S&P 500 E-mini Futures
Updated

Next Week Expected Move ($32) and Gravity Points + Extra

210
Think we're going into a melt up. Powell all but confirmed a rate cut. Last week I mentioned watching Bonds closely, and that played out well.
I've had a long term target from 2017 coming into play here, we'll see what happens and if technicals remain relevant over longer time frames.
Earnings next week can shift the narrative either direction. I think much has been priced in, both bullish and bearish.


Last Week's Post:
S&P 500 Expected Move ($33.75) and Gravity Points


Extra -
Unfilled Gaps:
SPX Unfilled Gaps

Value Line Geometric Divergence:
Value Line Geometric Index vs. SPY Negative Divergence on Weekly

HYG/TYX Divergence:
HYG/TYX Ratio Chart

Small Caps Look Interesting:
IWM/SPY


Note
SPY 2hr Trend SDs
Note
Hanging on for dear life on this 3rd SD.

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