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 60 min SPX chart is showing a nice raising wedge..May be to early to short the SPX right now but looks like it is getting closer..Not enough pain yet.
This setup will trigger a sell if VIX 20/50 up cross occurs. This happening close to EOD increases the odds of a gap down tomorrow as this setup has worked pretty good lately.
Attachments
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
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.
BullBear52x wrote:I sm in the sell rip mode so, my bearish eyes will shop for bear flag a straight roll down I will miss this move. look for bear flag or a retet of 1min. 200ma, chow time.
are you just scalping or "swingin" like me sometime?
always swing, swing position is still on the buy (100 to 500 shares depends), what I post on my blog is real, I day trade 2x or 3x etfs.
Harapa wrote:This setup will trigger a sell if VIX 20/50 up cross occurs. This happening close to EOD increases the odds of a gap down tomorrow as this setup has worked pretty good lately.
Sell is triggered
Above is provided for informational purposes only and shouldn't be considered an investment advice or recommendation to buy or sell anything.
support broken. the next green line below is the next support, a strong one. 7 min to go.
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.
well, guess that's it for today. I need dig a little before calling tomorrow. the intraday reversal does give bears some hopes but I saw too many similar cases in the past, only bears got disappointed the next day, so it's too early for bears to celebrate. thank you guys, I'll see you tomorrow.
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.