


S&P Futures opened up green but not by much. Looks to be losing some momentum. Watching this zone for break above or below with support/resistance targets above and below. Expect this to trade sideways .ahority of night and a good tell of direction at opening bell. Money Monday is here!! Start your week of GREEN everyone!!
Two day swing held. Still looking a GLD and /GC, i think we can push to the 34 day EMA. Alkost a 30% move if so. Golds slightly easier to play than most. Everyone should have a gold.play in their bag.
Using EMAs 13-34-89 Strategy, we see a solid hold on 34day. A break below could run down to 89day especially if markets continue bullish. Below im open for weekend swing SHORT. Closes friday above 34day small bullish position swing over weekend. 9-5-19
BIG gap on our indexes, SPY, QQQ, & IWM. Blew through our supply zone like nothing. Strength coming from our possible trade talks come October. Could see more rise on friday through morning with possible sell off in Power hour. We need a healthy pullback after this. We are "Riding High Above" the EMAs looking at this 4hour. Start seeing a drop last half of day...
Lulu beating earnings will gap it up into a supply zone from back in August. Looking at the OIC ivolatility chart, IV sitting at 50% while historic around 30%. Last time 2x when seen these levels the IV has dropped pretty hard. With indexes looking to catch up with EMAs and possible friday selloff, This could be a great set up for Call Credit Spreads here. Set it...