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today will be looking for a impulse move to either up side or down side that takes us above or below the over/under lines. if above will look to target 2858 and if below the under will target 2810. the entries will depend on how the market moves to these locations.

4H CHART EXPLANATION: Main Items we Observe on the Chart: -Price broke out the bearish channel, starting a bullish movement. -Currently, the price is inside a corrective structure and is trying to break out with low volume. -The las support of the price is the middle trendline of the weekly ascending channel. Based on this if the price breaks out below 2834.0...

Zoomed out daily -

On today’s post, we are going to have a look over the last 16 days when the SP500 started a bearish movement. going from 2961,5 to 2799.0 (-5,44%) - We can see that the bearish channel that works as the main trend was broken yesterday starting a corrective structure that now is facing a major resistance zone - That zone is composed by the previous ascending...

At time of this post we are above the over line so looking for a open move down to be bought back up, unless we get a impulse down. The down move I do not expect it to be a gap close maybe only 5 to 10 points before bounce. Will be looking for buying spots on the turn, and if we do not turn will look to sell

Bear breakout of TSLA, but increased and climactic selling last week and gap down this week. Likely a sell vacuum test of the $180 low. The $240 gap above will likely get filled over the next few weeks to months. The bears need a strong breakout below 180 and 140. Otherwise bears will start to take profits and bulls will re-establish long positions. What...

Neutral Call - Feels like a choppy week. A short trade possible if we get to the $2911 Gravity Point.

Today we are over night in a big range but basically in the same chop zone as yesterday. Today the chop zone will mark the break out zone to the top side but not the bottom side, trading to the bottom break zone will give a nice big trading range so will be looking for bounces in that area, and strong shorts below. This news driven market could take on a up...

over night had a good sized down move then went into balance, so the direction the day takes will be found if one of the over/under lines gets taken out. The lines above are the up side targets and the Lines below are the down side targets. If all we get is between over/under will be a very choppy day

Today is simple between over and under line look for back and forth chop. and if move up first target is 2876 and move below look for 2833

We've pulled back quite a lot...tons of bad news has come out...we entered oversold territory and we're now consolidating for a move up. Across the market are long entries with great R/R profiles. Indices are finding support on 200 MAs, volume nodes, cloud tops, etc and now the market no longer cares about the bad news. When bad news is good news...shorts better...

Today we look to want a down move, so on open will see if we get a move up for a bit of balance or a opening impulse down move. depends on this ope will be how I play the trade. the down side target for SPX is 2822 if not further, and in the event we hang out very long above 2856 then will look for upper targets of 68 and 76. How i play the bounce or the...

over night down moved to a support area if a balanced way so no real opening direction to burn off. so will be looking at my over under areas the same as yesterday and in between those lines will be chop zone. Moving above the over line 2900 is a good target and below the under line 30-32 is acceptable but for a Friday both these targets might be a bit too...

today would think on open a move down in between the over under lines and then 2 possible ideas, 1) a move back up to go try and find some open gaps above. and 2nd a move below 51(spx) to look for the lower marked areas.

USA vs China -Trade War between those two country’s has shown how the markets react on a Negative way to this kind of events. -Since May 1, Sp500 futures have been falling 5% from Historical Higher highs due to conflicts with China, however, China Index has been on a bearish movement since 17th of April accumulating a bearish move of -10,21%, more than twice...

with the premarket drop I would think we open with a shortable bounce, maybe up to the 2827 area, and then we should test the resent lows and possibly below. a bounce above the 27 area we then likely see yesterdays high again. will watch how things open and then look for trades after the open reaction takes place.

The Emini reversed down from a failed breakout of the all time high, and nested wedge reversal. There are trapped bulls who bought the May 3rd high who want out. Most bulls used the new high to take profits as the market is likely to transition into a trading range over the next few months or even years. However this does not mean the bulls will not get another...

today will be watching the 2833 and the 2800 areas, using about a 2 point thick line, between these line would be trading the back and forth. Above will look long and below short. Contact me for more details as the day progresses