talk about non-fungible a es1! call contract is the be allwhy do we pay so much to securitize capital? anyway were coming to a head with front month spx futures. the s&p is reacing the bottom end of envelope, and revisiting trama or sss ma seems likely. i bet if we breech pivot we see upper horizontals, and if that lwvel resistswe see lower. if vix is raging monday im still not interested in calls until we see bullish divergence. if we reverse from extremes im only interested in calls off the bottom level or bull breeches of pivot. interesting puts are around upper level. daily is bear until we see the pattern of lower highs break.
Emini
Bulls and Bears zone for 09-28-2022Overnight session, market has been trading in a range, perhaps sellers are aggressive.
Any test of yesterday's Fibonacci 50% range could provide direction for the day.
Level to watch 3684 ---- 3682
Reports to watch :
US:Pending Home Sales Index
10:00 AM ET
US:Jerome Powell Speaks
10:15 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
SP500 possible forming triangle. 26/Sept/22.ES1! Aka SPX emini possible forming a triangle as we already have an expanding flat pattern abc ( cyan) on wave (ii)(Red). So..as Elliott wave alt. Rule. We can’t have another “same” expanding flat which is ABC ( yellow circled) pattern on wave (iv)..So..this “expanding flat” could be wave a ( Cyan) part of a triangle pattern in wave (iv) ( Red)..
Bulls and Bears zone for 09-21-2022Yesterday's late afternoon rally seems to be getting weak during ETH session .
Any test of yesterday's High could provide direction for the day.
Level to watch 3892 --- 3890
Reports to watch:
US:Existing Home Sales
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Announcement
2:00 PM ET
US:Fed Chair Press Conference
2:30 PM ET
Bulls and Bears zone for 08-31-2022Market is trying to rally during ETH session to break trend of last three down days.
Ant test of ETH session High could provide direction for the day.
Level to watch 4020 --- 4022
Reports to watch:
US:Chicago PMI
9:45 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
Bulls and Bears zone for 08-24-2022Value traders are trying to put a rally together during ETH session, can they keep the momentum going.
Any test of yesterday's LOW could provide direction for the day.
Level to watch 4123 --- 4121
Reports to watch:
US:Pending Home Sales Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
a few different scenarios for emini nasdaq front monthif we enter this sss suply zone and bounce we may have one of the green scenarios play out. if we fall beneath it and start confirming a lower high on some resistance beneath it we could be headed for one ofthe red scenarios. below pivot im looking at lower horizontals and above it im looking for higher lines.
Bulls and Bears zone for 08-17-2022ETH session continued selling off and currently trading below yesterday's Low.
Any test of ETH session Low could provide direction for the day.
Level to watch 4265 --- 4267
Reports to watch:
US:Business Inventories
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Minutes
2:00 PM ET
The S&P500 setup to short the market. S&P500 / 4H
Hello traders, welcome back to another market breakdown.
S&P500 have have been in a bear trend this year, one of the high RRR strategies is to short rallies in a bear trend and go long drops in a bullish trend.
Please checkout the chart to see what I'll be waiting for before taking any swing down. The market is strong enough that news highs are more likely now. So, bears need to be patient and wait for confirmation.
Bulls and Bears zone for 08-10-2022There is a lot of Euphoria after CPI was released earlier today. Will this last for an extended period is the question.
Any test of ETH session High could provide direction for the day.
Level to watch 4200 ----4198
Report to watch:
US:EIA Petroleum Status Report
10:30 AM ET
Bulls and Bears zone for 07-27-2022FOMC will release its decision on interest rates this afternoon which could be the reason why market is trading in a range during ETH session.
Any test of yesterday's High could provide direction for the day.
Level to watch 3952 --- 3954
Reports to watch:
US:Pending Home Sales Index
10:00 AM ET
US:EIA Petroleum Status Report
10:30 AM ET
US:FOMC Announcement
2:00 PM ET
US:Fed Chair Press Conference
2:30 PM ET