SPDR S&P 500 (SPY) Options

Let's get some wild swings for the flippers today.

Got this technical update from ZeroHedge email (marketear) this morning - I'm not a premium member but lets see how this goes........

It is early in the session, but SPX has put in a hammer candle so far. Needless to say, we are at very oversold levels. Note previous hammer/inverted hammer candles led to the SPX bouncing. These types of candles post aggressive moves should be observed closely. A confirmation up, and it could be the signal for a short term bounce. The forced mechanical flows into low liquidity will work both ways. Become a Premium subscriber here to see why it could be equally violent on the way up if we bounce. I

Pivot Calcs: SPX Pivot 5627----R1--5691----S1--5550-----SPY Pivot 561----R1--567----S1--554----ES Pivot 5643 !!LOL!!

No

I love my puts, it keeps on giving and giving everyday.

1st was Btc 100K----2nd Btc take a rest then Gold to 3k ----3rd Back to Btc for 175K In the Fall Back & Back to Gold for 3K Breakout ----Then Silver Follows-----Thats Hunt's Rotation Map ----He nailed the first 2----Interesting ?

Spy is a fan of geometry 

Whose following who?
Btc following spy?

Right at the Lower T/L & Fib 5555 area!-----Coincidence or Design? See if She Holds ??--Till Tues !!LOL!!

It's such a slow drop..... Huh ?.......Is that what it is ?

Plunge protection team to the rescue

It's such a slow drop
Not like the hard moves of the past:(

TZA Up 1.39 in 1 Day ! Yikes !

Lookin at DOW Daily--Next Support 40K ? Another Transfer of Wealth to Da Boys !!

SPX Channel Bottom around 5572! OOUCH !

All we done is print money from 2012 and that was the new norm.....of papering over bad debt. Go ahead and QE now and see what happens lol
475? Might go 375 if we return to fundamentals.

Somebody call the cops !



2018

Out 572C .63! Not Yet !!

Covered 1/2 572C .71!

VIX back down to Pivot & 15 min Red Line ??

Riddin 572C .57?

Resistance SPX 50% Fib 5664----Next Support 38% Fib at 5550 !

Charts: Green line Lady-----Targets on completion 3 wave down-----SPY 555----SPX 5600----DOW 41500----NYSE 18900----Using Daily 250 EMA----see if she hits any of these !

Ppt heard us talking lol

Stopped Out 558P .62!

It could dip pretty good
Buy the ppt bounce;)

Riddin 558P .56 ?

Every drop down, puts always clean up.....and you got to get real lucky.

Charts: SPX back down & Riddin Falling Channel Lower T/L----401k's gettin crushed !

Obviously the hedge Fund Boys were juicing up the Mkt with the Yen carry Trade Arbitrage! ---Riddin TZA---Wish Had a H of a lot More !!

$fxy
$jojo
If that carry trade gets screwed up.
Jpy at 1.55%!!
Any thing etf or etn I'm not going hold anymore...straight TIPS;)

Yen Vs $ --- been advancing since mid Feb--carry trade reaction---Mkt Sell Off !!

Charts: SPX 60 min---14 Days in the Falling Channel ?? VIX--14 Days Bouncing off Da 15 min Red Line ! Not over till VIX can stay below Da 15 min Red Line ?? (233 EMA )

Pivot Calcs: SPX Pivot 5740----R1--5813----R2--5856----S1--5696----S2--5612-----SPY Pivot 572----R1--580----S1--567----ES Pivot 5733----VIX Pivot 24.34 !!LOL!!

SP 500 ****TOP*****









the QQQs look about the same or WORSE

SPX Current Falling Channel Upper T/l Approx 5814 ---Channel duration 13 Days----ways to go yet for B/O at 5814 ??

Charts: 50% FIB 5664----Base ---8/13---(5119)-----LOD 5666------Good bounce! ( 573C .64--4.31)-----See if She Can Hold ???

Hardly a flesh wound at this point if you pan out 5 years. VIX looking more pre 2015 now. Thanks:)

Let the market decide ?




Couple hours ago ; (pre PPT)












YEST RE Crypto HODLers

lol there they are 
What's that chart forecast?

No PPT.......ha-ha man ;
Were you KIDDING ?

No ppt?
I would think Vix would be higher than it is right now?

Okay I see a doji and a falling star candle 

The options market is wild right now and mm's are shaking the tree every chance they get.

Eastern time

Yes and now look at the 9:55 & 10:00 candles

Okay so your talking about the big red candle engulfing the green candle at 11:35 am central time?

Yesterday's tape showed the trigger at the 11:30 & 11:35 candles. 

Yea, it's like the news is calling this a massive sell off. All you have to do is pan back on a 5 year chart of spy, and say what sell off?? lol 
This is nothing.....GFC had some great intraday swing plays;)

Makes sense.





Figures.....



Now what ?



.