|
Post by clinton on Feb 1, 2017 10:03:15 GMT -5
LONG PBI 14.12 this is a bouncer ouch hasnt found the floor yet
|
|
|
Post by theMist on Feb 1, 2017 10:05:09 GMT -5
VXX Hourly Indicators Bearish and has more room to hit its lower at 18.72. VXX daily lower BB at 18.33
VXX price action on smaller timeframes not bouncing but bear flagging and sidestepping it back into BBs
REMEMBER - with all the selling in past 2 days, the SCAMs hardly budged to the upside and contango remained high and contango curve barely budged.
It's a really good chance IMO that SCAMs will drop further today and at worst case scenario will get a small pop to the upside if S&P sells a little
As I type, S&P just dropped down to only being up 3.77 now and SCAMs are barely making new HOD. They're hardly budging and as soon as selling in S&P stops, then they drop back down again like a brick
|
|
|
Post by clinton on Feb 1, 2017 10:06:55 GMT -5
seems like EVERYTHING but AAPL is getting sold into this pop LOL TLT and GLD too
|
|
|
Post by theMist on Feb 1, 2017 10:09:42 GMT -5
seems like EVERYTHING but AAPL is getting sold into this pop LOL TLT and GLD too VIX, VIX futures still very complacent. There is no fear right now contango now at 12.11% as I type. SCAMs are going take another leg lower as soon as it completes bear flag. Remember VXX measured target is 18.70s I'm up 30K for January and right now I'm slightly down on my trade. Giving back 1500 so far on paper short TVIX 20k still. tvix currently at 5.24
|
|
|
Post by clinton on Feb 1, 2017 10:10:44 GMT -5
HOLY SHIT its the harry dent dollar only trade!!!! LOL
|
|
|
Post by theMist on Feb 1, 2017 10:16:57 GMT -5
S&P backtesting rising support as I type. S&P within 2 handles of completely filling this mornings gap up BUT HAS FILLED THE GAP TO YESTERDAYS HOD AT SP2279ish. SCAMs hardly budging to upside. SHORT THE TURDS!! IMO lol Just try to get best cost avg.
|
|
|
Post by Herceg on Feb 1, 2017 10:17:27 GMT -5
OKS on watch with AAPL.......... Nice short and cover on OKS........missed its partner OKE................watching ACXM.................JMO and BOL........
|
|
|
Post by walnut on Feb 1, 2017 10:20:59 GMT -5
I did this real fast but see if it helps
|
|
|
Post by clinton on Feb 1, 2017 10:21:23 GMT -5
I love how GLD is dropping with the bid 4 times larger than the ask WTF
|
|
|
Post by walnut on Feb 1, 2017 10:21:45 GMT -5
too dark to see it seems like
|
|
|
Post by theMist on Feb 1, 2017 10:23:29 GMT -5
Walnut - do me a favor and just open up free version of free stockcharts. Throw up a quick 15 min chart. You don't have to draw anything on charts or make it look pretty. Ticker SP-500
Just need to check price action to make sure my charts are correct. Thx my friend.
I think they are correct now but early was making mistakes.
|
|
|
Post by theMist on Feb 1, 2017 10:25:24 GMT -5
I love how GLD is dropping with the bid 4 times larger than the ask WTF I know your a Gold Bug Clinton. Good luck with all your trades today my friend. Are you in TZA?
|
|
|
Post by Herceg on Feb 1, 2017 10:26:26 GMT -5
OKS on watch with AAPL.......... Nice short and cover on OKS........missed its partner OKE................watching ACXM.................JMO and BOL........ Of course after I cover it plummets.............hate when that happens...........
|
|
|
Post by theMist on Feb 1, 2017 10:27:15 GMT -5
REMEMBER - with current contango (and I know that can change a little going into this afternoon) - VIX SCAMs only rise when S&P sells. And honestly, they hardly budge to the upside. They drop hard when S&P hits supports OR rises
But I am keeping dry powder for later FOMC
Which honestly is probably a mistake and should have more TVIX short. still have 20k 23k only
tvix currently at 5.21
Bear flag on VXX
|
|
|
Post by clinton on Feb 1, 2017 10:27:24 GMT -5
I love how GLD is dropping with the bid 4 times larger than the ask WTF I know your a Gold Bug Clinton. Good luck with all your trades today my friend. Are you in TZA? yes LONG TZA at 18.86
|
|
|
Post by walnut on Feb 1, 2017 10:31:27 GMT -5
Can you see this
|
|
|
Post by theMist on Feb 1, 2017 10:33:21 GMT -5
Thanks Walnut -- just one more thing if you dont mind
change settings (you'll see settings up above) to log scale and plot style to candlestick
many thanks my friend
BTW - I think you'll need to sign up for free account to do so. I see you haven't signed in. You should see settings up above after you sign in.
You can look at my posted charts as a guide to find where Settings is located
|
|
|
Post by theMist on Feb 1, 2017 10:39:39 GMT -5
S&P looking to close the morning GAP up completely. Remember the red hollow hammer candle from yesterday - it needs confirmation.
Have to be careful that S&P doesn't sell hard and engulf it to downside. S&P Daily MACD and MACD Histogram is bearish so do have to be careful. Also, if my charts are correct, it looks like this move did fill the UPSIDE BREAKAWAY GAP. And if so still have to be careful.
But SCAMS still bear flagging and looking bearish even with this selling and small pop back up in SCAMs. S&P is red now and has filled the morning GAP up and TVIX is still down 3% 3.3% as I type. lol SCAMs are amazing. lmao
|
|
|
Post by walnut on Feb 1, 2017 10:41:34 GMT -5
I'm at a loss now Price might float up till the FOMC statement. I might sell some more later
|
|
|
Post by theMist on Feb 1, 2017 10:42:37 GMT -5
I'm at a loss now Price might float up till the FOMC statement. I might sell some more later Are you averaging in slowly? How much VXX short do you have now and out of how many MAX? What cost avg? Keep dry powder in case VXX does reach up to backtest that 19.39 pivot. I doubt it but definitely possible with FOMC later. VXX is still forming bear flag and Hourly indicators in our favor. Look at contango! Taking a step back -- They're honestly are hardly budging to the upside even with this selling when you think about it and even with FOMC on tap. Need to relax, take things slowly. Also, remember VXX target measures 18.70 range. Don't be as bold as I am. I'm up 30k for month of January. Because of this I have high risk tolerance. Right now I'm only giving back 2500 on paper and I have a lot of dry powder to avg up my short. We need you to get a nice solid run and double your account balance, then you can be more aggressive but still cautious at same time. IMO
|
|