I have a main support at 11680-650, then 11500-480 There is also a 1.618 extension at 11736 Looking to cover at 680 zone and start going long The plan for today buy lows and hold for at least few days DO NOT GET TRAPPED Today!!! Dont short this whole today!
The price gaped down as was expected, now lets see if 3850 holds. Below 3850 there is a gap to fill at 3831, which should be filled soon imo. Gaps to fill 3831, 3800, 3790 Watching 3802-17 to go long
The price has broke down and Im waiting for 3880-86SPX to be lost. Ideally we gap down below 3880-86 and it becomes a resistance. Futs already down and below those numbers if convert to SPX. My pathway for tomorrow is to buy a gap down to 3802-18 for at least a day or 2 bounce. - There is nothing but air after 3880-86 is lost, all the way to the numbers above. -...
It does looks that VIX will spike up hard soon, min target is 31.30-45 So far futs already below 3880-86SPX level, that could mean a gap down tomorrow into 3800-20 zone and VIX gaping up nicely P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
You can see how close it is for a breakdown, this in idea should bounce into Monday and then continue lower. But tomorrow is quarterly OPEX and most of the hedges are going offline, so much wider swings should unleash. This has air all the way till 3800 on the ES, so be careful if long, get ready to flip if it starts going Main resistance and supports were...
I was sleeping in today, no point to trade this market but hold swing short position. Mid Bollinger or 20MA crossed 110MA on daily, not a good sign for the bulls. MACD is still making new lows. This seems to get to 3680SPX by the FOMC decision or right after. Main resistance now is at 4030-45SPX Mid resistance is at 3970-85SPX and I think we wont get above on...
I want quickly update the SPX chart. 2 scenarios: 1 - we gap down tomorrow 2 - we hold the lows and go up in am First scenario: Support is at 3885-86SPX And nothing till 3800-20 I would be looking for 3775 and ideally 3680 as the main targets before or buy 20-21st. Second scenario is we see 3970-85SPX tomorrow and sell off into above outlined numbers by...
I did warn about this possible outcome early Monday am All we need is to gap down tomorrow (which has a high probability now as we closed below 3955 and especially 3935) Then the downside targets will be 3775 and even 3680. It can even stretch to 3450 if Jun lows are broken. Only a gap up tomorrow can save from this pathway for now. Dont pay attention to the...
So far so good for lower levels - 3945-55 must hold and I think it will not go lower today. If we close at the lows, there is a potential of gaping down below 3935 tomorrow, which will make 3885 next target. Main target on the downside to hold is 3800-20 as a must hold on any test. Below 3800 we will see 3720 and 3635-40!!! Watching the close, riding short from...
Not being able to even test 4k zone, we should see my 3955 and ultimately 3935-40 4003-10 is the main resistance level. Im going to short 4020-25ES with a tight stop
Lets see if we get to test the bottom of the Bollinger or 4060-80ES It should hold and continue lower to re-test Thursday's lows as well as close the gap The pressure is down and if we close on the lows today, this will continue selling into the 15th low! If we satisfy 3955SPX today or even test lower and close above 3955SPX, then it could be a good sign of a...
Crazy retracement, should comeback to place of origin since Thursday low Main target zone is at 12330-12260NQ Resistance is at 12555 and 12585-90 This should continue/fill the gap today. Its a directional change day today, if we go down all day, this can go much lower into the 15th low
I really like this chart, its getting close to a resolution to the big upside move imo First main test will be at 31.30
Its all about 4125-35, 4150-60 and 4202SPX now. All 3 are resistance levels! Support is at 4085-90 and 4025, below it we should see 3955SPX Im not sure about the exact pathway, so my game plan is to short 4145-60 and 4202 zone. If we breakout I will flip for a trip back to 4285-92 and even over 4300SPX Please note, that this can even extend to 4425 just to screw...
I want to present a very possible pathway in case MACD will make a hook like turn, which is very bearish! I saw this many times, when everyone is cheering bullish and looking for that golden cross and all they get is a the hook formation (zoomed in and outlined at the bottom of the chart) So far MACD is still way below 0, RSI is at 50 level and could make a lower...
I missed most of the day, Im waiting for my 4125-35 test to short and exit some longs I have running since last week (those were under the water at some point, now nicely in green) Want to see some pullback into the close and then spike up tomorrow to hit the target zone for a fakeout move. High tomorrow and low on the 16th, then we should rally to 4200 and even...
Im short from here, stop just above today's highs Might close before the close or AHs, tomorrow might spike up higher for a fakeout and then start selling into the 16th low P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!
Im going to short 4115 level tomorrow am or if we get there in pre-market am Ideally we test my 4125-35SPX (4115-25ES) tomorrow and retrace hard into the 13th low P.S. Dont forget to like (click star-ship button) my posts, so it gets pushed up on TV for others to see as well. Thanks in advance!