RealTima

RealTima

NQ is hitting the same top of the channel and the broken trendline. Failing getting above it will just make another good sign for new lows to come mid of the month. Moment of truth is today

RealTima

3838-40 is the dividing line for today, failing closing above it will get us down to test new lows. The markets are weak with not being able to close the highs for several days, a warning sign

RealTima

Resistance is very strong in this level, can stretch to 825 for a perfect touch. 11800 call from am got fulfilled, it's very close to it, I have shorted for a quick trade here, looking for a possible real move down off these highs, might not come till after the FOMC

RealTima

Looking for either a double bottom here or a 3720-30 test

RealTima

Im expecting the am lows to hold and rip back to 3880 and ideally 3915 Should top on 7-8th and continue move lower into mid of the month as per my weekend update

RealTima

My long term chart. There is no 5500 anytime soon!

RealTima

NQ is in its bear flag channel, has a confluence target of 11800 and support at 11640

RealTima

This is a quick update with levels of importance. I will update in more detail those who are on my email list, cant do it all. So I think we will see a really this week and I have 2 targets - 3880 and 3960-90SPX Both are good for the lower lows to come sometime mid of the month, ideal bottom target is July 14-18th. The top in 3960-90 zone actually better fit...

RealTima

note the broken down rising trendline resistance. Im expecting it to get tested and rejected hard with new lows mid July (13-14th), ideally we test 3500 and hold it. The longer term target is 3209SPX now

RealTima

NQ hit 1.618 off the highs and 61.8 retracement off the lows. Must hold here and propel to 11800+ Moment of truth

RealTima

Watching the close here. Its really must close above yesterday's lows, above 3801SPX for tomorrow to continue this move. Failing closing above 3800 wont be good going into EOW tomorrow, below 3780 will be bearish for tomorrow's open imo Must save the day with EOD squeeze. Closing above 3825 will be perfect for tomorrow's continuation

RealTima

So far so good from my yesterday's update. We should test 3760SPX (already did on the ES), with an ideal stretch to 3735 in am. 3725-35 is a must hold for today imo, otherwise it opens a door to 3662SPX, which I'm not in favor to test just yet. Looking to exit remaining short at 3755ES from yesterday's close and start layering in with longs for a potential...

RealTima

This is not a bullish close to my eyes, the whole day was just a consolidation. The only good thing I see is holding 3800, so if we gap below 3799 overnight, then we will see 3760 next. Mid support is at 3780, low support is at 3734 Next support is not till 3662 and below! Looking for that low to be bought and rally into Fri close. Note this - closing below...

RealTima

Im back from my little trip. So far so good since my last update, we are going to test 3760 and ideally 35 today/tomorrow and then a run back to 4017-20 by the 4th-6th. There is a chance we see 3500 sooner then later, so have to be very careful in sizing on any trade. Im going to buy longs today starting from 3780 and 60 will add if we see 35

RealTima

NQ is setting up a fake breakdown imo and should be stopped at 11530 zone, 11500 is a must hold for today for any bullish setup going into the EOM Im expecting a good size rally starting today or tomorrow am, so a long setup from a bit lower is something what Im looking for

RealTima

ES is at Bull/Bear line, hit 110 MA and 50% retracement. A real test of who is in charge is right here. As well as ABC move up with perfect 100% extension hit on the SPX close. Jumping over the 110MA and test from the above will be a good sign of continuation of this move. There is also a possible fakeout to watch. A perfect place for a pause of this move up...

RealTima

Taking a small short going into the weekend, will be looking to buy a retracement on Sunday/Monday pre-market

RealTima

So far so good from yesterday's update, we gaped up and the longs must be very profitable to those who followed. Must close the gap today or Monday, otherwise this could be a stop run and the target will be 3585-90SPX (fibs agree if we top here) Otherwise another breakout on Monday would do it and the main resistance is at 3970-90SPX, which will be heavy shorted...