SPX 500 - just the technicals please - part 2
Updated
Technical review of the stock market after the FOMC rate hike and Jerome Powell speech. All in the video - I'm tired and will update tomorrow.
Comment
aapl will open at major resistance on both daily and weekly charts. Comment
aapl weekly Comment
Vix to lower BB Comment
ES to 18ma on the monthly chart. Comment
we have reached an area where all previous peaks except for august 2022 have stopped. Could go a bit higher, but this is an area the market should have difficulty with. Weekly 100 and BB slightly higher than here, 18ma on the month already reached. I see popular posts about this being the "time to buy" with no regard for previous peaks stopping here. Comment
the us dollar looks to be finding support at its 18 ma monthly Comment
vix is green Comment
18ma monthly on spy reached about an hour ago, someone else noticed. Comment
AAPL getting hammered after hours. Bulls' are saying it's gonna be like MSFT and bounce back hard. Probably not considering the technicals.Comment
NFP came in hot, so we may sell today. support at 4090 on ES and then the daily ma at 4060 Comment
correction - daily 18ma at 4040. We would have to have a really bad day to get there.Comment
Put/call at .49 yesterday, shorts covered almost fully it looks like. ycharts.com/indicators/cboe_equity_put_call_ratioComment
If it's an impulse down, support at the 18ma daily would probably give it a head and shoulders look before more downside. If this is correct Monday gaps down. Comment
oil at its major trendline again, i think this time it breaks Comment
gravestone doji on the daily candle investopedia.com/terms/g/gravestone-doji.asp
Comment
Good morning, we are continuing the sell off from Friday, I expect we will get to the 18ma today or tomorrow (red line). I see a lot of people expecting another high, but if that doesn't come, a bounce will probably get us a head and shoulders patter. 
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