I really want to see a low made pre-market and reverse into the open, that would be very bullish! 4160-75 is the main resistance one and one more to follow at 4200, that should cap any move up. Going to buy longs tonight and exit ES short around 4k, if we get there. I will be shorting that move up from 4160-70 and then 4200 for a move down to 3920-50. Im...
2 more targets to go, ideal target is at 12300 or so Any bounce is the short now Have a good weekend
I know its crazy in one day, but targets are targets! Homework pays well when you follow and stick with it
Im looking for this to follow, still lower high since few days ago, a move above will seal the deal for new lows on the markets
I had no time to post this last night, but I did the ES. We did hit my upper target at 4210-20, reversed and never looked back! Was looking for this move for several days now, but it came so big, I didnt expect to have so much of a move in 1 day. This gives me more confidence on my lower target zone to hit 3930-50SPX So for today's close 2 very important...
Perfect 4200 hit, I had few running from 4148, some was exited at 4172 and 80, one at 4196.5. Have only 2 left, will exit at BE or if we extend to 4210-20. Im short NQ after the close. Nothing broken, Im looking at it as another bear rally. EOM will be quite surprising. Its def frustrating for many who short every top, have stops!!! Always hedge! If resistance...
Interesting if that move below the support orange line was the OPEX stop run The Bollinger bands are about to start widening as well as turning up! Pay attention to this, as its going to go parabolic within next week or 2. Only one thing is kinda stopping me to be fully short is the reaction of 29th low into the Sep Quarterly OPEX, then the markets are free to...
Im shorting this move today and will hold into the 29th, then long for the window dressing rally, ideally we top on or right after the Labour Day on 1-3min it's a clear bear flagging, next pump will get me short with a stop above the highs
Exit longs here, short with a stop above am highs, SPX still can stretch into my second target at 4177-9
ES has a bit different look from SPX, needs to hold here if it going to continue sliding. I have exited half of the longs from 4148 here, rest BE
Morning, quick update here Lets see if we close below 4145 again, then we are going down into the 29th low I have a main resistance to hit at 4166+-, above it it can stretch to 4175-76, should hold the night highs today and make a lower high during the regular hours imo Im going to short 4166 and 4175-76 with a stop Im currently long ES from 4148, tight stop there
Must hold this level and especially 4140 to press to 4160-65 Im flat, will be watching the close to make a decision for tomorrow.
Posted my other working chart instead of this one. Again very important to watch 22-23rd highs being taken or making lower highs. Today's level of importance is 4145SPX, closing above will press higher tomorrow, below not good for the bullz On the road all day, will not post till late night
On the road all day, quick chart update from my phone. Im flat at the moment, will short one more if it back to 13009-13, tight stop. We didn’t get a follow through at night, but we did make a new low, I covered 50% there and the rest was stopped at night. Now watching for lower low or double bottom. Above can be a sign of the temp low in place
If this really goes, then 12700 will be a quick stop and it can fell very much all the way to 12200-60 There is an interesting trend line cross support at 12200 level, something to watch and visible on my chart Support numbers below 12700 12450-60 12200-60 Needs to open tomorrow above today's highs to make it turned up and see a high on the 25th instead of a...
VIX is flagging same as the NQ and the ES... Dont get trapped!
Watch 4135.30SPX number, closing below will flush tomorrow and vice versa! 1h is showing a positive divergence when 15min is actually setting up for a flush, RSI is below 50, MACD below 0. It should give one way or another! Very interesting thing is this, next stop is at 4069-80 and nothing till 3951! On the upside must close above 4140.20 for a push...
I want to point out this bear flag, both on the ES and the NQ, perfect fib alignment into 12703-20 zone. Tomorrow is a panic cycle day, will it be a gap down and reversal or we just break down? My timing for the low is still the 25th and possibly 29th Will do ES update next