A big breakout move in the stock market, is very near.
The S+P 500 DAILY CHART shows the "indecision triangle"
( Shown here, along with RSI Indicator)" tightening" ,
preparing you in advance that it's coming.
And it is backed up by the 50 and 200 Day Moving Average's
on the S+P 500, "tightening" into a smaller and smaller" triangle price band"... as well.
The Fed Meets Feb.1, to announce their latest decision on interest rates,
and the stock market is trying to position itself to be on the right side of that decision.
Be careful here,... as market volatility will certainly increase
substantially, as that date and decision draws increasingly near.
Remember, a big breakout move in the market is near....
SPX Last 3272.60
THE_UNWIND
1/21/23
Woods Of Connecticut
The S+P 500 DAILY CHART shows the "indecision triangle"
( Shown here, along with RSI Indicator)" tightening" ,
preparing you in advance that it's coming.
And it is backed up by the 50 and 200 Day Moving Average's
on the S+P 500, "tightening" into a smaller and smaller" triangle price band"... as well.
The Fed Meets Feb.1, to announce their latest decision on interest rates,
and the stock market is trying to position itself to be on the right side of that decision.
Be careful here,... as market volatility will certainly increase
substantially, as that date and decision draws increasingly near.
Remember, a big breakout move in the market is near....
SPX Last 3272.60
THE_UNWIND
1/21/23
Woods Of Connecticut
Comment:
Monday January 23.2023 Noon EDT UPDATE
1.BREAKOUT ACHIEVED !
2.BULLISH SHORT TERM TREND NOW IN EFFECT
3. ABOVE 200 DAY MOVING AVERAGE AT SPX 3966,..AND RISING
NOTE !............
STOP+REVERSE POSITION TO "SHORT"
ON ANY PRICE REVERSAL BACK BELOW THE 4015.39, JAN.17,2023 HIGH
TECHNICAL CHART ANALYSIS ONLY ..NOT TRADING ADVISE !
SPX LAST
12 NOON OPEN 4028.39
THE_UNWIND
1/23/22
Woods of Connecticut
1.BREAKOUT ACHIEVED !
2.BULLISH SHORT TERM TREND NOW IN EFFECT
3. ABOVE 200 DAY MOVING AVERAGE AT SPX 3966,..AND RISING
NOTE !............
STOP+REVERSE POSITION TO "SHORT"
ON ANY PRICE REVERSAL BACK BELOW THE 4015.39, JAN.17,2023 HIGH
TECHNICAL CHART ANALYSIS ONLY ..NOT TRADING ADVISE !
SPX LAST
12 NOON OPEN 4028.39
THE_UNWIND
1/23/22
Woods of Connecticut
Comment:
REVERSE SHORT
BELOW SPX 4015.39 ON A CLOSING BASIS
....NOT INTRA DAY !
NOT TRADING ADVISE
BELOW SPX 4015.39 ON A CLOSING BASIS
....NOT INTRA DAY !
NOT TRADING ADVISE
Comment:
TUESDAY JAN 24,2023 NOON EDT UPDATE
1. NOTE HOW THE MARKET CONTINUES TO CHURN TODAY,
AROUND SPX 4015. IMPORTANT SUPPORT, WITH VIX 20 RESISTANCE.
2. TRADERS ARE NOT AGGRESSIVELY BUYING OR SELLING AWAY FROM 4015
SUPPORT,AS BOTH BUYERS AND SELLERS ARE AT EQUILIBRIUM.
3 . CONTINUE TO MONITOR AND WATCH FOR A POTENTIAL MOVE "AWAY"
FROM 4015, FOR THE BALANCE OF THE DAY.
A DOWNSIDE BREAK BELOW 4000, WOULD POTENTIALLY BE SIGNIFICANT.
NOON EST OPEN 4013. 46
THE_UNWIND
1. NOTE HOW THE MARKET CONTINUES TO CHURN TODAY,
AROUND SPX 4015. IMPORTANT SUPPORT, WITH VIX 20 RESISTANCE.
2. TRADERS ARE NOT AGGRESSIVELY BUYING OR SELLING AWAY FROM 4015
SUPPORT,AS BOTH BUYERS AND SELLERS ARE AT EQUILIBRIUM.
3 . CONTINUE TO MONITOR AND WATCH FOR A POTENTIAL MOVE "AWAY"
FROM 4015, FOR THE BALANCE OF THE DAY.
A DOWNSIDE BREAK BELOW 4000, WOULD POTENTIALLY BE SIGNIFICANT.
NOON EST OPEN 4013. 46
THE_UNWIND
Comment:
WEDNESDAY Jan 25, 2023 NOON EDT UPDATE
1. "TECHNICAL BULL TRAP" EXECUTED, AND PRICE BREAKDOWN
ON FALSE BREAKOUT ABOVE SPX 4015
TO 4039 ON JAN.23, AND JAN 24 THIS WEEK
BEARISH !
2. PRICE BANDS BETWEEN THE 50 DAY AND 200 DAY MOVING AVERAGE
CONTINUE TO TIGHTEN.
3. A "NEW" PRICE BREAKOUT IS NEAR ONCE AGAIN !!
THIS WILL TAKE THE FORM OF AN "UPSIDE REVERSAL BACK ABOVE 4015,
OR ANOTHER EVEN SHARPER PRICE LEG DOWN FROM HERE.
TRADERS SHOULD MONITOR PRICE CLOSELY,
AS THE S+P EITHER MOVES BACK UP AND THRU 4000,
OR BREAKS DOWN BELOW 3950 SUPPORT ===BEARISH !
NOON OPEN 3984.90
THE_UNWIND
UP
IS IN THE CARDS.
1. "TECHNICAL BULL TRAP" EXECUTED, AND PRICE BREAKDOWN
ON FALSE BREAKOUT ABOVE SPX 4015
TO 4039 ON JAN.23, AND JAN 24 THIS WEEK
BEARISH !
2. PRICE BANDS BETWEEN THE 50 DAY AND 200 DAY MOVING AVERAGE
CONTINUE TO TIGHTEN.
3. A "NEW" PRICE BREAKOUT IS NEAR ONCE AGAIN !!
THIS WILL TAKE THE FORM OF AN "UPSIDE REVERSAL BACK ABOVE 4015,
OR ANOTHER EVEN SHARPER PRICE LEG DOWN FROM HERE.
TRADERS SHOULD MONITOR PRICE CLOSELY,
AS THE S+P EITHER MOVES BACK UP AND THRU 4000,
OR BREAKS DOWN BELOW 3950 SUPPORT ===BEARISH !
NOON OPEN 3984.90
THE_UNWIND
UP
IS IN THE CARDS.
Comment:
THURDAY JAN 26,2023 NOON EST UPDATE
1.S+P 500 CONTINUED ITS SHARP REBOUND ADVANCE
FROM 3950 LOW ON JANUARY 25, TO 4050 HIGH THIS MORNING,
A QUICK 100 POINT MOVE RALLYING AGAINST VIX 20 RESISTANCE,
THE IMPORTANT DIFFERENTIAL LINE BETWEEN FEAR + GREED
IN OPTIONS TRADING, A SHORT TERM WIN FOR THE BULLS,
REGAINING 4015 SUPPORT LEVEL.
2.
50 DAY MOVING AVERAGE 3939
200 DAY MOVING AVERAGE 3959,
ARE TIGHTLY COILED WITH COMPRESSION,
SO A CONTINUED SHARP BREAKOUT MOVE IS EXPECTED.
3.
IF THE BREAKOUT IN THE PATTERN OCCURS TO THE UPSIDE,
THERE IS STRONG POTENTIAL FOR A "GOLDEN CROSS" BUY SIGNAL
TO BE RENDERED ,WHICH COULD KEEP THE ADVANCE MOVING TO ..4100.
4. PLEASE NOTE:
STOP + REVERSE SELL SIGNAL ON A MOVE BACK BELOW 4000/ 3950
POTENTIAL REVERSAL "BULL TRAP" ABOVE 4015 CANNOT BE RULED OUT
NOON OPEN 4029.44
THE_UNWIND
1.S+P 500 CONTINUED ITS SHARP REBOUND ADVANCE
FROM 3950 LOW ON JANUARY 25, TO 4050 HIGH THIS MORNING,
A QUICK 100 POINT MOVE RALLYING AGAINST VIX 20 RESISTANCE,
THE IMPORTANT DIFFERENTIAL LINE BETWEEN FEAR + GREED
IN OPTIONS TRADING, A SHORT TERM WIN FOR THE BULLS,
REGAINING 4015 SUPPORT LEVEL.
2.
50 DAY MOVING AVERAGE 3939
200 DAY MOVING AVERAGE 3959,
ARE TIGHTLY COILED WITH COMPRESSION,
SO A CONTINUED SHARP BREAKOUT MOVE IS EXPECTED.
3.
IF THE BREAKOUT IN THE PATTERN OCCURS TO THE UPSIDE,
THERE IS STRONG POTENTIAL FOR A "GOLDEN CROSS" BUY SIGNAL
TO BE RENDERED ,WHICH COULD KEEP THE ADVANCE MOVING TO ..4100.
4. PLEASE NOTE:
STOP + REVERSE SELL SIGNAL ON A MOVE BACK BELOW 4000/ 3950
POTENTIAL REVERSAL "BULL TRAP" ABOVE 4015 CANNOT BE RULED OUT
NOON OPEN 4029.44
THE_UNWIND
Comment:
FRIDAY JAN 27,2023 NOON EST UPDATE
BULLS ARE DRIVING TOWARDS 4100,
CONFIDENT THAT THEY WILL GET THERE.
THIS MORNINGS HIGH AT 4078.77, WAS AMPLE EVIDENCE OF THAT.
THE FINANCIAL DRAMA WILL BE PLAYED OUT,NEXT WEEK FOR REAL
TIMED AROUND THE FEDERAL RESERVE ANNOUNCEMENT
ON INTEREST RATES, NEXT WED FEB.1
LET ME PUT IT TO YOU THIS WAY.
AND PONDER THIS THOUGHT COMPLETELY, OVER THE WEEKEND.
MARKETS RARELY DO WHAT IS EXPECTED.
THEY ALWAYS DO WHAT IS COMPLETELY UNEXPECTED IN THE END
ALWAYS HURTING THE SUPPOSEDLY IN THE KNOW FINANCIAL CROWD
WHO THOUGHT THEY HAD IT NAILED DOWN PAT !
FAIR WARNING. SO DO THINK TWICE.
THE MARKET IS TRYING ITS BEST TO MAKE YOU A BELIEVER.
HAVE A GOOD WEEKEND. I WILL SEE YOU ON MONDAY.
SPX NOON OPEN 4071.56
THE_UNWIND
BULLS ARE DRIVING TOWARDS 4100,
CONFIDENT THAT THEY WILL GET THERE.
THIS MORNINGS HIGH AT 4078.77, WAS AMPLE EVIDENCE OF THAT.
THE FINANCIAL DRAMA WILL BE PLAYED OUT,NEXT WEEK FOR REAL
TIMED AROUND THE FEDERAL RESERVE ANNOUNCEMENT
ON INTEREST RATES, NEXT WED FEB.1
LET ME PUT IT TO YOU THIS WAY.
AND PONDER THIS THOUGHT COMPLETELY, OVER THE WEEKEND.
MARKETS RARELY DO WHAT IS EXPECTED.
THEY ALWAYS DO WHAT IS COMPLETELY UNEXPECTED IN THE END
ALWAYS HURTING THE SUPPOSEDLY IN THE KNOW FINANCIAL CROWD
WHO THOUGHT THEY HAD IT NAILED DOWN PAT !
FAIR WARNING. SO DO THINK TWICE.
THE MARKET IS TRYING ITS BEST TO MAKE YOU A BELIEVER.
HAVE A GOOD WEEKEND. I WILL SEE YOU ON MONDAY.
SPX NOON OPEN 4071.56
THE_UNWIND
Comment:
MONDAY JANUARY 30,2023 NOON EST UPDATE
FOLLOWING THRU ON FRIDAY'S FAILED ATTEMPT AT SPX 4100,
.....A LEVEL THAT HAS PUSHED BACK ADVANCES REPEATEDLY....
THE MARKET GAPPED DOWN THIS MORNING OPENING AT 4049,
AND CONTINUING TO SELL OFF.
WHEN CONSENSUS BUILDS THAT PRICE IS" DESTINED
" LIKE S+P 4100,
A MAJORITY WILL ATTEMPT TO BUY THE MARKET PRIOR...
IN ORDER TO BE IN PLACE
FOR THE EXPECTED BREAkOUT ABOVE 4100.
OFTEN, AS WE HAVE SEEN IN THIS LATEST RALLY FAILURE
SELLERS ARE WAITING IN LINE TOO.....
CONTINUE TO WATCH VERY IMPORTANT BREAKOUT SUPPORT
AT SPX 4015 CLOSE.
NOTE: PAY ATTENTION
A FAILURE TO HOLD 4015, JANUARY 17 HIGH,
....PRE_FED MEETING COULD BE A "BEARISH OMEN",
A CERTAIN FLY IN THE OINTMENT.
SHORT TERM CONFIRMATION "
OF A " RALLY FAILURE TOP" AT 4094.21, FRIDAY'SHIGH.
NOON OPEN :4044.15
THE_UNWIND
FOLLOWING THRU ON FRIDAY'S FAILED ATTEMPT AT SPX 4100,
.....A LEVEL THAT HAS PUSHED BACK ADVANCES REPEATEDLY....
THE MARKET GAPPED DOWN THIS MORNING OPENING AT 4049,
AND CONTINUING TO SELL OFF.
WHEN CONSENSUS BUILDS THAT PRICE IS" DESTINED
" LIKE S+P 4100,
A MAJORITY WILL ATTEMPT TO BUY THE MARKET PRIOR...
IN ORDER TO BE IN PLACE
FOR THE EXPECTED BREAkOUT ABOVE 4100.
OFTEN, AS WE HAVE SEEN IN THIS LATEST RALLY FAILURE
SELLERS ARE WAITING IN LINE TOO.....
CONTINUE TO WATCH VERY IMPORTANT BREAKOUT SUPPORT
AT SPX 4015 CLOSE.
NOTE: PAY ATTENTION
A FAILURE TO HOLD 4015, JANUARY 17 HIGH,
....PRE_FED MEETING COULD BE A "BEARISH OMEN",
A CERTAIN FLY IN THE OINTMENT.
SHORT TERM CONFIRMATION "
OF A " RALLY FAILURE TOP" AT 4094.21, FRIDAY'SHIGH.
NOON OPEN :4044.15
THE_UNWIND
SPX Last 3972.60