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We’ll share it I’ll try and figure it out. Thanks in advance
The Pivot #'s are for SPX during regular hours ( starting 6:300 EST)---I chart the pre mkt cause sometimes my By/sell sigs slide right into the opening bell---can make a bell trade !---I chart ES & SPX all day --- reason sometimes ES will give earlier signals ! The chart set/up I posted was given to me publicly on a blog just like this in the 1980's----takes a little work on interpretation ----those with curiosity & Good Chart Recognition will get it! Happy to Share---Was Shared With Me !
Question all of your pivots are just looking left on pre market?
U can juggle it around a little to fit u own needs but Dats da basics ----u can add u own xtra goodies !!
I'll run u thru sum stuff: chart set up----on U chart 5 min Red Line (233 EMA)---ADD all U Pivots that I Post for the day---each one will have it's own line----Lower studies (not on chart) MACD 12,26 9-----below Dat CCI 18-----scenerio-----Mkt goes up hits R1----but CCI 18 going in opposite direction --Dats a sell signal------scenerio 2------Mkt goes down hits S! but CCI 18 going up---Buy signal-----scenerio 3 ----Mkt sitting on Da Red Line----CCI 18 moving up also buy signal-----U have to get used to the idea the mkt will follow the CCI ( in any time frame)---up or down-----takes sum visual practice and line drawing !! pnce get used to doing it very simple system !! Yes ?
To create channel are you taking high of day and Low
Check U messages sent U Dat Info?
Thursday SPY rejected at SPY Rising Channel Upper T/l-----long Term Channel T/l's offer strong Support & Resistance as we just observed !!LOL!!
ES is CCI 18?
Watch the ES & SPX 30 min Red Lines--Above Bullish---Below Bearish--Very Simple ----Mkt in balance
at Da 30 min Red Lines -----It's a ways down there ! Most Likely Bounces off those Red Lines at sum point & retests Dat Spy Rising Channel Upper T/L----we'll see !!LOL!!
da boys? its 90% algo now and rigged as ever
Ya All have a Wonderful Wekend----It's been Fun !!LOL!!
They keep buying up the dips on ARM, this thing is gonna have to crash in epic fashion once SoftBank is done playing games with it
Da Boy's are making for sum Great Trading Set Ups YES ?
However ---not over Yet ---SPX Higher Hi Today !!! Ye Haaa!! Runner Her Up Boys !!!
matters not, no volume
super weak volume all weak in QQQ and SPY
Round Trip Back to R1----Then Back to Da 5 min Red Line-----Naturally --Dats the way it's supposed to werk !!!!
6100? highly unlikely
What was it going to 8? I don’t understand how things get so lobsided all the time in this “efficient” “free” market
Sold 562P 1.54 !!! 4 Bagger !!!! !Da Mkt Givith and Da Vix Taketh Away ---WEEEEEEE!!
5828 over weekend?
Wow you are banking today!
Looks to be coming to 233 line SPX 5 min
Had 3 winners today using what I think is your system lol
Vix has to be going against SPX and SPY MY timing isn't perfect but I'll get better.
What Da H was Dat ! Vix Bolted to Da Upside !
Out 563P .54----5 min CCI reversing up !
MKT HOD 5655.56 ---- R2 5657---Fairly Close !---! See if they want to hold over wkend ?---Last six closes up or flat ! Will Wagg short SPX 5643 100% Fib ----Right at Da Mony ? Looks like 563P at Da moment!
Did U play calls off Da R1 like u did yesterday ? Dual patterns !
Going to 6100. Then…
AAPL MSFT NVDA cant add $5 to their stock prices everyday from current levels
the math just doesnt work even at current levels
You're probably right. And demand for US bonds isnt as strong. So this major comes into play
Back in puts for next week. Absurd pump
capital gains are taxable, once the selling begins, then even more selling to pay taxes on gains
that is one reason why bull markets run out of steam
you dont make any money until you sell
and if you did well, the government wants it, then selling begets selling
thats what we saw in 2022 after huge run in 2021 and higher rates
people think rates are going back to zero or something???
we may never see interest rates under 3% again
I hope so. Maybe that'll put a stop to this relentless marching up
China has awfully quiet.
i think things heat up over the next 3-8 months on global scale
That's the pain trade, chase or not. I thought it was topping 5300s and look now. This move is so orderly.
My reasoning is if SPY in major top for years, then there should be some major fireworks
yeah, lets all go LONG the SP 500 at 5600!! LOL
I don't think it's about earnings at this point. It's major top in play. Like 2000s, I heard. Only this time, we will have long drift down for many years to come.
the math to get to 6000 is just not likely imo
no way earnings can justify SP 500 at 6000
you would need AAPL to sustain a price over $250
MSFT to sustain a price over $500
NVDA is sustain a price over $160-170
META sustain a price over $550
AMZN sustain a price over $225
TSLA sustain a price over $300
Crazy SPY 5632. VXX still bleeding. SPY could go 6000-6400 of it starts accelerating. But a major top it is , for years to come
classic topping pattern price action
double top
blow off top
you name it, its here
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