXX drops down to 12.50 range lol talk to you guys later- |
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Post by ipath on Jun 20, 2017 15:12:38 GMT -5
Mist, I think you simply didn't do enough hammering today You're probably right lol Ya think my order to cover in AH at 12.70 will hit? Watch tomorrow VXX drops down to 12.50 range lol talk to you guys later- I certainly hope so.. there is no hurry, it is already dropping. I will keep overnight, I shorted TVIX when it was over $27 |
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Post by walnut on Jun 20, 2017 15:13:02 GMT -5
Another day where the move might be hidden in the overnight. be up at 5 am to catch some of it
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Post by walnut on Jun 20, 2017 15:13:40 GMT -5
I'd got out earlier this afternoon, no loss. no gain
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Post by theMist on Jun 20, 2017 15:33:44 GMT -5
Maybe can just toss up late afternoon drop as just the SELL imbalance
VXX dropping nicely in AH and maybe indicating a gap up in S&P tomorrow and possibly back over that support SP2440ish
ttyl
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Post by ipath on Jun 20, 2017 15:35:50 GMT -5
you may even get your 12.70 mist... BOL
ttyl
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Post by theMist on Jun 20, 2017 18:03:15 GMT -5
Jim's Video
Basically sums up today's action -- backtest of sym triangle support
bounced off it twice and then 3rd time dropped below it
He's confused as to the weird action today and to be honest it was a weird day
where things didn't work right re S&P
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Post by theMist on Jun 21, 2017 6:25:49 GMT -5
They should just make SP FV -20 everyday to give Bulls a head start lol
Anyway, S&P futures should come down to at least SP2428ish in order to fill the gap to SP2432 on cash charts
since SP FV is -4 -- if S&P is intending to fill that gap
VXX 12.85 in pre
looking for slightly higher prices
VXX hit 13.06 in premarket earlier
Oil appears to be driving this market now
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Post by walnut on Jun 21, 2017 6:33:03 GMT -5
"VXX hit 13.06 in premarket earlier"
I didn't see that, went back to bed after VXX opened.
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