Watch this triangle to break one way or the other. Im still looking for lower into tomorrow
SPX target 3680-88SPX now, ideal 3640-45 test If we hold 3640 on closing level, I will be looking for 3900 test Im swing short here with SPY puts, ES and NQ Got a bit burned with stop losses, gave back most of my am profits. Im getting a feeling that this will sell hard into Fri, will add to my swing short on any advance.
Support at 3747 and 3743, holding that level will be bullish
The price is finally giving up, recent history is showing that the rallies are lasting 2 days, will it repeat today and we close red, we will see. Numbers of importance for today: Support: - 3749 (on closing level) - 3712.40 - 3680-88SPX (Again this number as an important) support, now becomes an ideal target) - 3640.50 is a final must hold on any close today and...
Im short ES on this break of the trendline or even H&S Min target is at 3750ES and ideal target at or below 3718.50ES Im looking for a low tomorrow or Thursday am to buy for a trip to 3850 and ideally 3900 and change.
Still think we hit 3830-50SPX at min. Next pullback will be a telling story if we can get to 39 handle or not. Main support is at 3715 now and one more at 3735SPX
The price gaped above the main resistance line, there is noting much but air above. Main target is 3850 now, while first resistance is at 3788-90SPX Any pullbacks should be bought imo, especially 3735-15 Level of importance is 3715 on closing level, must hold on any closing to continue higher
Vis has more room for lower, still elevated but coiling for higher prices to be seen soon
NQ same as the ES is bull flagging, ideally we see 11140 or a bit lower and then another push up
I really want to see 3675SPX tested and then a move above it after a retracement. The down trend channel is important here, so all eyes on 3675SPX! Im out from my Fri longs at 3645, will re-enter Also closed my SPY 346 calls at BE, very happy with not loosing there:) Please note, all the purple lines are the unfilled gaps! P.S. Dont forget to like (click...
ES looking for a good size rally as long 3600-11 holds We got expected gap up, now needs above the triangle. There could be another move lower into 3611-18 zone (ideally it was it after the open), should push to 3700+ from here into tomorrow. So far it hit 61.8 retracement from Sep 30th high, gotta be careful with sizing. Its not out of the woods yet, it will...
As you can see the price is getting close to the top of the downtrend channel here. Must take and close above 20550 for higher levels to be seen (green arrows) Failure to break the trendline will get the price down to 14k if not lower. My ideal pathway is a move up (ideally to 30k+, might be limited to 27-27.5k) by the EOY and much lower in Q1 of 2023, ideally...
The price can still drift around. Needs a move above 75 for 135.9 min print. Here is zoomed in chart: Im personally holding this and I think it has a huge potential to get to $500 at min and ideally to $2k at some point on the next bull run (should start in Q2 of the next year imo)
We are getting there! So close to a touchdown. Those who follow me, know that I had 3588SPX target for a long time now, so the price is delivering that to you! Have a great weekend.
Im going to exit remaining of my MNQ short at 11060-70 zone (if it gets there) Also started ES longs and 366 SPY calls Have a great weekend
This still can chop chop till end of the day, but its getting close for a good squeeze. Im out from longs at 3681, looking to re-enter, will check EOD closing
PCE numbers were out, was a nice quick dump but no continuation as it came better then expected imo. That alone takes the crash scenario out of the picture for today. All eyes on 3745ES and 3623ES here in pre-open market. Still want my 3580-88 level hit and hold. Will be looking to buy longs today and exit swing short position as per plan outlined before Its...