Not trading today ... I guess holding SP cash up at 900 by close may be necessary for some exotic options that expire on month and year end. Just my wild guess!
got wacked in last half hour of monday trying to short,not shorting this today,but should get to 903,could go higher ,needs to break 96,1st hour high,to get any kind of selloff,firms have no resistance to upside for window dressing ,big money has a vested interest in marking this close as high as they can
Thank you, but in general only above 70% is considered over bought, and a 6% reversal from there would indicate a top is in.
for those using volume charts, if I'm not wrong, vwap should be closing price of the bar exactly in the middle of the chart, given that chart starts at beginning of the trading day.
H&S in the works on the 5min? Neckline @ 896..? Assuming we're only using candle bodies Edit: H&S destroyed...
That one there was way to obvious. Push up and reversal on high volume and a close on its low on the 1mn followed by a lower low made on low volume. It pay$ to pay attention to detail!
Sold my remaining contracts at 896.25 (+22.25) and I'm now flat. Total profit 206.25. Nice way to end the year. DMartin
For some reason I start to see this 905 close. If we're not making any lower low that 895 print was a sweet retracement.