SPX - The grind continues - plus AAPL, TESLA, AI, GEO, Nat Gas

Didn't get what I wanted to see today, that's trading for you. The possibility that we keep grinding higher for a week or more is certainly viable after today. Above we have the following - daily BB at 4190, Weekly BB at 4180, 100 weekly ma at 4215 and Monthly 18/20 at 4190 and 4210 respectfully. Some stocks like Tesla and AAPL seem to want to go higher after today and other stocks I'm watching also want to get a bounce. So there you have it, I was expecting something more but the market is simply not ready to drop. More grind will likely continue, even if we sell off tomorrow. I will keep watching and waiting for a definitive move down.

Good luck!

評論:

I'm seeing a triangle here - not sure which way it breaks.

評論:

if it drops, triangle target is 405 on spy

評論:

hourly rsi already at it's lows, I'm still expecting one more high to test the resistance points mentioned in the video. We'll see at open.

評論:

18ma on daily reached. If they lose it, expect a rally up to test it sometime today.

評論:

weekly chart, another tag of that upper BB last night

評論:

vix

評論:

uptrend on SPX coincides with 18ma, needs to break that support otherwise we go higher again.

評論:

no break of 18ma, market won't break until it's taken out. Maybe today, maybe after more highs, not sure.

評論:

market broke 18ma, next support lower BB at 4030. Any bounce to 18/20ma is a solid short opportunity, if they get it up there tomorrow.