SPYSPX Good morning traders! I hope everyone had a fantastic weekend. The crypto market is bleeding yet again, with major cryptos such as BTC and XRP falling significantly. This raises concerns about the continuation of the bearish trend, which could also impact the US and other global markets. For SPY, the market sentiment is neutral (PCR = 0.93), with the majority of stocks trading between -1% and 1% (no trend). Therefore, we can expect the market to stay sideways for a few more hours. The major support is at the 590 (weak support for today but strong support for 3-4 days), and if it got broken, we could slip to the 585 price. The key level is 589, and to trade 0DTE options, we should find out the deviation of the current price from 589 to decide between put and call today. My strategy is to buy calls if we see price taking support at 590. Comments ?
XRPUSD the fear in the market isn't a joke! People are uncertain and doubtful—It is the perfect recipe for a pump! A few of my friends sold big XRP and BTC positions due to fear! Over 2 million worth! Again, people need to be fearful and need to capitulate before we climb; its happening! Sitting spot is the best option, in my opinion! Any time now, anytime!
SPX My friends shorted the market based on the historical data I shared with you, anticipating a bear market tomorrow. I’m sitting tight and waiting for the market to turn around! I am receiving overwhelming texts and calls! I’m so happy for those who are making it for them! Don’t be fooled tho, Monday is an UP day—More probable SPX will climb then. Brace yourself! And remember it has nothing to do with earnings or the NEWS! I knew this two months ago and I can tell you what will happen on any given day of the year! Try me! 🫡👊🙌 glad I can help! Stay level headed, we are almost out of this mess! February has been the absolute worst month of all 12 months since 1944! It’s not rocket science; just math! BTC and XRPUSD will follow!
US100 Based on the charts of TSLABTC and now the tech index I'm inclined to think what we are seeing is an unwinding/retest of the so called trump trade bullish thesis that certain assets used as an excuse to gap up and rally on post election. That's the area markets are being pulled to imo as confidence evaporates as it relates to the bullish side of that thesis. What we are learning is that entire move was just classic leverage fueled gambling as there was no fundamental support beneath it so far.
SPX Hey folks, today’s Thursday, February 27th, and the market’s a total coin toss with a 52.4% chance of climbing—pretty much a flip of a coin—just as I predicted two weeks ago, so stay levelheaded, turn off the news, and brace for tomorrow’s likely bearish drop with only a 28.6% chance of going up—it’s all math! Monday, though, is likely to climb since it has a 61.9% chance of going up.🚀
🤷 Thursday, Feb 27 – 52.4% chance climbing → A slight bullish edge, but still a coin flip FOR SPX
🚨 Friday, Feb 28 – 28.6% chance of climbing → Another big bear day. 🐻 SPX
📊 Monday, March 3 – 61.9% chance of climbing → More probable to go up. 🚀 SPX
XRPUSDBTC tend to follow. Sitting spot is best! We need to get through this month almost there. Remember, it’s the worst month out of all 12 months since 1944.