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JI
jimkane
Rep: 3,058
Posts: 33,089
Kicking it off. I'm expecting another insane week, and many more to come, as this thing starts to unravel.
RA
rat89
Rep: 0
Posts: 7,015
it sounds crazy, but if they really take that area just now seriously, they could send spy to 197.50 area into the close
JI
jimkane
Rep: 3,058
Posts: 33,089
ES rolls down now...
JI
jimkane
Rep: 3,058
Posts: 33,089
I didn't see your post above, rat, so I guess we see the same thing. Maybe it's not to be, but it's on the table, I'll tell you that.
RA
rat89
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Posts: 7,015
I could be locally wrong, but the geometry seems so obvious. Also seems like a good bear trap setting up this week, and what we saw this morning didn't feel like it to me.
MA
MarcinO
Rep: 67
Posts: 5,506
In ES it was between 1.128 and 1.272, but I guess Jim had something about 20 lines crossing at the LOD.

Originally posted by rat89

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.







JI
jimkane
Rep: 3,058
Posts: 33,089
Woo-hoo, look at it go! That has to be one of the best, most vile, evil traps I have ever seen. My hat's off to them.
MA
MarcinO
Rep: 67
Posts: 5,506
The move from 25th to 26th was very informative, and some larger sets confirmed it.
It was well hidden though....
RA
rat89
Rep: 0
Posts: 7,015
and right up into the .886
MA
MarcinO
Rep: 67
Posts: 5,506
The move from 25th to 26th was very informative, and some larger sets confirmed it.
It was well hidden though....
MA
MarcinO
Rep: 67
Posts: 5,506
It explained the three swings of today, line to line.
The last one may be done right here.
JI
jimkane
Rep: 3,058
Posts: 33,089
That was a nice reaction off the 15-min ABCD into the close. Another nice day for trading, in my opinion.