SPX-DAILY II
SPX-DAILY I
SPX-240MIN
SPX-120MIN
SPX-30MIN
SPY-15MIN
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.
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.
Sunday, November 24, 2019
Sunday, November 17, 2019
Thursday, November 14, 2019
Tuesday, November 12, 2019
Sunday, November 10, 2019
Thursday, November 7, 2019
SPX
The slow and gappy grind up taking place is a sign that a fast drop is coming. Almost daily, we are seeing price gap up and move sideways to down the rest of the day. This is a sign of exhaustion as buyers are not there to make it a breakaway/runaway gap. So right when the market opens it is done for the day (with boring price action the whole day). This is a sign of weakness because there is no upside momentum. Therefore, expect a big drop soon. The market is just waiting for the catalyst. It is likely going to be related to President Trump's impeachment hearing starting on Wednesday next week or something he (or his intentional friends) will say and/or do to distract and pull attention from the hearings (since things are not looking good for him on that front).
The charts are looking very bearish but bulls are still fighting. The catalyst will change all that in an instant because I believe it will happen suddenly and unexpectedly.
SPX-DAILY
SPX-240MIN
SPX-120MIN
SPY-15MIN
The charts are looking very bearish but bulls are still fighting. The catalyst will change all that in an instant because I believe it will happen suddenly and unexpectedly.
SPX-DAILY
SPX-240MIN
SPX-120MIN
SPY-15MIN
Sunday, November 3, 2019
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