VIX calls for next week? good spot to put on some protection perhaps.
We may be in the early stages of a pullback from recent highs. 348 is one potential downside target.
SPX further weakness off todays high should present a buy opportunity near the support area. We potentially see a bounce to new ALL TIME HIGHS
AAPL after a false breakdown out of the broadening formation is back inside and at a good spot to take some off the table
SPX labeled the way I view current market structure. Labeled with (???) where i may be wrong. RSI bullish divergence is present on short term charts.
61.8% retrace... good as any spot to look for a bounce
QQQ Held Key support spot. If we are going to see a bounce it will be here.
Still need to see price get back in the broadening formation. If so, we can go to 118+ If not bias still lower
1) We just put in a higher low and will now bounce to upside target. 2) Fall to 150 coming I think higher low but price will let us know soon enough
For price to move back to the top of the broadening formation it first has to get back into it. Spec long for that scenario happening. If price cannot than a move to 101 area is likely.
CCL - If yesterdays low holds this looks like a move over 18 is coming!