My weekend update is a day early, I will update those who are on my list with a bit more details on shorter time frame view tomorrow. We are in a bear market and those 5500 callers got destroyed all the way down calling every bottom from Jan. This is my long term view and I think we have bottomed here today or super close to it! I got targets for the potential...
Does look like a gap up tomorrow to my eyes. I got some lotto calls for tomorrow/Fri Support 3775SPX Overnight support ES 3770-80 and 3745 Main resistance is 3885SPX and one more at 3855SPX Im mostly bullish, will add if we get another weakness tomorrow am. Might update the chart with more info later on
Today we're here to talk about the SPX 500 index Today: The index is trading at 3735 and in the last trading session we saw a movement to the target zone of 3700. Here is a link to the idea. However I believe the market has not reached its bottom yet. Sales are still possible on the market. Today we are waiting: Today we are waiting for an attempt to move...
One more calculated target for the potential low of this move is 3696.50 Im expecting a run up after the FED back to 3975 or so and make another low to 3665-68 or 3696.50, it might make a higher low, but the pathway is the same. Then summer rally after the July 4th weekend
Today we're here to talk about the SPX 500 index Today: The index is trading at 3750 and in the last trading session we saw the sharp drop that I mentioned earlier here is the link to the idea. Now the market is undergoing a period of stabilization, but there will still be sales ahead of the market. Today we are waiting: Today we are waiting for an...
3855 3805 3789.50 3749.50 3694.00 This is getting close to a capitulation move. Closing at the lows will get us lower open, ideally we get up off the ground into the close. Its time to start scaling in with longs with potential move down to 3665 and even 3555 The move up in summer will be at least back to 4300 to ideal 4425SPX
Today we're here to talk about the SPX 500 index Today: The index is trading at 3900 and in the last trading session we saw a sharp drop from the local maximum. Here's the link I mentioned earlier. Now is the worst time to buy in the market. The market is in for a huge sale. Today we are waiting: Today we are waiting for an attempt to move to the level of...
Im not an EWT expert but this looks to me like completing the 5th down or the C wave of the bigger A wave down! THIS IS THE BEAR MARKET!!! 6th month and rolling now. All those 5500 coo-laid smokers were destroyed 6 months straight! Typically the bear market is lasting 2 years, I expect the maj low in Q1 next year. Its 6th onth now, so this move down should follow...
Well we blow all of the supports I was looking to hold. I got also stopped on my NQ short at 12330Jun right before the move. ES was short but covered at 54. Im seating on my hands and looking for 3885-89SPX to hit to go long. We should bottom before the FED next week and rally hard to 4300 into July 4th, maybe even 4425SPX 4215SPX will the be the main target on...
The index is moving within the forecast, we saw a pullback from the 3850-3920 zone. We tested the previous strong support level, which became a strong resistance of 4120-4200, then we saw a flat at the level. Globally, I expect the markets to fall further, both fundamental and technical factors indicate a continuation of the fall. We will soon find out new data on...
Breakdown in price with corresponding higher volatility. Good chance of trending market to the downside.
Im long here, tight stop, next long will be at 77 and 62 respectively. The bulls are running out of time to push higher, the max Im expecting is 4215 or so test as a fakeout move and then a full retracement down to 3885. Hard market to trade, unless you trade the range, which is not easy as well. Probably will stay in one till the DEF meeting
As we look to further Short zones we can hold OFF on the bullish price action. We are approaching our KEY 100 MA and also The top of a price channel. This short is likely to be for those who are Swings/intraday. This does NOT mean buy now, it means wait to sell. Trade lightly and incorporate DCA.
HEy tradomaniacs, looks like SPX500 is about to fall due to the last overshoot and breakout - retest scenario. Yesterday we`ve seen news about the liquidity which hasnt been that low for a long time, means we can expect more big moves to the up and downside. The market will wait for upcoming news before we get more volume and eventually less volatility....
SPX500 SHORT off the Top of Channel SPX is about 20pts away from the Top of The Channel... I will be looking to Play the Trend Continuation to the Downside for a 4075 Target Sell Limit will be placed at 4153 Entry Range will be the imbalance area 4147-4157
So far so good from the other day update. We should test 4090SPX at the open with ideal test of 4077 and 4062SPX and hold today. Holding 4060-75SPX level will produce a good support for a move up to 4215-25SPX and ideally all the way to 4300. After the next high this week or early next, will set us up for a move down to 3885SPX test! Only after 3885SPX tested,...
Those gaps will be filled, Im looking for all the 3 below to fill sooner then later
SPX is simple here, short 4165-80 Zone, buy low 3900 for the move up to 4300! Im looking for a bottom early in a week, ideally by Tuesday and move up to at east 4215SPX and ideally to 4300 before a test of 3885-90SPX On the other hand we could see 3885-90SPX next week or pre-Fed and move up to 4300+ into early July high Buy zone for tomorrow with stops! -...