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MarcinO
Rep: 67
Posts: 5,506
The ES stopped at 2007 doing a great job hitting stop loss orders.
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es 2016 03 06 png


A stronger resistance is between 32 and 44, I guess.
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es 2016 03 06 2 png


But before that, I would suppose a correction to low 70s.
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es 2016 03 06 3 png
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MarcinO
Rep: 67
Posts: 5,506
Come on. Just five points more...
Originally posted by jimkane

Yaaaaaaaaaaaay, TL approached. What the heck do ya know. So, they game them by jumping up before the TL?
JI
jimkane
Rep: 3,058
Posts: 33,089
As an aside, Lending Tree, TREE, was up almost 10,000% off 'The Big Bottom' at its recent high. Pretty crazy, in my humble opinion.
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jimkane
Rep: 3,058
Posts: 33,089
I am pretty sure it's done. I am long side bias now.


Originally posted by MarcinO

Come on. Just five points more...
Originally posted by jimkane

Yaaaaaaaaaaaay, TL approached. What the heck do ya know. So, they game them by jumping up before the TL?

JI
jimkane
Rep: 3,058
Posts: 33,089
Watch closely at 84 here. It is right on the repeatedly-tested price flow, and it's time for it to break. It's time for a move one way or the other.
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jimkane
Rep: 3,058
Posts: 33,089
Nothing about it now looks 'up' whatsoever. It looks ready to utterly collapse.
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jimkane
Rep: 3,058
Posts: 33,089
There's a reason I am mentioning that.
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jimkane
Rep: 3,058
Posts: 33,089
TL fully hit.
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jimkane
Rep: 3,058
Posts: 33,089
I guess the look of collapse is because it is going to collapse? Yeah, sure.
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jimkane
Rep: 3,058
Posts: 33,089
I'm ready for the long side.
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jimkane
Rep: 3,058
Posts: 33,089
I can't get over how weak this is without actually going anywhere.
RA
rat89
Rep: 0
Posts: 7,015
they put it exactly where they had to put it into the close, where (5)=(1) at 2022 spx and 202.77 spy


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screen shot 2016 03 11 at 6 43 34 pm png

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screen shot 2016 03 11 at 6 43 46 pm png