Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Re: Indices/ 7-10
In Response To: Re: Indices/ CK ()

yea, 7-10 outta half position when we talked last and holding the other half as of now. Yea its been nuts. (count still is in tact but wouldnt mind seein a turn around tues) definately set up for one ) I almost hedged yesterday but didnt pull the trigger.

Spx looks to be finishing up the extended c wave of a double zig zag. a push below 1392 will invalidate the w4 on the daily.
- on 60 min looks like a 3 of 5 on the gap down this mrng. looking for the 4 then the final 5 down to complete the zig zag. Possible truncation of the 5th may end up happening.
need that 4th though to stop the 3 down. 1410-1412 in spx is the 1.618 of w1 on the 60 min

Nat gas still long will be adding @ 375 basis jan if It can get there.

Oh yea buy FB zig zag complete for w2 should start the ascent to 27.50 -28.00 1st obj

What you trading these days? you get short ?

CK