So far so good from the other day update. We should test 4090SPX at the open with ideal test of 4077 and 4062SPX and hold today. Holding 4060-75SPX level will produce a good support for a move up to 4215-25SPX and ideally all the way to 4300. After the next high this week or early next, will set us up for a move down to 3885SPX test! Only after 3885SPX tested,...
Those gaps will be filled, Im looking for all the 3 below to fill sooner then later
ES 4070is the maj support, loose it and we will slip into the 39xx zone, 4035-40 will be on the way Need above 4180ES for continuation higher
Stop above the high. Low by Tuesday, then continuation higher, possible W pattern if zoomed out
SPX is simple here, short 4165-80 Zone, buy low 3900 for the move up to 4300! Im looking for a bottom early in a week, ideally by Tuesday and move up to at east 4215SPX and ideally to 4300 before a test of 3885-90SPX On the other hand we could see 3885-90SPX next week or pre-Fed and move up to 4300+ into early July high Buy zone for tomorrow with stops! -...
Looking for a steady move into the resistance zone at 34-36.5K this month and lower from there. We will see 20k sometime this year, maybe even 15-18k (unless it will get there Q1 2023), ideally in Oct.
Main support zone! 12400 must hold on any test attempts for higher levels! Im seeing this structure short term bearish, medium term is bullish. A move down to 12100 is what Im looking to get hit before we continue higher to well above 13000 Supports: 12550 12495 Main target 12100 Im expecting a low to get hit by sometime Tuesday, pathway is shown on the chart
I love this chart, very simple and telling to my eyes
SPX same looking descending trendline test, tomorrows numbers will be a catalyst for the next week move. Ideally the low will be bought and we rally up into 9/10th high
Im thinking it a bull trap, but staying neutral, need to see a 4170-80SPX test. Holding 4130-40 tomorrow will be a tell, otherwise we will revisit the 4033 and ideal target 3975SPX before the FED. I will short when 4170-80 is reached
SPX has a room room to stretch to 4170 while the ES is showing a breakout. SPX is the king, so 4180SPX must be taken to confirm, next stop will be a gap fill at 4300. Im thinking its a bull trap, tomorrow will be a tell with a possible low in am and hold then move up into the 9/10th high
Im thinking its a bull trap, unless we break 883, we should make a higher low into pre-fed, then rally up. Breaking above 883 will get us to 13410 or so, which coincides with SPX closing the gap at 4300 level
Todays close must hold 3990-4000 on closing level! Closing below will bring much lower levels in Jun. Im not in the camp of the price falling that much in one day, but something to watch in case it happens. 4305SPX is the main resistances now Resistance - 4160-70; 4208SPX (must hold for continuation lower) - Low target for tomorrow 4105-10SPX - Buy if seen in...
ES can push here for another test of 4205+- Im exiting all my longs on that double tap (if that happens) and will add to short. The next week range is 4045-4200. Breaking either level will bring 3900 and 4300 levels respectfully next. SPX on the other hand could of topped as of Fri close.
Consolidating for another push Im flat and will short the close for the Sunday/Monday fut crap Also I do expect 31st to open green or flat even if we will have a good pullback in futs over the weekend
Target 465, short of the 593 NQ same as ES hit all the required targets for this week
Quick update on the NQ, Im looking for higher and will be buying the pullbacks. Supports are on the chart