There is a potential H&S on longer time frame I mentioned before, noted on this chart as well Must hold support for the next week is at 3898-3920SPX. Has to hold on any test, otherwise the price will revisit the Oct 13th gap very quickly My ideal pathway is bottom on the 1st (I still see month of Nov close red at least compare to the previous month) and bounce...
Currently at the support zone, a long can be taken with a tight stop Needs to test the bull trendline imo before any significant bounce. For now its quite far way to test though. NQ should be leading in big 4, so must watch on the decline we get next week. Main resistance is the previous high into the resistance box, it has not to even get tested for lower lows...
I have exited my half ES short at 4020 and now long from 4018.50, looking for the gap to be closed. There is still a chance for the price to hit a higher high, but the SPX should not get above the last week high. The top is so near, it might come tomorrow if it was not already hit. EOM sell could be very brutal, you were warn, manage your stops and leverage
Getting close to its main support for the year. All the time it got hit (this year) it reversed hard to the upside VIX is in clear uptrend for a while now. Check how and what the reaction was each time VIX gets above the trade range. Expect VIX to hit 3x plus on the next upside! Im accumulation 35 Apr calls, not going to sell those till the high, ideally in...
ES is simply flagging, didnt really go anywhere with no vol. Watch tonight's action for a direction clue. Tomorrow (Friday) and Monday are directional change days, can move in one direction. I want to see a gap down on Friday and move up into Monday high. Dont want to see Monday as a low as it could invert the cycles and make the 1st as a high. Looking for a...
I want to see a slow grind down to 4016-20ES zone for a potential bottom and then one more up to 4069-81ES to finish the whole move up Ideally we see that low on Fri open I have a turning day on the 28th, should mark the high. Below 4016 the price will see a support at 3990-94 and if below 3969-73.5 Make your bet for Fri open, share with others on other sites....
I have 3 targets for the Fri low: - 4017-20 - 3992-88 - 3972-77 ideal target I will be buying am lows on Fri for Monday maj high Make your bets on attached link Poll link below Gap down, up or flat Fri open strawpoll.com Happy Thanksgiving Everyone!
Watching 4010.50SPX on closing level, if above its a bullish sign for a move to final target at 4068SPX Tweeted my entries after the FED minutes release,, now flat Im on the sidelines for now, waiting for the close.
Im going to add to my VIX 35 Apr call on the 28th of Nov
Should not get above 1905 on any test for much lower numbers to be seen next year. If it holds, might get below 1500 early next year. Will short 1900-02 zone with a 10-15 points stop. ideally we see a good move down to at minimum revisit pre CPI day close
Support box provided for those who want to enter with longs AHs. Im currently short from 4009.50, will add and will buy back in low 3980 if opportunity arises. Tomorrow is a FED, dont expect much movement till after the minute release at 2pm.
SPX gaped up in am and retested the broken trendline from the top, a perfect long for those who traded my call from last night. I did warn that this can test 4007SPX, its getting close to it. Did few long trades in am, not touching this till tomorrow. FED should be a perfect catalysis for the top. If the price will hold 3946-49SPX tomorrow instead of making a...
Watching 20-21 zone for a support. Historically VIX 20 zone is the bear/bull line. I expect that to me either tested or even broken for a fake move down and then start to explode. When VIX is at 45+ watch for the market capitulation. Ideal target for the VIX is 65+ early next year. When its moving above 35 and especially 45, no no longs for me period, only sell...
Needs a close above 3971ES and re test of the broken trendline. Im going to get some longs if it does. Also have some 403 SPY calls for tomorrow's open, in case it gaps up. If this breaks out, it can go over 100 points easy. Waiting for a false breakout to short, ideally before the FED or right after. Tomorrow's open is a gap and crap imo
I really like what I see here: - Longer term broken to the upside downtrend line test from the top 3744-50SPX - As well as the gap to close from CPI numbers 3748.85SPX All comes to Dec 1st. Number to watch for tomorrow is 4010.50SPX on closing level. - If the price gets to 4007SPX I will short with a 10+ points stop Maj support is at 3744SPX on closing...
Im looking for the CPI run up to be erased before another push up Support boxes are on the chart, needs below today's lows to finally moving. Fed is on Wednesday, might get another push tomorrow imo or into the FED
Needs above 3974ES for a move to 4007, otherwise looking for lower levels to be seen. Its a good flooring setup for a move higher, but the time is running out. I think SPY will close in between 395 and 396, currently at 395.25 Supports are the orange lines on the chart
Im short here from 3967ES. 3932SPX or 3940ES is the must hold/break for higher or lower to go The next support cluster is at 3910-17SPX Below we will see mid 38 handle. The move from the CPI number will be retraced at some point of time all the way to 3750. Im looking for a good size long if it gets thereby the EOM