I_Am_Madness Posted June 21, 2018 Report Share Posted June 21, 2018 Gap down and go as noted. Next stop should be 2725. Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2018 Report Share Posted June 21, 2018 Intraday cycles peak just after 3 PM. Check Link to comment Share on other sites More sharing options...
I_Am_Madness Posted June 21, 2018 Report Share Posted June 21, 2018 There's the break of today's low. Let's see if they can stick save it and close back above mid BB. Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2018 Report Share Posted June 21, 2018 So I have a put expiring tomorrow on one position that's slightly in the money. Cycles say let it ride until noon tomorrow. Gotta go with the odds. Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2018 Report Share Posted June 21, 2018 Actually right now is the idealized synchronized intraday cycle highs. So this pop should be the end if I counted right. The rollover really gets going tomorrow AM. Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2018 Report Share Posted June 21, 2018 On the ES, the rollover starts now as well. Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2018 Report Share Posted June 21, 2018 We have the makings of a haymaker here. Link to comment Share on other sites More sharing options...
DrStool Posted June 21, 2018 Report Share Posted June 21, 2018 Link to comment Share on other sites More sharing options...
I_Am_Madness Posted June 21, 2018 Report Share Posted June 21, 2018 Dow down 8 straight days. Good chance of testing the 200 dma tomorrow. Link to comment Share on other sites More sharing options...
sandy beach Posted June 21, 2018 Report Share Posted June 21, 2018 LOL! Doc, just logged in and thanks for the humor and the new server and glad to see you are on a winning streak. And thanks Madness and Doc for all the running commentary and charts - very helpful indeed! I'm still watching that 61.8% fibo on the S&P 500 at 2742. And I'm keeping an eye on the RUT and SOX. The Supreme Court ruing today on cross border sales tax collection by states, right or wrong, could really hurt that money machines we call the Internet in a big way. Not so much the tax but the complexity involved in tracking 10,000 sales tax jurisdictions in the US, their quarterly changes, their changing filing requirements and responding to 50 different audit requests is probably going to kill a lot of legitimate businesses. Not to mention that the supreme court left wide-open collecting back taxes for the last 7 years. That's downright scary for a legitimate business with a 2% margin who under law up until today didn't owe anything to be presented with up to a seven year bill for say on average 5% is sales taxes? Link to comment Share on other sites More sharing options...
aussiebear Posted June 22, 2018 Author Report Share Posted June 22, 2018 ---> Friday foibles http://www.capitalstool.com/forums/index.php?showtopic=13263 Link to comment Share on other sites More sharing options...
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