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Post by walnut on Jan 31, 2017 13:36:31 GMT -5
TRUMP/FOMC ?? huge question marks.. I may be wrong but why expose yourself to all that media static that I expect
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Post by theMist on Jan 31, 2017 13:37:10 GMT -5
Just be careful not to chase when/if get more confirmation/promise going into EOD. By then it might be time to cover. lol I will mostly (if not completely) be out of my short TVIX (by 2:30pm EST) which is when I have to leave. So with that notion...need to start pounding again. lol
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Post by theMist on Jan 31, 2017 13:41:17 GMT -5
TRUMP/FOMC ?? huge question marks.. I may be wrong but why expose yourself to all that media static that I expect Gotta trust the charts going into the close today. Looking real good that SCAMs at least retest lod Unless of course there's a large SELL Imbalance that I don't know about. VIX SCAMs are making lower highs all day (hence the descending triangle). The headfakes in the SCAMs so far have been to the upside when you think about it. If pattern of lower highs breaks, then obviously SCAMs will rise
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Post by theMist on Jan 31, 2017 14:03:25 GMT -5
If you take a look at VXX chart I posted, if pattern of lower highs breaks then obviously SCAMs will rise.
And have to be careful that this whole pattern doesn't sort of turn into a bottoming pattern.
VXX flirting at 19.86 with breaking out to upside. Have to be careful.
ttyl - SCAMs can still go either way and flirting with breakout to upside as I type.
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Post by theMist on Jan 31, 2017 15:09:59 GMT -5
Checking in from phone. Still short 18k. Lol
Pretty funny my wife trying to pull me away from PC earlier. Like gambling addict at craps table. Lmao
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Post by novie08 on Jan 31, 2017 15:46:27 GMT -5
Is this the way these are going to roll every day? Markets down but somewhat stick saved into close? Nasdaq green now, S&P trying to turn green, they have 15 minutes, lol.
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Post by theMist on Jan 31, 2017 15:49:13 GMT -5
Back in Black! Cooking with Gas Now!
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Post by theMist on Jan 31, 2017 15:50:32 GMT -5
500M to buy side going into close
If S&P closes green, that will be a nice green hammer candle on Daily chart for S&P
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Post by theMist on Jan 31, 2017 15:57:42 GMT -5
Is this the way these are going to roll every day? Markets down but somewhat stick saved into close? Nasdaq green now, S&P trying to turn green, they have 15 minutes, lol. I see what the S&P is doing -- The pattern has been selling in the morning and breakthrough support (just about 2 supports) that in the afternoon it rises up to backtest the Break. That's why SCAMs are unaffected. They can't fool theMist. So 2 steps down, one TO one one-half steps back up. It's been like that for past 2 days. And now S&P has dropped back down backtested triangle breakout and so far backtest is holding. We have a ton of support in SP2255 area and are now back within the range from low SP2250s to SP2280 that S&P has traded in since early December. VXX flirting with that 19.39 pivot. I say tomorrow it fills the GAP to 19.08 and S&P should be green tomorrow at least in A.M. IMO But will review charts further later this evening. S&P rallied back up 10 handles in 2 hours this afternoon still holding 18k short TVIX I'll post S&P charts later ttyl
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Post by birthmark on Jan 31, 2017 16:34:16 GMT -5
AAPL beat. GL
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Post by theMist on Jan 31, 2017 19:49:36 GMT -5
Closing out remaining 18k TVIX in AH. SCAMs should gap down in morning.
Will look to reshort SCAMs tomorrow.
TVIX trading at 5.38 now in AH.
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Post by theMist on Jan 31, 2017 19:52:52 GMT -5
Huh, are you able to save your work on investing.com? If so, please let me know how. I sign in, draw on charts and unable to save.
Thx.
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Post by walnut on Jan 31, 2017 20:24:10 GMT -5
FOMC statement at 2:00 tomorrow?
Winning at shorting the scams is easy enough but I don't like being down and will wait till this passes
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Post by huh on Jan 31, 2017 21:43:30 GMT -5
That was a promising close for bulls. Looks like VIX scams headed for new all-time lows (again)
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Post by huh on Jan 31, 2017 21:44:37 GMT -5
Huh, are you able to save your work on investing.com? If so, please let me know how. I sign in, draw on charts and unable to save. Thx. Don't know. Haven't even had time to create an account. Pretty busy with accounting and doing some spreadsheet and database VBA/Macro coding. Sleeping ~5 hours a night and it's starting to catch up with me.
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Post by theMist on Feb 1, 2017 5:52:32 GMT -5
If anyone is awake, please check to see if TVIX, UVXY, VXX has gone hard to borrow between 6amEST - 7aEST with your broker. Using Scottrade here. Also, updated S&P Futures charts below, price action bumping up against rising resistance. Interesting to see if price action breaks out above rising resistance or rolls over. Also, S&P put in double bottom. Measured target around S&P2286ish on futures chart which points to breakout above resistance. Looks like we're in for possible short term rally. VXX trading at 19.17ish as I type. Should get a little better pricing for VXX in regular markets. If chasing at these levels in premarket, not a bad idea, however, keep in mind, VXX can possibly backtest the breakdown from yesterdays pivot VXX 19.39. So keep extra dry powder just in case. Sometimes FOMC announcements can produce wild swings. Regardless, IMO I see possibly VIX SCAMs retesting all time lows today IMO. What we don't want to see is hard selling in S&P after the announcement and a solid red close below yesterdays S&P close. I don't think so and I think markets are pricing in at least 3 rate hikes this year. If anyone can check futures to see how much of a rate hike is priced in for today, please let us know. Charts looking bullish for short term and possibly we get an upside BREAKAWAY GAP fill this week. Many thanks Rob- S&P Futures Hourly zoomed in
S&P Hourly
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Post by walnut on Feb 1, 2017 8:22:56 GMT -5
Rob sorry I just logged onto this site but there are 250,000 UVXY to short and 3 million tvix at 8:15 eastern
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