Midkniteskyz

Midkniteskyz

Like the idea and follow me for intraday SPY commentary! :) August Wk 2 Thoughts With major earnings over and a rush to fill the gap, will bulls aim for a new high or bears move in for the pullback? 1) Weekly Time Frame Price has held above a strong resistance price around 327.5ish, risen above the S/R from Jan-Feb, and broke out of an ascending wedge. One...

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Looking for support and resistance lines? Like the idea and follow me for intraday SPY commentary! Happy Friday! Mission completed for the bull crew! Congrats if you were bullish. Where to now? 335 is first. Then the SPY high of 339.08. It's still bullish on indicators and There's a long term uptrend line to keep it running (bottom blue dashed line) Gonna be...

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Looking for support and resistance lines? Like the idea and follow me for intraday SPY commentary! Happy Thursday! Had another Gap n' Go from the bull crew yesterday. They're trying to get somewhere, and fast. Got .20c on the top gap to fill. If they wanted, they could bust through and keep going. But leaving two gap windows below is unusual, and begs getting...

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Like the idea and follow me for intraday SPY commentary! :) Happy Wednesday! Yesterday was a good comfirmation day for the bull breakout. Holding price above 328 was their line in the sand. There's talk of another island top. It's in the cards for certain. Last island that was made (Jun 5-10) was made of a nice 3 day run up before a giant drop. Took some more...

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Like the idea and follow me for intraday SPY commentary! :) Happy Tuesday! Interesting Monday to start the week. Bulls trying to chop their way up to the psychological 330 number. Not much volatility overall though. $2 price range is suspicious. What's even more surprising is the resistance to fill the gap below @326.65ish. That's too close to leave it behind....

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Like the idea and follow me for intraday SPY commentary! :) Happy Monday! Unfortunately all my old drawings disappeared, so I'm starting with a fresh slate. This is okay though since the market is in gap land and there's really no prior levels to refer to. Graveyard Shift - Market Gapped up and the bulls are deep in no mans land. If they plan on saving the...

Midkniteskyz

Like the idea and follow me for intraday SPY commentary! :) August Wk 1 Thoughts Off the heels of important earnings last week, what's possible this week? Bull breakout or an unexpected pullback? 1) Weekly Time Frame Medium bullish candle. Not very standout-ish. Seems weaker considering its wicks are within the previous candle. 2) Daily Time Frame ...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Friday! Today is the big day! Earnings for big names released last night and numbers are everywhere. Only one problem, not every agrees with what the direction should be after the surprise. Expect a lot of whipsaw today and time appropriately. What is the market saying? - Market...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Thursday! Clock has been reset overnight. Starting a little lower than yesterdays open. Bulls still able to defend 321.6, which has been an important number for them. Could we have a repeat of yesterday, or a channel surf until the big earning tomorrow? What is the market saying? -...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Wednesday! Yesterday saw a late afternoon crash. Bears are chopping through the graveyard shifts hard work. Will they continue the trend today? What is the market saying? - 321.3 is an important number that the bears have tested twice this week. Bulls have saved the fall both...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Tuesday Yesterday wasn't the most exciting day. Had some surprises after market closed and we should see something a little different today. The biggest day will probably be Friday with earnings though. Got 2 more S/R lines to add to the pie. What is the market saying? - It's chip...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Monday! Spent the whole last week going up and down, only to finish sideways. But if we thought last week was crazy, this week is going to be surprising. The biggest names: Amazon, Google, and Apple will be releasing their earnings Thursday after market close. Prepare for some...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Friday! Quite the turndown yesterday. Will the bulls try to save the rejection today? What is the market saying? - Bears shot the market down at around 327.3ish. Bulls are still working to fill the remainder of the gap, No aggressive premarket work put in by the graveyard shift,...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Tuesday! We have stepped into no mans land...now what? What is the market saying? - Yesterday was a heavy bullish day with AMZN earnings and other tech driving the overall market higher. This pre-market morning, bulls have gapped above the tough psychological 325. There's a couple...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Monday! Must be nice outside, cause the bulls and bears are just channel surfin'! What is the market saying? - Another earnings week, looking for some sectors to juggle prices around. But I'm guessing things remain mostly steady. 1) Weekly Time Frame - 323 is holding the...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Friday! Bulls and bears surfing in a channel yesterday. Got two baby gaps on each side. Last earnings day of the week. Which gap will they choose? What is the market saying? - Bulls would like to go north, but is there any energy left? 1) Weekly Time Frame - Up and getting...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Thursday! Confirmed breakout yesterday by the bulls. What is the market saying? - Time to test the breakout number. Something around 317.6 1) Weekly Time Frame - Up and getting closer to the gap. 319.34 & 317.59 as weekly lower highs 304.32,304.21, & 300.5 as weekly lower...

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Like the idea and follow the chart for free SPY commentary all day! :) Happy Wednesday! Bulls drove the price almost to the close that we had Jun 10th. A few pennies shy of 319. Graveyard crew is putting in some higher number as well. The last time we had these numbers was June 8th, a dump followed afterwards. Will the bulls let the bears tackle them down...