CMG story of the stock market 45 degree bear widow maker, chops around the 50 day, then a bone crushing plunge, I am in pain just watching this...........:eek: :eek: :eek:
That's the only way to shake out the longs and take out the trailing stops. When commodity markets start going limit on the upside, you tend to get a lot of limit down pullbacks into the trend. It starts getting really tough to go after the low hanging fruit. They never make this trading thing easy King.
true dat, so for a scalp you can look at the QQQ here if AAPl blows out earnings maybe Shan B can kick in for rent this month....
expected move around 30, it will usually print inside at some point so the market makers can flatten. My guess is up 10-15 on the open tomorrow that it conservative. Gun to the head sell some OTM puts I will take the stock at 560.