I see a Triangle on the Global ES, so the bias is still up but since it's triangle therefore this might be the last push up before a pullback of some kind which we'll have to wait and see.
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Ha, no other comments besides me? Strange. Is it because of daylight saving time so everybody still in bed?
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So once again we find the market held hostage (waiting for FOMC) by the Fed which is now the governing body of equities. I don't remember that in their charter, but whatever. Must be a misprint on the VIX down over 10% . From the top of the BB to the bottom of the BB in 4 sessions. Added some TVIX this morning, but already wondering if trading may just be a waste of time until after FOMC.
SB73 wrote:So once again we find the market held hostage (waiting for FOMC) by the Fed which is now the governing body of equities. I don't remember that in their charter, but whatever. Must be a misprint on the VIX down over 10% . From the top of the BB to the bottom of the BB in 4 sessions. Added some TVIX this morning, but already wondering if trading may just be a waste of time until after FOMC.
agreed. what ever *pop* happens right after FOMC announcements, then i will trade the opposite
Zero volume both ways. I am short SMH from a week or two ago. I'll be patient and try to stop frontrunning the obvious. One thing here is Cobra causes me to be much more patient than I have ever been. It is a virtue, whatever that means. Good luck to all. jimme
VIX collapsed. You can see it as triangle breakout on the downside, and it's the last push down.
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Zero volume both ways. I am short SMH from a week or two ago. I'll be patient and try to stop frontrunning the obvious. One thing here is Cobra causes me to be much more patient than I have ever been. It is a virtue, whatever that means. Good luck to all. jimme
too, patience comes with age jimme and i am an old man. i play bridge and enjoying driving my Lincoln towncar over my maserati.
how come all the ads i see on cobra's site are
"Filipina Cupid" "Forex Busters - Robot-Based Trading Platforms" and "Vegas Bridge Playing Tournaments at the Sands Hotel"
what does that say about me?