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On Wall Street Week they said that the S and P today’s High is what some analysts are predicting for the Year End
Thanks north.LOve to see those bear moves happen.
I think the only thing I got right today was the HOD call was correct...But not by very much..15 min chart Very OB could have some down Monday?
SPX Cycles Long Range Projection Chart. Today the Weekly confirmed a new Bull Cycle (W-S-2) projected high 5353.73, the high is due 5/10/24. However, today at the close the Weekly is currently in W-S-1 (Weekly Short Bear Cycle) territory. So it's possible the Weekly could open Monday in an UNCONFIRMED W-S-1. For the W-S-1 to be confirmed the SPX will have to open Monday below the Weekly UTL (currently at 5137.13 and remain below the UTL until the close on Friday. If the W-S-1 is confirmed at the close on 5/10/24, the projected low will be 4852.34, the low will be due 5/10/24. However, with the 60 min 60-SC-2 (60 min Bull Super Cycle) extremely overdue with a projected high of 5182.27, I doubt the W-S-1 gets confirmed next week.
Unfortunately that’s where we’re at. Sinking ship with the orchestra playing. Cheers!
Right. Life and death situation...I hope I never think of the market in those terms...
As the Titanic was sinking, the orchestra played on.
60 min SPX chart price is right at the 200MA..Sometimes that can be strong REZ/SUPPORT....the 320ma is just a few points higher.
https://schrts.co/DazrMRDf
Nothing would surprise me. But as I remember reading that when rate cuts start the market usually goes down as it is a sign of economy slowing. Still a tough market to trade.
5095 is the SPX 60 min Target,the 10EMA
https://schrts.co/DtYEwQeK
The Weekly is back into bear territory, so a possibility of a new Bear Cycle next week.
With the confirmation of the W-S-2 the Weekly Bear Cycle projections have been reset.
But I believe the Weekly Bull Cycle will continue next week, the 60 min Bull Super Cycle is extremely overdue.
Closing above 5138 will be a good sign. The W-S-2 projected high is 5353.73, due 5/10/24, so next week could be huge on the upside.
Thanks. Lots of different points of view here.
Might have seen the HOD..Be good to get back below 5105 tho...Possibly more down then??
north..One guru I read said same...Possible new highs...I',\m a little late in this post, but the Daily SPX target is the 34MA now at 5136
which has already been hit...Just have to see if that will act as REZ..
https://schrts.co/EhXkWSMA
https://schrts.co/EhXkWSMA
Today a new Daily & Weekly Bull Cycle has been confirmed.
I expect to see new ATH this month. 3 of the 4 Daily bull cycles are either overdue or due this month.
Just reading about
Sell and Go Away in May strategy
They said it could be bad during Presidential Elections
Ron Walker charts are hitting long term resistance lines
Just a SWAG but possibly the HOD is in, but price needs to fall below 5064 for possibly more down...The other thing is that the last half hour is mostly a ramp time so we see..Tomorrow will be the new jobs for April. So can be a market mover.
https://schrts.co/sAdzwcXq
4979 is the Daily SPX target, but price is getting close to popping back inside that bearish formation. That is REZ right now but will become support if it gets back inside. Price is just below the Daily 15MA which could act as REZ also.
https://schrts.co/MjijkPUF
$UPRO....30........Daily trend LL......normally controlled limited up moves...????? OPINION...
https://schrts.co/ZvxkbVXt
$VIX.....30.......
https://schrts.co/JWvJcDPn
SPX....30......Daily.....trend LL.......Daily SPX STILL.. PLAYS Under BB20 Center .Line and under Ma.50 line...
30.
https://schrts.co/YTMTxhhW
daily...
https://schrts.co/mSpsSPvB
Hoping for 4103 on your chart with my short
Inverted Hammer...Bearish candle...But Futs ramping tonight..?? 4794 is the Daily target, the 100MA...But as I mentioned FUTS up 27 points as I post.
https://schrts.co/txjeiZtR
I got two for one today..I said big move...WEnt up then down same distance...
60 min 20 MA target has b een hit, the 20MA now SPX heading for the 60 min 140MA now at 5100
https://schrts.co/fYkvsznv
I said a big move was coming..I just wasn;t sure when...But it has really ramped the last 30 min here...
5075 is the 60 min SPX target, the 20MA
https://schrts.co/YSEWfNGr
$TNA .... ... $UDOW....10.......IN green now.....
TNA 10....GREEN now
https://schrts.co/rhegskrX
UDOW..10..GREEN now
https://schrts.co/pjIHydQz
$SPX.......10.. +....D.............note...SPX WEEKLY A BEARS BR.W3..DOWN STATUS...opinion...
10......2.00pm ADX up now.
https://schrts.co/iNEnGdtC
Daily......bull note pull back....wow below R1.....way down.....
https://schrts.co/DTVisTBx
Weekly..w3dn.....4953.56
https://schrts.co/MqBZDUSt
Thaks RCKS.., 5004 is the lowest we can go to remain on the positive side...According to one of the guru's I read
Glen
Pretzel Update: He has this as a do or die moment for both Bulls and Bears......... Mostly we are waiting for the Fed at the moment.......
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174337861
Sometime in the very soon we are going to have a big move in the SPX...Most likey up. I have a good squeeze signal. Possibly tomorrow after the Fed Speak.
4818 is the SPX Monthly target, the 10EMA..As I have said before even if we do hit the monthly target it will take time..
https://schrts.co/DnReNiUk
SPX daily dropped out the bottom of that bearish formation..So now that will act a REZ...But may not be very strong..
https://schrts.co/stZcykcz
$SPX.....10........+ 2XDAILY......
10...
https://schrts.co/iNEnGdtC
Daily.......wow below R1.....way down.....
https://schrts.co/DTVisTBx
Daily 1x3...
https://schrts.co/qvAMSndS
Back in TZA at the open
$SPX.......10.. +....D.............note...SPX WEEKLY A BEARS BR.W3..DOWN STATUS...opinion...
10...
https://schrts.co/iNEnGdtC
Daily.......wow below R1.....way down.....
https://schrts.co/DTVisTBx
JUst kissed the 15 min 320MA from above and we are in the time frame for a ramp anyway...So may have a good sized move up yet today or tomorrow..Last 30 min has huge volume..
https://schrts.co/FAhIbsPn
Seems like every time I post a down signal the market moves up..JUst waits for me to say down..
Possibly a bearish formation on Daily SPX chart...Target is still or again the Daily 100MA now at 4970
https://schrts.co/XdQzKTyj
5147
is the Daily SPX target, the 34MA
. https://schrts.co/gXCNhXTd
5100 is the SPX 60 min target, the 10EMA...The 60 min chart is OB..
https://schrts.co/gXCNhXTd
$UPRO ... $TQQQ...15....Daily trend HH....now..
UPRO..15
https://schrts.co/PSVSXZir
$TQQQ..15
https://schrts.co/kkdAMgqu
RE-POST....$SPX......10......Daily....trend HH...
10..
https://schrts.co/VbCjZzRa
Daily
https://schrts.co/gAQJngIF
Glen
Pretzel Update: literally unchanged from Friday...........
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=174321823
The 15 min VWAP has held up the market all day...
https://schrts.co/FAmqdGdu
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
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