MyPivots
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jimkane
Rep: 3,058
Posts: 33,089
Starting it off. I'll be quite busy over the next several weeks, so my time in here will be light and sporadic, but then hopefully in a month or so it will settle down, and I'll be able to do more. Monday is a holiday, but there will be some futures trading tomorrow, so we won't be without some fun.
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
screen shot 2014 01 23 at 2 36 36 pm png
JI
jimkane
Rep: 3,058
Posts: 33,089
"According to David Bianco, S&P 500 corrections of 10% or more, including those that turn into bear markets, have happened every 1.5 years or 357 trading days on average since 1957." its now been 589 days since the last 10% + correction!

From a post by koolio here:

http://www.mypivots.com/board/topic/8010/-1/es-weekend-update-1-18-2014


JI
jimkane
Rep: 3,058
Posts: 33,089
Any questions?

Originally posted by jimkane

Buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

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jimkane
Rep: 3,058
Posts: 33,089
I'm very cautious at this 23.25 area...
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jimkane
Rep: 3,058
Posts: 33,089
And no, that was not a 'recommendation', it was an educational statement based on what I was trying to show at that area. I never make recommendations or give advice, ever.

Originally posted by jimkane

Any questions?

Originally posted by jimkane

Buyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyyy!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


MA
MarcinO
Rep: 67
Posts: 5,506
They've been trading near this area for most of the day.
Is it a base for one day wonder tomorrow?
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jimkane
Rep: 3,058
Posts: 33,089
24-25 will be interesting, but, as marcin mentioned, probably a one-day wonder, and all the way back up it goes.
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jimkane
Rep: 3,058
Posts: 33,089
This wants to go way up. It may not, but it wants to real bad.
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jimkane
Rep: 3,058
Posts: 33,089
This should be an easy make it all up in one day deal.
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jimkane
Rep: 3,058
Posts: 33,089
This thing is a juggernaut, a real powerhouse off this area. Yee-haw.
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jimkane
Rep: 3,058
Posts: 33,089
New low for the move in the short aftermarket session. I love it.