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SPDR S&P 500 ETF TRUST
Short

Short $SPY $SPX $SPX500 to FEB 5: 4 Possible Targets

By mortdiggiddy
Updated
We saw massive block trades today in Daily Edge Live at the upper red dark pool level. We had these blocks on Friday as well. Bearish.

See attached TV idea below for additional reasons.

Jan 21
📈 SPY
📊 2,873,655 😱 ⚫️ #DarkPool
💵 332.14

Jan 14
📈 TLT
📊 6,683,190 😱
💵 138.82
Note
Type in the upper dark pool level, should read 01.20.2020.
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Typo*
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ES equivalent gap levels shown. snapshot
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Until we break out of the pitchfork we are in a distribution phase.
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Yet another confirmed tag on the channel, REPO cannot be beaten easily. snapshot
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Comment: I took another look at SPX futures today, and there is a chance... a small chance... that we have been melting up in yet another S-Curve for the past 1-2 weeks. If that is true then the original upper target of 3400 is still in play.

snapshot
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Very bearish close today. We gave up the entire spike last night at 9:45 PM EST. More and more distribution at this level.

snapshot
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Needs right shoulder now. snapshot
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DJI futures filled the JAN 15 gap today, huge bottom on Russell at a key level on Week CAM S4 and channel tag again.
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Russell 2000 futures. snapshot
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Break below JAN 16 gap and now it is acting as major resistance. JAN 16 was associated with many dark pool sells. snapshot
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JAN 15 gap next target.
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Right shoulder as at the target point near 3220-3225.
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Virus now in Chicago. SPY having a super difficult time at that dark pool level. This is a massive resistance location with Month CAM R4 and two big FIB levels. snapshot
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Nearly there snapshot
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Updates on equity futures, bond, commodity, and FOREX markets.

Topics:

➡️ Big selloff in equities (again) from coronavirus related news.
➡️ Precious metals punished, near term targets reached.
➡️ Opportunities for rebound Wednesday. Top to bottom NAS100 nears 10% correction.

youtu.be/cSCNeXaXwfw
bondsdarkpoolsElliott WavePitchforksSPX (S&P 500 Index)S&P 500 (SPX500)SPDR S&P 500 ETF (SPY) spyshortSupport and ResistanceTLT
mortdiggiddy
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