te_fern
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by te_fern » Wed Mar 21, 2018 10:42 am
Don't like to play near the highs, but think this market will push higher....
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te_fern
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by te_fern » Wed Mar 21, 2018 10:49 am
Got the break higher, now the hard part, holding for a bigger gain.....
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Daniel
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by Daniel » Wed Mar 21, 2018 10:50 am
te_fern wrote: Levered smalls are pushing to the upside this morning....
After dawdling for an hour, IWM suddenly spurted thru that resistance, and on to close the Monday down gap. (IWM currently 157.70)
te_fern
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by te_fern » Wed Mar 21, 2018 10:53 am
Daniel, maybe it was a bull flag....
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te_fern
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by te_fern » Wed Mar 21, 2018 11:13 am
Staying in a narrow range before the FOMC meeting...
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te_fern
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by te_fern » Wed Mar 21, 2018 11:15 am
The options players are complaining about the premium kill with this sideways action......
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te_fern
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by te_fern » Wed Mar 21, 2018 11:22 am
Can it break up to the first resistance pivot which is also near the 3 highs of yesterday????
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te_fern
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by te_fern » Wed Mar 21, 2018 11:31 am
Looks like the levered smalls broke the line and came back and tested it. Can we break even higher???
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te_fern
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by te_fern » Wed Mar 21, 2018 11:33 am
PL's site was talking about the first move being a head fake. If we move up quick at 2:00, then I'll bail on my bios and wait to see what happens next.....
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Cobra
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by Cobra » Wed Mar 21, 2018 11:43 am
possible 100% mm.
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fehro
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by fehro » Wed Mar 21, 2018 11:46 am
SPX fwiw.. mind congestions 2724-2728ish then 20d then 50d
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te_fern
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by te_fern » Wed Mar 21, 2018 11:49 am
Made it to the first pivot, lets get to Cobra's measured move!!
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te_fern
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by te_fern » Wed Mar 21, 2018 11:53 am
Here we go....
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Daniel
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by Daniel » Wed Mar 21, 2018 11:54 am
te_fern wrote: Made it to the first pivot, lets get to Cobra's measured move!!
No sooner said than done. SPY hod, fulfilling the predicted move.
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by Cobra » Wed Mar 21, 2018 12:05 pm
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by Cobra » Wed Mar 21, 2018 12:20 pm
this bull shall have legs.
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te_fern
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by te_fern » Wed Mar 21, 2018 12:26 pm
Sold bios for coffee money. Just didn't react well with the runup. Will look for another opportunity...
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fehro
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by fehro » Wed Mar 21, 2018 12:30 pm
fehro wrote: SPX fwiw.. mind congestions 2724-2728ish then 20d then 50d
cheeky… tag or not tagged?
stalls
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te_fern
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by te_fern » Wed Mar 21, 2018 12:38 pm
Maybe why the SPX is struggling right here....
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Daniel
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by Daniel » Wed Mar 21, 2018 12:41 pm
Interesting. NYSE up/down volume is markedly better than Naz-- but the Naz advancers are outdoing the NYSE (nominally, since both are around 1800.. but that is better proportionally for the Nasdaq). Takeaway.. some big selling in largecap tech, but most Naz issues are up on the day.
Both Naz and NYSE advancers are not far off their HOD.