thursday options expiry, page-2

LOL JD even I had trouble understanding that post ya crazy bugga!

Take it easy today mate... nuff said on that.

Looking at the hourly spx500 chart...



First off... the hourly histograms bracketed by the mavs on the macd and the following bracketed bar is higher... this suggests price is gonna go up some more.

Also note the quite higher low on the MACD mavs when the "double bottom" occurred before open on spx500 last night...

This is suggesting to me that we are goiing to revist levels aoround the previous highs...

But as you say, option expiry so wild moves to be expected.


Good luck mate and safe trading all.

;)