This update will be quick, Im very lazy this weekend. ES short term was already posted earlier today. There are 2 pathways Im following: 1 - H&S pattern, visible on the chart. That pattern if triggered will make full 5 down into early next year low to finish the whole move down from Jan high. (Fits perfectly with VIX sky rocket from its below 20 level) 2 -...
As you can see there is a lot of confluence at 3970 level (This chart become quite busy with the trendlines) If we do gap down tomorrow below 3970, I will be looking to buy 3928-39SPX level for a broken trendline test, if not more. This chart is similar to the ES, but has a higher level of support, so they have a bit different short term look one from another to...
Touchdown on that target! All targets got satisfied! No more current upside targets, need a retracement at min. May 1st could be the highest week for this year
Getting close to the perfect touchdown target! #NDX and #SPX have been in consolidation mode since Mar 31st. No need to be always in trade; cash is a position too!
Quick is one of my fav coins! I have added it back at 76 and now it's up 30%
As long as this trendline holds, Cooper should push up for one more high. This should hold together with the maj indexes or it will really start crashing soon. I think it's not there yet!
Here is our pump, markets should follow, ideally after the next week’s low
To all the perma bulls out there, look at bonds, there won't be any pivot till higher interest rates at or above 6%. Bonds risk-off is the most important out there, as the bond market is much bigger than the stock/indexes market. Something will have to give, either bonds or the markets...
The main resistance is at 12805 to 12900 There is an extension to 13500, in case it wants to extend. Biden is travelling to Poland on the 20th, and it's a long weekend. There are some rumours about Poland attacking Belarus before the 25th. Something big is coming from now till July of this year. This high in Feb/Mar might be "the high" for the year... Have a...
This is one of the charts bulls must pay attention to!
This chart was updated and posted last night, a perfect range trade for the NQ We did an amazing long trade this morning! A huge swing trade setup is coming up today/tomorrow
The chart is self explanatory. We expect a buyable low in near future for another push-up into Mar high. The most dangerous time window for this year is May-July
Can make a new low here but above the broken trendline. Some interesting development is happening under the hood there, be careful if long the markets after this week!
The fakeout move in indexes was spotted since mid of Jan! Had a weekend update with the next 2 weeks' pathway and going into the Mar. UVXY is one of the tools to watch as well as DXY and bonds
Working on my main SPX/ES update, so this will be quick. Tomorrow am should produce a buyable low IMO followed by a good bounce. From where I expect a first temp low by Tuesday, another bounce and down into the next week. There is also a possibility of another move to above 13000 to even 13500+ in Mar time, but that was mentioned in my tonight's NQ/NDX...
I have only one extension - 2032.2 We have a high probability target at 1900 by the mid of the month. Which should hold for another push into Mar high, possibly just a lower high. I don't want to be long after the Mar high! It's a warning signal! Have a good weekend
Tested from the top, it might test again on Monday, but this is a very big warning signal for the bulls short term!