Folks: good open to the week we slide 30 handle per post above first hour of new trading week 🤔🤔

I am not yet seeing signs of buying on DOM tape ..

I will send warning ⛔️ once I see some signs

Now 4515

Heavy volume at the lows..

Indicative of more selling unless we now trade back above 4517

Now 4504

Folks:

As suspected, market was too saturated at 4434 and found sellers to close the session at 4466 (YW for 80 points given by me today)

Tomorrow my take is sell.

Sell if we open or offer below 4447. My target is 4403.

If open is above 4447 or we don’t offer below 4447 by 10 am, I am inclined to buy dip, targets 4490 and then 4500.

Feel free to share so the likes of Mark stop being needy all the time 🤔🤔

Folks:

Last week I provided 150 points in S&P500 market. This next week, we gonna use a Time Based Strategy (TBS) versus a strictly Price Based Strategy (PBS).

Read on..

1. If by Tuesday RTH close we do not close below 4357, I wanna be bullish S&P500 with targets 4510.

2. If we manage a close below 4357 on or before 9/21, 3 PM CST, I wanna be bearish , targets 4308 (and much lower)

3. Now 4408

Feel free to share this plan with other traders like ur self 👍

4308 weekly target ~ met ..

Beyond 4308 level, we will enter cuckoo 😜 market. No decent support until 4160.

4300-4308 handles should offer comfort to S&P500.

LIMIT DOWN at 4110 but I don’t think we get there (not today)

BIG FED day! BIG market anticipations!

Conflicting signals on tape. Possibility of an upside move BUT not before a dual auction shakeout ..

Now 4392.

Urge caution ⚠️

As promised.. I favor a dip into 4330’s for dips .. a close below 4330 is negative. Alternatively, a close above 4411 today will surprise 😮 me..

Now 4390..

Prices are now what may be called quite unfair & extended for the st auctions.

A confirmation is required of either a close below 4447 today or a Chicago session open/offered tomorrow below 4447. A retest of 4338 not ruled out.

Now 4455.

Balance trading conditions right now , mild orderflow, slightly favoring the bull above 4417.

Now 4430.

Next 3-4 hours or so may define the day/next week.

Lot of sleuths 🕵️‍♀️ at the AAPL stores globally , they will begin sending reports from the activity at the retail stores (new iPhone day) .

S&P500 will begin making its main move around 12-1 PM today and set the tone for next 5-10 days.

Folks:

As promised, here are my thoughts 💭 on S&P500:

1. 4308 was my target for a long time since late August around 4550 which was finally met prior week, leading to a sharp buying at my key orderflow level.

2. Looking ahead, 4472 is a key level. Any bullish auctions have to happen above it , not below it.

3. With that said, I expect an early test of 4423 this week and if we close below 4403, we are looking at far lower prices, 4308 and beyond. Now 4455.

4. On flip side, a D1 close above 4472 establishes bullish move, reaching for 4510-4522.

5. Feel free to share this plan with traders like your self.

Good morning folks:

We are about to open, it seems, for Chicago session business around 4390. This is the SOC (scene of crime ) from last week’s disastrous and lie ridden FOMC. We are also now about 100 handles down from my 4472 weekly #orderflow pivot (SOLD WHEN ALL BOT ™️®️©️).

Here’s few thoughts going in:

1. This doesn’t seem to be a technical driven auction. Investigate what’s going on.

2. If it is indeed flow induced swoon, 4390-4403 support may not hold for long.

3. If it folds, we should prepare for an eventual retest of lows from last week 4290-4338. Now 4403.

4. For those favoring bullish auction today, I would say leading stocks MUST step up for bullish action. That means #AAPL bid above and beyond 147-148 (BTW we cut it at 146, stock is now 143). #TSLA bid above 796. This will deflate the bears and add fire 🔥 to S&P500 4510 narrative.

#stocks #trading #markets #SPX #SPY

As expected we are now down into 4350, 60 handles off my AM post.

Powell and Yellen must try harder and lie more than average today for S&P500 to close here around 4350-4361. For if we close below this, high chance imo we trade 4256 by Thursday.

#SPX #SPY

S&P500 settling here comfortably under prior week’s FOMC Scene of Crime (SOC). This emboldens new bears unless we soon close above 4403 (in a day or two).

Risk to downside remains. Key level on downside is 4256. Now 4371.

Very early for orderflow to get bullish now at 4308. Orderflow needs more confirmation.

Participants may buy at 4256 and create a “dead cat 🐈‍⬛” bounce..

However we believe a D1 close below 4256 this week or early next week opens doors to 4080-3996.

When buyers do appear, they will show up on tape/orderflow before they show anywhere else.

Bears can not drop ball here. They can not and must not allow the S&P500 market to breath an inch above 4320. Now 4320.

Tactically inventory may be too short here at 4330

Looks like inventory balanced. Now 4330.

Very good close for bears . If we close below 4330.

Those who bought so close to last week’s lows, not so smart.

Now 4335.

ISM manufacturing up. Market loving it (so far). But construction spending sharply down. Which neutralizes the former. Not sure why the celebrations 😂😂

Be careful at this point I won’t put it past these thugs to cook the ISM and consumer numbers , even lie to support S&P500 here. The plan is to sell to the sheep 🐑 some more.

May be they balance the session out today now only to pull the rug next week. They want 3980. Once we get to 3980, we are in good position to close the year at 3552. Now 4299.