DellGriffith wrote:Spy is trading below its lower bb. question to research for later: how often do large (1% or more) drops occur on the daily when spy is already below its lower bb vs inside the bands vs above its upper bb?
Not often.
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‘the petrodollar is our currency and our problem’....Gappy
sorry, no double bottom, here's 100% mm I don't believe yet.
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AAPL 60m....heading into Monday's earnings.. conflicting minor patterns, bear wedge break out with red bear flag, cyan triangle, cyan bullish flag... with an overall still bearish pattern on the weekly atm...
SPX has about tagged my middle keltner band.
Unless things get crashy, we're in a support zone.
It can push down further for sure, but it tends to find a place to bounce.
The second hit is a good place to look for more downside.
It is what it is, yesterday DAX with breakdown today SPX, I think we could see retest of the rising wedge at some point but not sure when maybe after 2Xtop MM...
Here is VDAX for DAX traders big move is coming in DAX I hope that down as I am still bearish there
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)
Here are a few thoughts and some analogs two of which might mean our first decent bounce is not till next Friday.... all saw us walk down the lower bollo bands...