This is the third time I have been a sucker to a "guru", one who is smarter, richer, taller, shorter, faster slower, etc., etc. Dammit!!!! Now what should I do with those bazillion contracts I jumped into on his/her urging? Dammit!
i am looking at a dozen charts and hop around, the profile i was talking about ,although its a week at a time pattern ,so that one was last week ,was the half bell curve where you are waiting for the bottom to fill in,or another guess would be the ledge where price was held above a minimum # for exp
That will probably result in massive confusion as to what's going on NOW, don't you think? A dozen charts, particularly MP, will all tell you different stories. You see nips here, ledges there, and at the end of the day none of it really matters except what happens in the next few minutes or hours.
spy,spx,es, xom aapl,eur/usd,dx,cl,uvol/dvol,tick,adv/decn,..just watch the package and you have a better sense of what the bigger money is watching,trade less,but hopefully for bigger moves
for anyone : Do we have a futures contract on only fin. sector names in SP500, something like a futures contract on XLF like thing ? If yes, given the fundamentals going on, will be more productive to short that when you get a short bias on the overall market.