Al_Dente wrote:SPX still above the "The Powell Put" 2700-ish
Translated to SMALLS that Powell Put was roughly 60 on TNA
We are testing/breaking that on TNA
Oy
Shaishen wrote:
Filling Xi gap and cleaning out Nov 12 singles all in one shot..
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Impressive - wouldn't think the 11/27 singles get taken out as well today, but possible now which means "2700-ish Powell Put"
vol surge, probably a rebound here first then we'll see, probably would be sold.
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Shaishen wrote:.............impressive - wouldn't think the 11/27 singles get taken out as well today, but possible now which means "2700-ish Powell Put"
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what do you mean by "singles" boss ?
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
daytradingES wrote:
Breakdown est 2722.75 (not the level this is something new a target below the breakdown level)
The above (2722.75) was a newly found formula.
Previously I didn't have an estimate below the breakout level = the level the model says the market has broken down
LOD so far 2721 -1.75pts
Educational only and not trading advice (EO&NTA) Good trading to all
Had not noticed that we bounced at the 50% retrace from the Nov 25ish low.
Bond market is crazy they are saying on twitter. Wondering if the drop in equities is (besides the fact that everyone and their dog expected this) is the equal risk funds deleveraging. They don't buy options, they just get out.
Shaishen wrote:.............impressive - wouldn't think the 11/27 singles get taken out as well today, but possible now which means "2700-ish Powell Put"
.
what do you mean by "singles" boss ?
it's Market Profile talk: single prints = usually only one letter
price basically rushing through several levels non stop = high emotion (like today)
Singles pretty much act like a gap = they will be revisited/retraced
Considered unfinished business https://www.mypivots.com/dictionary/def ... ngle-print
Shaishen wrote:.............impressive - wouldn't think the 11/27 singles get taken out as well today, but possible now which means "2700-ish Powell Put"
.
what do you mean by "singles" boss ?
it's Market Profile talk: single prints = usually only one letter
price basically rushing through several levels non stop = high emotion (like today)
Singles pretty much act like a gap = they will be revisited/retraced
Considered unfinished business https://www.mypivots.com/dictionary/def ... ngle-print
Perhaps TradeWithCats can comment more eloquently.
thanks boss
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Trade tariff detente
Yield-curve inversion
Now the “talking heads” are hyperventilating:
Down on fears of weak earnings growth ahead
No wait, it’s Toll Brothers orders “down 13% from the year prior” [housing “collapse”]
TOO MUCH NEWS, only price matters
And boom, everybody below 200sma again
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.