Sorry for no update in quite some time! If you’re still long, it could be a good idea to take profit and look over that stop/loss/win level. We have negative money flow on 1h SPY chart and [...]
I had to add a question mark in the topic since I have no clue about today. I could not see any smart money accumulation last friday (short profits) so today will for sure be interesting although [...]
I only have time for a fast update so no charts. The push down sofar has been quite strong. SPX is also @ MA200, testing longer timeframe supports. It’s a critical level for sure, I however [...]
First of all, I have no time to put up charts today, only a few lines of my market thoughts. We could see some panic selling yesterday. Many major indexes made ugly candlesticks so odds are quite [...]
I would have many interesting charts to show but so little time. The longer term up trend is in danger but we could have a rebound around the corner (7:3 odds). Yesterday we could see some panic [...]
“Buy The Fucking Dip”, or will it be different this time? Below 4h & 1h /YM chart; over sold (if there is such an expression..): On a 90d 1h SPY chart, volume flow very low: IWM [...]
The long term trend is still up but when switching to a daily chart, it could be in danger; bulls need to step in and start buying.. SPX is at the moment trading below its daily MA20-value and [...]
For the short term (today, tomorrow), could see rebound as soon as today. Unclear though if the pullback is over since 1d charts are getting quite ugly (=strong bearish insertion). Below 1h SPY [...]
