SPX is at some very strong resistance. Arguments are welcome.
Komen:
SPY, 15 min, ATR says: GO! We don't know where though.
Komen:
Komen:
If you guys disagree with something - let me know. I'm trading a real account with these charts. Sometimes the movements happen too quickly and I can't post updates, but I try to keep the main outlook up to speed. I'm not selling anything and this is just for exchange of ideas. If I can learn something from other traders I'll be very happy.
Komen:
Friendly reminder not to fall in love with the fall. Take your profits gradually at fib levels and/or pivots.
Komen:
I have some business to take care of today and won't be updating, but if somebody sends a PM I'll answer as I'll be by the computer. It's a corp tax deadline, lol.
Komen:
before i go - not a good idea to go long here imo - caution bulls, lol
Komen:
long scalp a small one into the EOD
Komen:
at pivot, hedging to neutral for tomorrow
Komen:
I'm both long and short for tomorrow, my hedge is in the green from the last long scalp trade = no risk there. I'm expecting two directional moves tomorrow and will exploit them with my cynically ambiguous position.
Komen:
mind you guys I had the range borders drawn days ago - before there was a range, lol
Komen:
