Prep for the week - SPX short lived rally

1 thg 10, 2023

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!

2 thg 10, 2023

Ghi chú

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

2 thg 10, 2023

Ghi chú

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

2 thg 10, 2023

Ghi chú

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

2 thg 10, 2023

Ghi chú

RTY at support level.

2 thg 10, 2023

Ghi chú

2nd tag of structural trendline

2 thg 10, 2023

Ghi chú

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

2 thg 10, 2023

Ghi chú

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

2 thg 10, 2023

Ghi chú

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

2 thg 10, 2023

Ghi chú

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

2 thg 10, 2023

Ghi chú

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.

3 thg 10, 2023

Ghi chú

one more low made, now or never for bulls.

3 thg 10, 2023

Ghi chú

potential bear trap, structure still holds.

3 thg 10, 2023

Ghi chú

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

3 thg 10, 2023

Ghi chú

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

3 thg 10, 2023

Ghi chú

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

3 thg 10, 2023

Ghi chú

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

3 thg 10, 2023

Ghi chú

rejection

3 thg 10, 2023

Ghi chú

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

3 thg 10, 2023

Ghi chú

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!

4 thg 10, 2023

Ghi chú

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

4 thg 10, 2023

Ghi chú

objective buy area with a tight stop.

4 thg 10, 2023

Ghi chú

Tech now showing strength at support.

4 thg 10, 2023

Ghi chú

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

4 thg 10, 2023

Ghi chú

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

4 thg 10, 2023

Ghi chú

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

4 thg 10, 2023

Ghi chú

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.

4 thg 10, 2023

Ghi chú

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

4 thg 10, 2023

Ghi chú

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

4 thg 10, 2023

Ghi chú

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.

4 thg 10, 2023

Ghi chú

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

4 thg 10, 2023

Ghi chú

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...

4 thg 10, 2023

Ghi chú

new video - dips are getting bought, so a corrective phase looks like it has started. Tech especially should be the top gainers

4 thg 10, 2023

Ghi chú

upper channel area reached