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Strategies & Market Trends : Humble1 and Swing Trading Friends

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From: humble1	12/10/2014 8:06:41 PM
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blab: the selling will end tomorrow, if it is not already over. imho! to confirm longer term patterns which call for a major pivot on 10/16/15, I would not mind seeing a lower print and close tomorrow. but today is close enough. "washout wednesday" was recognized long ago by the folks at merrill and the idea was pilfered by the touters. that is the wednesday nine days before expiration, especially a quarterly. we are probably now set for a rally into and through opex.

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