KENA wrote:Another u..This is the third one this morn..What you think Al-Dente..Maybe another U and go up again.
HI KENA
Nyadv 1600
Nydec 1200
Slight bull bias at the moment (trin disagrees)
I have to rely on my standard A/D BELOW < 2000 IS USUALLY A RANGE DAY
(= choppy until PROVEN otherwise)
(blue circle)
Today instead of the usual “whippy” moves, it is a face ripper… maybe go easy and light, until the A/D quits dicking around
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
Your friend Obama ( not mine ) says drilling more oil wells won't help more supply or cheaper prices,all those who belive this just look the price of nat.gas falling from $ 5.00/6.00 +/- to now about $ 2.00+/- and lots of supply.We are being had.IMHO
Do you still have an ellipse suggesting that something may happen at 12:30?
It may affect when I eat lunch...
Looks like yesterday's precdiction was not precise - I guess the signal came a few minutes ago. Sorry.
4.png
Indeed! The market spoke at the appointed time. Now I can eat.
Strikes me that there may be a battle going on between the 138 and 139 SPY strikes for OPEX. So, I have been assembling a modest position on the short side north of 138.50 with a view that we're in a bounce/bear flag from the April 10 low that will break down at some point. I don't feel strongly about it though as a good bull day or two could flip the technical orientation to revisiting the old highs.