Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
The 15 min VWAP has held up the market all day...
https://schrts.co/FAmqdGdu
Maybe a little REZ level here???
https://schrts.co/TUkInBMW
5141 is the 4 hour SPX target, the 50MA. Sure no selling today. In fact SPX has hung around the Highs all day. Maybe Monday??
https://schrts.co/dwcWMRSk
$SPX......10......Daily....trend HH...
10..
https://schrts.co/VbCjZzRa
Daily
https://schrts.co/gAQJngIF
$TNA..........Daily....Trend HH....
https://schrts.co/TbvMAivb
RE-RE-$SPX......10....60 + DAILY...OPINION.....
10.zig.
https://schrts.co/kAhYRYtt.
60 . Top is H.Line .R1.....
https://schrts.co/uXtqNYxC
Daily...ZIG................................. look like R1 today IS the ladder the market will climbs up up ABV R1 to A.T.H..OPINION.. if ...weekly end low number HOLD...?
https://schrts.co/nYUuCapF
Glen
Pretzel Update: Bulls are in control......... They are looking for 5184 and more..........
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174309473
$EEM....10.....FILL ...GAP......40.61
https://schrts.co/NdGSnsme
$UPRO......10......RISING....
https://schrts.co/wAThxEwB
$VIX.....30......will fill today GAP....?...will see..
https://schrts.co/hUnKgnRs
4767 is the Monthly SPX target, the 10EMA...But Monthly signals takes a while to hit...if they hit..
https://schrts.co/TrGKGzFU
4954 is the Daily SPX target, the 100MA. We had such a big drop at the start, price might to bounce some ..Or we could have seen the LOD..Will watch for that signal. The 15 min chart is OS, so may get a ramp to reset it ?
https://schrts.co/xUbHDqRa
$CPER.....Daily......
https://schrts.co/EepYAyWV
$SILJ Daily look like a bull......
https://schrts.co/fnPSnGXF ...
GDX 30........FILL GAP...
https://schrts.co/gderTXcK
IAU 30.....PULL BACK from suddenly Drop GOLD ...
https://schrts.co/AvcJxXtf
RE-$SPX......10....60 + DAILY...OPINION.....
10.zig.
https://schrts.co/kAhYRYtt.
60 . Top is H.Line .R1.....
https://schrts.co/uXtqNYxC
Daily...ZIG................................. look like R1 today IS the ladder the market will climbs up up ABV R1 to A.T.H..OPINION.. if ...weekly end low number HOLD...?
https://schrts.co/nYUuCapF
Ron Walker charts show resistance at 10
Possible hanging man candle today
Could be a Lower High today
OK, will keep an eye on it..We may have reversed for the day but still have 1 1/2 hours to close...Anything can happen.
The 60-SC-2 has now been delayed until at least Monday at the 2nd hour.
If we confirm the Daily D-S-2 today and then drop tomorrow back into a Daily Bear Cycle we could get the extreme overdue D-1 confirmed Monday at the close.
Then Tuesday could be a huge upside move with the 60 min, Daily & Weekly all pushing it up.
We just need to stay below the Weekly UTL (currently at 5132.54) until the close on Friday.
Thanks north.. Still a few Guru's that are bearish...Maybe they won't be a guru much longer,,::)
Glen
Note: Losing those close to us is one of the most difficult things to deal with, positive thoughts go out to you Glen....
Pretzel Update: Bulls do seem to be back in control......
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174295178
The Daily D-SC-1 got confirmed today at the close, so the next Daily cycle has to be a Bull Cycle.
Tomorrow hopefully we get a pull back, I'd like to see the Weekly W-S-1 get confirmed on Friday, then we could blast off on Monday.
If the 60 min 60-SC-2 gets confirmed on Thursday, along with a Daily D-S-2 (Bull Cycle). They would have to exceed their projections for the W-S-1 to get negated.
If they fail to negate the W-S-1, then we could see a large drop into a new Daily Bear Cycle, and then the Weekly W-E-1 (Extreme Overdue) could come into play.
So if we can hold off on the 60-SC-2 (Extreme Overdue) & D-S-2, and get the W-S-1 confirmed at the close on Friday. Then Monday could be a huge upside getting a new Weekly Bull Cycle confirmed. All four of the Daily Bull Cycles are due between 4/30/24 to 5/25/24. There is 1 Weekly Bull Cycle currently overdue, another coming due 5/1/24 and 7/29/24. If the W-S-1 gets confirmed, that leaves only the W-E-1 (Extreme Overdue) on the bear side. So we could see new ATH in May.
Looks like the Bulls are back in control of the market..Once they do, they are hard to stop.So almost every call I have made today has been wrong..Probably should just take the rest of the day off.
5041 is the 60 min SPX target, the 10EMA
https://schrts.co/NPzJwyQN
Looks like I "possibly" missed the call on the HOD...:::)
The Weekly W-S-1 right now has a 50% chance of getting confirmed. It's currently within 60 points of getting negated.
The 60 min 60-E-2 (Extreme Overdue) is likely to be confirmed at the close of this hour, then there is the possibility of a 60 min 60-SC-2 (Extreme Overdue) getting confirmed on Thursday. The 60-SC-2 will have to exceed it's projection to negate the W-S-1.
So if we go straight from here to the 60-SC-2, the W-S-1 will likely get confirmed.
If we get the 60-E-2 confirmed and then drop to a 60-S-1 (Extreme Overdue), which will reset the 60 min bull cycle projections, and then back up to confirm the 60-SC-2 by Friday close, then the W-S-1 will likely be negated.
Possibly the HOD is in. but need to get back below 5055 for better chance of more down...
The SPX daily 10EMA target has been hit..Signal from yesterday..
https://schrts.co/bqDrDFts
$SPX......2x10....+ DAILY.....
10.zig.
https://schrts.co/kAhYRYtt.
10.H..line
https://schrts.co/aVgKBZdj
Daily.
https://schrts.co/nYUuCapF
The 15 min SPX 20MA target was hit...Got the HOD call correct also..
https://schrts.co/QywKDcsf
UPRO......10.....+ Daily......left open GAP dn.Today...will fill it when....? OPINION..
10...
https://schrts.co/qtvuqQWP
daily..
https://schrts.co/YtaBMgVd
5007 is the 15 min SPX target, the 20MA..... However there is only 27 mins to closing and biggest volume period also...So who knows,,,
https://schrts.co/jJcSemRJ
$VIX.....Daily...trend ...LL ...under...17.21 Support...today...OPINION...
TOMORROW...VIX ...DAILY...TREND..WHAT.....?
https://schrts.co/SWSzWuAb
UPRO......Daily...trended HH today...not a BULL MARKET ...BULL MARKET CLIMBS .ABOVE ...R....I do not see any R esistance do you see one????.....
only see trend daily HH....tell you guru and see what he will say ..let me know..?
https://schrts.co/vjdcbzJR
The SPX HOD may be in...Time will tell..
https://schrts.co/GDNEExhB
According to one guru I read, the Bulls are now back in control....
The Weekly opened today as an UNCONFIRMED W-S-1 (Overdue) projected low 4971.09, the low has been exceeded. For the W-S-1 to get confirmed the Weekly must remain below the Weekly UTL (currently at 5117.56) until the close on Friday (4/26/24). The low will be due 4/26/24.
Right now the Weekly indicators remain in W-S-1 territory, so at this point the odds of the Weekly continuing down into a W-1 is slim. For a new Weekly Bull Cycle to get confirmed this Week which would negate the W-S-1, a 60 min 60-SC-2 (Extreme Overdue) will have to get confirmed. The 60-SC-2 has a current projected high of 5122.81. So the odds of the W-S-1 getting confirmed this week are high. If the W-S-1 does get confirmed the Weekly Bull Cycle projections will be reset.
Glen
Pretzel Update: Pretzel says he is neutral on direction here and suggests that one let the Market tell us what's next........
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174283033
The 60 min has confirmed a 60-SC-1. Due to the 60-SC-1 confirmation a UPRO Buy Signal is currently active price target 55.23. Also a SPXS Sell Signal is active price target 12.59.
This is the 7th UPRO Buy Signal of this UPRO Bull Cycle, the average is 2.82 buy signals per cycle.
I can only add 5 UPRO positions (100 shares per position) during a UPRO Bull Cycle. I have already added 5 positions during this cycle, so I will have to wait for the cycle to end.
A couple of guru's I read also say a bounce here..5010 needs to reclaim for possible more up.
MACD needs to cross BELOW zero for a strong down move...4984 remains the Weekly SPX target, the 20MA
https://schrts.co/XrZDUpwW
5058 is the Daily SPX target, the 10EMA but just barely a valid signal. But we do have the signal so I have posted it..
https://schrts.co/KtNcCUDb
Great question and I do not have the answer. Usually when things look their worst the market rallies.
Glen
Do you see trillions of profits taken from the stock markets
The AI stocks fell 8% in since the top
Are traders leaving the market
Bloomberg says traders leaving in mass due to high valuations and inflation
They will take Trillions of profits out of markets
Ron Walker gets a lot wrong and is calling for bounce here
I will wait on TNA
Glen's system:
For this system, I use the 10EMA, 20SMA, 34SMA,50SMA,100SMA, 140SMA and the 200SMA.
I use CCI10,20,34,60 and 100..
The system hit targets more often when going with the trend...
The targets are for the MA's at the time they are called and the actual target price when hit may be slightly different depending on how long it takes and how steep the MA's are moving..Each time frame update will also change the value of the MA.
So here is the way it works..Starting from a top...This works in ALL time frames from the 1 min to the monthly..
When CCI10 drops back below +100 price moves to the 10EMA
When CCI10 crosses below zero price moves to the 20MA
When CCI20 crosses zero price moves to the 34MA
When CCI34 moves below zero price moves to the 50MA
When CCI60 crosses zero price moves to the 100MA
When CCI100 crosses zero price moves to the 140MA
When CCI100 crosses below -100 price moves to the 200MA.
When CCI272 crosses zero price goes to the 320MA.
when price gets above all the MA's I use then you move to the next longest timeframe for targets and signals
Then you just start the system in reverse when CCI10 moves back above -100..
* After price gets above all the MA's on every time frame then you can not call any more up targets.(Monthly Chart is the longest)....You have to wait for CCI10 to drop back below +100 for a down signal on any timeframe.
** Use same instructions in reverse for opposite direction market movements
*** In strong market moves, countertrend moves will be difficult to hit
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |