the_sunship

Storming of the Bastille - DXY SPX500 USOIL BTC GOLD

Short
the_sunship Updated   
AMEX:SPY   SPDR S&P 500 ETF TRUST
All in the video. 3700 area is first interest, but if it melts down watch the gap on spy at around 367 area.
Comment:
SPY now under the previous lows - stops may start getting hit and it melts down or it could be a bear trap, be careful.
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FIB targets lining up with structural targets 3710 would be first support, but it could go much lower. It could bounce up to 3750+ first, but likely sold into as buyers from above will want to get out.
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daily BB now getting hit near 3710 support.
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lightening up on shorts, could be early, but the daily BB and fibs are compelling here. Not going long yet.
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IF spy keep selling to next fib it will fill that gap. Certainly possible
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SPY struggling with fib line - over 374 may be a sign for bulls. Otherwise, more downside likely.
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Market is showing bullish signs, over the last high and I believe the correction is finished.
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QQQ at downtrend resistance, a break above gives more juice to bulls.
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Looks very bullish but I don't like AAPL here, I'm staying hedged.
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.382 fib hit from the top of the recent move down, stopped there, could be a turn, I don't know. Again, staying hedged in case this all falls apart tomorrow. I still don't like AAPL.
Comment:
qqq rejection from important fib zone (so far)
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they are struggling with this trendline, above is bullish but rejection is bearish. 830 more economic data
Comment:
so far so good, we're at the median line for the daily Bollinger band, which is a resistance area. watching the open.

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