MSFT isn't bullet proof. We have earnings coming up and if they do not hit the numbers they project, this could easily happen. It has a perfect head and shoulders too. If it doesnt break 212.94 and hold, we could easily see 178.20
MSFT looks to be headed back to the 786 fib at 178ish. Earnings is coming up and I expect them to beat ER. That will send MSFT to the 278-284 area over time.
Looking like 42 first level and 46 the second level.
I believe the gap will be filled tonight. My trade is a 10/2 135/134 Put debit spread
Looks like wmt will bounce off the 133-134 area and then move toward 165 by end of year. I have long calls in WMT and also debit spreads. www.spymoneyllc.com
Bullish to 33.980 www.spymoneyllc.com
Looking for a target of 1.28646 in the weeks to come. I'm long from 1.16339 for 1230 pips
Looking for a bounce here and top out at 1.28950
DXY is following this channel. I expect it to sell off tonight. The DXY typically goes against the market. This will push metals, es and nq higher.
NQ appears to be able to run to 11514. If not, 10633.
ES broke trend Friday. If it holds this Sunday, we could see a retest of 3400. If not, we could see 3136 next.