getting ready for a squeeze into the resistance line at min
Expected a high being hit today, we got it. Expected a close below 4308.5SPX, we got it. Expected a red close, got it only on NASDAQ and Small Caps. As long as we stay below 4340SPX we should see lower is my next expectation. VIX (see my update earlier) has a clear ISH pattern. Main support is 4177SPX Tomorrow must watch numbers are - 4285 and especially 75,...
Very visual IHS, should be triggered soon imo. Min target is 23.50+
Holding am high will get us eventually to 13205, ideally tomorrow, then another good size bounce on Thursday.
Ideal target has been met! Watch to close below 4308.50, ideally we close red, tomorrow will be a bigger sell off with the bounce on the 18th. The target zone is at 4300-33, it can stretch into 20s, I will short it there, or short if we close below 4308.50 Timing should be right as per my last night update. I will post a zoomed out chart after the close with...
We are at the first maj resistance - 110MA Weekly magnet. RTY hit 200MA on daily, while others are lagging behind. - 2032-85 is where I think this move will be capped, if we actually extend above 110MA. It can still extend up to 2084-2108 I expect tomorrow red close
I have sent a bigger update to those who are on my email list with an updated SPX chart, which I will post tomorrow after I see reaction of my main target. NQ update for tomorrow: - NQ Maj support is at 13510, break it below and retested will be a perfect short for a trip down to 13130-200, depending on the time of landing. - NQ I have also a good fib confluence...
I think BTC hit its high over the weekend and now we should see some pullback and then one more push into 24500-28400 zone. Also it doesn't have to stretch that high. I'm still in the camp of this to hit 14.1-14.8k with ideal stretch to 11.8k and maybe lower. I'm going to buy the 11k zone, might not come till Q1 of 2023, but this is the waiting game in it's own cycle.
Tomorrow is a day for the high, the day after is a turning day. It can extend into 13806 and 13866-88. Want to see a good size pullback into the 26th and then possibly one more push into 14k zone. 200% extension off Jun lows is at 13866 Im short 2.5NQ as of close, will take profits if we get a good size pullback.
The wedge has room for lower into EOM. Can get out of the wedge and retested from the top but with lower price sometime mid Sep around 16.50. Im long VIX will add early Sep
Its a turning day tomorrow, the 16th, expect it to be an intraday or a closing high. Super close to the Gap Fill at 4300.16 and my main target/resisatnce at 4308.50. Had that number since Jun, didnt expect it to get hit mid of Aug but EOM or first days of Sep. Timing for the low is on Aug 26th and I expect 4010-30 to hold! Might get to 4050-60SPX only, will...
I really like quick and if you know how to trade it, can make a fortune! Ideal target is at $450 Im in the camp of this coin to be way over $1600 at some point, after the bear market is over! If its going back to $55-60, I will buy more!
I love this buy, I will add more if we see 1.2-1.30 again. Min target is $6 and ideal target at $12-15 Longer term target is above $53! Potential 5000x after the bear market is over next year.
Nothing much to add since my most recent updates. The price is in the target zone I had for a while now. Was expecting a good size pullback, never happened. Im still in some trapped ES short, as well as RTY from Fri close and some SPY puts. We got right into the Yellow dotted line I had for months now, its the main resistance line and right in our 4308SPX target...
I haven't look at RTY for a while now, till the Fri close where I shorted it at 2015.50, willing to add if we stretch into the maj resistance zone right where the upper Bollinger is, that is also a 2.618 extension off the lows RTY is overextending on the upside and downside compare to SPX . We hit 50% retracement off 2020 lows in June and I see the whole way as...
See the resistance trendline, nothing much to add to this chart, all is in my last SPX update ES 200MA is at 4325, in the target zone!
Nothing much I can add, but few things: Lots of evidence of the market hitting the ceiling - SPX is at 61.8 fib retracement, very important to watch - Added a trendline off Feb 2020 and Sep 2020 highs, we are right at the resistance zone. - Main target (4308-30) is getting close to hit with no 4th wave pullback but relentless grind in a C wave up. - Weekly...
SPX back into the broken channel, fakeout was expected since my last night update. ES has the same look. Im having internet issues all day, barely traded few times. Might internet problem can last up to end of Saturday, might be an issue posting till then. I will try my best to post when I have internet working Daily S1 is at 4383.52, we got a bit shy of that...