VIX Watch the close above that yellow trendline and ideally above yesterday's close to get a confirmation of the turn today If SPX gets to my first support zone at 3984-88 then VIX has a potential to get above that yellow trendline Now lets do it
Well who would of know about gap and crap? My yesterday post had it all covered. The magnitude of a gap up I had no idea about and it came quite strong, but still made a lower higher into that Yellow resistance line That Yellow line comes from Feb 2020 high, so its a very important resistance. I have taken several trades on the open, sold calls and bought puts,...
This is my second try, there was an issue with posting, it reset the whole post back to empty. All what Im thinking is that there is a possibility of the opposite Oct 13th move. In this case it can be a gap up and crap all the way into the Fed on Wednesday. I still cant get 3748 gap to get out from my mind and still believe it will get hit this month at...
SPX is in triangle, closing below Fri close will be a huge tell going into tomorrow. I will be watching the option flow at the end of the day. I did short NQ before the open and covered half after the open, rest got stopped on afternoon spike.
Will it be a fakeout bull trap or a start of a new move up 6% or so Im short into tomorrow, thats my bet, I might regret it tomorrow, might not. My cycles project low on the 15th and the 19th, I have to follow my system
Its a very important close for the VIX, all in one day! VIX closed at HOD and the markets closed above HOD! Tomorrow's expected move 3.7% on average - If CPI comes at 7.8% it will be 5% down day - If CPI comes at 6.9% then it should go up 6-7% My bet is we go lower or the vice versa from Oct 13th, where it gap down and then bid all day. So if second scenario...
There is H&S on 4h timeframe and quite visible C&H on 1h Tomorrow the price is set to get above or below the range. Can it it a squeeze into CPI or we finally get below 11400. Below 11400 will bring 11200 as next target. NQ is the most bearish looking chart compare to ES and DOW 4h chart coming next in this thread
This will be my weekend update. Im flying out tonight for my birthday week, will be in transit into second part of Sunday, if will have time, I will update more charts from the airport. For those who know me from the site I was on for 10 years, I will be seeing Tracey on this vacation trip, so very exited to finally meet her in person We trade every day and Im...
Nothing has changed, SPX is on the way to its target zone I wanted a good gap up and crap from there, but we got completely the opposite. Waiting patiently to enter with short position at 4007-20SPX zone I havent traded much today, want to short, but this can continue squeezing on low vol
Check the vol of today's move, its nothing! Typical Fri low vol grind If the price stays elevated, we should grind up into Mon am. But I will not be long if it will be a wall move into the close (last 10-15 min big up candle). I have a turning day on the 12th, will it be a strong move down or a gap and crap, I dont know, but we are getting close! I have a short...
Getting close to4k test. Perfect confluence here imo As twitted, I dont want to be long if the price hits 3990-4010SPX today Pushhh
Looks how its holding the upper part of the cloud, I expect it to break at some point and get into the target box I wont be long if we hit my target by the close, especially the 4k region Im slightly long here, for the required target, will add if the price gets to 3950ES
Ideal pathway for tomorrow is either gap down or sell after the open to mark new lows in low 3900SPX (3896-3908), then a strong reversal into Fri open Im watching two levels for tomorrow on the upside: - 3965-70SPX - 4000SPX Holding 4k will be important, as it will be a text book test of the broken down bull trend to confirm that the price has marked the top and...
Didnt see this yesterday, this makes today's rejection off the top a possible indicator of the price going down to test low 3900 Careful if long!
Nothing much to add since yesterday's updates. Im looking up for a breakdown trendline test. If its very bearish, then it can just get to 3965-70SPX and stop there. That would mean much lower levels are coming this month! Ideal pathway is to test 4k level and reverse down. That would be your shorting opportunity The whole move off CPI will be erased next! If...
I dont want to see that support box broken. If it breaks next level will be below 11400 Im long some ES and about to start NQ longs Mind your sizing on long size, its a bearish trend day, ideally we reverse into the close
So far so good from last night update. Just twitted, that Im not looking to short here, but looking for a long to buy! from lower levels. Unless the prices goes first to 3990-4k level, then I will short it there I have set a buy order at 3940ES, that would be 3932-34SPX. And if take I will add near 3900SPX. Its a full moon on the 8th, ideally we get a lower...
In my eyes NQ and RTY are stronger then ES at this moment, which is kinda strange to me as it was the leading for the whole move down since ATH. Support held today (tomorrow's support box). Ichimoku cloud (not shown here) is in a thin area, so it has a weak support and can break below the lows to finally catch up with the ES. There is similar bull trendline as...