Thursday, October 13, 2016

intraday SPX 10-13-16


This is a continuation of  the last post.  It did indeed stay up.  Never really got much of a dip / buying opportunity.  I think this is going to be a significant rally into tomorrow.  Don't lose your shirt or anything. 

It seems to be compression, probably just around the day's open/high. 

I've been noticing this a lot.  The price starts out one way, switches mid day, then continues into the next day, or 2(usually 1), when it switches

There could be a large move Monday, so it makes since to consolidate in advance of that.

Also, is this completely boring?  Do you think it's worth anything, or do you ignore it?

But it's also possible I'm about to lose some money :P

3 comments:

  1. This comment has been removed by a blog administrator.

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    1. Out of curiosity, was there something that I wrote that warranted it to be removed? So, I know for future reference.

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    2. no, it was an accident! sorry

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