eshy

eshy

Need to re test 2630 for clear direction

eshy

Down out of the wedge, reversal candles at resistance closed out Friday last week.

eshy

Signs the reversal is finally confirming. RSI has turned at 50 now for the third time? Bad earnings should push this hard.

eshy

Weekly reversals up here, great RR

eshy

Hanging man at wedge resistance, fib retracement, etc.

eshy

Hammers on all the recent 4H band pierces. 20MA re test takes us out of the wedge.

eshy

I've been trying to short this one for a while as you may know - 4h interesting pic

eshy

Last two MACD fades lined up with the vertical lines - strong sell signal as weakening bull trend. Testing resistance in what looks like a bear flag on declining volume.

eshy

updating recent posts here - looks like the 1D KJ is providing resistance for a bounce and trend continuation. Stoch RSI is red lined and the last 3 crosses have led to great trades - ready for it to go again and re test lows

eshy

Would scale in slowly but decent RR here

eshy Updated 

Back in the broadening descending channel? Could be a great short setup - SPX looks poor as well, could work well together.

eshy Updated 

Pairs well with my current SPX outlook. Potential bear flag here on lower time frames, back in our old broadening channel.

eshy Updated 

Could def happen.

eshy

Under resistance, daily shooting star

eshy

SPY closed up a bit more bearish than SPX today. stochRSI pretty much red lined at over sold here, daily KJ holding flat. Took the put today, will monitor closely. If we clear this level $263/4 makes sense to try again

eshy Updated 

A lot of signs point to $256 or $257 as a target, perhaps even for tomorrow. Volume gap means we can see it fast, it's the .382 fib retrace of our recent down trend, 1D KJ there as well as S/R. Riding today's calls through tomorrow with that as a heavy TP zone. Bull Flag today set's a target just below here as well If I remember correctly.

eshy

Post goes with weekly chart posted last night.

eshy Updated 

Post in addition to prior post of 1W chart