Can somebody please ask Brother Surf how is it possible that Oscar Carboni (pure technical trader) is right more often than Brother Surf? According to Surf TA sucks. Where is the logic?
Nikkei down almost 4%%%%%% Wait till our markets get one of those 4% down days....CNBC will be running a 24 hour market in turmoil special
Which will most likely be met with massive buying again, this is still range bound until proven otherwise.
I am going to agree with you because the VIX is a lot lower than I thought it would be after such a quick drop. With a 7.5% drop in 8 trading days it should be much higher in my opinion, but I guess people are not buying options. I got this graphic from http://www.zerohedge.com/news/2016-01-13/markets-freefall-stocks-extend-worst-start-year
Anyone else think this happened? http://www.benzinga.com/analyst-rat...ge-commodity-fund-blow-up-wednesday-afternoon
Damn I had huge buy orders at ES 1860 - 1865 but this thing took off after tagging 1871, bloody front runners. I think this goes all the way back above 2k now, like I said range bound.
I dont really like buying near the top for the day, but I am looking at going long as well for a move back up to the 2000 area. Will probably wait for now and see if we get a pullback