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.
vol surge again, should be a rebound here first which likely would be sold.
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.
This drop is so powerful that if it quickly reaches the lower bb, its unlikely to stop there. Odds favor price just cutting thru the lower bb like a hot knife thru butter.
bearish as of SPY 406 on 2/17/23
currently: end bearish as of SPY 406 on 3/6/23
While it is 2081.18 in the SPX, it is 2076.25 in the ES, a little different due to some trade after the cash close on 4/17.
Given the current spread between cash and futures, the gap could be considered more or less closed somewhere below SPX 2083.75.
Al_Dente wrote:TLT filled the old “island gap” (pink) today
Next support is the green line
Quite oversold so bounces should relieve the oversold pressure
The attachment 430tlt_png.png is no longer available
Here is my corner on TLT, TNX up will continue to put pressure on TLT.
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.
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.
This is my LONG term Banner on my blog, you think bulls will just drop dead here? 2097.5 is key number folks, I am not saying buy here but there will be a fight.
Attachments
My comments are for entertainment/educational purpose only. NOT a trade advice.