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Post by theMist on Feb 8, 2017 15:49:58 GMT -5
This is a fairly long period of scams not wanting to drop. Hope they are not forecasting something. I think that a big drop is coming sometime soon Exactly! Another leg lower in SCAMs. S&P now has a confirmed small bullish inverse H&S pattern as well as much larger confirmed bullish patterns. They all measure a lot higher for S&P! Would just like to see SCAMs light up NEW LOD before close!! Don't know if we're going to get it! Changed my remaining order back to 5.08 -- was thinking they would drop to new lod going into close will still leave 15k short TVIX on for AH
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Post by theMist on Feb 8, 2017 15:53:45 GMT -5
500M BUY SIDE
that's good at least
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Post by theMist on Feb 8, 2017 16:01:06 GMT -5
Another very late EOD BS pop in SCAMs But we have some really good confirmed BULLISH S&P patterns moving forward!
Left 11k on for AH -- stink bid to cover 11k at 5.04 for AH
Good day overall -- UP 2k And saw my account balance swing in a 7k range today. lol
ttyl
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Post by walnut on Feb 8, 2017 16:12:00 GMT -5
The SP-500 chart finally looks quite good again.
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Post by theMist on Feb 8, 2017 16:21:45 GMT -5
The SP-500 chart finally looks quite good again. Looks Great! And honestly, I have no idea how SCAMs are going to fill those upside Gaps they left behind. Maybe after S&P hits all those bullish targets (which are well over current highs) and then maybe we get a correction and then fills them?! I don't know. And you see the EOD small BS move in SCAMs going into the close and you see them slightly up IN AH?! That's why one of the reasons why I close out almost all of my heavy short TVIX position before market close. And AH liquidity isn't the greatest as well. I only left on 11k short
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Post by jacksrbtr on Feb 8, 2017 16:22:45 GMT -5
Hope this can get through the resistance today Ahhhhhh....a young man's dream.
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Post by walnut on Feb 8, 2017 16:32:30 GMT -5
Aug 2015 is the correction I keep looking back to, VXX doubled. Sounds like a lot but if we don't get a correction by end of summer, the gaps will most likely never fill The SP-500 chart finally looks quite good again. Looks Great! And honestly, I have no idea how SCAMs are going to fill those upside Gaps they left behind. Maybe after S&P hits all those bullish targets (which are well over current highs) and then maybe we get a correction and then fills them?! I don't know. And you see the EOD small BS move in SCAMs going into the close and you see them slightly up IN AH. That's why one of the reasons why I close out almost all of my heavy short TVIX position before market close. And AH liquidity isn't the greatest as well. I only left on 11k short
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Post by theMist on Feb 8, 2017 16:41:33 GMT -5
Aug 2015 is the correction I keep looking back to, VXX doubled. Sounds like a lot but if we don't get a correction by end of summer, the gaps will most likely never fill Looks Great! And honestly, I have no idea how SCAMs are going to fill those upside Gaps they left behind. Maybe after S&P hits all those bullish targets (which are well over current highs) and then maybe we get a correction and then fills them?! I don't know. And you see the EOD small BS move in SCAMs going into the close and you see them slightly up IN AH. That's why one of the reasons why I close out almost all of my heavy short TVIX position before market close. And AH liquidity isn't the greatest as well. I only left on 11k short That's the period where I have 26 days marked and I have VXX marked from Breakaway gap #7 until today -- looks like almost another week to go to fill that VXX 23.62 GAP and VXX 20.50 GAP if its going to mirror that August correction. I have to be honest, it doesn't look good for an upcoming correction from a technical standpoint BUT I do believe in order for VXX to get back up to that 23 area, it will have to take a Black Swan that no one sees coming. And right now charts still look bullish and that large inverse H&S pattern points to SP2450 BUT THAT DOESN'T MEAN THAT S&P CAN'T CORRECT TO SP2100 AREA. If it did, S&P would technically still be in LARGE RISING CHANNEL STILL. Alright BBL But honestly, I hope that markets continue to trade the way they have been. It's great for daytrading shorting the SCAMs and during a correction, SCAMs can be very tough to trade. If we get a large overnight / weekend down in futures and looks like China is blowing up or whatever -- then it would be best to wait until those VXX upside gaps get filled. As long as it doesn't happen during regular trading hours I'm fine.
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Post by theMist on Feb 8, 2017 17:47:57 GMT -5
We got the move down to the first blue arrow and thankfully not the 2nd blue arrow. I was all in short TVIX at the first blue arrow Going forward - in the morning it would be a good idea to post the nearest S&P supports / resistances Wasn't there a website or trading sight that that could be obtained from? not sure uploading images
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Post by walnut on Feb 8, 2017 21:05:34 GMT -5
this is not a double top on the es is it?
That inverted H&S is better defined than the double top
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Post by theMist on Feb 8, 2017 23:28:48 GMT -5
VXX 15 min chart - for going into tomorrow trading As you can tell -- spent a little more time with the charts this evening - lol upload gifs
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Post by theMist on Feb 8, 2017 23:41:21 GMT -5
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Post by walnut on Feb 8, 2017 23:53:44 GMT -5
Those are great charts
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