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 I like 4069-80 zone hit and hold, failure to hold it will get us down to 3930-50 zone before it's over.
Be careful if long! This could gap down tomorrow again and hit 4065ES before a good size bounce to 4190-4200
It seems everyone is bullish now and desperate for a move up. There is a chance of seeing the whole move down to 12700-20 by tomorrow tomorrow am! I will be shorting any bounce with a tight stop and going long at 12700-20 for a good size move up, maybe even to new highs. The R/R is much better at 12700-20 then at this point. Have a good night
Love this one, was updating on this setup for several days. Hope people took a note and at least hedged
NQ main target is 12700-20 as per my last update. Its not as far any more isnt it Notes from the last night update: NQ: - Tomorrow's important levels to hold at 13100 and especially 13065 - I'm looking for the NQ to hit 12700 zone by the 25-26th on Aug and then a last push to 13900 by Sep 2-6th to finish this move up. This is a bullish pattern I'm watching -...
ES must hold number is 4202.75, below we should see a dip down to 4175-90 zone tomorrow Low risk R/R with a tight stop here below 4202.75. I will be looking for a small long tomorrow am if this number will be penetrated. Im long from 4203.5 with a very tight stop
BTC zoomed in buy prints, doesnt mean we hit the bottom, can very well extend down into ideal target zone of below 18k to 14k
BTC is looking bearish here and I have a time window for the first temp low on week of Sep 5th Checkout my previous posts, no line moved since after, just following the script There are a lot of buy prints on the recent low, a small move up is expected into EOW
Im tracking the pathway of the NQ to hit 12700 zone by the 25-26th on Aug for a last ideal push to 13900 to finish this move up. There is also a possibility of a lower high of 13400-13450, but I will update on what I see after we hit the ideal low Tomorrow's important levels to hold at 13100 and especially 13065
Must hold level for tomorrow is 4172-90. We must penetrate 4200 or 11th low to mark the temp (if not maj) high on Aug 16th Ideal target is at 4045-60ES on this move lower and the bottom timing is on 25-26th of Aug. Rally after into the 2nd of Sep high! I dont want to be long going into the Labour Day weekend; market, historically, tops around the Labour...
Very important to hold this target zone, as I do expect the temp low to come tomorrow, small rally up and continue lower into 25-26th. Then high on the 2nd, where the bulls will get trapped! 13120NQ must hold on hourly closing level
Above the downtrend channel, lets see if it squeezes and closes below today's open Tight stop
Im looking for a test of 4200 to buy or short below 4267.50SPX at the close. VIX is out of its wedge and Monday can be a good gap down again if we close below 4200 Very important level is 4267.50 on the closing level today!
Good stuff today, setting up for another gap up on Monday Early Sep could test a lower low but it will be a retest of the broken wedge
SPX flagging, there is a good setup for a good size gap down tomorrow. Again has to gap down below 4255-57SPX to mark the top being in place (reference to March topping pattern) If we gap down to 4189-4207SPX (the bottom of the channel) and hold it early from the open, then I will go long for a move up into the close. If this is what will play out, then we...
Im looking for a good size gap down tomorrow to mark the top, otherwise we can still press higher . The low should come either on the 22 or 26th. I personally like second date as it would be a perfect long setup going into the long weekend bull trap. Ideally next high (if we topped) is a lower high. Also will be looking at turning week, if we close lower then...
Quick update. The price needs to gap down tomorrow below 4255-57 to confirm the top being in place. Usually this type of the move trap bulls for long, so as long as we gap down hard tomorrow, I can mark the top being in. There is still a room to squeeze to 4330-34, but Im not really playing it unless I see a good setup. If we gap up tomorrow, will have to...
SPX needs to break 4245 to be bearish on this move, otherwise still in the trend channel. Watching 4248-52 level, can be a good r/r long there at least for a bounce with a stop below 45