fehro wrote:SPY 5m .. at resistance at neckline.. bulls small RS would be uber bullish .. gap still open… not sure yet.. may head fake down .. suck shorts in then go or bulls will explode up
fehro wrote:SPY 5m .. at resistance at neckline.. bulls small RS would be uber bullish .. gap still open… not sure yet.. may head fake down .. suck shorts in then go or bulls will explode up
fehro wrote:SPY 5m .. at resistance at neckline.. bulls small RS would be uber bullish .. gap still open… not sure yet.. may head fake down .. suck shorts in then go or bulls will explode up
trendline bump
me see a little more?
u r correct, rush draw!
ding ding… taggin it
interesting spot.........382 region retrace of the fall /down trendline vs ihs everyone waiting to kick in.
asymmetric breast on toothpick pattern
leaning bullish short term...
Junior Buffett wrote:the way VIX is behaving telling me that Market training is going without any passengers! It will come back fast...let's see when..
The VIX (or perhaps more interestingly, things hinged on the VIX) may have changed character. Beware of using old perspectives.
VIX options expiry/rollover on Wednesday. After that, we shall see what happens.
Working on a good looking double top, waiting for R1 to fail as support to confirm ES 26660. Otherwise expect another suddenish 14 to 18 point rip to 2680's.
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Breadth chart, daily, as of Friday’s close
Thursday ROUGLY only 10% of SPX stocks were above their 50ma
That’s a bottom (bottom zone)
BUT NOTE THE LAST TWO INSTANCES (green dashed vertical lines) THEY DOUBLE DIPPED, and so did SPX cash
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
The CNN Fear and Greed index dropped to 8 on Thursday.
In the past 5 years, SPX has closed higher after 1 or 2 weeks 93% of the time (only August 2015 failed).
SPX has also closed higher after 1 or 2 months 87% of the time [Sentimentrader]
Disclaimer: I am not an investment advisor. This is just my opinion NOT investment advice.
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4th push up. must exceed tinted area to give hopes to bears.
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it is 3 push up pattern but unfortunately too late for bears as there might be a 5th push which might just be a lower high but enough to use up all times for bears.
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tim-follows wrote:? trading markets setup from last week exit above spy rs2 greater than 65? means exit longs versus
also vix back down into BB is also a buy ?
VIX buy signal was triggered on Feb 7, not today.
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