E-Mini SP 500

[Xymox]

you can see the games being played on the DOM right now, a biggie is trying to get a higher average price, he bids for 500, the offers move away, and then others frontrun his position, then the biggie hits their bids.

some good moves today, pretty much bulls and bears getting cleaned out.

 

[Xymox]

300 massive attack lord of war.

 

[Xymox]

looking at the same derivative on different platforms sometimes elicits feelings or bias, the turn positive towards the close was constructive. The worriesome pattern in bonds of sustaining higher levels, implies risk is increasing in equities. Means bond market is predicting another equity break, but equity action is resistant.

 

[Xymox]

chart analog... xlf chart different timeframe, but a signifiant possibility for the SPOOZ to play out as.

compare this chart to the above chart, Oil can instigate this.

 

[Xymox]

corresponding portions...

 

[Xymox]

rug pulled out from underneath, old switcharoo. Futures getting pounded, agenda driven. Agenda is a double top on the daily, massive amounts of liquidity are exposed, only way for profit realization to occur when large pools of money are used to break the psychological basis of price.

 

[Xymox]

wouldnt be surprised if a black swan is seen floating around among the carcasses of dead bulls.

 

[Xymox]

lit bit of battle going on between two large parties on the DOM.


edit: http://www.reuters.com/article/businessNews/idUSWEN234820071105 news....should weigh down the market.

 

[Xymox]

expecting 12,500 on the Dow.

 

[Xymox]

ES pounded,

 

[Xymox]

risk has increased tremendously now for a downside break.

 

[Xymox]

don't try catching falling knives till the week before christmas.

 

[Xymox]

December 11 is the next FED meeting.

 

[Xymox]

trap is set, mice biting at the cheese.

 

[Xymox]

no reason to long equities, till early next year. Possible Holiday Rally play but not till 1440 on Spooz.

 

[Xymox]

trap sprung.

 

[Xymox]

240 minute.

 

[Xymox]

candles.

 

[Xymox]

retracement levels, long term, 1250...would be ideal for the move up form 800 handle to 1600...

 

[Xymox]

remember don't catch falling knives.. no reason to...