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Stock Market Today : June 25th - 29th - Page 8

post #141 of 883

Major support/resistance here on the daily. Could be stuck in this tight range all day until we break one way in power hour.

post #142 of 883

5pt SPY handle range bound garbage day eh?  Suck those quarterly premiums dry.

post #143 of 883

Im not going to try play the upside anymore.

 

I will just wait for the rallies if they come and pick them off when they get too toppy.

 

Way too much downside risk in this market.

post #144 of 883
Quote:
Originally Posted by StockJock-e View Post

Im not going to try play the upside anymore.

 

I will just wait for the rallies if they come and pick them off when they get too toppy.

 

Way too much downside risk in this market.

 

I feel your pain this week.  This morning I got clipped a couple of times.

post #145 of 883

indexes trading above VWAP on 15min charts

post #146 of 883
Quote:
Originally Posted by Rock Sexton View Post

 

I feel your pain this week.  This morning I got clipped a couple of times.


Now that we agree, watch QE3+4+5 get announced in the next 5min.

post #147 of 883
Quote:
Originally Posted by Marcus092 View Post

indexes trading above VWAP on 15min charts

 

SPY isn't.

post #148 of 883
Quote:
Originally Posted by Rock Sexton View Post

 

SPY isn't.

keeps bouncing off it

post #149 of 883
Quote:
Originally Posted by Marcus092 View Post

keeps bouncing off it

 

When you posted that the VWAP was 131.58 ....we were at 131.14

 

FXhQY.png

post #150 of 883

Per Twitter...German Chancellor Merkel says Europe will not have shared liability for debt as long as she lives $$

post #151 of 883
Merkelbear to the rescue.
post #152 of 883
Quote:
Originally Posted by StockJock-e View Post


Now that we agree, watch QE3+4+5 get announced in the next 5min.

Maybe what Merkel said translates to "Auf QE-stein"
post #153 of 883

Damn what's with this drop?

 

Testing yesterday's low, I hope this holds mad.gif

post #154 of 883

looking to play the upside for a scalp. Maybe waiting until power hour is a better idea

post #155 of 883

Merkel said Germany would not be held accountable for other country's debts. AKA less chance of euro bonds, the only chance to save Italy and Spain down the toilet without German backing.

post #156 of 883
Quote:
Originally Posted by rando View Post


Maybe what Merkel said translates to "Auf QE-stein"


Ich nicht ATM machine

post #157 of 883

the bear mentality.. welcome!!

Quote:
Originally Posted by StockJock-e View Post

Im not going to try play the upside anymore.

 

I will just wait for the rallies if they come and pick them off when they get too toppy.

 

Way too much downside risk in this 

 

 & F this range bound pos day.

post #158 of 883

i doubt we make a new high today, looking to short this top

post #159 of 883

Rangebound channel, then we crack it 5 pts to the downside ......which is followed up by a 7pt rip back into the channel.  laughing.gif

 

firefly.gif

post #160 of 883

Strict rotation right now around a 2day POC.

 

758p1.png

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