AlphaDan10

AlphaDan10 Updated 

I propose that the bullish flag will propel IWM further (rates aside, it has done it before) to the 242.17 and higher given steady macro events.

AlphaDan10

Rate sensitive IWM is preparing for a breakout.... I don't see the possibility of a downside with no catalyst.

AlphaDan10

I'm anticipating a potential move down to 520. If the price bounces at this level, we could see an upward movement as the yen carry trade concludes. However, if the price falls below 520, treat this level as resistance and watch for a possible decline toward the 200-day moving average, which could take it as low as 495. Keep in mind that this is a dynamic...

AlphaDan10

65 Minute spy chart with the 8 Ema showing a potential wave 4 retest of the pivot point at 518.21 and further potential upside to the next support zone at 546518.

AlphaDan10

50 DMA should easily cross the 200 DMA if Iran will retaliate and it looks like they are set to do so. Can't stand politics, but we have to respect the pillars in order: Macro, Fundamental and finally Technicals,

AlphaDan10

VIX3M/VIX ratio just crossed 1.2 signaling the strong possibility of a trend reversal.

AlphaDan10

All Index Indicators point toward exhaustion. Save some extraordinarily good news, we are moving back above 20 with a short time horizon target of 22.

AlphaDan10

Investors are deciding if going short or long.

AlphaDan10

Market correction imminent, can buy options on the vix or trade spxs