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Enjoying The Ride?
192

Enjoying The Ride?

by The MoleMay 4, 2018

I promised you volatility and the market delivered – in spades* I may add. And that’s all I’m seeing right now, random dips and rips but at the same time an equities market that refuses to roll over and die. Until now that is, as a drop below ES 2580 would force longs to start covering all the way into ES 2400. What seems to be keeping things aloft thus far is a  shallow volume hole right below yesterday’s spike low near ES 2590.

Which is a classic make or break pattern for the bulls as a dip through it would invite continuation of a developing series of lower highs and lower lows on the daily panel.

Wave wankers would call it a series of 1s and 2s while more sane contemporaries simply look at it as a support cluster, which once broken would be difficult to regain in the near term future.

Now I’m not going to sugar coat it for you guys. The bulls are having a real problem here. See that dip below the -25 mark on the ROC panel below the VIX? That represented a low in realized volatility that was expected to correlate with a new low in IV and of course a new high in the SPX.

Which it did but on both ends the recovery had been too shallow and as that meant that the bears started to smell blood, suspecting that another take down attempt may be successful. Which it has  of course.

And emotionally the bulls have been taking quite a bit of a beating. It’s mostly psychological of course as price has stubbornly remained > the ES 2600 mark. But keep in mind that most market participants at this point consider 50 handles down on the SPX to be the epitome of a raging bear market.

On the other hand ZeroEdge and its ilk have cried wolf so often since 2008 that nobody really believes in a real bear market anymore. So it’s a bit of a mixed bag of cognitive biases going on here. Low pain threshold based on recency bias paired with general complacency.

I’m very tempted to be long here and what irks me the most right now is the UVOL:DVOL signature during yesterday’s late session punch higher.

The Zero on the other hand produced a very nice looking bullish divergence and I hope some of you guys caught that one. Just glancing over the comment section over the past two days it feels like I’m on SOH or something.

It was fine to be short at the launch of yesterday’s session. But I have no understanding how one could miss two consecutive stacked spike lows accompanied by a Zero signal like the one shown above in the right panel. Don’t trade the market you want to see – trade the one in front of you. Did I stutter?

It seems like the current Dollar rally may be heading into it’s last phase or may already be over. Having entered near 89.4 it’s been an amazing run and at my count the best campaign of this year thus far with already 9R plus in profits.

If only all campaigns would run so smoothly, but I guess then it would quickly turn out to be boring. Okay, we actually have a ton of entries today, so let’s get to it:

I really don’t want to take out a long position here based on what I presented above but I cannot pass up a spike low like that until (and that is important) major bullish support has been breached.

Until that happens I will continue to favor the bullish scenario, which puts into a long here with as top below ES 2606. I give this one 50:50 odds at best, so my position sizing is only 0.5%.

I’m also grabbing a long in copper with a stop below 3.043. Beautiful formation on the short term panel and although it’s a whipsaw market from a daily perspective a run into 3.2 is a possibility.

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* Thanks to Darrel for pointing out that it’s ‘in spades’ as opposed to ‘in spates’.


About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at the usual social media waterholes.
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  • Tomcat

    A ton of FOMC members speaking today. BTFD

  • StockTalker

    /CL looks to be putting in a sequence of lower highs. Fallout today by the looks of it if we do not see a breakout. Additionally, /ZB resistance is 144 with a nice little 5w structure on the 10yr.

  • Tomcat

    Oil bulls are still in control.

  • Dyellowflash

    Looks like u had a great time being long the usd. I sure had a great time shorting the euro. I am hitting close to 9Rs as well. But i am keeping at least 50% of my shorts. I think this has legs.

  • StockTalker

    Think we see a resolution today but judging from the market it would seem to be down. Bulls have shown weakness now and are vulnerable. Either way it will be a strong move regardless of direction.

  • https://evilspeculator.com Sir Mole III

    Certainly hope you are right as I could used to a € < $1.20.

  • Tomcat

    if we are playing a guessing game, as its Friday and almost everything is correlated, indexes + oil should end up green.

  • HD

    Mole, Enjoyed the blog today. Actually you are the first I have seen to suggest nested 1-2’s. Most of us down here are charting choppy corrective patterns.

  • StockTalker

    Long term buddy!

  • BKXtoZERO

    There they go. Well have fun without me today… renting trencher, installing yard
    drainage pipes. See what answer the bulls can put together. Kellogs up
    on veggie burgers has me thinking long!

  • http://gerb-reloaded.blogspot.com/ War_Gerb

    you’re on a roll, you could make in a day, what it is to hire labor for a week.
    Si’?

  • BKXtoZERO

    for 9 years 1-2s haven’t worked….. I cover almost every time I see a 1-2 or i-ii

  • HD

    You have to have a heuristic approach to EW. I looked at Pretcher’s work and quickly realized he wasn’t the smartest person in the room. I count ABC down, always. I added very specific rules for 1-2’s. They never include higher lows.

  • BKXtoZERO

    Ha! That is in my 401K…. in my present cash flow life, money comes from my job only, single earner with house/kid….. wife spending money on plants! No, Old BKX will be out there doing it himself. I fix my own cars…. do everything. This is easy job.

  • http://gerb-reloaded.blogspot.com/ War_Gerb

    that’s a big word.

    heuristic, any approach to problem solving, learning, or discovery that employs a practical method not guaranteed to be optimal or perfect, but sufficient for the immediate goals.

  • http://gerb-reloaded.blogspot.com/ War_Gerb
  • https://evilspeculator.com Sir Mole III

    Remember my counts were always better than that of Hochberg. But that only meant my delirium was more advanced than his 😉

  • BKXtoZERO

    I took Moles.Scotts advice and just let price tell me if I am right or wrong. I look at a lot of things and toss them in a blender. I stopped counting. I see what others suggest, mix it with my views and take shots based on price. If I am wrong, I no longer sit there thinking I am right or hoping, I get the hell out. when I am right to within my stop tolerance I let it run.

  • maxcherry

    repost- here’s an interesting chart, it’s of the SPY and i deducted the move from the 4:00 pm close to the open whatever it is.
    without the overnight/pre-open move the SPY is down 8% YTD and has a similar pattern to 2007.
    https://uploads.disquscdn.com/images/8fdc19d514ab72d1ce941735d888ac27bdb81ea239d019beadbbd1700b86b529.png

  • https://evilspeculator.com Sir Mole III

    Seriously? You had to look that one up?

  • https://evilspeculator.com Sir Mole III

    Okay if I understand this correctly it’s a similar approach as this?

    https://evilspeculator.com/stats/SPY_annual_cumulative_stats.png

  • BKXtoZERO

    My life is a little better than his….. Hotter wife too!

  • HD

    Ha. I was pretty lucky to find a different wave method before I reviewed EWI.

  • HD
  • https://evilspeculator.com Sir Mole III

    Scratch that – you’re comparing pre- with post-open movement.

  • https://evilspeculator.com Sir Mole III

    Peggy would be a firecracker in the sack though – I’m sure 😉

  • HD

    JMHO but I think the bulls are gonna hold too long again.

  • http://www.captainboom.com/ captainboom

    When you get done with that, I’ve got a house that needs the lath and plaster removed from 😉

  • BKXtoZERO
  • HD

    ha!

  • BKXtoZERO

    it also explains my lack of donations to your site Mole. I owe you much but I am…. Al. I wish I found your work back when I had my etrade account.

  • BKXtoZERO

    bwaaah… I will be at the Nudy bar

  • https://evilspeculator.com Sir Mole III

    Keep your hands out of your pants and you’ll be okay.

  • http://gerb-reloaded.blogspot.com/ War_Gerb

    not me! BK.
    shoe salesmen don’t know that word.

  • Yoda

    lol

  • BKXtoZERO

    I do TOTALLY respect your ability to add it in and derive solid information from it.

  • maxcherry

    yes the open – the close keeping a running total

  • Tomcat

    And everything is GREEN and the world is whole again.

  • HD

    nice call TC!

  • http://gerb-reloaded.blogspot.com/ War_Gerb
  • Yoda

    I must admit that I’m getting quite repulsed with the idea of trading the spoos, SPY or anything tracking the major indices when they trade in a range pattern. My focus right now is on commodities related trades. Somehow, I trade them better…

  • BKXtoZERO

    where is that line coming from? I have ES above very short term line and below longer term line. https://uploads.disquscdn.com/images/7f34300e363632ca14a81f9578424542d506785f33dcb6a66e8613f738900109.jpg

  • http://gerb-reloaded.blogspot.com/ War_Gerb

    it’s not mine, I stole it. It doesn’t have a second data point, so it’s worthless. I prefer 3 or 4 data points before validity.

  • Tomcat

    I wish I was making money off this call though. I am short Oil and RB. None of which are going my direction and are approaching their respective stops.

  • BKXtoZERO

    funny, I love those….. I have trouble being a trend follower

  • BKXtoZERO

    HA! common man!!! The Gerb dude?

  • Julie 35 – 25 – 36

    Covered remaining 1/4 SPX short at 2638. BAC covered remaining 1/4 short. USO a possible 4 th test of 14. 4 th time is usually the make or break i.e. brick wall
    JULIE

  • StockTalker

    Treasuries unfolding according to plan here, 10 yr back on the move despite the Fed.

  • Julie 35 – 25 – 36

    Yoda Triangles are the most difficult of all patterns to trade
    JULIE

  • StockTalker

    Lower high is in, trend line touch. If the bulls can not break this it will sell terribly.

  • HD
  • Tomcat

    Place your bets and let’s break that wall???

  • Tomcat

    I don’t know what timeframe you are looking at, but I trade the 2hrs and the candle is going up

  • Julie 35 – 25 – 36

    SPX Have not gone long yet A close above 2651 Not greedy Target 2702 per charts previous thread
    JULIE

  • Tomcat

    Julie, between you, ST and I, we need a 4th to break this down 😉

  • Julie 35 – 25 – 36

    TC Volume not confirming. A breakout USO is gonna need volume
    JULIE

  • StockTalker

    Look at a 4hr chart and construct a trend line a top the highs. You see a sequence of lower highs being put in, very bearish if a new high is not put in.

  • Tomcat

    Julie, I understand your POV and obviously that is part of my narrative for S, but as BL says, does it matter if vol is low, when price is going against you?

    Another thing I am looking at as I have posted previously is, filling the gaps of April 10/18

  • Julie 35 – 25 – 36

    TC I completely understand you and BL Most often a short needs time to work. USO is going up as a matter of lack of sellers not an abundance of buyers. When selling kicks in it will drop like a rock
    JULIE

  • Tomcat

    Yes, as BL says, its going up because there are more buyers than sellers. GL to us.

  • HD

    Selling 2655

  • Tomcat

    Well, the Oil big boyz have done it again. Tip of the hat

  • BobbyLow

    New high printed and hit my stop.

  • Yoda

    Tape is on auto mode, retracing the price where the volume profile is the highest
    https://evilspeculator.com/wp-content/uploads/2018/05/2018-05-02_spoos_perspective.png

  • Jake_38
  • Tomcat

    Yes sir!!! Low vol, record longs, the big boyz do not give a shit…

  • BobbyLow

    I don’t know about you but my stop was hit. A stop is there to keep me from hopium and all kinds of irrational bullshit to keep me in a trade I shouldn’t be in.

  • Tomcat

    Yes sir!

  • StockTalker

    And we get the blow off on crude.

  • BobbyLow

    Glad to see you move to a 2 Hour. Because of the latest bout of churning, I moved to a 3 hour and still got stopped.

  • Julie 35 – 25 – 36

    TC When in doubt go to the weekly chart USO going up into upper trend line of a channel and 50% retracement overbought with volume diminishing. Negative divergences and pattern from mid February is a 3 drives to the top pattern. Julie not running scared and having patience
    JULIE https://uploads.disquscdn.com/images/532f96f9441bf149fd11ee7cd365662c398a0d2de644a0541e092e51c9b1a84b.png

  • Tomcat

    GL Julie. I MAY rejoin you maybe… but for now the fat lady called my name

  • BobbyLow

    Not saying you’re wrong Julie. But for me, if I don’t enforce my own exit rules, I get into big trouble. I also try to keep in mind that small losses and overiding my stop almost always lead to bigger losses.

  • Julie 35 – 25 – 36

    BL And TC I understand completely and YES stick to your plan and discipline. BL You can always re enter. Myself I am not even down 1% yet
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Julie 35 – 25 – 36

    FIB Extensions USO 14.11 — 14.17 — 14.26
    JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • BobbyLow

    I understand that a .29 Cent move in USO isn’t much and that’s cool. But a $3.35 3X move in OILU is and a $1.44 Move in /CL is worth $1,440 per contract so there’s a relative amount of $ leeway allowed based on account sizes etc.

  • Julie 35 – 25 – 36

    I love this game … Just like you guys !
    JULIE

  • Tomcat
  • Julie 35 – 25 – 36

    Remember Guys USO when a short squeeze is over …. It’s over !
    JULIE

  • Julie 35 – 25 – 36

    SPX now testing it daily 21 ema
    JULIE

  • Yoda

    it wouldn’t be as fun without you contributing here…

  • ridingwaves

    don’t get in front by being short, until it’s over….
    https://www.youtube.com/watch?v=h9JArvEJ64M

  • StockTalker

    Can not believe it was not stopped out, thought it might be going to 70. We can get a sell off now. Dammit!

  • Julie 35 – 25 – 36

    Thanks Yoda You guys are great
    JULIE

  • Julie 35 – 25 – 36

    RW Great song
    JULIE

  • Julie 35 – 25 – 36

    USO Will the 14.11 fib ext be it ? Pulling back from 14.12 What Fun !
    JULIE

  • Julie 35 – 25 – 36

    All eyes on oil and it’s Friday !
    JULIE

  • Julie 35 – 25 – 36

    GG Question for ya Bro …. Why is RSI at 50 and 40 important in an uptrending stock’ ? I know
    JULIE

  • Darkthirty

    2658 is symmetrical

  • https://evilspeculator.com Sir Mole III
  • Julie 35 – 25 – 36

    SPX not going long until a close above the downtrend line and 21 ema with a bullish MACD signal line cross Add above the 55 ema https://uploads.disquscdn.com/images/037b31956e89a560a5a574935bfb7303a21c9141ba073a584f2a9798b959f2e0.png JULIE

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    must think about it, BRB..

  • https://evilspeculator.com Sir Mole III

    Tomorrow’s cinco de mayo – which is completely unknown here in Spain, I’ve asked around.

  • https://evilspeculator.com Sir Mole III

    You forgot handsome!

  • https://evilspeculator.com Sir Mole III

    Sacrilege!

  • Darkthirty

    Mexkin battle of puebla….Ameirkin for “Let’s get piss drunk”

  • Julie 35 – 25 – 36

    Chief We missed you yesterday ! Have A Great Weekend Chief ! Been a great week for me on trades. USO has been a bearcat but confident it will go my way. Down USO minimal Thanks Mole for everything that you do Chief !
    JULIE

  • Julie 35 – 25 – 36

    Chief You good lookin Guy ! Yeah !
    JULIE

  • Julie 35 – 25 – 36

    GG and Everyone RSI 50 and 40 are important in an uptrending stock or index. Usually a retracement is 50% and 61.8% RSI at 50 Is the 50% retracement between 30 and 70 and RSI at 40 is the approx. 61.8% retracement Everyone Have A Great Weekend !
    JULIE

  • Yoda

    Ah, tacos, cold cervezas and tequila shots…it’s almost the week-end

  • Darkthirty

    2661.75 is 78.6

  • BKXtoZERO

    That means the market “Sinks” in May”! (cinco de mayo) Trenching harder than I thought….

  • BKXtoZERO

    see…. give me 2X reverse VIX and I wold gladly be scalping that. Where is XIV when you need it LOL suckers………

  • https://evilspeculator.com Sir Mole III

    It’s a white lie but I take it.

  • https://evilspeculator.com Sir Mole III

    Glad to hear it. Quite frankly I just didn’t feel like participating yesterday – sometimes I need a day away.

    You’re always rock’n and roll’n – with or without me.

  • BKXtoZERO

    Elon has a warning for TSLA shorts, that means YOU RW! he is gonna skin you and make a rug out of you. details on ZH

  • https://evilspeculator.com Sir Mole III

    Actually traded a short VXX today via a new strategy I’ve been working on in collaboration with a quant buddy.

  • https://evilspeculator.com Sir Mole III

    There’s still the SVXY by the way but it’s only 0.5x now.

  • BKXtoZERO

    ya, that is a waste of time. Give me 3X or give me death!

  • https://evilspeculator.com Sir Mole III

    How about VXX?

  • Julie 35 – 25 – 36

    Guys I showed this chart yesterday SPX target 2702 matching the downtrend line and upper cloud boundary. NOW this bounce could still be the D leg of the triangle. Remember Oscar’s Triangle Rule …. Must go 75% of the triangle apex and not there yet. JULIE https://uploads.disquscdn.com/images/f005677c75eabffb421e988d782e2078c2d2b458e0c83196d771dd4e063aac8c.png

  • Julie 35 – 25 – 36

    D legs of a triangle are usually the most complicated
    JULIE

  • https://evilspeculator.com Sir Mole III

    You can’t call it a triangle yet – two spike lows/highs on both sides is insufficient.

  • BKXtoZERO

    I need to think about this, thanks, back to work

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    salt was an American invention, to pan off cheap liquor.

    give me High End cactus juice or Death!
    https://assets3.thrillist.com/v1/image/1691392/size/tmg-article_default_mobile.jpg

  • Julie 35 – 25 – 36

    Chief I am definitely calling $XII a descending triangle with much to go before completion. Remember $XII is not traded and can’t be manipulated. At the conclusion of this triangle the resolution could be to the downside .
    JULIE

  • Julie 35 – 25 – 36
  • https://evilspeculator.com Sir Mole III

    Okay guys I’m heading for dinner and a then a nice blonde for desert. Enjoy your weekend!

    https://uploads.disquscdn.com/images/2e66175dfc0bc11e67c2703674624c453497fdf1321ee170d6db10520f0ba18e.jpg

  • https://evilspeculator.com Sir Mole III

    Mark clearly enjoys a good beer 😉

  • Mark Shinnick

    Yeah…and being buku long at the moment…actually since earlier 🙂

  • Julie 35 – 25 – 36

    Chief I do not like her necklace
    JULIE

  • HD

    Ya. She needs a pearl necklace 😉

  • HD
  • Ronebadger

    Thanks for the mammaries…

  • Ronebadger

    Looking at SPY volume on this nice run-up…I’m not impressed

  • HD

    Casamigos Reposado a very good tequila.

  • Julie 35 – 25 – 36

    Chief take it from me A fake smile. Watch your wallet at all times LOL !
    JULIE

  • Julie 35 – 25 – 36

    Ronebadger Typical volume for a triangle
    JULIE

  • HD

    Being objective, 1 more daily candle like today or yesterday and we would have some clues that a potential low is in. Not yet though.

  • ridingwaves

    I saw a big beer to the right..yummm….so close to cinco de mayo too…

  • ridingwaves

    well he can talk a lot but until the symbol closes above 307 the run is over, thanks for reminder, so busy I forgot to get into it….

  • Julie 35 – 25 – 36

    XPO I missed this yesterday and it was on my radar Oversold bounce 61.8% retracement matching a lower channel and it’s 89 ema. Can’t win them all JULIE https://uploads.disquscdn.com/images/ea21662ba25d5030f7bbc14eb49734d36dcddcce3436e66bf2c76c819d8cc527.png

  • StockTalker

    Try options if you would like to play hard ball!

  • ridingwaves

    I think I’m starting in a couple hours….the heck with it…

  • Julie 35 – 25 – 36

    USO Today’s intraday consolidation is it re accumulation or distribution ? The fib extension 14.11 could be it JULIE https://uploads.disquscdn.com/images/536636f06a42c21292566fbadce982443bc13214de6a2d663937bd2149a7a352.png

  • Darkthirty

    Predator eyes, too ……..looks like a good time!

  • BobbyLow

    Options is a game of “hard ball’ allright. More like an entire team throwing Medicine Balls at ya. 🙂

  • BKXtoZERO

    wow…. they are at the upper trendline on my chart from this AM….

  • Darkthirty

    It’s almost 2… where’s VWAP?

  • Julie 35 – 25 – 36

    SPX Another chart guys .2702 is my target per previous chart below. Now the upper Bollinger Band also matches the downtrend line at the https://uploads.disquscdn.com/images/b1a1a0805f0ae676dca0bb9874cda1d44913aea6d5ad8ff51146d5985812d8aa.png 2702 target. Stated below will go long EOD with a bullish close above the 21 ema and blue dotted downtrend line with a bullish crossover of the MACD signal line JULIE

  • BKXtoZERO

    lower line was quick! Must be those veggie burger sales at Kellog that sparked this whole thing.

  • Julie 35 – 25 – 36

    BKX I wish that I would have hit XPO as it was on my radar. Up approx. 9% in two days. Can’t win them all Bro
    JULIE

  • Mark Shinnick

    Did a buku long exit for time being.

  • BKXtoZERO
  • Julie 35 – 25 – 36

    Good job Mark You can always re enter Have A great weekend
    JULIE

  • BKXtoZERO

    cool!

  • Mark Shinnick

    Re-entry….that’s a nice idea 🙂 Gotta catch my breath first.

  • Julie 35 – 25 – 36

    USO This is a valid trend line at the 14.11 fib extension Sputter .. Sputter https://uploads.disquscdn.com/images/a4c58f95e632b3e8cad3af1ce73f3d300ceec409ec79ab8908f4e76ee25953b9.png JULIE

  • BKXtoZERO
  • BKXtoZERO

    maybe put the 3 where the 5 is? or the 1 where the 5 is……

  • Yoda

    looks like we may retest VWAP

  • Julie 35 – 25 – 36

    Definitely an impulse — BKX Typically how many .. Ahem .. waves in the leg of a triangle ?
    JULIE

  • Darkthirty

    3 waves between trendline hits, 6 trendline hits including the throwover/under

  • Julie 35 – 25 – 36

    You got it ! Often the D leg is the most complicated which I believe is occurring presently
    JULIE

  • HD

    May the 4th be with you, Happy cinco de drinko. Be safe.

    Monday is a bloodbath!

  • Julie 35 – 25 – 36

    HD IMO SPX up to 2702
    JULIE

  • BKXtoZERO

    finally in all seriousness…. VIX didn’t exactly get crushed here… tryng some TVIX at 6.8.. 1R

  • HD

    1 tweet storm away.

  • Darkthirty

    Kinda skitchy with candles though……………I can track a jacksnipe through a swamp, after dark, in a thunderstorm, easier than reading that

  • HD
  • Yoda

    You’re lucky it’s Friday and that the boss is having a blonde for dessert

  • Julie 35 – 25 – 36

    SPX Not long yet Perhaps Monday on the 60 min chart with a 60 min candle closing above the downtrend line USO Going to hold the fort on the short Again Everyone Have A Great Weekend Now back to work JULIE
    https://uploads.disquscdn.com/images/340662a26f38bb2d05683f79241c7f28d2771ddf4ae8bdc1ddaceee14fea4e3f.png

  • Julie 35 – 25 – 36

    SPX Developing triangle I am just taking base hits as everyone has noticed
    JULIE

  • RomPetr Oll

    Julie
    Hows ur Ichimoku Cloud ?

  • Julie 35 – 25 – 36

    SPX It’s doing great the weekly is coinciding with the daily Exp Fib Moving Averages too You will notice the importance of the weekly55 ema and the daily 233 ema
    JULIE

  • Yoda

    Off to get wasted!
    ¡A os salud! ¡Que la paséis bien!
    http://cdn.funcheap.com/wp-content/uploads/2016/04/mezcal1.jpg

  • Julie 35 – 25 – 36

    Now you Boys Be Careful !
    JULIE

  • RomPetr Oll

    So , up and away on Monday then 🙂

  • Julie 35 – 25 – 36

    2702 per charts shown today. Plenty of room to run up on Stochs 5,3,3
    JULIE

  • Julie 35 – 25 – 36

    One item … Triangles are the most difficult patterns of all to trade – tight stops and if wrong not wrong long
    JULIE

  • https://evilspeculator.com Sir Mole III

    Nice try but you actually said it in Castillian Spanish, i.e. the type of Spanish spoken over here in Spain (and it would be ‘a vuestra salud’. In Mexico you’d say A su/tu salud! ¡Que lo pasen/pases bien! (lo in S.A. and la over here in Spain)

    To summarize – Spanish is a PITA language and not as easy as they make you believe. A ton of dialects and regional differences.

  • ridingwaves

    you were on a roll today…enjoy the tequila…

  • https://evilspeculator.com Sir Mole III

    i was just watching the tape – WHILE BANKING COIN – that’s the way I like it. Have a good weekend.

  • ridingwaves

    Portuguese really messes it up, that’s why their is tequila and beers, the southern californians just drunk a lot and cherished cinco de mayo in english…though sometimes in Mexico..

  • ridingwaves

    same to you, take it easy on the blonde…..a wife only come around once in a lifetime, 3 x if your from the car industry…

  • BKXtoZERO

    I didn’t do well with options. I have no futures access either in 401K. I can buy any symbol I want, but that’s it.

  • BKXtoZERO

    ya they see you coming before you even know you want to buy the option, then they fake you a little, then slow burn you to zero. You have to be DEAD ON, and still run for your life. No fun.

  • BKXtoZERO

    Julie…. looking at MKTs now that I have time (boy do I hurt) Crude looks to be breaking out with a head of steam. (be careful)

  • BKXtoZERO

    I was wondering if you were stuck? I didn’t see you yesterday and was wondering. Profits for all!

  • ZigZag

    Hi folks, not been around much cause I started a new job at the beginning of the year. Looks like I found some new artwork though..
    https://uploads.disquscdn.com/images/d6fe275382814127a40c0c52d3a41f0fc5990e6ad8195c5c3ba299556bc73a1d.png

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb

    who are you again?
    😉

  • http://gerb-reloaded.blogspot.com/ Gold_Gerb
  • Mark Shinnick

    Had to stand aside. In my other life I’m a 24/7 protector / advanced-practice medical provider for my deranged mom. She got convinced by the persons who’ve already stolen over $320k money, her health, and poisoned –then abandoned her last year, it would be a good idea to sue me….so gotta answer the complaint. This is what happens when police don’t stop elder abuse.

  • https://evilspeculator.com Sir Mole III

    How’s the new job?

  • Julie 35 – 25 – 36

    SPX Now that the triangle is being talked about ….. too obvious. We know what happens now
    JULIE

  • ZigZag

    Well it’s interesting as it’s a real estate job at a major port. I’m overqualified and adjusting to the civil service aspects is tough, but I needed something current on my resume. Hoping to either find something else in a year or so, or figure out how to overlay a new trading routine soon.

  • https://evilspeculator.com Sir Mole III

    Isn’t it funny how we are all forced to absorb huge amounts of knowledge and experience over our lifetime in the 21st century? Only to be then told that we are over qualified for any available jobs.

    Used to be an engineer and that was one of the reasons I walked away from that racket.

  • ZigZag

    Actually you guys can bid on this piece of fine art as it’s coming up for auction. Note that the serigraph is printed on a used central bank money bag!

    Artist and details as follows:

    cryptograffiti

    HODL

    2016

    Edition #11 of 25

    12 x 12 in., 30 x 30 cm.

    Serigraph on used central bank money bag

    Estimated Value: $2,000 – 3,000

  • Julie 35 – 25 – 36

    $one:$vix tracks the $SPX. I have posted daily and weekly charts $SPX showing a 2702 target. When $one:$vix reaches upper Bollinger band coinciding with it being 20% above it’s 10 ema.SPX should be approx. 2702 JULIE https://uploads.disquscdn.com/images/81de6cacd625e489bb154a6b7eaf7de1476048e1f75954228bbf2339015a7ed5.png

  • Julie 35 – 25 – 36

    Will the $RUT continue to outperform the $SPX ?https://uploads.disquscdn.com/images/eb659ddf56fd23f53ef9e39ff7c4b8df6ae97a738c09ff9b2f0eb5a6f845c8c3.png Maybe not with negative divergences RSI and MACD. A break below the channel centerline will be a red flag. A break below it’s 21 ema and lower channel trend line WELL………. ! JULIE