Here's an update of the chart I posted yesterday. The sell off into the close is telling me the bulls are not fully in control yet. If this is a cup we are likely to see a handle formed up shortly. Emotions are everywhere.
Komentarz:
As part of the bigger picture I think SPX is going to continue to slide down slowly and will hit a 50% retracement level eventually (around 228).
Komentarz:
More exact: 50% is 2240 according to this chart:
Komentarz:
Here's a question for the club. Answer and you become the honorable club member:
Komentarz:
there was a discussion
Komentarz:
I've no interest to discuss club matters in the public park (chess piece moved).
Komentarz:
Among other things: who was being naughty today and tried to short twice too early? Need to discuss.
Komentarz:
At peace and in meditation today. Lights on, doors off the hinges.
Komentarz:
Komentarz:
Don't spit out cognac they said. They were brutal but good teachers.
Komentarz:
Komentarz:
Komentarz:
not being naughty or anything - just having an opinion, I cherish you opinions too, no sarcasm
Komentarz:
k, deal, have a warm day - i'm wrapping it up here, the birds are hungry :)
Komentarz:
p.s. greetings to the quants
signed: amateurs
signed: amateurs
