WallStScalper

Outlines.... of what to come for the SP500

SP:SPX   S&P 500 Index
2518 42 33
The way I see it... days are numbered.

(I see a top primo april combined with a phi mate date and Bradley model top. See this link or look it up): http://www.safehaven.com/article/4602/fibonacci-phi-mate-turn-dates-forecasting-tops-and-bottoms

Will tank after a dead cat bounce in march 2016

See my other charts for info... this is just a updated chart of my chart: Dilemma.... This could be what's in store

I'm not playing the SP             until we have seen another ATH             at 2138. Then I'll be short - like a bear just woken up from hibernation.

Safe trading ladies and gents!
@BLawrenceM

Music at work:
https://www.youtube.com/watch?v=03O2yKUgrKw
http://open.spotify.com/track/3yvY3DcwiX8oOxKRz4bLLj

If you find my charts useful - consider following me on Twitter.
I do updates there on my TV-published charts and annonces quick scalp plays all day long.
Just want to send you an appreciation - 10 months after you make this - yes about a month late, but we are getting there :)
SP Tanking - 1575 Lawrence?
Reply
Couldn't help myself had to answer Fibonacci Queen: https://pbs.twimg.com/media/CBd3dz6VEAAhpML.png:large
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IvanLabrie WallStScalper
Fibonacci queen haha...
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Well she's a slow starter but she is catching up :)
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Couldn't help myself. Had to answer Fibonacci Queen with this Tweet: https://pbs.twimg.com/media/CBd1x-2UkAAABMB.png:large
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Which is the better play next three months, US Oil USO calls or SPX puts?
Reply
WallStScalper QuantitativeExhaustion
Oil might provide a good opportunity next week on a rally.. I see a rally coming after hitting the 88,6 retrace (See chart). Technically speaking, if $47 holds or even $44 (dbl bottom), we will see a rally to $60. I also see the SP in the 2nd Q being in a sell off mode. Why not play on 2 horses? A rally in oil though will also strengthen oil stocks that have been beaten down... could help the SP stay afloat until the SP has finished its bull run for good. So I'll play oil first... buying UWTI on strength (Can't play options) and the shorting the SP next.
+1 Reply
WallStScalper WallStScalper
The 88,6 retrace done:
+1 Reply
jangseohee WallStScalper
Lawrence if oil is going 34, i will meet you there
but 39.9 is very important support
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More clues might be found in US Dollar
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