Apple had a 27% rally in six weeks. Also spy has rallied 12% in the last two weeks. Well, we actually crossed 4,156.90 at SPX. We are in an interesting position, we actually crossed 4,156.90 at SPX. MM's didn't start selling off too much yet, so that does mean we will reach 100% 417 at SPY. If you are into calls that information should profit you. In any case,...
For now, the last week starting on 25th July was all that we needed to breath from now of the bear trend. We closed ABOVE the key level at 395 not only at daily but also at weekly chart. What do we have here? A incredible bull run that may last until Big Money doesn't want to keep it. I didn't expect another sell off last week because as I said in last post, MM's...
There are a lot of things to talk about. We enjoying a huge bull run, over 6% green nonstop. There are two things we should remember: everything is being driven by big money flow, and there is no retail FOMO yet. Additionally, we cannot expect common sense to rule the market. It will follow what big investors want. We are pointing right into that 401 gap, but with...
Last few days we crossed a lot of resistances getting into a bullish momentum, I knew we would drop Monday just to form a bear trap, Dark Pools print volume has been increasing since last week, 2,4 Billion Print last Friday at 381, right where the market fell on Monday, same thing here, 3 Billion Print today at 391, could be a sell, but we can't know for sure. It...