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AL
Aladdin
Rep: 2,830
Posts: 270
During yesterday's late spike, value remained above.
O/N inventory is short.

For now I'm a little long biased.

Numbers above: 1992.75, 1998.75.
Numbers below: 1982.25, 1983.25, 1987.00.
BK
bkay59
Rep: 2,620
Posts: 497
Got a VPOC shift back to 8600, I'm thinkin we bounce around here 8300 to 8700 for a while
BK
bkay59
Rep: 2,620
Posts: 497
I was really hoping the third time through 87 would be the charm
AL
Aladdin
Rep: 2,830
Posts: 270
Originally posted by Aladdin

long 1983.50 target 1988.50
(stoploss 1980.50)

close/sell 1988.50

That's it for me for today.
Thanks everyone for your comments and insights.

Hope Bruce will join us tomorrow.
BR
BruceM
Rep: 216,211
Posts: 19,895
going out on limb here and saying that the low is in for the week......! and I'm never wrong ..ha !!.....glad to see this thread fired up today
BR
BruceM
Rep: 216,211
Posts: 19,895
this 88 - 89 is lvn node from YD so buyers will really want to keep it above if they are gonna have any chance at winning today...then they will try to target the 92.....and if wrong they will push back towards the 85 area...this is also kinda like double lows off the weeklies ...so that 88 is really important if you look at the lows from the last two weeks........sidelined today and not trading but it seems folks did well.. that's great to see
BR
BruceM
Rep: 216,211
Posts: 19,895
a quick video of what may have been on your radar this morning and currently....after the fact of course
No video below? Try this link: video_wednesday.swf






BK
bkay59
Rep: 2,620
Posts: 497
Originally posted by Aladdin

Originally posted by Aladdin

long 1983.50 target 1988.50
(stoploss 1980.50)

close/sell 1988.50

That's it for me for today.
Thanks everyone for your comments and insights.

Hope Bruce will join us tomorrow.
That was truly a display of patience and conviction to your trade idea. Kudos