Oh Ho! are we setup for a rally tomorrow???
1815 Held Strong and some losses reversed - Oil gains!
Walked into this trade 3 days ago with eyes open expecting a descent to 1815. Not sweating it.
We are practically there, just took a little while. Oil is "co-operative" today by falling and taking
S&P lower.
Watch.
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
Oh Ho! are we setup for a rally tomorrow???
1815 Held Strong and some losses reversed - Oil gains!
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
Stocks rally to end rough week, oil surges 12%
Enuf Said. Enjoy your L O N G weekend !!
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
Great call!
looks like you got your pudding today, nice shot.
100g
Now hopefully we can see S&P mimic the Oct. 2015 action.
In six weeks (after a double bottom) the S&P 500 went from a low of 1875 to top out at 2100
But with the continued forming of a rounded top, I would expect a lower exit point of SPX 2000-25 (if we get that high)
Lets wait and See!
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
From Oct '15 to Nov, Oil was up the first couple of weeks and then strongly down the next two weeks (while SPX continued to go up).
So there was a SPX/ Oil "disconnect" about 50% during that big rally of October.
Traders thought the market was oversold then but do they feel the same way now after the deeper dip in January?
VIX may indicate the fear is greater than the greed at this point in time. Bear looming large.
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
Market Leader $TRAN (now 7134) IF breaking resistance @ 7160 (EMA 200 weekly) could be a very good sign!
The last breakdown of a $TRAN bear flag "nearly" coincided with the January SPX correction. : (
If $TRAN breaks downward ?...this is something to watch closely
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
+ 2.43 MTD.
Pile On everybody! Don't delay
Oh, LAST man on the pile -- LOSES!
Last edited by FAB1; 02-17-2016 at 07:34 AM.
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
Rally Day 3 On the way up, but to where?
There is an open gap @ SPX 2040. If we will fill that, maybe rise a little higher but that's the ceiling if the market can't produce a higher-high.
I like TSPTalk and I think most people here are well-intentioned but if I followed their advice, I'd be hunkered down in my basement with a thousand cans of tuna fish.
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