Replies to post #103939 on SPDR S&P 500 (SPY)

[jetlag]

Hi Neutron Man, long time no see ... Do you mind, how do you calculate the OE pivot ? Or is that secret?

Whatever the case, all the best
/jet

[Neutral Man]

It appears da-Boyz are gonna respect our lines of meaning, 1102.47 on the S&P500 and 45.24/45.57 on the Q's, and any attempt to tag said levels will be met with selling!?

We'll be exit-ing long trades on the GAP up and placing day orders to trigger on any breach of 45.24 and 45.57??

[Neutral Man]

S&P500 resides UNDER the YTD OE Pivot, 1102.47, and we expect a tagging of the S4, 992.22, as the very minimum for the Beggining of the END wave!!

That said, we're about to initiate the Middle of the END wave and dat's gonna leave a mark on da-Long ports, oh boy, sigh....

We have the chance of a move up above 1102.47 as ZERO right now!!


1212.72 10.00% R4
1185.16 7.50% R3
1157.59 5.00% R2
1130.03 2.50% R1

1102.47 0.00% OE Pivot (NOW Serious resistance)

1074.91 -2.50% S1
1047.35 -5.00% S2
1019.78 -7.50% S3
992.22 -10.00% S4 (Our FINAL Discount Wave Target)