S&P500 settling here comfortably under prior weekโs 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.
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 โdead cat ๐โโฌโ 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.
Participants may buy at 4256 and create a โdead cat ๐โโฌโ 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.
Very good close for bears . If we close below 4330.
Those who bought so close to last weekโs lows, not so smart.
Now 4335.
Those who bought so close to last weekโs 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 ๐๐
Be careful at this point I wonโt 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 ๐ 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.
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.
A sharp buying at my 4256 level given last night. Buying intensified as more and more iPhone 13 PRO MAX became available of which I was able to snag one too ๐ค
Looking ahead, S&P500 may run into headwinds. Unless we can close out above my 4403, the downtrend is intact. Now 4366.
#spx #aapl #trading #bitcoin #crypto #cryptotrading
Looking ahead, S&P500 may run into headwinds. Unless we can close out above my 4403, the downtrend is intact. Now 4366.
#spx #aapl #trading #bitcoin #crypto #cryptotrading
Asian markets have opened very strong . I assume due to the new Covid pill ๐ by MERCK. This is leading S&P500 to float too.
However me thinks, itโs just an over hang from Friday.
Real move will come tomorrow morning in Chicago session. Now 4361.
However me thinks, itโs just an over hang from Friday.
Real move will come tomorrow morning in Chicago session. Now 4361.
Watch RBA rate decision at 1130 in night . These thugs have been cornered and I doubt they will be Uber dovish. Market expects certain degree of hawkishness. However their tone and degree of hawkishness may set tone of S&P500 later tonight and certainly tomorrow.
Now 4284. If you expect comfort from these thugs CB, you will be disappointed โน๏ธ .
Now 4284. If you expect comfort from these thugs CB, you will be disappointed โน๏ธ .
10/5 plan:
1. Tremendous buying over night due to less than hawkish RBA plus some contrarian signals from FED and Dennis. Now 4315.
2. Looking ahead, expecting a failed breakout of 4320 resistance and fall back in balance for a retest of overnight lows 4268.
1. Tremendous buying over night due to less than hawkish RBA plus some contrarian signals from FED and Dennis. Now 4315.
2. Looking ahead, expecting a failed breakout of 4320 resistance and fall back in balance for a retest of overnight lows 4268.
Market has disagreed with us and continue to rally past 4320 with only 5 point of failed ๐จ breakout โฆ
Now 4356
While tactically short term long on this break, I am not convinced markets will find any relief longer term below 4403. My target is 4256, and after a close below 4256 I expect 3980.
Now 4356
While tactically short term long on this break, I am not convinced markets will find any relief longer term below 4403. My target is 4256, and after a close below 4256 I expect 3980.
Yesterday was an inside day within Monday which was an inside day within Friday.
I am expecting a 200 point move within a matter of days if/when we achieve a close below the inside zone or above the inside zone. Now 4287.
Yet again orderflow has proven its a superior methodology from my 4356 yesterday. Down now 100 points on 1.5 point MAE. HOD was 4358. In September alone we are down 300+ points when I became super bear ๐ป on close below 4517. I have stayed consistently bear while others flip flopped, killed buying the dip.
I am expecting a 200 point move within a matter of days if/when we achieve a close below the inside zone or above the inside zone. Now 4287.
Yet again orderflow has proven its a superior methodology from my 4356 yesterday. Down now 100 points on 1.5 point MAE. HOD was 4358. In September alone we are down 300+ points when I became super bear ๐ป on close below 4517. I have stayed consistently bear while others flip flopped, killed buying the dip.
If we do not close below 4256 today, we will trade 4600 by November end.
Now 4280.
#ES_F $SPX $NDX $SPY $ES_F
Now 4280.
#ES_F $SPX $NDX $SPY $ES_F
THIS IS 4TH Inside day. Bulls have edge ATM unless lows from Friday taken out.
Orderflow is bullish on #bitcoin on any pullbacks into 47-48 with LIS below 45.5
Our target is 75000 dollar
Now 54
Our target is 75000 dollar
Now 54
#NFP numbers today prove one thing w/o a shadow of doubt: inflation is out of control and about to get worst.
Same 500 companies are competing for these 190,000 workers AND paying them much more.
Gold $GC_F is the tell. We have been bullish on every dip. Now $1775. My $GOLD target is 2500. NEM target is 106 dollar (now 53).
RE: $ES_F I was bearish at close yesterday at 4403. 4403 has capped each and every rally attempt trading as low as 4380 in the night. Now back up to 4403 , I presume to take out some stops at 4410 ๐ค
Same 500 companies are competing for these 190,000 workers AND paying them much more.
Gold $GC_F is the tell. We have been bullish on every dip. Now $1775. My $GOLD target is 2500. NEM target is 106 dollar (now 53).
RE: $ES_F I was bearish at close yesterday at 4403. 4403 has capped each and every rally attempt trading as low as 4380 in the night. Now back up to 4403 , I presume to take out some stops at 4410 ๐ค
Very heavy volume to break the over night lows. Could be a trap ๐ชค unless driven by some news.
Now 4376.
Now 4376.