End of Days

Month and Quarter End

We expected volatility again today and we got it.

The high odds half gap and (almost) gap trade played out, then it was make a dash for the exits if you were Big Boyz with FAT profits short for the month.

A whopping 221.25 point month that we gave edge to longs by the end of day for a bounce.

When the market makes the slingshot move, no one knows exactly when and where it will end.

DT4$TV traders have 22 videos to review today’s ideas.

We expected time and Price to dictate the sell at the end of day since we never had a contra after IB low was made.

42 was Initial target zone, and the squeeze was maintained when 26.75 wouldn’t crack. The high odds 54 zone was also available for runners, as was the 57.5 to 60 as posted.

Learn the aquduct trade, it’s a beauty.

zOOm

09:28:23 From Dennis Parmelee : good morning
09:28:30 From Dan F : gm
09:28:36 From Mike : morning
09:29:56 From Mike : good
09:29:59 From Tim : y
09:38:19 From Dennis Parmelee : 12.75 half gap
09:50:11 From Dennis Parmelee : bingo
09:51:33 From Dennis Parmelee : yeehaa at 12.75
09:56:14 From Dennis Parmelee : 18/22 as key resistance now
09:56:22 From Dennis Parmelee : 21 overnight high
10:02:31 From Dennis Parmelee : 9.75 day opened
10:02:36 From Dennis Parmelee : call it ten
10:02:56 From Dennis Parmelee : risk and reward the prob for last 2 points
10:28:43 From Dennis Parmelee : conservative expectations
10:28:49 From Dennis Parmelee : not thinking one way short
10:28:59 From Dennis Parmelee : so far we have wac a mole
10:29:03 From Dennis Parmelee : hh and hl
10:36:15 From Dennis Parmelee : paid by 18/ 22 if long side
10:36:22 From Dennis Parmelee : 12 support idea
10:37:03 From Dennis Parmelee : and i think we get a few chopy moves before another breakout attempt
10:48:48 From Dennis Parmelee : 29 to 31 potential next resistance
10:53:11 From Dennis Parmelee : t1 30.75 hit
10:56:10 From Zeek Snodgrass : For today, it is a guess, higher in the morning and selling during lunch and the afternoo
10:56:26 From Zeek Snodgrass : I posted that this morning
10:58:32 From Dennis Parmelee : i think 35 gets tested
10:58:44 From Dennis Parmelee : knock out the high from yest
11:03:09 From Dennis Parmelee : 38 to 41 pfs
11:03:44 From Dennis Parmelee : 2 point stop if shorting
11:03:55 From Dennis Parmelee : pfs by 38 /41
11:03:59 From Dennis Parmelee : if long on trailer
11:04:47 From Dennis Parmelee : 33.75 so 31 agg support
11:11:37 From Dennis Parmelee : all primary targets are hit at 41
11:11:51 From Dennis Parmelee : 42/46 as agg resist now
11:14:59 From Dennis Parmelee : kick save by longs
11:23:05 From Dennis Parmelee : shorts paid by 31
11:25:49 From Zeek Snodgrass : lunch bbl
11:31:41 From Dennis Parmelee : and 26.75 next support target
11:32:07 From Dennis Parmelee : now using xxx
11:32:29 From Dennis Parmelee :
11:32:35 From Dennis Parmelee :
11:41:51 From Dennis Parmelee :
11:52:38 From Mike : ok ty e
11:52:43 From Tim : thanks E, great stuff
11:54:17 From Dennis Parmelee : re open by 1
11:54:36 From Dennis Parmelee :
11:54:44 From Dennis Parmelee :

=================

13:04:37 From Dennis Parmelee : still lunch, booting up for those who are around
13:08:22 From Dennis Parmelee : still in box
13:16:37 From Dennis Parmelee : piano keys say lunch chop
13:17:01 From Dennis Parmelee : 10 rth defines rnge 48/ 25
13:25:16 From Dennis Parmelee : currently shorts still in squeeze mode
13:25:51 From Dennis Parmelee : must undo the 22 then 16
13:34:25 From Dennis Parmelee : pfs 36.75 and above good fortune
13:42:01 From Dennis Parmelee : higher lows = squeeze higher until broken
13:43:11 From Zeek Snodgrass : back
13:48:53 From Zeek Snodgrass : 2650 is next resistance
13:49:00 From Zeek Snodgrass : 2654 is daily T1
13:49:11 From Zeek Snodgrass : 2650.5 is globex T2
13:49:37 From Zeek Snodgrass : xxx
13:49:49 From Zeek Snodgrass : I am not betting on it, but that has been our daily pattern
13:55:05 From Dennis Parmelee : paid for sure 45/47
13:55:15 From Dennis Parmelee : if long
13:55:23 From Dennis Parmelee : getting to afternoon session
13:55:33 From Dennis Parmelee : and some day trade longs my want profits
13:55:45 From Dennis Parmelee : need to undo 27 now
13:56:08 From Dennis Parmelee : keep eye on russia news
14:12:19 From Dennis Parmelee : pfs by 2652
14:17:50 From Dennis Parmelee : using 52 resistance, that breaks looking at any high including 57/60
14:21:48 From Dennis Parmelee : t1 daily is 54.25
14:24:47 From Dennis Parmelee : retest is 42 to 40
14:31:43 From Dennis Parmelee : no more longs recommended
14:31:47 From Dennis Parmelee : i may be wrong
14:31:57 From Dennis Parmelee : but up 50
14:32:03 From Dennis Parmelee : and up up up
14:32:17 From Dennis Parmelee : i think need to be thinking cover longs
14:32:37 From Dennis Parmelee : nearing the 52/54 resistance
14:32:45 From Dennis Parmelee : so odds may start to change
14:33:02 From Dennis Parmelee : and that doesnt mean can short short short eyes closed
14:33:21 From Dennis Parmelee : just means be protective of profits if long
14:34:04 From Dennis Parmelee : if u have trailer with stop, fine
14:34:16 From Dennis Parmelee : but i wouldnt initiate any new longs here
14:34:42 From Dennis Parmelee : xxx
14:37:35 From Zeek Snodgrass : timing for short is after xxx with hard stop
14:39:53 From Zeek Snodgrass : I think carrying long past 2:45 has increased risk
14:39:58 From Zeek Snodgrass : best to take money and run
14:40:10 From Zeek Snodgrass : last hour is end of month programs
14:41:17 From Zeek Snodgrass : xxx
14:42:46 From Dennis Parmelee : leaving chips on the table is part of the game
14:43:00 From Dennis Parmelee : 37 aggressive support now
14:50:05 From Zeek Snodgrass : 59.25 is xxx target
14:50:22 From Dennis Parmelee : doubt we break 57.5 to 60
14:51:43 From Dennis Parmelee : xx i thought possible
14:52:58 From Dennis Parmelee : xxx
14:53:25 From Dennis Parmelee : bottom of pipe 60
14:53:35 From Dennis Parmelee : xxx
14:54:00 From Dan F : I’m calling it a day. thx E and have a great weekend guys
14:56:50 From Dennis Parmelee : ok dan thankk u
15:00:13 From Zeek Snodgrass : bbl
15:01:56 From Dennis Parmelee : ok
15:02:00 From Dennis Parmelee : 7:25 E today could be stupid move like chop all day then afternoon mirror last Friday move He is Risen type thing DT4$TV got the direction right. need some EOD profit taking. only traders with profits willing to risk should try EOD contra
15:11:56 From Dennis Parmelee : left chips on table? no worries
15:12:13 From Dennis Parmelee : squeeze is for 60/62 test
15:12:38 From Dennis Parmelee : xxx
15:13:00 From Dennis Parmelee : just the warriors zeek and E here
15:13:25 From Dennis Parmelee : at 60 just zeek
15:15:20 From Dennis Parmelee : 2:50 zeek 59.25 is xxx
15:15:25 From Dennis Parmelee : bingo
15:15:37 From Dennis Parmelee : wtg zeek
15:20:20 From Dennis Parmelee : nice weekend to all
15:20:35 From Dennis Parmelee : i will do last review end of market
15:21:11 From Dennis Parmelee : xxx
15:24:40 From Dennis Parmelee : bye all
15:24:57 From Dennis Parmelee : wont pb as far as shorts want i dont beliee
15:29:58 From Dennis Parmelee : 45/42 payday if short and end on yeehaa
15:30:15 From Dennis Parmelee : xxx
15:31:05 From Dennis Parmelee : xx 37.5
15:31:19 From Dennis Parmelee : support
15:31:26 From Dennis Parmelee : bye