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.

Monday, May 19, 2025

SPX

All the charts look very bearish. Just needs a catalyst. I guess Moody's downgrade of U.S. credit rating wasn't good enough as a catalyst. But note that a bull trap/fake-out may be in play.

SPX-DAILY II


SPX-DAILY I


SPX-240MIN


SPX-120MIN


SPX-60MIN


SPX-30MIN