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The SPX almost hit that 2120 to 2130 buy zone last Friday and rallied this morning with a gap up. It's 6:54 a.m. PST M. I didn't buy Lot 1 at...
The SPX is at 2136 at 6:51 a.m. F. As I mentioned yesterday, I had exited my two equity position at 2147 yesterday for profit taking and risk...
The TRIN is at .54. Lots of buying intra day. The SPX is at 2143 at 9:24 a.m. PST--after it had collapsed to 2122 this morning Edit: 1. 9:36...
A similar range bound behavior a la Tuesday and Wednesday thus far. Options buying, especially DOT is not effective in such range bound...
So, the SPX closed today, Wednesday, at 2125. It again tested that 2120 level, especially that 2119 key level I mentioned. It actually hit 2119....
It seems today could just as difficult as yesterday for options trading. I didn't enter anything options-wise. Just observing what's happening...
I mentioned I didn't come back home until the market closed Monday. Hypothetically, I should have exited for profit taking at around 2159...
Hi Cy! Now, that the SPX has finally collapsed meaningfully, I can start to trade again. It's at 2140. I wanted another entry [Lot 2 long] at...
I think anything non above SPX 2120 is a nice buy zone for bulls, if it happens [Actually, it hit 2119 at the start of today's session]. I...
Finally, a meaningful collapse. I entered lot 1 long at around the SPX 2133 I expect a strong possibility of the SPX to test the 2120 level next...
And to think, this just might be the final negative catalyst for the rest of 2016. If the Brexit had not happened, the SPX could be at 2140 to...
Since we were at 2050 last week, a 76 handle collapse from 2113 to be at 2037 is not that impressive. Had the SPX continued to hover around 2050...
Being excited about this level is like a 17 year being excited about receiving a toy car for a present
I concur. 3% is pittance
The SPX collapsed to 2032. The VIX is continuing to climb. It's at 25.25--which is well above the critical 20 level.
The SPX is at 2040 at 11:51 p.m. PST. Volume 227 million. 2040 is a significant level but even more significant is 2025, according to my theory....
For next week, I would be interested in a long entry somewhere between 2020 and 2050 for the SPX, if the Brexit catalyst could collapse the price...
This morning the SPX is at 2072 at 6:38 a.m. PST. SPX is non above 2075. According to my theory, another key level is 2070 for today. Update:...
The volatility today was nice. But I tend to stress risk management and exit with a profit more swiftly when things are more volatile, however.
I decided to manage my risk and profit take: I entered this morning long at SPX 2055 and exited at 2078. Just following my trading philosophy.