testing 15 min ema20, should be some sellers here again. let's see if they're strong enough to defeat bulls.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
SPX .. bigger invs H&S on SPY 5m now.. should there be a minor pullback and go up new target 209.00 = hammer on the daily SPX/SPY off the 50d over the 20d = bullish .. fwiw.. "IF" it plays out all based on a higher low holding here.. otherwise.. a big fat triangle
People got confused about my calls. Just remember it's all about day trade, so everything happens fast. You shouldn't use my calls to guide your overnight positions. Also some of calls are just to explain what's going now such as "testing ema20, should be some sellers here" which does not predict the result. The chart below is to illustrate what I called today, hopefully it helps to understand what I'm thinking. You may need click twice to see the whole picture.
generally I should be mostly right, if you read my calls always wrong, then likely you're not following me closely.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
great work by the way. I got one question, so you move from ma20(5min) to ma20(15min) to ma20(1h) etc...to see possible sellers (buyers) and strength on a certain day? Is that correct?
great work by the way. I got one question, so you move from ma20(5min) to ma20(15min) to ma20(1h) etc...to see possible sellers (buyers) and strength on a certain day? Is that correct?
yes.
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.
the rebound might not over, i.e. the pullback could be bought again.
Attachments
Like to read more of my commentaries? Please subscribe my Daily Market Report. Subscribers can find all the members only posts HERE. StockCharts members, please vote for me HERE, thanks.