Kicking it off. I'm expecting another insane week, and many more to come, as this thing starts to unravel.

200.02 spy was .50 on two minor down swings, resistence at trendline, note the larger context as they whacked it hard again

I believe the technical term here is "die, pig, die" ;)

It's terrible to have a good idea and an area not precise enough
It seems that both actual PTA and target (backtes) were 3 points higher than my expectations.

Originally posted by MarcinO

65-71 may give a temporary reaction, I guess.
Temporary reactions like in the last week, so about 30 points.

Now that's the way I like to see terms used!

Originally posted by rat89

I believe the technical term here is "die, pig, die" ;)

It is an awful feeling indeed, especially with a move as big and strong, as well as linear and potentially as easily manageable as that one. Did you figure out why it moved from where it did yet?

Originally posted by MarcinO

It's terrible to have a good idea and an area not precise enough

It seems that both actual PTA and target (backtes) were 3 points higher than my expectations.

Originally posted by MarcinO

65-71 may give a temporary reaction, I guess.
Temporary reactions like in the last week, so about 30 points.

Click image for original size

again, back at key area

Not yet but I will keep on trying.

Originally posted by jimkane

It is an awful feeling indeed, especially with a move as big and strong, as well as linear and potentially as easily manageable as that one. Did you figure out why it moved from where it did yet?

Originally posted by MarcinO

It's terrible to have a good idea and an area not precise enough

It seems that both actual PTA and target (backtes) were 3 points higher than my expectations.

Originally posted by MarcinO

65-71 may give a temporary reaction, I guess.
Temporary reactions like in the last week, so about 30 points.

hit it twice on the 1 minute.....persistent aren't they?

it was weird, but what I saw:
spy 198.85 – 206.42 = 1.128 at 197.88

Originally posted by MarcinO

Not yet but I will keep on trying.

Originally posted by jimkane

It is an awful feeling indeed, especially with a move as big and strong, as well as linear and potentially as easily manageable as that one. Did you figure out why it moved from where it did yet?

Originally posted by MarcinO

It's terrible to have a good idea and an area not precise enough

It seems that both actual PTA and target (backtes) were 3 points higher than my expectations.

Originally posted by MarcinO

65-71 may give a temporary reaction, I guess.
Temporary reactions like in the last week, so about 30 points.

That was a nice reaction off the 15-min ABCD into the close. Another nice day for trading, in my opinion.