volume surge, overshot, so might a pullback here, then should be more up.
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I am waiting for retest of the trendline or breakout
Last edited by KeiZai on Wed Sep 19, 2012 12:40 pm, edited 1 time in total.
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)
Mr. BachNut wrote:I am long, but I have to say the open interest numbers on my screen make me nervous.
Does it seem right that we would head quietly to the highs into triple witching day with a lopsided options book?
Am I missing something?
Open Interest.jpg
I'm surprised, thanks for the info. I was convinced that bearish bets were bigger. By the way there's a SPX signal for 12:40 p.m. - can you squeeze in your lunch until then?
I do wonder if the numbers I see are complete. I am not sure.
In any case, my recollection is that most of the recent expirations have been put biased in the OI. This month seems to be different.
Looks like I'll be getting lunch a little late today...
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Cobra wrote:volume surge, overshot, so might a pullback here, then should be more up.
Cobra, this looks like a 3 push up, no?
yes
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Dollar on support, if support holds we could be in the b wave with c up to come, if so I will buy more euros at the end of c wave
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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)
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.