JB7oh2

JB7oh2

Expecting a pull back 7/5/22 looks like we are overbought and the Fibonacci has done 2 extensions. Also a lot of hungover traders tomorrow volume should be low. Trade what’s in front of you, good luck

JB7oh2

A coworker of mine asked what happens after a 3 day weekend do market go up or down? Well last 4th of July SPY closed -0.18 doesn’t mean it will happen again of course. For fun I looked up the last year and the answer is we close red 60% of the time. If you guys and gals have any requests for charts leave a comment below would be happy to help. Be safe out there...

JB7oh2

We hit the 50% and rejected down the 28% showing a lot of resistance at 377 I think July we range between 385 & 350 good luck out there trade what’s in front of you

JB7oh2

Everyone is super bearish for tomorrow but I think we bounce off the .382 head up a little. The gdp numbers are just a revision of the first numbers that came out everyone is waiting on 2 negatives so we can confirm a recession but like everything in the market it’s all hindsight we are in one right now. In the meantime trade what’s in front of you good luck

JB7oh2

Tried my best to figure out the ups and downs of the market rallies came up with +7.14% -8.26% average respectively hope this helps good luck out there todays trend day got me good

JB7oh2

Broke the 50% retracement looking for puts tomorrow we are well below the 200 day ma. Such low volume lately it can swing quickly be careful. Levels on fibs are credited to TRADINGWARZ check him out on YouTube dude has a lot of great ideas on how to use and place fibs

JB7oh2

Thinking we hit 349 end of July beginning of August, 200 day moving average sitting on the 50% Fibonacci. For a quick rally to 406 then loading up on PUTS