Bias is up, and "risk on" trades likely catches up this week

21 thg 1

Fomo Friday will probably continue into Monday. My guess is risk on assets - IWM and Crypto will likely get bid hard while SPX and QQQ consolidate and take a breather. Gold needs to hold 2k otherwise it will probably dump hard. Oil has made no real decision yet, but XLE looks like it will rally back to it's channel. TYX is rising, but so far the market doesn't care. A pullback on TYX would continue the rally on SPX. BTC may sell off a little more, but then I think it also rallies as part of the risk on trade.

Good luck!

22 thg 1

Ghi chú

Good morning, 4 hr rsi on futures is already in the overbought area. With bearish divergence here and on the daily chart, it's possible we get a pullback to 4800 for a few days.

22 thg 1

Ghi chú

SOXX slightly out of it's channel pre market

22 thg 1

Ghi chú

IWM already above 194. 198 gap fill is the target.

22 thg 1

Ghi chú

open should move up

22 thg 1

Ghi chú

hourly RSI is quite low, I expect more upside.

23 thg 1

Ghi chú

Good morning, SPX overnight simply consolidated while RTY gained almost 1 percent. IWM will fill it's gap today for sure. On SPX and SPY we should see more upside, maybe we get to or close to 4900 today.

23 thg 1

Ghi chú

IWM gap filled but can go higher.

23 thg 1

Ghi chú

hourly RSI looks like it will continue to break up into tomorrow

24 thg 1

Ghi chú

good morning, 4900 area reached pre market. We are now 4 days pushing against the daily BB, 4-5 is usually max. Daily RSI now showing nice bear divergences and above the 70 level. This is an area where pullbacks can occur, but a thrust up after the numbers tomorrow is still very possible.

24 thg 1

Ghi chú

triangle from yesterday "may be" a wave 4, not sure. Anyway the hourly rsi is now fully reset with bear divergence. We may see some sort of correction after the open. SPY SPX

24 thg 1

Ghi chú

open should pump a little, but i think it will come down after.

24 thg 1

Ghi chú

si on 30 minute telegraphing a pump into EOD. SPY SPX

24 thg 1

Ghi chú

IWM and DJT are both weak against the general market.

24 thg 1

Ghi chú

Vix is positive on the day

24 thg 1

Ghi chú

support shelf reached, but this is strong selling.

24 thg 1

Ghi chú

new video I will update there -

25 thg 1

Ghi chú

TV hid my last idea because it went against their rules - fine.

Here's what it looks like pre GDP (830 am). Hourly rsi needs a reset, so GDP going up is likely. How much is hard to say, but I think something like this for today.

25 thg 1

Ghi chú

Objective short.

25 thg 1

Ghi chú

too high for a 2nd wave, so it's either a B with a C into tomorrow or we just go to new highs.

25 thg 1

Ghi chú

hourly RSI is still too low, I think it will push up and get a new high today. Tomorrow may be different.

25 thg 1

Ghi chú

bizarre day, but i still think this is likely going higher tomorrow or overnight to get more bear divergence on the RSI smaller time frames. SPY SPX

26 thg 1

Ghi chú

Good morning, mid time frame RSI was too low yesterday and it will likely be reset today. I expect 4920-40+ today. If they get there quick, we could see a rug pull.

26 thg 1

Ghi chú

already breaking out -

26 thg 1

Ghi chú

XLE following the plan. I still don't trust Oil

26 thg 1

Ghi chú

if they start breakdown down below 4870, there's something wrong with the analysis. Tech is very weak and may drag down the rest of the market.

26 thg 1

Ghi chú

they lost the breakout, but as of now there's no real breakdown unless they get under the lower yellow line. RSI still low to me, so I'm considering this still in consolidation mode unless they get SPX under 4860.