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I have a small position at 47.00..
YOu will need a new high in SPX to get UPRO to your 98.00 target..But give it time..Last year T giving was on the 23rd...Then look at what happened starting the first of Dec...So maybe in a few days you will get over 100.00.?
https://schrts.co/JyjXbAKi
This is from the premier E Wave guru. Article is a little long...So you decide how much you want to read.
https://www.elliottwavetrader.net/p/analysis/Sentiment-Speaks-This-Is-My-Strong-Warning-To-You-202411179385907.html
Thanks RCKS..The market right now is still in an up trend..I think it needs to get back below 5850 ish for some possible big down days. Lot of things going on and any one could cause a massive move...So keep positions small and stops tight.
One good thing that happened with the strong winds was all the leaves are now down..So now only have to clean up once. Usually it is a dripping deal..A few every day so a constant job for months it seems. Thanks for the info
SPX has reached the 61.8 Retrace level. Remember sometimes once past 61.8 then it goes all the way back to the 100% starting level. I think we had that happen a few weeks ago ?
https://schrts.co/mwhYAhIY
Thank you.
What was your knee problem...And any specific style Hoka shoes.? I guess I may have bone on bone..Not sure of that...But I see Dicks sporting good's have them so can run down and get a pair...But was wondering if it would help arthritis ??
JUst posting a few charts to show S/R levels..
https://schrts.co/fKTHrpIF
I walk 2 miles a day and do push ups to try and stay in shape. One mile is up hill so I can coast down hill. However I now have arthritis in my right knee and it is very painful to walk. I have not walked in 10 days and had a physical Thearpy session yesterday. Not sure that is going to help. But I walked 1 mile today and knee really hurt on the way back down.. ..More information than you wanted...Anyway have to do exercises all while setting down so at least I can watch market...
The 60 min 200MA is holding this market up..Has now for 3 days...so far today included.
https://schrts.co/mEfwveBH
Possible bullish flag formation???
https://schrts.co/MTKnfrAP
5926 is the 60 min SPX target, the 20MA...Daily CCI's now turning sideways but no up signals as I post.
https://schrts.co/MMNGrhJJ
Might be a strong support level coming up??
https://schrts.co/rUmGzSKA
After dropping below the 15 min 320MA, it is now acting as REZ on the first few hits from below...That can be a very strong S/R level.Something to watch.
https://schrts.co/wTJTbCQz
Thanks RCKS...Good stuff on Gov't spending..I have my doubts that much will be cut. Especially the things that congress and senate has a say over.. Nothing will be done there.. They will all want to get reelected. One guy I saw the other day on TV said Trump should start with Term Limits on all those positions. on Day One.Maybe that would help if they knew they would only be there for one term. Possible do the right thing...Right now too much corruption and big bucks flowing to individuals.
There are 2 Islands on the 15min SPX chart...One above and one below..??? Also now at the 15 min 320MA watch for possible support???
https://schrts.co/DGcwXtGY
5920 is the Daily SPX target, the 10EMA..
https://schrts.co/xjNfNDgT
Thanks RCKS...Today is CPI so usually you can throw out any projections for the day..One guru I read tho is thinking maybe new highs today. Guess we see
The 60 min SPX target has been hit, the 34MA..I thought I had posted this but did not post..So I have no idea where my post is or went..::)
https://schrts.co/YeyhwNGi
5960 is the SPX 60 min target, the 34MA..588.89 is the 60 min 50MA...No signal for that yet,,,but could be the target before any bounce??
https://schrts.co/AfBREbqE
The PINK lines are some possible Support levels...
https://schrts.co/sDVNpBut
The 60 min SPX target was hit today but then bounced a little. But charts are looking like they are making rounded tops on the minute charts..Maybe some down soon??
https://schrts.co/GKvCPass
Thanks RCKS..I think the debt will increase. He wants to cut taxes and to cover that there will have to be more borrowing. Unless Musk can actually cut some programs there will be no reduction in expenses. I bet we still have a buggy whip department.
5972 is the 60 min SPX target, the 10EMA.. I am confident that one day this will work again...Maybe today even..
https://schrts.co/WjCYKPZg
One guru I read has a lot of different scenarios but do not think he is convinced on anything. Says to take profits fast but does not say if you should short or go long. Big help..::)...
There is a new down signal on the 60 Min chart...It is hard to go against a strong trend tho...The SPX 60 min target is the 10EMA now at 5925..Again the 10EMA is moving up very steeply so at each update it will move higher...We shall see
https://schrts.co/dbkdWrgA
Thanks north..I was just kidding about the target for today..But it is sure a run away Bull right now. Reality will come in sometime. Trump better not try walking on water..
Is that going to happen today...::) Sure looks like it.
Looking like you have it right.
The HOD might be in???
https://schrts.co/sxXrNVUd
we have a down signal on the 60 min SPX for the 10EMA..However the MA is going straight up so each update will send it higher..But as I post it is at 5836..But another update due in 7 mins..So check to see where it will be then
10EMA went to 5849 at the update...So will be another hour before another updat ..
https://schrts.co/WmNPnExR
A huge Island gap..As they say what goes must come down. But when ::)
https://schrts.co/mCuIxdHf
Thanks RCKS..Yes..Possibily relief too..
5758 is the 60 min SPX target, the 10EMA..Have no idea how to account for the winner as to what the market will do but my thinking is that today was a normal squeeze play after the good down move . There has not bee much in the way of market predictions dependinng on who wins..We are all going to be losers no matter who gets in. JMHO
https://schrts.co/KshGxMIZ
.https://schrts.co/KshGxMIZ
https://schrts.co/KshGxMIZ
JUst below the 60 min 200 MA..That sometimes is really strong Support or resistance..Just have to see.That is the 60 min Target tho..
https://schrts.co/QmVMnYxS
Now at a strong REZ level. Just have to see if that will turn it back.?
https://schrts.co/wJnfQHKi
Back above the 61.8 Retrace level...Also at the bottom of the big gap...Will it go to 100% as sometimes happens once it recovers 61.8..
https://schrts.co/uCtIMjxK