None of the 2 recent big bearish ABCDs made it to 1.272 of it and now bears may have to pay for it. Any move above Friday's high should confirm this:
JI
jimkane
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I mean, it was just 111.88, and is now 111.83, so we are basically pinned there now. But these guys are so good, I want to see if they can close it at 112.00 :-) But with over an hour to go, they can have a lot of fun with it before trying to get it at 112.00000000.
JI
jimkane
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What a nice little sell off that bearish 1.000 ABCD. Quite surprising they did anything with that. So, will they gun it right back up now near this TL? I'd love a big sell-off in here, but I just don't see how they'd close it so far off that SPY 112 after pinning so close to it for so long. This will be fun to watch.
JI
jimkane
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This thing can't get off the floor. They 'passed' on the 15:30 last half-hour ramp trigger. I can't imagine they don't want to pin this to 112, but maybe the sellers will overwhelm it. I can't imagine that, but it is sooooo weak. I guess with zero volume it would take nothing to pop it up.
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jimkane
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Very odd finish, nothing really happened. Up a bit, then down a bit now in the after cash. It might go squirrelly in here, but as I said way back, who cares. I only stuck around to see if anything cool would happen, and all I got was some nice nap time.
JI
jimkane
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Very weak after cash finish, one point from the RTH LOD. This gives some promise for that potential bearish ABCD, especially coming into the usually weak triple witch June OpEx week after time period. I can't wait for next week and maybe some real action. Today was a real dud. Ho-hum, yawn, zzzzzzzzzzz, I need to go outside and do some work and wake up. See ya Sunday night.
