MyPivots
Sign In
JI
jimkane
Rep: 3,058
Posts: 33,089
Just over 21 hours and change... I can't wait.
RA
rat89
Rep: 0
Posts: 7,015
iwm and spy triggers on Tuesday, uso yesterday at the low
RA
rat89
Rep: 0
Posts: 7,015
roofer is right. Thinking too hard is a trap
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
Crude is now up over $8 from yesterday's low. Over a 10% move in 24 hours, and no supply shock, no war, nothing. Honestly, I am stunned by the moves out of the dollar.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES essentially at that 55 area. Now we see if it needs to pull back like one or two points, or if it can just keep going straight up.
JI
jimkane
Rep: 3,058
Posts: 33,089
That nice little burst into the close sent this well over my area around 55. That would seem to imply it will shoot for that key area around 70. That will give it a nice target for the Sunday night open and initial session. I just can't imagine 70 stopping this, despite how key that area is. I'm thinking new bull market high ASAP. From there, I guess 'up' until the election? New all-time highs? That would get O'Bummer reelected for sure.

Now, imagine QE3 announced at the August meeting, and new all-time highs will be easy by the election. Maybe Dow 20,000? Seems reasonable. I just bought like 100 call options at today's high. Oh, yeah, and I also followed Goldman Sucks call to buy a basket of Spanish, Italian, and Irish bonds. Please, please don't ask me if I'm serious...
JI
jimkane
Rep: 3,058
Posts: 33,089
ES up over 50 points in just a tad over 24 hours... I would have bet a zillion dollars against that one without a new massive QE announcement...
JI
jimkane
Rep: 3,058
Posts: 33,089
But that ES move is nothing compared to crude being up over 10% with no war, no bombing, no blockades, no threats, essentially nothing.
RA
rat89
Rep: 0
Posts: 7,015
it's funny.....it came right off that line with gusto
Click image for original size
AL
albert
Rep: 99
Posts: 3,094
Cool charts, rat.

Al Kamego
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size

Click image for original size