Kumowizard
Short

Looks bullish? I also see signs of weakness

FX:SPX500   S&P 500 index of US listed shares
275 4 13
Daily:
Impressive spike from Tenkan Sen and wedge bottom, one could say, but where is:
- The higher high?
- The momentum? -> haDelta and haOscillator turned higher, but neither of them shows really strong bullish momentum . EWO tells same strory, it still shows bearish divergence

Kijun is also flat. Wedge is still in play.

4H:
Looks bullish? Hmmm, would you be the next marginal buyer here?
There is no trend without a higher high.
haDelta warning! The stop hunter Algo-rythm may change to test 2180 again.

I think it was a Bull trap. However, would be counter bearish only below 2175-2180 key support.


Please check my other post shown only on Twitter about VIX             futures daily MACD positive divergence!
2use
5 months ago
what a day - any update on this?
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Kumowizard PRO 2use
5 months ago
Please follow my on Twitter! There I give more often live updates, e.g. yesterday I did on $NQ. Here only when I have time...
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Kumowizard PRO 2use
5 months ago
For now as you see 2170-75 horizontal resistance stopped selling precisely. I covered 1/4 of bearish position yesterday, actually I cut $NQ exposure. But I also have quite some VXU6 long, and Put spread on $ES.
The structure is going increasingly bearish biased an all 3 time frames (weekly, daily, 4H)

2170 is still the key!!! if thats gone, we'll see the ratrcement to 2105-2120
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2use Kumowizard
4 months ago
we are close
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