Look where it stopped, loosing 3985 will be very bearish going into tomorrow. Im looking for a long trade, ideally we make a higher low tonight. The pathway for tomorrow can be a gap up and then sell into Wednesday or Thursday Very important to watch that trendline holing and if broken, there will be a perfect short setup when it retests that trendline from the...
When this baby starts moving, it will be too late to enter! Im accumulating Apr 35 calls
Looking for 4007-11 to enter with longs and exit some short from 42. So far so good since my yesterday update! Powell's move is getting erased
ES as long as 4084-93 holds, it has a good setup for a strong down! Tomorrow should produce a buyable bottom for a rally on Tuesday. Full Moon is on the 8th, usually marks top or a bottom. So far its in topping process. Can it correct through time and move higher into EOY, very possible Ideally we see a low mid Dec (my ideal low is at 3750), that would be a...
Stopped at the first support, needs it to break to break the diamond pattern I will post the diamond pattern NQ is currently in later when I have my computer on My timing showing a high on 5-6th and then down into OPEX at min It’s Friday, usual your money taker day, if in profit, take it and go enjoy your life and family!
Don’t have my computer near by, this is a chart from the app. 4040 is important, needs below 4019-10 and stay there for an ideal target - 3949ES Resistance is at 4042-52 Above 4056 it will go green I have tweeted my levels as well
Not much to do here, still digesting yesterday's move. Im not touching a thing here just yet
Now the next target is the ideal extension target 4119+- few points Ideally we get that number tested by the 5th and see 3750 filled EOM It was a panic cycle day and I did mention about it many times in my posts. One was done during my last night update together with the explanation. We got that a move in one direction above previous high or low, it was up the...
Posted this chart a day or 2 before, the support held so well! Now watching the resistance Placed a medium support for tomorrow, NQ is at resistance now, breaking above will get to the resistance box Im not shorting this! For now
Watch this test and if its rejected, it will be very bearish going into Dec. Im going to short 4018-19 level with a 10 points stop
Remember that the FED day usually gets reversed in full by Fri. Dont get relaxed if long, have stops! Close above 4050 then it will be a perfect setup for 4100+ trade NQ is still behind, needs to catch up
If the price will gap down from the open, I expect the price to hit low 39 hundred. The a rally into the FED speech, where more volatility is expected. All day today the price stopped at 10EMA on 1h, not a bullish sign Its a panic cycle day, a move, explanation below: - Given their abrupt or dramatic nature, panic cycles do not necessarily reflect changes in...
If its in a bear flag, the price should push up to test 83-86ES level Below the lower support trendline it should go down to 3925 area or so
I dont see the FED to pivot any time soon. It can be another Jackson Hall event which will start a new directional move. My ideal pathway is the low around Dec OPEX and high early Jan (might be the 200MA test) Must hold numbers on closing level for tomorrow are: - 3944.50-45 - 3906.50 Both are maj support zones. Second number fits the best with other trendlines...
Unless its not going down to test mid 39 hundred, we should see a good size retracement into am and then continue lower to test 3927-30 zone, if not more
Dont expect a full breakdown to 3750 just yet, but it will get there. The best trade will be a short of the broken trendline! Its coming, so if you want to short, wait for a setup, dont short in the hole here. I will be looking for a long and then will short that trendline test
SPX has to hold 65 level here. Below we will see the target outlined in my last night update The trend is down, its been all year! Ideally we spike up tomorrow and sell hard on the 30th
Watch the test of the breakdown area for the short opportunity with a stop. SPX tested the bottom of the channel and bouncing off from it. Im going to short tomorrow hard before the FED on the 30th, its also a panic day