Enlarge any chart by clicking on it.

Unless otherwise specified, ALWAYS use the 15min chart to enter my recommended plays because
CONFIRMATION is a MUST.
In other words, you need to see a 15min candlestick that CLOSES beyond
the entry point, then enter when it moves 10cents after the high/low of that candlestick.

Friday, October 6, 2017

SPX WEEKEND UPDATE

A CRASH IS COMING:
It is really amazing how relentless the bulls have been. Nonetheless, I believe we are going to see a massive drop take place very suddenly and without warning. I believe this constant rise taking place is a bull trap. There is trouble coming. So I will just have to watch and wait given that all bearish setups (including intraday) are not working. The bears are just too weak. They need a catalyst otherwise they are no threat to the bulls.

SPX-WEEKLY III


SPX-WEEKLY II


SPX-WEEKLY I


SPX-DAILY II


SPX-DAILY I


SPX-60MIN