Market thoughts for Nov 30

Back from NYC

Sold my SPY puts this morning to pay for the trip but still have positions in inverse ETF's for IT trades. These position were put on last Monday when the expected gap up triggered my limit orders

Market thoughts for Nov 23-27

I will be in NYC next week celebrating with Atilla the last day before the beginning of THE END.

So, do feel free to share your market thoughts here in my absence and happy holiday to all of you here in the U.S.A.

Market thoughts for Nov 20

After an early morning weakness, we should see a rally in the second half of the day

Market thoughts for Nov 19

ES is closing this past Monday's gap this morning. We should see support at 1085-1090 area.

Market thoughts for Nov 18

Probably a flat to a small down day today with an ES range of 1100-1112

Market thoughts for Nov 17

The dollar is adding pressure on the market this morning, but ES should find support around 1100-1102 area

Market thoughts for Nov 16

After the gap up this morning, the market should trade sideway the rest of the day

Market thoughts for Nov 13

Expecting an early morning weakness and a recovery toward the end of the day

Market thoughts for Nov 12

Probably another narrow range day like yesterday

Market thoughts for Nov 11

The minor consolidation that I talked about yesterday only lasted for a day, up up and away we go.

BTW, keep an eye on the profile picture. So far, OBG's El Toro and Swinger's S&T are both on the right side of the trends ......... :-)

Market thoughts for Nov 10

Expecting a minor consolidation for a day or two to correct the current overbought condition after bouncing off the S&T's IT Primary Trend support last week.

Market thoughts for Nov 9

Market jumped the creek this morning over critical resistance. Keep an eye on S&T's next ST target as the next resistance level.

Market thoughts for Nov 6

ES was rejected at resistance area in the AH as noted by Swinger and MACT yesterday and this morning rebounding at Swinger's ST Primary Trend Line. WTG guys

Market thoughts for Nov 5

Expecting another attempt to test Swinger's S&T ST Primary Trend level. My humble guess is this level will be taken out either today or tomorrow.

Market thoughts for Nov 4

Market continues to rally today..............next target should be Swinger's ST Primary Trend level

Market thoughts for Nov 3

Market should continues to rally today after the early morning weakness

Market thoughts for Nov 2

Expecting the oversold rally to start today