$SPX STOPPED COLD #SPX Weekly some hope but that can take time
$VIX in middle of range with slight +bias IMO #VIX resolves in 23 Long term, monthly, it kinda looks like it can resolved as it did in the shaded areas, again, likely 2023 One last hurrah #stocks #options
Sorry for not posting but tend to copy paste data to here and been very busy $SPX had ACCUMULATION, last day was 11/30 **************Yesterday was 1st sign of DISTRIBUTION************** #SPX weekly shows LONG TREND in tact & BULL moving avg crossover, for now at least $VIX #VIX no longer coinciding with IN-TER-EST-ING
Ideal pathway for tomorrow is either gap down or sell after the open to mark new lows in low 3900SPX (3896-3908), then a strong reversal into Fri open Im watching two levels for tomorrow on the upside: - 3965-70SPX - 4000SPX Holding 4k will be important, as it will be a text book test of the broken down bull trend to confirm that the price has marked the top and...
SPXS heading for a breakout with 6hr bull cross on cloud
2/2 $VIX is breaking pattern BUT #VIX HUGE support @ white line, since 2018 $SPX nice rally from lows Reduced MORE LONGS - Cash is min 20-55% now #SPX STILL in UP TREND Never broke 50 RSI monthly LOOK @ VOLUME Rallies used to reduce exposure? $SPY #stocks $SPXS $SPXL
1/2 $VIX is breaking pattern BUT #VIX HUGE support @ white line, since 2018 $SPX nice rally from lows Reduced MORE LONGS - Cash is min 20-55% now #SPX STILL in UP TREND Never broke 50 RSI monthly LOOK @ VOLUME Rallies used to reduce exposure? $SPY #stocks $SPXS $SPXL
#SPX 500 Completed the Impulsive Waves " 12345 " and Corrective Wave " AB " and Forming its " C " Corrective wave in a ELLIOT Triple Wave Combo Pattern It will Follow the Sell Trend if it Rejects from the Fibonacci Level - 78.60% ( 4148.08 ) Selling Divergence in LTF Rising Wedge need Rejection from the UTL
SPXS potential breakout to upside as macro conditions worsen. Peak expected in early February.
AS shown on the chart, the recent head and shoulders pattern, the immediate double top as well as the Point of Control black line on the volume profile all form heavy resistance to any uptrend. The RSI has dropped below 50. All in all, a bearish bias. I will trade this with put options with a strike of $286 with two days of expiration time.
WARNING $VIX forming positive divergence $SPX forms Shooting Star 🚨🚨🚨$DJI 2nd warning in 2 days🚨🚨🚨 Shooting Stars tend to happen after large runs Tend 2b BEARISH Keep in mind that this was after Friday's Hanging Man pattern!!!
🚨🚨🚨$DJI 2nd warning in 2 days🚨🚨🚨 Shooting Stars tend to happen after large runs Tend 2b BEARISH Keep in mind that this was after Friday's Hanging Man pattern!!! WARNING $VIX forming positive divergence $SPX also forms Shooting Star
Technical Analysis Chart Update SPX 500 Time Frame - H1 According to the Long Time Frame #LTF we have ELLIOT WAVES and it has completed the Impulsive Waves " 12345 " and " A " Corrective wave It is also Following " BEARISH CHANNEL " in Long Time Frame #LTF In Short Time Frame #STF it is Following " RISING WEDGE " and Breakout the Lower Trend Line "LTL " and...
Top of keltner channel(overbought) Bearish divergence on 5 and 15min lower volume today Now above volume profile large block powell speaking tommorow high risk low reward to hold
17 minute video. A lot of information packed in here. I don't like typing things out when I have 20 things to say, so I'm not really going to do that. TLDW; Things look bad. If this video was useful to you, boost the idea so that more people find these the ideas and join the the streams everyday at 9:15 EST: 15 minutes before the market opens.
it appears to be a now mildly bullish sentiment in the short term, but a period of uncertainty with low volatility. what technical indicators does anyone think were present for today's short term reversal?
a larger than expected gap up this morning with no fundamental change to remove the underlying bearish atmosphere. was this gap up the last opportunity to go short ahead of the fed meeting tomorrow? or is this simply retail traders eagerly investing extra funds they were saving to pay off their loans, despite market circumstances? please leave a comment,...
After news, the dollar fell sharply, which had a significant impact on price increase. Traders are very interested buy, price has strongly broken of key zones, looks likely to up 4350 or 4470.