uempel wrote:Well, bears tried to pull the market down a wee bit, but they failed miserably and now it's back to sideways...
gg.png
Ha, ha, ha. I was on edge and impatient, missed the move... No comment.
99.png
UNCANNY…. YOU WERE SPOT-ON TO THE MINUTE.
PS: on my 1 min, yellow dotted vertical IS NOT VOLUME it’s some wacky stockcharts thingie
Please tell me how to get rid of it as I DO NOT SEE IT on any of my stuff…
Oh o you put a virus on our chart? or someone is watching you big guy, they are out to get you next.
still looks like a consolidation pattern therefore a 2nd leg down is still possible. you can call it ascending triangle but don't forget triangle is continuation pattern not reversal pattern no matter it's ascending, descending or symmetrical.
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Cobra wrote:still looks like a consolidation pattern therefore a 2nd leg down is still possible. you can call it ascending triangle but don't forget triangle is continuation pattern not reversal pattern no matter it's ascending, descending or symmetrical.
Cobra,
Assuming today holds where it is we will have 3 consecutive bearish candlesticks and should indicate that today we had a top of some kind....would you disagree?
tdo722 wrote:/es at support 1252 and spy is also at current support at $125.80. All I need is another $0.15 from $125.80 to cover tvix. come on, please.
Notice we did not break the hourly resistance Friday although on the 5min bar we did.
uempel wrote:Well, bears tried to pull the market down a wee bit, but they failed miserably and now it's back to sideways...
gg.png
Ha, ha, ha. I was on edge and impatient, missed the move... No comment.
99.png
UNCANNY…. YOU WERE SPOT-ON TO THE MINUTE.
PS: on my 1 min, yellow dotted vertical IS NOT VOLUME it’s some wacky stockcharts thingie
Please tell me how to get rid of it as I DO NOT SEE IT on any of my stuff…
Oh o you put a virus on our chart? or someone is watching you big guy, they are out to get you next.
Cobra wrote:still looks like a consolidation pattern therefore a 2nd leg down is still possible. you can call it ascending triangle but don't forget triangle is continuation pattern not reversal pattern no matter it's ascending, descending or symmetrical.
tdo722 wrote:/es at support 1252 and spy is also at current support at $125.80. All I need is another $0.15 from $125.80 to cover tvix. come on, please.
Notice we did not break the hourly resistance Friday although on the 5min bar we did.
VXX1hour.jpg
5min Bar VXX
VX5min.jpg
cool, thank you. I set my stop loss conditional that if spy crawls backup above 126.50 then I am forced to cover my underwater tvix. This is the last time I'd play with fire. I'm going to stick with SSO/SDS from now on.