MrMiyagi wrote:Is there enough time for a breakout?
Seems slow motion today.
if price wants to breakout, 30 min is plenty of time.
My guess price will fake breakdown and reverse buy end of day and continue floating higher tomorrow.
well, no breakout, instead of a pullback. I better shut up today.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
Everytime price went up on SPY a penny, the big block of shares was moved up until 139.52$
Someone didn't want that breached! Let's see what happens now.
Status quo. I have a few SPY 139 calls, if they sell today at a small profit then that's fine otherwise it's a big chunk of written TNA puts and GDX puts. So I'm rooting for miners and market can stay where it is..