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Last visit Joined 2 years ago nxtlvltrdr www.nextlevelfuturestrading.com/
Markets Allocation
20 % commodities 20 % indices 60 % other
Top Mentioned Symbols
FX:SPX 60% | 3 INDEX:SPX 20% | 1 CL1! 20% | 1
nxtlvltrdr nxtlvltrdr SPX500, 60, 7 months ago
SPX500: Will it?
76 0 2
SPX500, 60
Will it?
ES comiing into the close right at the weekly breakout-false breakout line.
nxtlvltrdr nxtlvltrdr SPX500, W, 7 months ago
SPX500: Breakout-False Breakout?
95 1 3
SPX500, W
Breakout-False Breakout?
The close tomorrow will answer the question.
nxtlvltrdr nxtlvltrdr SPX500, D, 7 months ago
SPX500: Critical Close Today
210 4 2
SPX500, D
Critical Close Today
Today's close will be very important. A close above the trend line points to new highs in the days ahead. Below signals a correction.
nxtlvltrdr nxtlvltrdr CL1!, D, 9 months ago
CL1!: Crude descending wedge.
226 0 2
CL1!, D
Crude descending wedge.
Until demand exceeds supply, and rallies are likely to be 'short covering'. A capitulation move to 21.69 wave 3 target would be a great spot to get long.
nxtlvltrdr nxtlvltrdr SPX, M, Short , a year ago
SPX: Still farther to fall.
69 0 1
SPX, M Short
Still farther to fall.
Market topped at 161.8 extension, broke through monthly channel, and is poised to close below the 20 month EMA. This all suggests that structure support and 38.2 fib support reside around 1580. I anticipate that's where we are headed over the next months. If this support fails to hold, symmetry support is at ...
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