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Post by huh on Apr 19, 2016 10:57:42 GMT -5
Did anyone play that CLF 3.75 breakout? CLF next support now @ 4.48-4.50
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Post by huh on Apr 19, 2016 11:00:51 GMT -5
...Looks like another small pull back coming. Market can't top until these tiny intraday pull backs stop for a day or two IMO.
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Post by jacksrbtr on Apr 19, 2016 11:23:45 GMT -5
I think the bull is on thin ice now THIS! from the man who plays Judge Elihu Smails in "Caddyshack"!
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Post by huh on Apr 19, 2016 11:27:43 GMT -5
JMO, but I think too soon. Maybe a small quick trade there, but likely to go into blow-off top mode soon here. S&P support now 2088-2089. Hopefully I'm wrong for the sake of your trade. ES lost that support. Next supports are ... Ah forget it. Anything down to ~2067 is still only a mico-pullback, and ~2078.50 would only be a backtest of the previous high & a 50% retracement from yesterday's low. Really nothing to see in this pullback.
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Post by huh on Apr 19, 2016 11:41:02 GMT -5
Yeah, umm, I should have just stuck with the plan and waited for the higher high in BZH. It's finally hitting that today and I expect it'll tag 9.90's/10.00 (to backtest that channel) But a good example & reminder that all of this is ONLY A SQUEEZE BZH target hit (but didn't backtest channel - that currently sits ~10.40) BZH gap fills sits ~9.05-9.10 & would be ~10% down from HOD
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Post by walnut on Apr 19, 2016 11:44:31 GMT -5
I think the bull is on thin ice now THIS! from the man who plays Judge Elihu Smails in "Caddyshack"!
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Post by jacksrbtr on Apr 19, 2016 15:15:30 GMT -5
Made 3% on double the average volume I ain't complainin'.
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Post by novie08 on Apr 19, 2016 15:28:09 GMT -5
There is no way they aren't going to take some monies off the table. The question remains: how much? Hope everyone had a good day; mine was best since 2011 with miners +++. Way overweight with commods...need to slice and dice some.
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