Folks: A) Wrap up I was bullish coming into the session today as the open was above 4553. We opened about 70 handles off my 4525 from yesterday where I pretty much got bullish while a lot of FinTwit was awaiting death of S&P500 which never came . At time of this post, S&P500 Emini is trading 4635. Full 110 handles off my lows.
Tic when it will be very difficult and everything will be against you (at the bottom of the market in 2023) Be even stronger and bring the truth to the world
On your note "Emini prices can be easily translated to SPY prices by dividing by 10.01. SPX translation differs though out the contract life and can be easily had from any broker. At most times it trades 5-10 point premium or discounts to the future price of the most forward month."
Are you referring to the March contract for emini? Thanks!
You're a magician! Worth 100X the membership fee :)
Could you please elaborate in one of your posts how you come up with the key daily levels? For example why is 4611 so important today? It would be extremely helpful.
I actually divide by 10 and use these levels for swing SPY options but finally moving up to futures over the holidays
Tic when it will be very difficult and everything will be against you (at the bottom of the market in 2023) Be even stronger and bring the truth to the world
Hi Tic,
On your note "Emini prices can be easily translated to SPY prices by dividing by 10.01. SPX translation differs though out the contract life and can be easily had from any broker. At most times it trades 5-10 point premium or discounts to the future price of the most forward month."
Are you referring to the March contract for emini? Thanks!
You're a magician! Worth 100X the membership fee :)
Could you please elaborate in one of your posts how you come up with the key daily levels? For example why is 4611 so important today? It would be extremely helpful.
Thank you!
Thanks Master Tic!
What's your thoughts on Arkk?
#5 hidden alpha ❤️
Thank you, Tic.
Thank you Tic
Thank you 🙏 Tic
Thots on $Z