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Strategies & Market Trends : Wolfgangrene's charts -- Ignore unavailable to you. Want to Upgrade?


To: wolfgangrene who wrote (1923)11/18/2015 10:14:38 AM
From: wolfgangrene2 Recommendations

Recommended By
Justinfo
Oldbasalt

  Respond to of 3976
 
Just sold some SPY calls I got yesterday on the 1 min chart pincher.
They were red overnight and I was a little nervous. Fortunately, the market gapped open and I got out green about 15% at the upper channel line on the 15 min chart.




To: wolfgangrene who wrote (1923)11/18/2015 10:17:21 AM
From: The Ox5 Recommendations

Recommended By
Biotech Jim
Fiscally Conservative
Justinfo
Oldbasalt
wolfgangrene

  Respond to of 3976
 
As we approach the end of the year, we'll likely get more exaggerated moves on falling knives as tax loss implications compound the selling. I'm looking for more extremes, fwiw.

Commodities are still falling steadily as a group. This will add even more disconnects to industries that are supported by them, most specifically transportation/shipping/mining/agriculture.

Keep the charts coming, W!!