看多

Prep for the week - SPX short lived rally

已更新

A rally for a few days to complete the 4th wave makes sense with the new month and good news from the government. Target is 4340-60 and then we should have a final move down to 4200 to complete the downward structure.

Good luck!

註釋

good morning, it still looks like a B wave. Maybe a flush at open and then a buy at the trendline again

註釋

If it's a B wave, it may be done, not sure yet.

註釋

AAPL at resistance here, I'm thinking we go down more, but let's see how tech responds.

註釋

RTY at support level.

註釋

2nd tag of structural trendline

註釋

organized selling. if correct and B is done, C is next. over 4300 is the goal for bulls.

註釋

tech is positive. watch for that to lead if it rallies

註釋

this level needs to hold, the red line has been support twice. Underneath it becomes resistance. So far holding.

註釋

winding up. one more low possible, but red trendline is still holding strong.

註釋

although it's possible we go lower, I think the mid time frames are hinting at the up move right now. we'll see how it looks tomorrow - have a good evening.

註釋

one more low made, now or never for bulls.

註釋

potential bear trap, structure still holds.

註釋

nope breakdown, should be a strong move after the consolidation.

註釋

confusing market can't tell if it's a real breakdown or not

註釋

qqq at support, i see signs for both bulls and bears. Going to sit it out till I see what goes on from here.

註釋

test of channel, a little higher but I think it's a short to 4200 area.

註釋

rejection

註釋

watch for a secondary test, it's possible to take out shorts.

註釋

it's possible the downmove is over for now. They have to get over the trendline which was support to make it more clear. We'll see tomorrow!

註釋

good morning, they are over the trendline, a pullback to it this morning (if it comes) is a buying opportunity I believe. Good luck!

註釋

objective buy area with a tight stop.

註釋

Tech now showing strength at support.

註釋

could be this support line is where the market is held. *\Under the morning low and it's going to 4200 and lower.

註釋

qqq still holding support, a break below and it's going lower.

註釋

SPX resistance area again, Not sure what is happening, Needs to clear the previous tops. Very trappy today.

註釋

rejection so far, if we keep selling, the blue trend line may be target area. Tech still holding up very well - buyers coming in there.

註釋

back to resistance, it may be this, start of a larger ABC.

註釋

looks better, if they breakdown under support it will be false.

註釋

rsi bothers me, watch for a false breakout - like this. also could just keep going up but i think being careful now that stops are taken out is smart.

註釋

no false breakout,so we continue to climb higher today. TOmorrow may be a pullback for B

註釋

very tricky. My feeling about the rsi being odd seems correct. I think we've completed A and now we are going to finish B into the close. C up after that. If wrong I will update...