S&P daily pivots and break-down & up Targets

He's probably just too busy. Today is a wow day.

 

Yes.

Because of the volatility and economic uncertainty the smart money is on the sidelines today. Only the rookies will try and trade this today only to lose on both sides of the market i.e. long and short will get destroyed. ANY. and I mean ANY breaking news could send the market crashing or rally in the matter of seconds. You don't want to be on the wrong side of that.

 

I would have to partially disagree. Would most people be better off not trading today, sure, but if you live in Asia and look for 2 - 3 trades then the 0315 to 0350 EST approach to 1224 as well as the 0520 to 0530 EST approach to 1219 were both clear cut, standard, sell a retracement set-ups.

 

This guy did fine today with +$25K; and I doubt he's a rookie

 

No email went out for Monday due to the news-driven volatility.

 

I am back, Sorry guys I felt I better stand aside and assist
the trader in our trading room today with the market!

We did very good considering the market we had we stayed
short into the close not sure if they all held but it was the right thing to do

NOW what ???

Well you have all heard me say 1080 for a FIB wave down
and it would trigger on a break of 1200.00 well we broke
1200 will it be a straight shot who knows but I been saying 1080
on my vid for a little over a month

Unless the fed pulls some magic out of its hat we will likely get there soon

Don't be a hero in this market, Please

If you dont have to trade it don't, if you feel the need here are the levels

 

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Vid for Tuesday

 

Here we go again !

AIG $2 Bucks if they go down this will be really bad

Margin selling hits about 2-3 PM from what I am told
just FYI

Watch afternoon run !

 

Fed daily REPO if you want to know what it is


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HOLY COW they are saying 90B needed !

This market is hungry and starved for captial