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M2 money going up again
My July 520 calls at the money today!!! Markets will now melt up imo!
$SPY US Dollar Index Futures Crashing down $DXY USDX Timmmmmmber
Out 518P .46-----Buy sig 5 min CCI---took too long!
In 518P--.34--8;34----posting problems!-----crappy Frontier internet---sucks!!
An increase in jobless claims can often be seen as a bearish signal for the economy. When more people are filing for unemployment benefits, it suggests that there may be weakening economic conditions, such as layoffs or business slowdowns. Investors may interpret this as a sign of economic trouble ahead, leading to a bearish sentiment in the markets.
Reversal-----Watching SPX 30 min for reverse R3-----Mkt 3 Higher Hi's CCI 3 lower lows----Mkt allways follows CCI----not seeing that yet---Ditto with Macd---!!
I’ve got some (short sale) orders at 520 and up to add to my overall position …beautiful setup coming up! Nice topping pattern as the DXY continues its sell off and downtrend. Recent employment numbers (reports) all indicating to a weakness in the economy with no let up in inflation = stagflation. This is the story for the first half of the year then Reality will set in as the Summer unfolds heading into the Fall and the elections. This is a once in a 15-20 year opportunity….We’ll see
- JMHO
SPX 30 min CCI gave buy sig 10:00----see if can take it & hold?
Chart Chat:: Second test of resistance at SPX Fib 5195----Mkt tested previous top 3 times then failed---still testing upper T/L rising channel--last channel test lasted 3 days--watching for upper channel short trade----5195 line in sand!
Especially when compared to equity put/call. Just not sure in today’s market with so much “dark money” etc??
Agree absolutely. Index options inter day has always been a good “tell”…
If you view the intraday P/C Ratios & get a 3/1 Ratio on any of those index closes ----u usually get a good drop next 1 -2 days---SPOOS CLUES !! (For Daytrading)
They bought more Puts today SPY--SPX & such--not enough to drop the mkt on an R3---used to able to find intraday---& EOD P/C ratios on CBOE --EOD on Options Clearing but looks like have to pay $$ for them now--I dug around the sights/came up empty ----the one's we need--SPY---SPX--DJX--NDX---T/S doesn't seem to reflect the totals I need----any one can figure into those sights, fire it out----would help on these late day drops--and the overnighters ---appreciate it!---SPOOS CLUES! Good Trade! $$
Scalped 517's .52----5 min buy sig ----no go!---3rd NRD!
Took a quick $100.00 thanks for idea
nice
must have been a lot of PUTS they want to take out
Well lets see if it come back to 516
Yup sling shot on hot air
Bounced off that pesky SPX upper channel T/L again------Watch the 5 min Red Lines--& ES 5201---(Daily Lower Low)--looks like want to test that upper SPX upper Fib again--vix lower yet!
WOW quite a reversal
See any put plays here?
Got buy sig ES--SPX 10;20----triangle bust to the upside---!
Lol probably not today 515.34 looks like bottom
and then a rally lol
There trying to hold yesterdays LOD at ES 5201!--Nice little wedge ( Des Triangle)---5 min---base ES 5201!
Yesterdays ES LOD 5201---were sittin on DA ES 5 min Line now and it's angling south!
Maybe late day cheepo straddle---but lousy volitility at present----5 min slowly working it's way back to Da Red Line!
Market makers provide all the liquidity SPY could ever love:)
Lacking some of the usual BTD enthusiasm today
2nd NRD day---noticed last Friday- Monday prior---same NRD pattern ---sold off---on neg CCI 60 min SPX---same now---mkt now back below T/L---Spx 5 min just below---- watch for 5 min launch or fade down into old channel!
Interesting how SPY moves up on no volume
below 516.55 and we'll visit lows
But looks like 517 is gonna be a tough support
WOW Disney didn't recover from drop
ok bounced off 516.55 let's see if this is drop
Harvard Law I think is option pastor on twitter he has more post over there than here
Looking similar to the September 1st 2023 chart set up
Which would be down soon but I suppose they can easily make a case for up with more fake good / bad news
518 and above or is this 518 and a crash
Beautiful CONL short yesterday. Bought CONL this morning for a real nice back to back run. I’m out for the day which will be a nothing sandwich.
Gap fill at SPX 5187------Lines in Da sand----Upper T/L support ( 5177 Aprox) -----Resistance---SPX 5195---slow mo----need vix to get going!
ES back to Da 5 min Red Line----SPY 516C-----LOD .63---HOD 1.30-----Watching Da Red Lines!
516.70 resistance 51604 support
under 516 gonna drop 515
30 min SPX MACD wants lower 5149 looks interesting
Caught between Da Fibs---Resistance SPX 5195---Support Old Channel Upper T/L---Watching Da 5 min Red L:ines---SPX 60---120---240 min all on sell--mkt now bucking headwinds!---Scalped SQQQ at 10.88!
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