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starting to exit some losing iwmputs between here and 10940ish below, started to exit some shorts when tic exceeded 1k!, glta, hope we get a gap lower Tuesday?
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uempel wrote:Some guys here are asking "why did the market tank".. The answer is: the market tanked because there is huge resistance up at 1800 - and there was not enough liquidity to push SPX through this mega wall. That's all there is to it.
uempel wrote:Some guys here are asking "why did the market tank".. The answer is: the market tanked because there is huge resistance up at 1800 - and there was not enough liquidity to push SPX through this mega wall. That's all there is to it.
LTG.png
Add to that the DOW pushing MAJOR resistance.
The Dow is a joke, the most ridiculous index imaginable.
uempel wrote:Some guys here are asking "why did the market tank".. The answer is: the market tanked because there is huge resistance up at 1800 - and there was not enough liquidity to push SPX through this mega wall. That's all there is to it.
LTG.png
Add to that the DOW pushing MAJOR resistance.
The Dow is a joke, the most ridiculous index imaginable.
any big signals this week Uempel? tia
<;)
"It requires, obviously, some luck and some good policy."
uempel wrote:Some guys here are asking "why did the market tank".. The answer is: the market tanked because there is huge resistance up at 1800 - and there was not enough liquidity to push SPX through this mega wall. That's all there is to it.
LTG.png
The first dotted line is today. Do you have a date for the second dotted line? Thank you!
uempel wrote:Some guys here are asking "why did the market tank".. The answer is: the market tanked because there is huge resistance up at 1800 - and there was not enough liquidity to push SPX through this mega wall. That's all there is to it.
The attachment LTG.png is no longer available
The first dotted line is today. Do you have a date for the second dotted line? Thank you!
I picked a different chart to zoom in: it looks like end of the week Check the good support at SPX 1785ish
My satisfaction always came from beating the market, solving the puzzle. The money was the reward, but it was not the main reason I loved the market (Jess Livermore)
KeiZai and Champix: Checking the daily DAX chart in the early morning. Looks less bullish to me than the weekly. On the weekly I kind of expect a crazy blow-off to 9330 (economic data later in the week?), but daily DAX shows the importance of yesterday's high at 9254