SPX - The grind continues - plus AAPL, TESLA, AI, GEO, Nat Gas
Updated
Didn't get what I wanted to see today, that's trading for you. The possibility that we keep grinding higher for a week or more is certainly viable after today. Above we have the following - daily BB at 4190, Weekly BB at 4180, 100 weekly ma at 4215 and Monthly 18/20 at 4190 and 4210 respectfully. Some stocks like Tesla and AAPL seem to want to go higher after today and other stocks I'm watching also want to get a bounce. So there you have it, I was expecting something more but the market is simply not ready to drop. More grind will likely continue, even if we sell off tomorrow. I will keep watching and waiting for a definitive move down.
Good luck!
Good luck!
Comment
I'm seeing a triangle here - not sure which way it breaks. Comment
if it drops, triangle target is 405 on spy Comment
hourly rsi already at it's lows, I'm still expecting one more high to test the resistance points mentioned in the video. We'll see at open. Comment
18ma on daily reached. If they lose it, expect a rally up to test it sometime today. Comment
weekly chart, another tag of that upper BB last night Comment
vix Comment
uptrend on SPX coincides with 18ma, needs to break that support otherwise we go higher again. Comment
no break of 18ma, market won't break until it's taken out. Maybe today, maybe after more highs, not sure. Comment
market broke 18ma, next support lower BB at 4030. Any bounce to 18/20ma is a solid short opportunity, if they get it up there tomorrow. 
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