FINANCIAL ICEBERG
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SP500 E-Mini Futures (M4) Technicals Levels - Intraday - PREMIUM USERS #Trading #Emini #Futures #ES_F #SP500
May 2 ( Barchart )
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SUPPORT
RESISTANCE
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1874
1871.5
1866
1886
1882.5
1880
1877
.
May 1
15.22 IF we break the 1874.5 level ( support trendline from a rising channel - see chart below ) then 1871.5 MAX 1870 on that move
Still have 1874.5 support and 1878 resistance
Last update - have a nice evening
14.49 IF we break the 1874.5 level ( support trendline from a rising channel - see chart below ) then 1871.5 MAX 1870 on that move
Still have 1874.5 support and 1878 resistance
14.40 Awaiting next trade set up
Still have 1874.5 support and 1879 resistance
14.09 1874.5 target reached - turning neutral
Now have 1874.5 support and 1879 resistance
13.47 Broke the 1878.50 level so 1874.5 target
Now have 1874.5 support and 1880 resistance
13.01 Still the same - need to break the 1878.50 level to see lower prices AND 1882.50 is THE WALL as resistance
Still have 1878.5 support and 1882.5 resistance ...
12.17 Previous top of April 24 at 1882.50 here remains the challenge and the resistance ( THE WALL ) of the wedge this morning -
Still need to break 1878.5 level to see lower prices
Now have 1878.5 support and 1882.5 resistance ...
11.39 Very illiquid market make it swing around easily - Previous top of April 24 at 1882.50 here remains the challenge and the resistance of the wedge this morning - Still need to break 1878.5 level to see lower prices
Now have 1878.5 support and 1882.5 resistance ...
11.17
I think it s a fade back towards 1874.5 MAX 1871.5 Already IF breaking the 1878.50 level...
Now have 1878.5 support and 1880.5 resistance ...
10.43 We bounced on 1871.5 daily level - and retesting the 1877.5 level -
I think it s a fade back towards 1874.5 MAX 1871.5 with 1879.5 as level not to get over
Now have 1874.5 support and 1879.5 resistance ...
10.21 Remember the 1871.5 daily level - MUST stay below 1875.50 now
Now have 1870 support and 1875.5 resistance ...
10.12 So finally broke that 1877 support trendline of that wedge but not a lot of momentum MUST stay below 1877.50 now
Now have 1873 support and 1877.5 resistance ...
Volatility should pick up
09.42 flirted with that 1877 support trendline and rebounded a little.Still awaiting of a break of the wedge to bring volatility...
Still have 1877 support and 1880.5 resistance ...
We are still within a rising wedge with 1877 support and 1882.5 resistance for now - see chart below -
...
09.08
Now have 1877 support and 1880.5 resistance ...
We are still within a rising wedge with 1877 support and 1882.5 resistance for now - see chart below -
That wedge will dictate the price action thsi morning IF we break it or not...
07.28
Still have 1876 support and 1880.5 resistance ...
We are still within a rising wedge with 1876 support and 1882.5 resistance for now - see chart below -
06.34 Good Morning
Now we have 1876 support and 1880.5 resistance ...
We are within a rising wedge with 1876 support and 1882.5 resistance for now - see chart below -
April 30
15.35 Neutral into the close
Still have 1875.5 support and 1879 resistance ...
Have a nice evening
15.03 Reached the 1879 level next MAX 1883 TURNING NEUTRAL
Now have 1875.5 support and 1879 resistance ...
14.47 Getting near the 1879 level next MAX 1883 MUST HOLD 1875.5 for that scenario
Now have 1873 support and 1879 resistance ...
14.31 Broke the 1875.5 level then 1879 next MAX 1883 MUST HOLD 1873 for that scenario
Now have 1873 support and 1879 resistance ...
14.01 Broke the 1875.5 level then 1879 next MAX 1883 MUST HOLD 1873 for that scenario
Now have 1873 support and 1879 resistance ...
12.41 Still stuck in that tiny range til the Fed
Now have 1872 support and 1875.5 resistance ...
FED LEVELS : 1857 Support and 1888 as resistance
11.46 Seems the market want to stay in that tiny range til the Fed
Now have 1872 support and 1875.5 resistance ...
11.08 resistance is at 1875.5 - I think it s a fade..back towards .1870 MAX 1866 IF 1872 broken
Now have 1872 support and 1875.5 resistance ...
10.37 Remember the parallel channel from this morning - resistance is at 1875.5 - Will be surprise if we break it -I think it s a fade...
Now have 1870 support and 1874 resistance ...
10.05 IF we break already the 1866 level in the morning session tell me technical weakness, target 1863 MAX 1860.5
Still have 1866 support and 1871.5 resistance ...
09.46 So trendless market - awaiting next opportunity
Still have 1866 support and 1871.5 resistance ...
09.12
Still have 1866 support and 1871.5 resistance ...
We are within a parallel channel with 1865 support and 1875.5 resistance - see chart below -
Fed could always bring a lot of volatility - tapering already expected but not the short term rates forecasts from Fed panel...
Expect some weakness especially into the afternoon session... Month end rebalancing
SO this morning session can be trendless, choppy and hard to trade intra day
07.35
Still have 1866 support and 1871.5 resistance ...
We are within a parallel channel with 1865 support and 1875.5 resistance - see chart below -
Fed could always bring a lot of volatility - tapering already expected but not the short term rates forecasts from Fed panel...
Expect some weakness especially into the afternoon session... Month end rebalancing
06.34 Good Morning
Now we have 1866 support and 1871.5 resistance ...
We are within a parallel channel with 1865 support and 1875.5 resistance - see chart below -
Expect some weakness especially into the afternoon session... Month end rebalancing
April 29
15.41 Still into that tiny channel
Still have 1871 support and 1875 resistance ...
Have a nice evening
15.16 Still into that tiny channel
Still have 1871 support and 1875 resistance ...
14.24 Still into that tiny channel with volume shrinking quickly...
Still have 1871 support and 1875 resistance ...
13.31 Bullish fever over? we did 1875.25 and start to fade already...
Now IF we break the 1871 level then 1868 and 1866
Now have 1871 support and 1875 resistance ...
12.59 Finally broke the 1873 level then 1875 MAX 1877.5 on that move
Now have 1871 support and 1875 resistance ...
12.27 Flirting with the 1873 level IF broken then 1875 MAX 1877.5 on that move
Still have 1868 support and 1873 resistance ...
11.30 Near testing the 1873 level IF broken then 1875 MAX 1877.5 on that move
Still have 1868 support and 1873 resistance ...
11.23 Still stuck into that tiny range - not much to get excited about
Now have 1868 support and 1873 resistance ...
11.01 We are bouncing on the support and fade on the resistance in a volatile way - not a sign of a good market
The strenght on Financials are keeping that market alive for now...
Now have 1868 support and 1873 resistance ...
10.27 We failed to break the 1873 level showing technical weaknesses then... IF we break 1866 then expect a quick 1863 MAX 1860.5
Now have 1866 support and 1870 resistance ...
09.43 Need to break 1873 level to see 1877.5.
Still have 1869.5 support and 1873 resistance ...
09.12
Still have 1869.5 support and 1873 resistance ...
We are within a tiny upward channel - already broke the 1866/1868 resistance zone ( becomes support ) - see chart below -
07.27
Still have 1869.5 support and 1873 resistance ...
We are within a tiny upwards channel - already broke the 1866/1868 resistance zone ( becomes support ) - next target 1875/1877.5 zone see chart below -
06.35 Good Morning
Now we have 1869.5 support and 1873 resistance ...
We are within a tiny upwards channel - already broke the 1866/1868 resistance zone - next target 1875/1877.5 zone see chart below -
April 28
15.32... Overshoot from Headlines that Russian forces regaining their base...
I think that 1868 huge resistance - fade to 1862.5 1868 stop
Now have 1862.5 support and 1866 resistance ...
Have a nice evening
15.12... Already reached the 1859.5 level - TURNING NEUTRAL HERE
Now have 1858.5 support and 1863 resistance ...
14.39 ... So broke the 1853 will give us back 1857 MAX 1859.5 Trailing at 1853
Now have 1853 support and 1857 resistance ...
13.52 ... OVERSOLD TERRITORY Already trading above 1853 will give us back 1857 MAX 1859.5 1847 MUST HOLD
Now have 1847 support and 1853 resistance ...
13.29 ... OVERSOLD TERRITORY Already trading above 1851 will give us back 1853 MAX 1859.5 1845 MUST HOLD
Now have 1847 support and 1851 resistance ...
13.15 ... TESTING the 50 DMA at 1851 I Think it wild hold Already trading above 1853 will give us back 1857 MAX 1859.5
Now have 1851 support and 1853 resistance ...
13.04 ... NEAR TESTING the 50 DMA at 1851 I Think it wild hold
Now have 1853 support and 1857 resistance ...
12.35 ... NEAR TESTING THE 20 DMA at 1856 and the 50 DMA at 1851 I Think it wild hold
Already breaking 1859.4 then expect 1863
Now have 1856.5 support and 1859.5 resistance ...
12.22 ... NEAR TESTING THE 20 DMA at 1856 and the 50 DMA at 1851
Now have 1856.5 support and 1859.5 resistance ...
11.32 SO Bulls were not able to keep the market above 1866/1868 zone here UNLESS back towards 1862.5 and 1860
NOW turning neutral here - can have a dead cat bounce towards to 1863 MAX 1866 but risk reward not there...
Now have 1860 support and 1863 resistance ...
10.51 Bull need to keep the market above 1866/1868 zone here UNLESS back towards 1862.5 and 1860
Now have 1868 support and 1872 resistance ...
10.24 So finally broke the 1868 level for a move towards 1874 MAX 1877- AND resume downrend after
Now have 1868 support and 1874 resistance ...
09.56 Very volatile market at the opening
Now have 1862.5 support and 1868 resistance ...
Need to break 1868 - that first resistance trendline for a move towards 1874 MAX 1877- see chart below -
09.12
Now have 1860 support and 1866.5 resistance ...
Need to break 1868 - that first resistance trendline for a move towards 1874 MAX 1877- see chart below -
07.26
Stillhave 1863.5 support and 1868 resistance ...
Need to break 1868 - that first resistance trendline for a move towards 1874 MAX 1877- see chart below -
06.27 Good Morning
Now we have 1863.5 support and 1868 resistance ...
Need to break 1868 - that first resistance trendline for a move towards 1874 MAX 1877- see chart below -
April 25
15.31 Nw, only 30 minutes til the close can bring a tiny short covering to 1860 AMX 1863
Now have 1855 support and 1860 resistance ...
Have a nice week end
15.08 I think we will retest testing the crucial level of 1855 before the close
IF ever we break the 1855 level this pm, can get very ugly 1847?
Now have 1853 support and 1858.5 resistance ...
14.32 testing the crucial level of 1855
IF ever we break the 1855 level this pm, can get very ugly 1847?
Now have 1853 support and 1858.5 resistance ...
13.56
IF ever we break the 1855 level this pm, can get very ugly 1847?
Still have 1855 support and 1860 resistance ...
13.23 already broke 1860 should give us 1855 again
IF ever we break the 1855 level this pm, can get very ugly 1847?
Now we have 1855 support and 1860 resistance ...
12.37 tiny dead cat bounce completed ? resuming downtrend ? already breaking 1860 should give us 1855 again
IF ever we break the 1855 level this pm, can get very ugly 1847?
Now we have 1860 support and 1863 resistance ...
11.58 Reached the 20 DMA at 1855 Still expect a tiny dead cat bounce 1863 to MAX 1866 before resuming downtrend
IF ever we break the 1855 level this pm, can get very ugly 1847?
Now we have 1858.5 support and 1866 resistance ...
11.25 Reached almost already the 20 DMA at 1855 ( low was 1856 ) can expect a tiny dead cat bounce to MAX 1866
IF ever we break the 1855 level this pm, can get very ugly 1847?
Now we have 1856 support and 18663resistance ...
10.44 A dead cat bounce that was sold violently - IF we break 1860.5 won t be surprise if they go test the 20 DMA at 1855
Now we have 1860.5 support and 1866 resistance ...
10.10 Almost reached my target level of 1860.5 TURNING NEUTRAL
Now we have 1861.5 support and 1868 resistance ...
09.48 Already broke the 1868 level earlier and testing the 1864 level
Now we have 1864 support and 1869 resistance ...
We are within a falling wedge pattern - 1868 broken - that first support trendline for a correction towards 1860.5 - see chart below -
NEED to stay below 1869 for that scenario to unfold...
09.10 Already broke the 1868 level earlier
Now we have 1864 support and 1871.5 resistance ...
We are within a falling wedge pattern - 1868 broken - that first support trendline for a correction towards 1860.5 - see chart below -
NEED to stay below 1871.5 for that scenario to unfold...
Interesting article on seasonalities: CHART OF THE DAY: 'Sell In May And Go Away"
07.15 Already broke the 1868 level
Now we have 1864 support and 1871.5 resistance ...
We are within a falling wedge pattern - 1868 broken - that first support trendline for a correction towards 1860.5 - see chart below -
06.35 Good Morning
Now we have 1869.5 support and 1873.5 resistance ...
We are within a falling wedge pattern - Need to break 1868 - that first support trendline for a correction towards 1860.5 - see chart below -
April 24
15.37 Still Think we are in a narrow range trading 1870 to 1875
Still have 1870 support and 1875 resistance
Have a nice evening
14.59 Near testing the 1875 level at time of writing ; Think we are in a narrow range trading 1870 to 1875
Still have 1870 support and 1875 resistance
13.56 Near testing the 1870 level at time of writing ; Retesting the 1868 level this pm good chance of breaking it to see 1864 MAX 1860.5
Now have 1870 support and 1875 resistance
13.15
Still have 1872 support and 1877 resistance
12.20 We broke the 1873 level: 1777 MAX 1882 on that move before resuming downtrend
Still have 1872 support and 1877 resistance
11.44 We broke the 1873 level now 1777 MAX 1882 on that move before resuming downtrend
Now have 1872 support and 1877 resistance ...
10.58 Dead Cat Bounce completed? Only breaking 1873 will bring us higher
Now have 1870 support and 1873 resistance ...
10.11 So DEAD CAT bounce to 1873 MAX 1877
Now have 1868 support and 1873 resistance ...
10.11 We broke the 1868 level should bounce back and IF 1870 broken then 1873 MAX 1877
Now have 1864 support and 1870 resistance ...
09.56 We broke the rising wegde and testing again the 1868/1870 zone should bounce back and IF 1873 broken then 1877 MAX 1882
Now have 1867.5 support and 1873 resistance ...
09.08 Testing the 1882 level as writing
Still have 1877 support and 1882 resistance ...
We are within a rising wedge pattern - Need to break 1873 - that first support trendline for a correction towards 1867.5 - see chart below
07.31
Still have 1877 support and 1882 resistance ...
We are within a rising wedge pattern - Need to break 1873 - that first support trendline for a correction towards 1867.5 - see chart below
06.35 Good Morning
Now we have 1877 support and 1882 resistance ...
We are within a rising wedge pattern - Need to break 1873 - that first support trendline for a correction towards 1867.5 - see chart below -
April 23
15.39 Same old, same old: I think we will retest the 1867.5 level soon and break it - 3rd time is a charm they say -
IF ever we break it, expect a quick move towards 1860.5
Now have 1869.5 support and 1873.5 resistance ...
Have a nice evening
14.52 Same old, same old: I think we will retest the 1867.5 level soon and break it - 3rd time is a charm they say -
IF ever we break it, expect a quick move towards 1860.5
Now have 1869.5 support and 1873.5 resistance ...
13.43 Same old, same old: I think we will retest the 1867.5 level soon and break it - 3rd time is a charm they say -
IF ever we break it, expect a quick move towards 1860.5
Now have 1869.5 support and 1873.5 resistance ...
12.39 I think we will retest the 1867.5 level soon and break it - 3rd time is a charm they say -
IF ever we break it, expect a quick move towards 1860.5
Now have 1869.5 support and 1873.5 resistance ...
11.46 I think we will retest the 1867.5 level soon and break it - 3rd time is a charm they say -
IF ever we break it, expect a quick move towards 1860.5
Still have 1867.5 support and 1873.5 resistance ...
11.12 I think we will retest the 1867.5 level soon - IF ever we break it, expect a quick move towards 1860.5
Now have 1867.5 support and 1873.5 resistance ...
10.31 Tested the the 1868 level and did hold for now - IF ever we break it, expect a quick move towards 1860.5
Now have 1868 support and 1872.5 resistance ...
10.05 Testing the the 1868 level - Crucial for bulls to hold above 1868
Still have 1868 support and 1873 resistance ...
-
09.37 Near testing the 1870 level - Crucial for bulls to hold above 1868
Still have 1870 support and 1875.5 resistance ...
We are within a rising wedge pattern - Need to break 1870 - that first support trendline for a correction towards 1860.5 - see chart below -
09.12
Still have 1870 support and 1875.5 resistance ...
We are within a rising wedge pattern - Need to break 1870 - that first support trendline for a correction towards 1860.5 - see chart below -
07.27
Still have 1870 support and 1875.5 resistance ...
We are within a rising wedge pattern - Need to break 1868 - that first support trendline for a correction towards 1860.5 - see chart below -
06.35 Good Morning
Now we have 1870 support and 1875.5 resistance ...
We are within a rising wedge pattern - Need to break 1868 - that first support trendline for a correction towards 1860.5 - see chart below -
April 22
15.21 near testing the 1875 level, tehn IF broken will then go for testing the major support at 1868
Only breaking 1868 will tell me we re done with that rallye...
Still have 1875 support and 1879 resistance ...
Have a nice evening
15.06 Will feel toppish from here-now 1875 broken will then go for testing the major support at 1868
Only breaking 1868 will tell me we re done with that rallye...
Still have 1875 support and 1879 resistance ...
13.56 Will feel toppish from here-now 1875 broken will then go for testing the major support at 1868
Only breaking 1868 will tell me we re done with that rallye...
Still have 1875 support and 1879 resistance ...
JUST TO LET YOU KNOW THAT I AM NOW ON MY BACK UP SYSTEM
13.07 Will feel toppish from here-now 1875 broken will then go for testing the major support at 1868
Only breaking 1868 will tell me we re done with that rallye...
Now have 1875 support and 1879 resistance ...
12.14 Reached the high made on March 21 at 1876.75 -
Will feel toppish from here-1874 broken will then go for testing the major support at 1868
Only breaking 1868 will tell me we re done with that rallye...
Now have 1874 support and 1877 resistance ...
11.28 Near testing the high made on March 21 at 1876.75 - Only breaking 1868 will tell me we re done with that rallye...
Now have 1873 support and 1876 resistance ...
10.42
Need breaking 1870 then 1868 will tell me we made the top of the day
Still have 1870 support and 1874 resistance ...
10.17 Broke the crucial resistance zone of 1868 - we will see how long it can hold -
already breaking 1870 then 1868 will tell me we made the top of the day
Now have 1870 support and 1874 resistance ...
09.50 Seems it want to test the crucial zone of 1868
Now have 1865.5 support and 1870.5 resistance ...
09.12
Still have 1863 support and 1867 resistance ...
We are within a rising wedge pattern - Need to break 1863 - that first support trendline for a correction towards 1854 - see chart below -
07.29
Still have 1862.5 support and 1867 resistance ...
We are within a rising wedge pattern - Need to break 1862.5 - that first support trendline for a correction towards 1854 - see chart below -
06.35 Good Morning
Now we have 1862.5 support and 1867 resistance ...
We are within a rising wedge pattern - Need to break 1862.5 - that first support trendline for a correction towards 1854 - see chart below -
April 21
15.31 Still think we are at the top of the day - NEED to break 1862.5 to validate the move towards 1856.5
Now have 1862.5 support and 1865.5 resistance
Have a nice evening
14.56 Still think we are at the top of the day - NEED to break 1862.5 to validate the move towards 1856.5
Now have 1862.5 support and 1865.5 resistance
14.14 Still think we are at the top of the day - NEED to break 1861 to validate the move towards 1853
Now have 1861 support and 1864.5 resistance ...
13.43 Seems we will be stuck into a tiny range 1856.5 to 1864 - NEED to break 1861 to validate the move towards 1853
Now have 1861 support and 1864 resistance ...
12.43 Seems we will be stuck into a tiny range 1856.5 to 1864 - NEED to break 1856.5 to validate the move towards 1850
Still have 1858 support and 1864 resistance ...
11.37 Seems we will be stuck into a tiny range 1856.5 to 1864 - NEED to break 1856.5 to validate the move towards 1850
Still have 1858 support and 1864 resistance ...
11.16 Seems we will be stuck into a tiny range 1856.5 to 1864
Now have 1858 support and 1864 resistance ...
10.46 We tested and broke the 1860 level: now 1856.5 broken will validate the 1850 level
Now have 1856.5 support and 1861 resistance ...
10.23 We tested the 1864 zone and faded already - I think we are near or already made the top of the day - Breaking 1860 will confirm
Now have 1860 support and 1864 resistance ...
09.59 testing the 1864 zone see 1867 max on that move
Now have 1860 support and 1864 resistance ...
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09.10
Still have 1856.5 support and 1861 resistance ...
We are within a rising wedge pattern - Need to break 1856.5 - that first support trendline for a correction towards 1850 - see chart below -
07.40 Testing 1861 at time of writing
Still have 1856.5 support and 1861 resistance ...
We are within a rising wedge pattern - Need to break 1856.5 - that first support trendline for a correction towards 1850 - see chart below -
06.33
Good Morning
Now we have 1856.5 support and 1861 resistance ...
We are within a rising wedge pattern - Need to break 1856.5 - that first support trendline for a correction towards 1850 - see chart below -
April 17
14.36 Breaking 1858 will be the trigger for a correction towards 1855.5 MAX 1853
Still have 1858 support and 1864 resistance
Have a nice Easter
14.36 Breaking 1858 will be the trigger for a correction towards 1855.5 MAX 1853
Still have 1858 support and 1864 resistance
13.53 Reached my ultimate level of 1860.5 - If you are long be cautious here
Now have 1858 support and 1864 resistance
13.31 Reached my ultimate level of 1860.5 - If you are long be cautious here
Now have 1858 support and 1864 resistance
12.53 Getting into the pm session, with liquidity drying, it will be harder to call the market. I ll stick to my technical levels
Still have 1855.5 support and 1860.5 resistance
12.10 We tested the 1855.5 zone and bounced back..I think that the next test of that level, it will break - should be back at the 1850 level...
Still have 1855.5 support and 1860.5 resistance
11.24 Still think 1857 /1860.5 will be hard to break - 1855.5 broken should be back at the 1850 level...
Still have 1855.5 support and 1860.5 resistance
10.51 Still think 1857 /1860.5 will be hard to break - 1855.5 broken should be back at the 1850 level...
Now have 1855.5 support and 1860.5 resistance
10.16 Still think 1857 /1860.5 will be hard to break
Now have 1853 support and 1857 resistance
09.45 I think 1857 /1860.5 will be hard to break
Still have 1852 support and 1857 resistance
CONNECTIVITY PROBLEMS RESOLVE
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09.15 We broke the 1851 level so 1857 MAX 1860.5 on that move
Now have 1852 support and 1857 resistance ...
07.25
Still have 1847.5 support and 1851 resistance ...
We are within a falling wedge pattern - Need to break 1851 - that first resistance trendline for another bull wave - see chart below -
06.26
Good Morning
Now we have 1847.5 support and 1851 resistance ...
We are within a falling wedge pattern - Need to break 1851 - that first resistance trendline for another bull wave - see chart below -
April 16
14.45 I do not expect much til the close -
Now have 1848 support and 1853 resistance ...
Have a nice evening
14.45 Back into the range 1842.5 to 1851- I do not expect much til the close -
Now have 1845.5 support and 1851 resistance ...
13.34 1848 was broken earlier then 1845.5 and 1842.5
Now have 1845.5 support and 1851 resistance ...
13.08 So now 1848 broken - I think it s a fade 1848 broken then 1845.5 and 1842.5
Now have 1845.5 support and 1851 resistance ...
12.15 Still into a consolidation/range now 1840.5 to 1851
Reached the top of the range - I think it s a fade 1848 broken then 1845.5 and 1842.5
Now have 1848 support and 1851 resistance ...
11.12 Still into a consolidation/range now 1840.5 to 1851 IF we break the 1840.5 level, expect a quick down move towards 1836.5
Now have 1840.5 support and 1847 resistance ...
10.32 Still into a consolidation/range now 1840.5 to 1851
Now have 1842 support and 1847 resistance ...
10.07 So we broke that 1844.5 support level - we go from a bullish trend to a consolidation/range now 1840.5 to 1851
Now have 1840.5 support and 1847 resistance ...
09.48
Still have 1844.5 support and 1851 resistance ...
- Still Need to break 1844.5 - that first resistance trendline for a trend change -
09.12
Still have 1844.5 support and 1850 resistance ...
We are within a megaphone pattern - Need to break 1844.5 - that first resistance trendline for a trend change - see chart below -
07.25
Still have 1844.5 support and 1850 resistance ...
We are within a megaphone pattern - Need to break 1844.5 - that first resistance trendline for a trend change - see chart below -
06.41
Good Morning
Now we have 1844.5 support and 1850 resistance ...
We are within a megaphone pattern - Need to break 1844.5 - that first resistance trendline for a trend change - see chart below -
April 15
15.28 I think it s a fade til the close - back towards 1831.5
Now we have 1831.5 support and 1838 resistance ...
Have a nice evening
14.59 Testing again the 50 DMA zone - I think it s a fade again - back towards 1828.5 MAX 1826
Now we have 1828.5 support and 1836 resistance ...
14.47 Insane volatility here
Now we have 1826 support and 1836 resistance ...
14.23 A last push down? towards 1820?
Now we have 1822 support and 1827 resistance ...
13.43 Dead cat bounce here MAX 1823.5 and fade back towards 1814.5
Now we have 1814.5 support and 1823.5 resistance ...
13.14 We broke already the 1814.5 level this afternoon will tell me we will make new lows 1808.5 to 1806?
Now we have 1811 support and 1816.5 resistance ...
12.40 BREAKING the 1814.5 level this afternoon will tell me we will make new lows 1808.5 to 1806?
Now we have 1814.5 support and 1820 resistance ...
12.07
Now we have 1815.5 support and 1820 resistance ...
11.43 ACCORDING TO REUTERS FIRE EXCHANGE REPORTED IN EASTERN UKRAINE_ BE CAREFUL HERE
MARKET WILL GET MORE VOLATILE
11.25 Still think of a range trade here 1820 towards 1827
Now we have 1820 support and 1823.5 resistance ...
10.55 Still think of a range trade here 1820.5 towards 1827
Now we have 1821.5 support and 1827 resistance ...
10.32 Turning NEUTRAL at those levels
Now we have 1821.5 support and 1827 resistance ...
09.42 Still think that the 1836 zone it s a fade - already IF 1834 broken then 1828.5
Now we have 1834 support and 1837.5 resistance ...
09.42 Near testing the 50 DMA zone - of 1836 - I think it s a fade
Now we have 1828.5 support and 1835 resistance ...
09.15
Now we have 1826.5 support and 1830.5 resistance ...
We are within a rising wedge - Need to break now 1832 that first resistance trendline - see chart below -
06.41
Good Morning
Now we have 1821.5 support and 1827 resistance ...
We are within a rising wedge - Need to break 1828.5 to break that first resistance trendline - see chart below -
April 14
15.02 Reached the 1815.5 zone - turning neutral
Now have 1815.5 support and 1819.5 resistance ...
14.25 Breaking the 1818 level then back towards 1815.5
Now have 1818 support and 1824.5 resistance ...
14.01 Finally broke the 1822.5 level then we saw the top of the day:and then back towards 1815.5
Now have 1818 support and 1824.5 resistance ...
13.22 Near testing the crucial support level of 1822.5
I think that IF we break the 1822.5 level, then we saw the top of the day:and then back towards 1815.5
Now have 1822.5 support and 1826.5 resistance ...
12.54 I think that IF we break the 1822.5 level, then we saw the top of the day:and then back towards 1815.5
Now have 1822.5 support and 1828.5 resistance ...
11.55 NEW ADJUSTED RANGE : so range trade still expected 1818 to 1827
Now have 1823 support and 1827 resistance ...
11.25 We exceeded a little my level but still: Same game plan here : so range trade still expected 1815.5 to 1825 in a choppy price action
Still have 1818 support and 1825 resistance ...
10.47 Same game plan here : so range trade expected 1815.5 to 1825 in a choppy price action
Now have 1818 support and 1825 resistance ...
10.24 Same game plan here : so range trade expected 1815.5 to 1825 in a choppy price action
Still have 1815.5 support and 1822.5 resistance ...
10.05 so range trade expected 1815.5 to 1825
Now have 1815.5 support and 1822.5 resistance ...
09.45 Now 1815.5 becomes resistance - we must stay above that level to push to MAX 1826 - already done - so range trade expected
1815.5 to 1826
Now have 1818.5 support and 1826 resistance ...
09.15 We broke the 1817.5 level pre-opening - - Now 1815.5 becomes resistance - we must stay above that level to push to MAX 1826
Now have 1815.5 support and 1822.5 resistance ...
We are within an upptrend channel - - see chart below -
07.29
Still have 1806 support and 1813.5 resistance ...
We are within a downptrend channel - Need to break 1817.5 to break that first resistance trendline - see chart below -
06.41
Good Morning
Now we have 1806 support and 1813.5 resistance ...
We are within a downptrend channel - Need to break 1817.5 to break that first resistance trendline - see chart below -
April 11
15.44 So 1817.5 broken MAX 1820
Now have 1808.5 support and 1817.5 resistance ...
Have a nice week end
15.21 - Not far from the low - 1807 MAX 1804 - the low as now is 1807.25 - So 1813 broken ( in the process of ) then 1817 MAX 1820
Now have 1807 support and 1813 resistance ...
14.50 So as expected:we have to see that final capitulation wave - Not far from the low - 1807 MAX 1804
Now have 1807 support and 1813 resistance ...
14.24 SO I think that IF we have to see that final capitulation wave - it is within the next 30 minutes of trading...
Now have 1813 support and 1817.5 resistance ...
14.04
Still have 1813 support and 1820 resistance ...
Just fear that within the last trading hour on this session that we can see another selling wave?
13.18
Now have 1813 support and 1820 resistance ...
Just wondering if in the last trading hour on this session that we can see another selling wave?
12.36 Still into the fade phase back towards 1823.5 ( reached ) and MAX 1817 - NOW TURNING NEUTRAL
Still have 1817 support and 1822.5 resistance ...
Just wondering if in the last trading hour on this session that we can see another selling wave?
11.57 Still into the fade phase back towards 1823.5 ( reached ) and MAX 1817
Now we have 1817 support and 1822.5 resistance ...
11.23 So 1828.5 level reached - I think we will see a fade back towards 1823.5 and MAX 1817
Now we have 1822.5 support and 1826 resistance ...
10.50 So 1817 level triggered
RISK OF A MRE SERIOUS DEAD CAT BOUNCE HERE towards 1826 to 1828.5
Now we have 1817 support and 1823.5 resistance ...
Now as long as 1817 not broken can revisit the 1810.5 and new lows...
10.20 So reached the 1813 level - Ill put a protective at 1817 to try 1810.5
Now we have 1813 support and 1817 resistance ...
Now as long as 1817 not broken can revisit the 1810.5 and new lows...
10.05
Now we have 1817 support and 1820.5 resistance ...
SO Dead cat bounce sequence completed to the 1823.5 level -
Now as long as 1820.5 not broken can revisit the 1813 and new lows...
09.47
Now we have 1817 support and 1820.5 resistance ...
Dead cat bounce at the opening - I fear risk of slippage still SO as long as 1820.5 not broken, can revisit the 1813 and new lows...
IF 1820.5 broken then 1823.5 MAX 1826
09.12
Now we have 1817 support and 1823.5 resistance ...
Already reached the daily target of 1816 - EXPECT EXTREME VOLATILITY at the opening - be cautious
ONLY a break out of 1832 will bring back a bull trend
We are within a downtrend channel - see chart below -
07.32
Now we have 1817 support and 1823.5 resistance ...
We are within a downptrend channel - see chart below -
06.35
Good Morning
Now we have 1823.5 support and 1832 resistance ...
We are within a downptrend channel - see chart below -
April 10
15.34 I think we saw most of the CAPITULATION WAVE 1825/1831 AND SQUEEZE thereafter to 1841/1844 near the close
Now have 1825 support and 1831 resistance ...
A daily close below 1843.75 will bring a bearish engulfing pattern
Have a nice evening
15.14 I think we saw most of the CAPITULATION WAVE 1825/1831 AND SQUEEZE thereafter to 1841/1844 near the close
Now have 1825 support and 1831 resistance ...
A daily close below 1843.75 will bring a bearish engulfing pattern
14.46 Risk of LAST CAPITULATION WAVE 1825/1831 AND SQUEEZE thereafter to 1841/1844 near the close
Now have 1833 support and 1837 resistance ...
A daily close below 1843.75 will bring a bearish engulfing pattern
14.21
Now have 1835.5 support and 1841 resistance ... 1839 was broken and will bring the dead cat bounce towards 1844
A daily close below 1843.75 will bring a bearish engulfing pattern
13.54
Now have 1835.5 support and 1839 resistance ... 1839 broken will bring the dead cat bounce towards 1844
A daily close below 1843.75 will bring a bearish engulfing pattern
13.27
Now have 1835.5 support and 1839 resistance ...
A daily close below 1843.75 will bring a bearish engulfing pattern
12.53 Expect a dead cat bounce towards 1847.5 MAX 1851 - 1839 must hold for that scenario - Very risky trade
Now have 1841 support and 1847.5 resistance ...
A daily close below 1843.75 will bring a bearish engulfing pattern
12.12 Expect a dead cat bounce towards 1847.5 MAX 1851 - 1839 must hold for that scenario
Now have 1841 support and 1847.5 resistance ...
11.31 real strong support is at 1851.5 zone only
Still have 1847 support and 1854.5 resistance ...
11.04 near Testing the 1854 zone but the real strong support is at 1851.5 only
Still have 1851.5 support and 1857.5 resistance ...
10.49 Broke the 1861 level then we re getting out of the bull channel
Still have 1857.5 support and 1864 resistance ...
10.01 testing the 1861 level IF BROKEN, then we re getting out of the bull channel
Still have 1861 support and 1867 resistance ...
09.43
Still have 1861 support and 1867 resistance ...
We are within an uptrend channel with 1761 as support and need to break the 1867 level to continue higher 1875.5? - see chart below
09.15
Now have 1861 support and 1867 resistance ...
We are within an uptrend channel with 1761 as support and need to break the 1867 level to continue higher 1875.5? - see chart below -
07.28
Still have 1857.5 support and 1864 resistance ...
We are within an uptrend channel with 1757.5 as support - see chart below -
06.35
Good Morning
Now we have 1857.5 support and 1864 resistance ...
We are within an uptrend channel with 1757.5 as support - see chart below -
April 9
15.34 Still think that 1862 level as my Ultimate target -
Now have 1860 support and 1864.5 resistance
Have a nice evening
14.47 Still think that 1862 level as my Ultimate target - very risky play - fade towards 1854 as long as 1864.5 not broken
Now have 1854 support and 1862 resistance
14.20 Still have that 1862 level as my Ultimate target
Now have 1854 support and 1859.5 resistance
14.07 1857.5 zone reached turning neutral MAY SQUEEZE to 1862
Now have 1854 support and 1859.5 resistance
13.37 Painful grind to MAX 1857.5 level - WE SHOULD NOT TRADE below 1850.5 for that at this point.
Still have 1850.5 support and 1854 resistance
MAJOR LEVELS for FOMC minutes: 1844 support and 1862 resistance
13.07 Painful grind to MAX 1857.5 level - WE SHOULD NOT TRADE below 1850.5 for that at this point.
Still have 1850.5 support and 1854 resistance
12.34 Finally 1852.5 zone being broken- then MAX to 1857.5
Now have 1850.5 support and 1854 resistance
11.45 I think we will test the crucial 1852.5 zone again and finally break it- then MAX to 1857.5
Still have 1847 support and 1852.5 resistance
11.15 We tested the crucial 1852.5 zone again and failed-still need to break the 1852.5 level for the dead cat bounce completion to 1857.5
Still have 1847 support and 1852.5 resistance
10.48 We tested the crucial 1851 zone again - the risk here is to break the 1852.5 level and go to 1854 max 1857.5 as long as 1847 hold
Now have 1847 support and 1852.5 resistance
10.15 We tested the crucial 1851 zone and failed so back towards 1844 max 1840.5
Now have 1844 support and 1849 resistance ...
09.45 Testing the crucial 1851 zone to break to continue to 1854 max 1857.5
Now have 1847 support and 1851 resistance ...
09.16
Nowhave 1847 support and 1851 resistance ...
The follow through of the dead cat bounce will depend on the break out of that 1849 intra day level AT THE OPENING...
We are within a triangle pattern- see chart below -
07.26
Still have 1844 support and 1849 resistance ...
The follow through of the dead cat bounce will depend on the break out of that 1849 intra day level...
We are within a triangle pattern- see chart below -
06.24
Good Morning
Now we have 1844 support and 1849 resistance ...
We are within a triangle pattern- see chart below -
April 8
15.25 Breaking 1846.5 will give 1851
Now have 1842.5 support and 1844 resistance
Have a nice evening
14.47 Still at the critical 1842.5 level
At this point, Only breaking 1842.5 will confirm lower prices towards 1835
Now have 1842.5 support and 1844 resistance
14.24 Near the critical 1842.5 level
At this point, Only breaking 1842.5 will confirm lower prices towards 1835
Now have 1842.5 support and 1846.5 resistance
13.47 At this point, we should have seen 1851 already. So I expect a fade towards 1842.5
Only breaking 1842.5 will confirm lower prices towards 1835
Now have 1842.5 support and 1846.5 resistance
13.16 At this point, only breaking 1842.5 will confirm lower prices towards 1835
I fear It can grind to 1851
Now have 1842.5 support and 1846.5 resistance ...
12.14 Still a Range trade expected 1835 to 1846.5
Now have 1843 support and 1846.5 resistance ...
11.32 Still a Range trade expected 1835 to 1843.5 ( 1846?) with very choppy price action
Now have 1840.5 support and 1846 resistance ...
11.07 Still a Range trade expected 1835 to 1843.5 with very choppy price action
Now have 1835 support and 1840.5 resistance ...
10.37 Still a Range trade expected 1835 to 1843.5 with very choppy price action
Now have 1835 support and 1840.5 resistance ...
10.14 Range trade expected 1835 to 1843.5
Still have 1837 support and 1843.5 resistance ...
09.46 Testing 1843.5 zone do not think it will break on the first attempt
Now have 1837 support and 1843.5 resistance ...
09.15
Now have 1837 support and 1841.5 resistance ...
We are within a falling wedge - usually a bullish set up IF resistance broken - see chart below -
07.26 Testing the 1834.5 support level at time of writing - the 50 DMA is at 1829 -
Still have 1834.5 support and 1841.5 resistance ...
We are within a falling wedge - usually a bullish set up IF resistance broken - see chart below -
06.35
Good Morning
Now we have 1834.5 support and 1841.5 resistance ...
We are within a falling wedge - usually a bullish set up IF resistance broken - see chart below -
April 7
15.26 We re in the process of the squeeze - short covering follow through to 1846 MAX 1851
Now have 1840 support and 1846 resistance ...
Have a nice evening.
15.01 Getting into the last hour of trading will bring more volatility and a potential squeeze - short covering
Now need to crack now 1843.5 level for expecting a follow through to 1846 MAX 1851
Now have 1838.5 support and 1843.5 resistance ...
That elastic will snap back violently on the last hour of trading
14.38 Getting into the last hour of trading will bring more volatility and a potential squeeze - short covering
Now need to crack now 1839.5 level for expecting a follow through to 1846
Still have 1834 support and 1839.5 resistance ...
That elastic will snap back violently on the last hour of trading
14.16 Now need to crack now 1839.5 level for expecting a follow through to 1846
Still have 1834 support and 1839.5 resistance ...
That elastic will snap back violently on the last hour of trading...
13.41 Now need to crack now 1839.5 level for expecting a follow through to 1846
Now have 1834 support and 1839.5 resistance ...
That elestic will snap back violently on the last hour of trading...
13.20 Still need to crack now 1843.5 level for expecting a follow through to 1851
Now have 1838.5 support and 1843.5 resistance ...
12.48 Still need to crack that 1844.5 level for expecting a follow through to 1851
Still have 1838.5 support and 1844.5 resistance ...
12.16
Now have 1838.5 support and 1844.5 resistance ... Only by breaking the 1844.5 level now can confirm a reversal trend
Reached my max level here of 1841.5
11.41
Now have 1845 support and 1851 resistance ...
Still think we will get back into the Range trade scenario after the European close here 1850 to 1857.5 and later a retest of 1857.5
1845 MUST HOLD UNLESS directly to 1841.5
11.13
Now have 1845 support and 1851 resistance ...
Still think we will get back into the Range trade scenario after the European close here 1850 to 1857.5 and later a retest of 1857.5
1845 MUST HOLD
10.37
Now have 1850 support and 1855.5 resistance ...
Range trade scenario here 1850 to 1857.5 and later a retest of 1857.5
Breaking 1857.5 will give us 1860
BUT Only Breaking 1860 will give us 1868 and 1873 - for the main dead cat bounce scenario
10.37
Now have 1850 support and 1855.5 resistance ...
Range trade scenario here 1850 to 1857.5 and later a retest of 1857.5
Breaking 1857.5 will give us 1860
BUT Only Breaking 1860 will give us 1868 and 1873 - for the main dead cat bounce scenario
10.37
Now have 1850 support and 1855.5 resistance ...
Range trade scenario here 1850 to 1857.5 and later a retest of 1857.5
Breaking 1857.5 will give us 1860
BUT Only Breaking 1860 will give us 1868 and 1873 - for the main dead cat bounce scenario
10.17 testing the 1856 zone
Now have 1850 support and 1856 resistance ...
Range trade scenario here 1850 to 1856 and later a retest of 1856
Breaking 1856 will give us 1860
BUT Only Breaking 1860 will give us 1868 and 1873 - for the main dead cat bounce scenario
09.49 Testing the 1850 zone
Now have 1848 support and 1852 resistance ...
Still think of a dead cat bounce
Breaking 1852 will give us 1856
BUT Only Breaking 1860 will give us 1868 and 1873 - for the main dead cat bounce scenario
09.05
Now have 1850 support and 1856 resistance ...
We are within a downtrend channel - see chart below -
Breaking 1856 will give us 1860
BUT Only Breaking 1860 will give us 1868 and 1873 - for the main dead cat bounce scenario
07.35
Still have 1851 support and 1856 resistance ...
We are within a downtrend channel - see chart below -
Breaking 1856 will give us 1860
BUT Only Breaking 1860 will give us 1868 and 1873 - for the main dead cat bounce scenario
06.07
Good Morning
Now we have 1851 support and 1856 resistance ...
We are within a downtrend channel - see chart below -
Breaking 1856 will give us 1860
BUT Only Breaking 1860 will give us 1868 and 1873 - for the main dead cat bounce scenario
April 4
15.51 retest of the 1863.5 before closing
Now have 1858 support and 1863.5 resistance ( weak )...
REMEMBER; on a daily basis a close below 1868 means we re into a new corrective trend from a bull trend
Have a nice week end.
15.28 Testing 1863.5 at time of writing: For a real dead cat bounce, need now to break the 1863.5 level IF then expect 1866 max 1873
Now have 1858 support and 1863.5 resistance ( weak )...
REMEMBER; on a daily basis a close below 1868 means we re into a new corrective trend from a bull trend
14.49 For a real dead cat bounce, need now to break the 1863.5 level IF then expect 1866 max 1873
Now have 1858 support and 1863.5 resistance ( weak )...
REMEMBER; on a daily basis a close below 1868 means we re into a new corrective trend from a bull trend
14.32 For a real dead cat bounce, need now to break the 1866 level IF then expect 1870 max 1875.5
Now have 1862 support and 1866 resistance ( weak )...
REMEMBER; on a daily basis a close below 1868 means we re into a new corrective trend from a bull trend.
13.45 For a real dead cat bounce, need now to break the 1870 level IF then expect 1875.5 max 1880.5
Now have 1866 support and 1870 resistance ( weak )...
REMEMBER; on a daily basis a close below 1868 means we re into a new corrective trend from a bull trend.
13.09 For a real dead cat bounce, need to break the 1873 level IF then expect max 1880.5
Still have 1868 support and 1873 resistance ( weak )...
12.24 Back almost at the 1873 level - even 1870.5 did not hold -panis selling in the internet stoks
Now have 1868 support and 1873 resistance ( weak )...
11.52 1873 strong support - expect a dead cat bounce to max 1880.5 - 1870.5 must hold for that scenario
Now have 1873 support and 1880.5 resistance ...
11.30 IF not able to get back above 1884.5 soon, expect another big selling wave this afternoon-
Now have 1878 support and 1884.5 resistance ...
10.52 Consolidation after Dead cat bounce to max 1892 before resuming downtrend for a retest of 1884 -
Still have 1884 support and 1889.5 resistance ...
10.19 Dead cat bounce to max 1892 before resuming downtrend for a retest of 1884 -please fasten your seat belt...
The Yen is starting slowly to strenghten 103.50 broken can drive SP500 down...
Still have 1884 support and 1889.5 resistance ...
For the Bulls 1884 must hold -
09.54 Testing the 1884 level at time of writing -
Now have 1884 support and 1889.5 resistance ...
For the Bulls 1884 must hold -
09.42 Testing the 1887.5 at time of writing - scenario intact
Now have 1887.5 support and 1892 resistance ...
My scenario is a grind at the opening to 1895 and fade back towards 1887.5 max 1884
For the Bulls 1884 must hold - see chart below
09.15
Now have 1887.5 support and 1892 resistance ...
My scenario is a grind at the opening to 1895 and fade back towards 1887.5 max 1884
For the Bulls 1884 must hold - see chart below
We are within that big rising wedge - see chart below -
07.29 For NFP BIG LEVELS TO WATCH are 1868 and 1905
Still have 1884 support and 1887.5 resistance ...
We are still within that big uptrend channel - see chart below -
06.30
Good Morning
Now we have 1884 support and 1887.5 resistance ...
We are still within that big uptrend channel - see chart below -
April 3
15.38 Expect volatility to pick til the closing session - tough call for the remaining 30 minutes but risk still tilted to the downside
Now have 1875.5 support and 1882.5 resistance
A DAILY CLOSE BELOW 1882.75 will create a shooting star
Have a nice evening
15.25 Expect volatility to pick til the closing session - tough call for the remaining 30 minutes but risk still tilted to the downside
Now have 1875.5 support and 1882.5 resistance
14.50 1878.5 broken so 1879 becomes resistance here
Now have 1874 support and 1879 resistance
14.37 IT S NOW OR NEVER Now retesting 1878.5 have a good chance to crack it
IF we break 1878.5, then we re talking serious correction ahead
Stillhave 1878.5 support and 1883.5 resistance
14.06 I think the Dead cat bounce is over ( Must stay below 1883.5 for that scenario ) Now retesting 1878.5 have a good chance to crack it IF we break 1878.5, then we re talking serious correction ahead
Stillhave 1878.5 support and 1883.5 resistance
13.29 Dead cat bounce to 1883.5 MAX 1885 before retesting 1878.5
IF we break 1878.5, then we re talking serious correction ahead
Now have 1878.5 support and 1883.5 resistance
13.00 Testing the 1878.5 level IT IS CRUCIAL HERE SO 1878.5 will be the real bull test -
IF we break 1878.5, then we re talking serious correction ahead
Now have 1878.5 support and 1883.5 resistance
12.17 SO 1878.5 will be the real bull test - we are now into a paralel channel - see chart below comments
IF we break 1878.5, then we re talking serious correction ahead
Now have 1880 support and 1883.5 resistance ...
11.21 SO finally broke the 1883,5 level Can have a dead cat bounce to max 1885 before resuming downtrend 1878.5 for the real bull test
IF we break 1878.5, then we re talking serious correction ahead
Now have 1880 support and 1883.5 resistance ...
10.46 SO finally broke the 1883,5 level Can have a dead cat bounce to max 1885 before resuming downtrend 1878.5 for the real bull test
Now have 1881 support and 1885 resistance ...
10.27 Still think a fade towards 1883.5 IF broken will give us 1878.5 for the real bull test
For that scenario to unfold we should NOT trade over 1888
Still have 1883.5 support and 1887.5 resistance ...
10.08 Still think a fade towards 1883.5 IF broken will give us 1878.5 for the real bull test
For that scenario to unfold we should NOT trade over 1888
Now have 1883.5 support and 1887.5 resistance ...
09.43 Testing the 1886.5 zone at time of writing... It will fade - 1883.5 broken will give us 1878.5 for the real bull test
For that scenario to unfold we should NOT trade over 1888
Still have 1883.5 support and 1886.5 resistance ...
09.15 Testing the 1883.5 at time of writing... Think we will test the 1878.5 level at the first hour of trading.and rebound...
Still have 1883.5 support and 1886.5 resistance ...
We are still within that big uptrend channel - see chart below - The 1878.5 support is crucial to hold
07.45
Still have 1883.5 support and 1886.5 resistance ...
We are still within that big uptrend channel - see chart below - The 1878.5 support is crucial to hold
06.30
Good Morning
Now we have 1883.5 support and 1886.5 resistance ...
We are still within that big uptrend channel - see chart below - The 1878.5 support is crucial to hold
April 2
15.35 Very tough call til the close
To see lower prices, we need to break 1881
Now have 1881 support and 1887 resistance ...
Have a nice evening
15.11 Still think we will see a test of 1877 til the close
Still the Same game plan; to see lower prices, we need to break 1878.5
Now have 1878.5 support and 1883.5 resistance ...
13.59 Still think we will see a test of 1877
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1877 support and 1881 resistance ...
13.34 Still think we will see a test of 1877
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1877 support and 1882.5 resistance ...
12.51 Not much new in terms of trading action - would be very surprise to reach 1887 today - I think more of a test of 1877
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1880.5 support and 1883.5 resistance ...
11.26
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1880.5 support and 1883.5 resistance ...
11.26 So we tested the 1883.5 and start a tiny fade - very low volume and activity...
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1879 support and 1883.5 resistance ...
10.42 Still the Same game plan; to see lower prices, we need to break 1877
Now have 1879 support and 1883.5 resistance ...
Will be surprised to see a new break out at this point -but if 1883.5 broken then 1887...
10.24 Still the Same game plan; to see lower prices, we need to break 1877
Now have 1877 support and 1881.5 resistance ...
Starting to trade below 1877 will be technical weakness and go back towards the 1874 max 1870.5
09.51 Same game plan; to see lower prices, we need to break 1877
Now have 1877 support and 1881.5 resistance ...
Starting to trade below 1877 will be technical weakness and go back towards the 1874 max 1870.5
09.14 Testing the 1878.5 at time of writing
Still have 1878.5 support and 1883.5 resistance ...
Starting to trade below 1877 will be technical weakness and go back towards the 1874 max 1870.5
We are still within that big uptrend channel - see chart below
07.24
Still have 1878.5 support and 1883.5 resistance ...
Starting to trade below 1877 will be technical weakness and go back towards the 1874 max 1870.5
We are still within that big uptrend channel - see chart below
06.30
Good Morning
Now we have 1878.5 support and 1883.5 resistance ...
We are still within that big uptrend channel - see chart below
April 2
15.35 Very tough call til the close
To see lower prices, we need to break 1881
Now have 1881 support and 1887 resistance ...
Have a nice evening
15.11 Still think we will see a test of 1877 til the close
Still the Same game plan; to see lower prices, we need to break 1878.5
Now have 1878.5 support and 1883.5 resistance ...
13.59 Still think we will see a test of 1877
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1877 support and 1881 resistance ...
13.34 Still think we will see a test of 1877
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1877 support and 1882.5 resistance ...
12.51 Not much new in terms of trading action - would be very surprise to reach 1887 today - I think more of a test of 1877
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1880.5 support and 1883.5 resistance ...
11.26
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1880.5 support and 1883.5 resistance ...
11.26 So we tested the 1883.5 and start a tiny fade - very low volume and activity...
Still the Same game plan; to see lower prices, we need to break 1877
Now have 1879 support and 1883.5 resistance ...
10.42 Still the Same game plan; to see lower prices, we need to break 1877
Now have 1879 support and 1883.5 resistance ...
Will be surprised to see a new break out at this point -but if 1883.5 broken then 1887...
10.24 Still the Same game plan; to see lower prices, we need to break 1877
Now have 1877 support and 1881.5 resistance ...
Starting to trade below 1877 will be technical weakness and go back towards the 1874 max 1870.5
09.51 Same game plan; to see lower prices, we need to break 1877
Now have 1877 support and 1881.5 resistance ...
Starting to trade below 1877 will be technical weakness and go back towards the 1874 max 1870.5
09.14 Testing the 1878.5 at time of writing
Still have 1878.5 support and 1883.5 resistance ...
Starting to trade below 1877 will be technical weakness and go back towards the 1874 max 1870.5
We are still within that big uptrend channel - see chart below
07.24
Still have 1878.5 support and 1883.5 resistance ...
Starting to trade below 1877 will be technical weakness and go back towards the 1874 max 1870.5
We are still within that big uptrend channel - see chart below
06.30
Good Morning
Now we have 1878.5 support and 1883.5 resistance ...
We are still within that big uptrend channel - see chart below
April 1
15.42 1873.5 was broken earlier SO max 1878 on that move til the close
Now have 1874 support and 1878 resistance ...
Have a nice evening.
15.18 1873.5 broken SO max 1878 on that move
Now have 1874 support and 1878 resistance ...
14.29 Range trade here - will be surprise to get over the 1873.5 level and stay there - think a fade within the range
I still think we will test the support at the 1868 level and IF broken, can gap down quickly towards1865 and 1862.5
Still have 1868 support and 1873.5 resistance ...
13.57 Same game plan here:
I still think we will test the support at the 1868 level and IF broken, can gap down quickly towards1865 and 1862.5
Still have 1868 support and 1873.5 resistance ...
13.21 Same game plan here:
I still think we will test the support at the 1868 level and IF broken, can gap down quickly towards1865 and 1862.5
Still have 1868 support and 1873.5 resistance ...
12.42 I still think we will test the support at the 1868 level and IF broken, can gap down quickly towards1865 and 1862.5
Now we have 1868 support and 1873.5 resistance ...
11.58 I think we will test the support at the 1868 level and IF broken, can gap down quickly towards1865 and 1862.5
Now we have 1868 support and 1873.5 resistance ...
11.24 I think we will find good support at the 1868 level
Now we have 1868 support and 1873.5 resistance ...
10.41 I think we saw a short ter top at 1877.25
Starting to trade below 1874 will tell me we will resume downtrend
Now we have 1874 support and 1878 resistance ...
10.22
Starting to trade below 1871.5 will tell me we will resume downtrend
Now we have 1871.5 support and 1876.5 resistance ...
10.03
Starting to trade below 1870 will tell me we will resume downtrend
Now we have 1870 support and 1876.5 resistance ...
09.40
We broke the 1868 level - NOW must stay above 1865 to keep that break out alive
Starting to trade below 1865 will tell me we have a false break out ( short term basis )
Now we have 1868 support and 1872 resistance ...
09.15
We broke the 1868 level - NOW must stay above 1865 to keep that break out alive
Starting to trade below 1865 will tell me we have a false break out ( short term basis )
Now we have 1866.5 support and 1872 resistance ...
07.41
In the process of breaking 1868 - that is very crucial IF break and stay above - a quite bullish pattern
Now we have 1866 support and 1868 resistance ...
Breaking that 1868 resistance line will give us 1872 max 1876.5 - see chart below
06.30
Good Morning
Now we have 1866 support and 1868 resistance ...
Breaking that 1868 resistance line will give us 1872 max 1876.5 - see chart below
March 31
15.41 I am surprised: no more volatility and no price pressure
Now lhave 1863.5 support and 1868 resistance ...
Have a nice evening
15.21 The tricky part of the trading session: the last 30 minutes
I still expect some price pressure. 1862.5 broken will give us 1857.5 max 1855.
Stillhave 1862.5 support and 1866 resistance ...
15.02 Getting close to the last hour of the trading session, expect some price pressure. 1862.5 broken will give us 1857.5 max 1855.
Stillhave 1862.5 support and 1866 resistance ...
14.34 Getting close to the last hour of the trading session, expect some price pressure. 1862.5 broken will give us 1857.5 max 1855.
Now have 1862.5 support and 1866 resistance ...
13.53 Getting close to the last hour of the trading session, expect some price pressure. 1862.5 broken will give us 1857.5 max 1855.
Still have 1862.5 support and 1868 resistance ...
13.23 Still same game plan here: Reached the 1868 level - upper of the trading range - fade towards 1860
Still have 1862.5 support and 1868 resistance ...
12.53 Reached the 1868 level - upper of the trading range - fade towards 1860
Still have 1862.5 support and 1868 resistance ...
12.16
SO 1864.5 was broken and confirmed we are back into a range trade: 1860 max 1868 for now
Now have 1862.5 support and 1868 resistance ...
11.59
SO 1863 was broken and confirmed we saw the top of the day: NOW back towards 1857.5 max 1855 for now IF we stay below 1864.5
Now have 1860 support and 1864.5 resistance ...
11.24 SO reached the 1866 level: and broke the 1863 level: almost a text book case - they must change the tape!
IF 1863 broken will confirm we saw the top of the day and back towards 1857.5 max 1855 for now
Now have 1863 support and 1864.5 resistance ...
11.01 SO reached the 1866 level: As long as 1863 support hold ; IF 1863 broken will confirm we saw the top of the day
and back towards 1857.5 max 1855 for now
Now have 1863 support and 1868 resistance ...
10.36 SO reached the 1866 level: As long as 1862 support hold ; IF 1862 broken will confirm we saw the top of the day
and back towards 1857.5 max 1855 for now
Still have 1862 support and 1868 resistance ...
10.17 SO reached the 1866 level: As long as 1862 NEAR THE HIGH OF THE DAY
Now have 1862 support and 1868 resistance ...
10.01 As long as 1862 hold a retest of 1866 NEAR THE HIGH OF THE DAY
Now have 1862 support and 1866 resistance ...
09.47 As long as 1860 hold a retest of 1863 and max 1866
Now have 1860 support and 1866 resistance ...
09.15 So we broke the 1858.5 level; getting towards 1863 MAX 1866 before resuming downtrend... See chart below
Now have 1857.5 support and 1863 resistance ...
07.20
Still have 1855 support and 1858.5 resistance ...
Breaking that 1858.5 resistance line will give us 1863 max 1866 - see chart below
06.30
Good Morning
Now we have 1855 support and 1858.5 resistance ...
Breaking that 1858.5 resistance line will give us 1863 max 1866 - see chart below
March 28
15.23 Same old same old: Reached 1848 - turning NEUTRAL here BUT risk still tillted on the downside!
Now have 1848 support and 1852 resistance ...
Have a nice week end
14.52 Reached 1848 - turning NEUTRAL here BUT risk still tillted on the downside!
Now have 1848 support and 1852 resistance ...
14.12 Reached 1848 - turning NEUTRAL here
Now have 1851.5 support and 1855 resistance ...
13.52 I think we will fade towards 1848 MAX 1843 .
Now have 1851.5 support and 1855 resistance ...
13.14 Cracked the 1854.5 level; let s the party begin: I think we will fade towards 1848 /1843 zone...
Now have 1853 support and 1857.5 resistance ...
12.34 Who wants to hold risk through the week end? I think we will fade towards 1848 /1843 zone...
Still have 1854.5 support and 1859 resistance ...
11.56 Same game plan here with adjusted level : Need to break 1854.5 to confirm back to 1848 /1843 zone...
Still have 1854.5 support and 1859 resistance ...
11.14 Same game plan here with adjusted levle : Need to break 1854.5 to confirm back to 1848 /1843 zone...
Now have 1854.5 support and 1859 resistance ...
10.38 Same game plan here: Need to break 1853 to confirm back to 1848 /1843 zone...
Now have 1853 support and 1859 resistance ...
10.15 Need to break 1853 to confirm back to 1848 /1843 zone...
Now have 1853 support and 1859 resistance ...
09.58 As expected - dead cat bounce towards max 1855 and fade after... back towards 1850
Breaking 1848 will tell me getting back to 1843
Now have 1848 support and 1855.5 resistance ...
09.46 As expected - dead cat bounce towards max 1855 and fade after... back towards 1850
Now have 1846 support and 1855.5 resistance ...
09.14
Still have 1843 support and 1847.5 resistance ...
Breaking that 1847.5 resistance line will give us MAX 1855.5 and fade thereafter - see chart below
07.31
Now have 1843 support and 1847.5 resistance ...
Breaking that 1847.5 resistance line will give us MAX 1855.5 - see chart below
06.35
Good Morning
Now we have 1843 support and 1848.5 resistance ...
Breaking that 1848.5 resistance line will give us 1855.5 - see chart below
March 27
15.25 We still have a falling wedge - 1837.5 support and 1844.5 resistance will dictate price action til the closing session
Now have 1837.5 support and 1844.5 resistance
Have a nice evening
14.36 We have a falling wedge - we should have already did a move on that - turn a lot more cautious here...
Now have 1837.5 support and 1842.5 resistance
14.09 We have a falling wedge - usually a bullish pattern - meaning a huge move is near us... see chart below
Now have 1836.5 support and 1841.5 resistance
13.19 SO 1834 double bottom intraday , 1834.5 low of March 13 IF daily close above 1845, we a a bullish hammer...
Did almost 1845 - turning neutral then...
Now have 1840.5 support and 1845 resistance
12.48 1834 double bottom done, so we can start a retest of the 1845 level in a slow grinding way...
Now have 1838 support and 1842.5 resistance
11.56 We broke the 1841 level for a retest of the 1834 double bottom?
Now have 1836.5 support and 1842.5 resistance ...
11.14 Still expect - range trade 1841 to 1848.5
Now have 1841 support and 1845 resistance ...
10.39 Still expect - range trade 1841 to 1848.5
Now have 1841 support and 1848.5 resistance ...
10.14 Dead cat bounce completed - turn neutral here - range trade
Now have 1841 support and 1846 resistance ...
09.47 So great scenario unfolding here - sell off near the 1836.5 zone and painful grind to 1841 max 1844
Now have 1836.5 support and 1841 resistance ...
09.15
Now have 1839 support and 1846 resistance ... We have a new falling wedge - see chart below
So here the best scenario is a sell off at the opening ( 1836.5? ) and thereafter finally the grind towards 1848.5 and 1852 -
07.28
Still have 1844 support and 1848.5 resistance ...
I think we will painly grind to 1848.5 and 1852 - see chart below
06.35
Good Morning
Now we have 1844 support and 1848.5 resistance ...
I think we will painly grind to 1848.5 and 1852 - see chart below
March 26
15.37 range trade 1850 to 1856 with risk of short covering into the last 15 minutes of trading session
Now have 1850 support and 1856 resistance ...
Have a nice evening
15.13 dead cat bounce completed - NOW range trade 1850 to 1856
Now have 1850 support and 1856 resistance ...
14.52 a tiny dead cat bounce almost completed with targets to 1854 max 1856
Now have 1851.5 support and 1856 resistance ...
14.27 a tiny dead cat bounce still expected to 1854 max 1856
Now have 1851.5 support and 1856 resistance ...
14.03 a tiny dead cat bounce expected to 1856 max 1859
Now have 1854 support and 1859 resistance ...
13.37 So we broke the 1860 level and go to 1856 MAX 1854 before a tiny dead cat bounce
Now have 1854 support and 1859 resistance ...
13.01 Here s the risk of breaking 1860 and go to 1856 MAX 1854
Still have 1860 support and 1864.5 resistance ...
12.09 Still Expect range trade here 1860 to 1868 - But a triple test of the support zone start to be a concern...
Stillhave 1860 support and 1864.5 resistance ...
11.31 Still Expect range trade here 1862 to 1868
Now have 1860 support and 1864.5 resistance ...
1862 zone is a strong support here
10.21 Expect range trade here 1862 to 1868
Now have 1862 support and 1869 resistance ...
1862 is a strong support here
09.41 So that 1866 / 1868 is a real Wall
Still have 1864.5 support and 1868 resistance ...
Breaking 1868 level can squueze into the 1875 and tumble like March 21 price action
09.15
Now we have 1864.5 support and 1868 resistance ...
We have a rising channel - 1866 to 1868 zone huge resistance - see chart below
Breaking 1868 level can squueze into the 1875 and tumble like March 21 price action
07.26
Now we have 1862 support and 1866 resistance ...
We have a rising channel - 1866 to 1868 zone huge resistance - see chart below
06.35
Good Morning
Now we have 1859 support and 1864.5 resistance ...
We have a rising channel - 1866 to 1868 zone huge resistance - see chart below
March 25
15.28 Still think Range trade expected til the close 1854 to 1861...
Now have 1856 support and 1861 resistance ...
Have a nice evening
15.02 Range trade expected til the close 1854 to 1861...
Now have 1856 support and 1861 resistance ...
13.57 Getting into expensive area near 1860/62 zone...
Now have 1857 support and 1862 resistance ...
13.01 Dead cat bounce here towards reached almost 1855 - tunring Neutral
Now have 1848 support and 1855 resistance ...
12.36 We may have another dead cat bounce here towards MAX 1855
Now have 1848 support and 1855 resistance ... 1845 the Ultimate bear level?
11.37 Dead Cat Bounce already dead! Lower high, lower lows - painful process for the bulls
Still have 1851.5 support and 1857 resistance ... 1845 the Ultimate bear level? IF 1851.5 broken
11.05 Tested lower than the 1854 zone but shloud expect a dead cat bounce towards 1857 MAX 1859
Now have 1851.5 support and 1857 resistance ...
10.36 OK it did rach 1864.5 and now Still think that 1862 MAX 1864 and resume downtrend to 1854
Now have 1854 support and 1859 resistance ...
1854 is a strong support here
10.05 Still think that 1862 MAX 1864 and resume downtrend to 1854
Now have 1856.5 support and 1862 resistance ...
09.38
Now have 1856.5 support and 1862 resistance ... Maket tested the upper zone 1862/64 before resuming downtrend to 1854
09.15
Now have 1854 support and 1858.5 resistance ... Maket can push MAX 1862/64 zone before resuming downtrend
Already broke the resistance line at 1855 on the upside - Now IF we break 1851.5 - it will mean extreme technical weakness
Support trendline - see chart below
07.34
Still have 1848 support and 1855 resistance ...
We have a nice wegde this morning + yesterdays resistance trendline converging at 1855
1855 is a key resistance level here - Must break above for a stronger dead cat bounce - see chart below
06.35
Good Morning
Now we have 1848 support and 1855 resistance ...
We have a nice wegde this morning + yesterdays resistance trendline converging at 1855
1855 is a key resistance level here - Must break above for a stronger dead cat bounce - see chart below
March 24
15.27 Can see a last push for short covering til the close:IF Broke the 1851.5 - can extend max towards 1854.5
Now have 1848 support and 1854.5 resistance ...
Have a nice evening...
15.03 Broke the 1851.5 - can extend max towards 1854.5
Now have 1848 support and 1854.5 resistance ...
14.34 dead cat bounce over... It did almost1851.5 - Now consolidation into that zone 1845.5 towards 1851.5
Stillhave 1845.5 support and 1851.5 resistance ...
14.08 dead cat bounce almost over... max 1851.5 on that move
Now have 1845.5 support and 1851.5 resistance ...
13.49 Finally in the process of a tiny dead cat bounce... 1845 tested, next step 1847.5 to max 1851.5
Now have 1843.5 support and 1847.5 resistance ...
13.09
Now have 1842 support and 1845 resistance ...
1842 remains a Major Support Level
Breaking 1845 will give us 1847.5 max 1851.5
12.33
Now have 1844.5 support and 1847.5 resistance ...
1842 remains a Major Support Level
Breaking 1847.5 will give us max 1851.5 before resuming downtrend
12.06
Still have 1844.5 support and 1848 resistance ...
1842 remains a Major Support Level
Breaking 1848 will give us max 1851.5 before resuming downtrend
11.40
Now have 1844.5 support and 1848 resistance ...
Breaking 1848 will give us max 1851.5 before resuming downtrend
11.27
Now have 1844.5 support and 1848 resistance ...
1842 IS A MAJOR SUPPORT HERE AND MUST REBOUND FROM HERE
I think we have a dead cat bounce ( as long as 1842 hold ) here to max 1851.5 before resuming downtrend
11.08
Now have 1846 support and 1851.5 resistance ...
I think we have a dead cat bounce ( as long as 1846 hold ) here to max 1854.5 before resuming downtrend
10.50
Now have 1849.5 support and 1854.5 resistance ...
I think we have a dead cat bounce ( as long as 1846 hold ) here to max 1854.5 before resuming downtrend
10.20
Now have 1853 support and 1858.5 resistance ...
I think we have a dead cat bounce ( as long as 1849.5 hold ) here to max 1858.5 before resuming downtrend
10.03
Now have 1855 support and 1862 resistance ...
1855 is a key support level here - Must stay above
We failed to reach 1868 and tumbled after that - weak technicals according to me.
09.14
Still have 1859.5 support and 1864.5 resistance ...
1855 is a key support level here - Must stay above
I think a retest of the 1868 level today - see chart below
A retest of 1868 ( a fail or break ) will decide of the price action for the remaining trading session
07.31
Stillhave 1859.5 support and 1864.5 resistance ...
1855 is a key support level here - Must stay above - a retest of the 1868 level today? - see chart below
06.35
Good Morning
Now we have 1859.5 support and 1864.5 resistance ...
1855 is a key support level here - Must stay above - a retest of the 1868 level today? - see chart below
MARCH 21
15.45
Still have 1856.5 support and 1863 resistance ...
OPTIONS EXPIRATION MAKE IT VERY DIFFICULT TO CALL the last 30 minutes of price action - caution is advised
A DAILY CLOSE BELOW 1864.75 WILL CREATE A SHOOTING STAR PATTERN
Have a nice evening
15.12 Can have a dead cat bounce here to max 1863
Stillhave 1856.5 support and 1863 resistance ...
OPTIONS EXPIRATION MAKE IT VERY DIFFICULT TO CALL the last 30 minutes of price action - caution is advised
A DAILY CLOSE BELOW 1864.75 WILL CREATE A SHOOTING STAR PATTERN
14.47 Can have a dead cat bounce here to max 1863
Now have 1856.5 support and 1863 resistance ...
A DAILY CLOSE BELOW 1864.75 WILL CREATE A SHOOTING STAR PATTERN
14.34 Reached the 1862.5 zone - Turning neutral - Can have a dead cat bounce here to max 1866
Now have 1856 support and 1863 resistance ...
A DAILY CLOSE BELOW 1864.75 WILL CREATE A SHOOTING STAR PATTERN
13.56 Reached the 1862.5 zone - Turning neutral - Can have a dead cat bounce here to max 1866
Now have 1860.5 support and 1866 resistance ...
A DAILY CLOSE BELOW 1864.75 WILL CREATE A SHOOTING STAR PATTERN
13.33 Broke finally the 1867.5 zone - I see max 1860.5 on that
Now have 1863.5 support and 1870.5 resistance ...
A DAILY CLOSE BELOW 1864.75 WILL CREATE A SHOOTING STAR PATTERN
13.14 Testing finally the 1867.5 zone - IT S NOW OR NEVER for the correction
Still think we will trade towards WHEN 1867.5 broken 1863.5 in a slow bleed
Still have 1867.5 support and 1873.5 resistance ...
13.02 Still in a tiny range trade - Risk is still towards lower prices in a slow bleed
Still think we will trade towards WHEN 1867.5 broken 1863.5 in a slow bleed
Still have 1867.5 support and 1873.5 resistance ...
12.35 Still in a tiny range trade - Risk is towards lower prices in a slow bleed
Still think we will trade towards WHEN 1867.5 broken 1863.5 in a slow bleed
Still have 1867.5 support and 1873.5 resistance ...
11.25 Tested almost the 1867.50 level and a tiny rebound here. -
Still think we will trade towards WHEN 1867.5 broken 1863.5 in a slow bleed
Stillhave 1867.5 support and 1873.5 resistance ...
10.36 Finally Broke the 1870 zone - I think we will trade towar 1863.5 MAX in a slow bleed
Now have 1867.5 support and 1873.5 resistance ...
10.16 Testing the 1870 zone - the remainig session will be based IF we break it or not - I think we will do and trade towards 1863.5 MAX
Still have 1870 support and 1874 resistance ...
09.45 Opening with a run up - MUST stay over 1870 for the trend to continue
Still have 1870 support and 1877.5 resistance ...
09.14
Still have 1867.5 support and 1872.5 resistance ...
We have a broken resistance trendline at 1867.5 - Must stay above to keep a bullish trend - see chart below
07.28
Still have 1867.5 support and 1872.5 resistance ...
We have a broken resistance trendline at 1867.5 - Must stay above to keep a bullish trend - see chart below
06.35
Good Morning
Now we have 1867.5 support and 1872.5 resistance ...
We have a broken resistance trendline at 1867.5 - Must stay above to stay bullish - see chart below
March 20
14.41 Still the same game plan til the close - The fade have begun - Need not to get over 1866.5 for that scenario to unfold
1863.5 broken will be the fist step...
Now have 1863.5 support and 1866.5 resistance ...
Have a nice evening.
14.07 The fade have begun - Need not to get over 1866.5 for that scenario to unfold
Now have 1861 support and 1866.5 resistance ...
13.37 Reached the critical zone 1866.5 / 1868 zone - It will fail again I think 1863.5 broken will be the first sign
Now have 1863.5 support and 1866.5 resistance ...
12.52 Reached almost the critical zone 1866.5 / 1868 zone - It will fail again I think 1863 broken will be th first sign
Now have 1861 support and 1866.5 resistance ...
12.28 Market is pushing beyong the range trade channel, indicating a potential retest of the 1866.5 / 1868 zone - It will fail again I think
Nowhave 1857.5 support and 1866.5 resistance ...
12.05 Still the same game plan -NEED a break of 1855 to be a more meaningfull correction towards 1850 MAX UNLESS range trade here
Still have 1855 support and 1860.5 resistance ...
11.33 - NEED a break of 1855 to be a more meaningfull correction towards 1850 MAX UNLESS range trade here
Still have 1855 support and 1860.5 resistance ...
10.58 The fade have begun - NEED a break of 1855 to be a more meaningfull correction towards 1850 MAX
Now we have 1855 support and 1860.5 resistance ...
10.33
Now we have 1855 support and 1860.5 resistance ...
MAX 1858/1860 zone on that dead cat bounce before resuming downtrend
10.17
Now we have 1850 support and 1856.5 resistance ...
MAX 1858/1860 zone on that dead cat bounce before resuming downtrend
09.51
Now we have 1844.5 support and 1850 resistance ...
Testing the 1842 / 1845.5 and rebound will be seen strong technically
09.12
Take note that today, the last intraday update will be at 15.00 NY Time. Thanks
Now we have 1844.5 support and 1850 resistance ...
On pre-opening, a series of lower highs and lower lows... IF 1850 not broken, the market will retest the lows of yesterday (1842)
We broke the support trendline from a triangle pattern earlier this morning - see chart below
07.32
Now we have 1844.5 support and 1853 resistance ...
We broke the support trendline from a triangle pattern - see chart below
06.32
Good Morning
Now we have 1845.5 support and 1853 resistance ...
We have a triangle pattern - see chart below
March 19
15.37 Dead cat bounce in progress here to 1852 MAX 1855 before resuming downtrend
IF break back 1849 then 1846 MAX 1844 til the close
Now have 1846 support and 1855 resistance
A daily close below 1845 will creat a bearish Engulfing Pattern
Have a nice evening
15.22 Dead cat bounce expected here to 1852 MAX 1855
Now have 1846 support and 1855 resistance
15.10 Almost 1847 already - I think the big move is behind us...
Now have 1847 support and 1855 resistance
14.42 A retest of the 1855 zone, will be very bad technically speaking and IF cracked then 1852 and 1847
Now have 1855.5 support and 1864 resistance
14.20 DID tested the 1855 zone, now a dead cat bounce towards 1862 MAX 1864
Now have 1855.5 support and 1864 resistance ...
14.05 DROPPING the 6.5 % on Unemployement target - they don t want to be stuck because economy doing good
A bearish statement according to me
1862 broken then 1855.5 MAX 1852
Now have 1855.5 support and 1866 resistance ...
13.44 1855.5 support and 1875 resistance range For FOMC
FED LEVELS IF 1862 broken then 1855.5 anf IF 1868 broken then 1875 MAX
Now have 1863 support and 1866 resistance ...
Forwards Guidance WILL BE CRUCIAL in terms of growth AND Inflation Expectations Impact on financial markets - not QE
13.08 Still in a narrow range without volatility
FED LEVELS IF 1862 broken then 1855.5 anf IF 1868 broken then 1875 MAX
Now have 1863 support and 1866 resistance ...
Forwards Guidance WILL BE CRUCIAL in terms of growth AND Inflation Expectations Impact on financial markets - not QE
11.43 Broke the 1864 level - IF we break 1862 ( support of the wedge trendline) then it gets more serious in potential correction 1855.5?
Now have 1862 support and 1866 resistance ...
10.52 Well, tiny range - the more time w spend here, next move will be violent
Still have 1864 support and 1868 resistance ...
10.34 We almost tested the major resistance zone at 1868 and failed again - IF a third attempt, it will break
Hard to believe we re already in a range trade...
Now have 1864 support and 1868 resistance ...
IF we break the 1868 level, then bulls will push it to 1872 max 1875
10.04 We tested the support of the rising wedge and rebounded - strong technicals
Now have 1864 support and 1868 resistance ...
IF we break the 1868 level, then bulls will push it to 1872 max 1875
09.43 Already near testing the rising wedge?
Now have 1861 support and 1866 resistance ...
We have a rising wedge with a support level at 1861 for now and a resistance trendline at 1868 - see chart below
09.14
Still have 1864 support and 1868 resistance ...
We have a rising wedge with a support level at 1861 for now and a resistance trendline at 1868 - see chart below
07.22
Now have 1864 support and 1868 resistance ...
We have a rising wedge with a resistance trendline at 1868 - see chart below
06.32
Good Morning
Now we have 1861 support and 1868 resistance ...
We have a rising wedge - see chart below
March 18
15.32 It s now or never : Expect profit taking in the last 30 minutes of trading
Now we have 1863 support and 1867 resistance ...
We should start to crack 1863 for the correction to be confirmed -
Have a nice evening
15.07 Expect profit taking in the last 30 minutes of trading
Now we have 1863 support and 1867 resistance ...
We should start to crack 1863 for the correction to be confirmed -
14.38 Expect profit taking in the last 30 minutes of trading
Now we have 1863 support and 1868 resistance ...
We should start to crack 1863 for the correction to be confirmed -
14.00 The 1862 - 1864.5 zone - it should be the top of the day that zone - well - they re pushing it furthur to 1868
Now we have 1861 support and 1868 resistance ...
We should start to crack 1861 for the correction to be confirmed -
12.52 The 1862 - 1864.5 zone - it should be the top of the day that zone
Now we have 1859.5 support and 1864.5 resistance ...
We should start to crack 1859.5 for the correction to be confirmed -
Interesting article on China Credit: Chinese Developer Bonds Sink in Secondary Trade Amid Collapse
11.36 The 1862 - 1864.5 zone - it should be the top of the day that zone
Now we have 1858 support and 1864.5 resistance ...
We should start to crack 1858 for the correction to be confirmed -
10.57 the 1862 - 1864.5 zone - it should be the top of the day that zone
Now we have 1858 support and 1864.5 resistance ...
We should not start to trade below 1858 for the upmove to continue -
10.21 Testing the 1862 zone max 1864.5 on that move- it should be the top of the day that zone
Now we have 1858 support and 1864.5 resistance ...
We should not start to trade below 1858 for the upmove to continue -
10.12 Testing the 1859.50 zone max 1862 on that move ( high of March 12 )
Now we have 1856.5 support and 1862 resistance ...
We should not start to trade below 1856.5 for the upmove to continue -
09.59 Testing the 1859.50 zone max 1862 on that move
Now we have 1854 support and 1859.5 resistance ...
Paralell channel was broken on the upside - we should not start to trade below 1854 for the upmove to continue - see chart below
09.14
SWITCHING TO M4 CONTRACT
Now we have 1854 support and 1859.5 resistance ...
Paralell channel was broken on the upside - we should not start to trade below 1854 for the upmove to continue - see chart below
06.26
SWITCHING TO M4 CONTRACT
Good Morning
Now we have 1846 support and 1851 resistance ...
We have a paralell channel see chart below
Starting to trade below 1846 will break that channel
March 17
15.32 Still see a retest of the 1846 zone before the close
Already breaking the 1849 level will be the first sign...
Still have 1849 support and 1854.5 resistance ...
Have a nice evening
14.40 Bounced from the 1846 zone : I think that zone will be retested and cracked this pm.
Already breaking the 1849 level will be the first sign...
Now have 1849 support and 1854.5 resistance ...
14.08 Bounced from the 1846 zone : I think that zone will be retested and cracked this pm.
Already breaking the 1849 level will be the first sign...
Now have 1849 support and 1852.5 resistance ...
13.26 Still Bounced back from the 1846 zone : I think that zone will be retested and cracked this pm.
Now have 1846 support and 1852.5 resistance ...
12.22 Still Bounced back from the 1846 zone : I think that zone will be retested and cracked this pm.
Still have 1846 support and 1852 resistance ...
11.30 Bounced back from the 1846 zone : I think that zone will be retested and cracked
Now have 1846 support and 1852 resistance ...
10.47 TESTING THE 1846 zone For the Bull scenario to prevail, WE DO NOT have to trade below 1846 anymore
I think that the Bull wave is over - we should consolidate between 1846 and 1855 for a while
Still have 1846 support and 1855 resistance ...
10.23 For the Bull scenario to prevail, WE DO NOT have to trade below 1846 anymore
I think that the Bull wave is over - we should consolidate between 1846 and 1855 for a while
Still have 1846 support and 1855 resistance ...
09.56 For the Bull scenario to prevail, WE DO NOT have to trade below 1846 anymore
Now have 1846 support and 1855 resistance ...
09.40 Testing the 1847 zone - THAT will make the difference for the remaining session
Now have 1839.5 support and 1847 resistance ...
We have a wedge pattern on pre-openeing IF we start to trade 1847 AND stay above, a quite bullish set up- see chart below
Starting to trade below 1836.5 will be seen a technical weakness..
09.10
TAKE NOTE I HAVE DATA FEED PROBLEMS_ HOPE WILL BE RESOLVE BEFORE OPENING
SWITCHING TO M4 CONTRACT
Now have 1839.5 support and 1844 resistance ...
We have a wedge pattern on pre-openeing IF we start to trade 1847 AND stay above, a quite bullish set up- see chart below
Starting to trade below 1836.5 will be seen a technical weakness..
07.29
SWITCHING TO M4 CONTRACT
Still have 1839.5 support and 1846 resistance ...
We have a wedge pattern on pre-openeing IF we start to trade 1847 AND stay above, a quite bullish set up- see chart below
Starting to trade below 1836.5 will be seen a technical weakness..
06.26
SWITCHING TO M4 CONTRACT
Good Morning
Now we have 1839.5 support and 1846 resistance ...
We have a wedge pattern on pre-openeing IF we start to trade 1847 AND stay above, a quite bullish set up- see chart below
Starting to trade below 1836.5 will be seen a technical weakness..
March 14
15.28 Last 20 minutes of the trading session can get really choppy - caution is advised - no strong view here
IF we make new lows ( 1839.5 ) , can get real ugly 1832.5 to 1835?
Still have 1839.5 support and 1846 resistance ...
Have a nice week end
15.01 IF we make new lows ( 1839.5 ) , can get real ugly 1832.5 to 1835?
Now have 1839.5 support and 1846 resistance ...
14.38 Still think we will be in a range-new range 1839.5 to 1850.5 for some times Already
WE BROKE already 1845.5 will be a first sign of fear scenario
BUT GETTING near session close, I expect pressure and a retest of the 1842 max 1839.5 levels
Still have 1842 support and 1847.5 resistance ...
13.30 Still think we will be in a range-new range 1839.5 to 1850.5 for some times Already
Breaking 1845.5 will be a first sign of fear scenario
BUT GETTING near session close, I expect pressure and a retest of the 1842 max 1839.5 levels
Still have 1845.5 support and 1850.5 resistance ...
12.30 Still think we will be in a range - new range 1842 to 1850.5 for some times
BUT GETTING near session close, I expect pressure and a retest of the 1842 max 1839.5 levels
Still have 1845.5 support and 1850.5 resistance ...
11.42 Still think we will be in a range - new range 1842 to 1850.5 for some times
Now have 1845.5 support and 1850.5 resistance ...
10.42 Still think we will be in a range 1844.5 to 1853.5 for some times
Now have 1845.5 support and 1853.5 resistance ...
10.17 Time is working against the market here - It should have already broke the 1853.5 level
Almost tested 1853.5 and rejected - think we will be in a range 1844.5 to 1853.5 for some times
Still have 1844.5 support and 1853.5 resistance ...
09.49 Almost tested 1853.5 and rejected - think we will be in a range 1844.5 to 1853.5 for some times
Nowhave 1844.5 support and 1853.5 resistance ...
09.42 1843 tested - NEED to hold at this point for a grind
Still have 1843 support and 1847.5 resistance ...
We broke the main down channel - NEED to clear 1850.5 for completion of that wave to 1853.5- max 1856.5 see chart below
09.12
STILL ON H4 CONTRACT - WILL SWITCH MONDAY
Now have 1843 support and 1847.5 resistance ...
We broke the main down channel - NEED to clear 1850.5 for completion of that wave to 1853.5- max 1856.5 see chart below
07.29
STILL ON H4 CONTRACT - WILL SWITCH MONDAY
Still have 1847.5 support and 1853.5 resistance ...
We are into an uptrend channel -dead cat bounce - NEED to clear 1853.5 for completion of that wave to 1856.5- see chart below
06.33
STILL ON H4 CONTRACT - WILL SWITCH MONDAY
Good Morning
Now we have 1847.5 support and 1853.5 resistance ...
We are into an uptrend channel -dead cat bounce - NEED to clear 1856.5 for completion of that wave- see chart below
March 13
15.25 Having a daily close below 1853.75 will bring a bearish engulfing pattern
can see a cover squeeze play getting near the close of the session Fisrt Sign will be 1848.5 Broken then 1856.5
15.14 Having a daily close below 1853.75 will bring a bearish engulfing pattern
can see a cover squeeze play getting near the close of the session Fisrt Sign will be 1849.5 Broken then 1856.5
14.58 Having a daily close below 1853.75 will bring a bearish engulfing pattern
can see a cover squeeze play getting near the close of the session Fisrt Sign will be 1851 Broken then 1856.5
14.27 Having a daily close below 1853.75 will bring a bearish engulfing pattern
Testing the 1848 level at time of writing - can see a cover squeeze play getting near the close of the session
14.05 NEED 1852 broken to squeeze 1856.5 and IF broken squeeze to max 1859.5
Still have 1848 support and 1852 resistance
13.23 NEED 1852 broken to squeeze 1856.5 and IF broken squeeze to max 1859.5
Still have 1844.5 support and 1852 resistance
13.05 Dead Cat bounce here IF 1852 broken to 1856.5 and IF broken squeeze to max 1859.5
Now have 1844.5 support and 1852 resistance
12.44 Dead Cat bounce here to 1859.5 and IF broken squeeze to max 1864
Now have 1853.5 support and 1859.5 resistance ...
12.08 What a slow bleed
Almost at 1857.5 level -still weak market but can snap back violently - already trading over 1862 will be the sign
Now have 1857.5 support and 1864 resistance ...
11.29 Testing 1862.5 level -still weak market but can snap back violently - already trading over 1864 will be the sign
Now have 1862.5 support and 1866.5 resistance ...
10.52 Dead cat bounce towards 1870 max 1872 for now
Now have 1862.5 support and 1870 resistance ...
10.41 broke the 1870 level - very weak technicals
Now have 1866.5 support and 1874.5 resistance ...
10.21 Weak opening with no follow through - need to hold 1870 and rebound to 1874.5 for another test
Still have 1870 support and 1874.5 resistance ...
09.44 Weak opening - need to hold 1870 and rebound to 1874.5 for another test
Still have 1870 support and 1874.5 resistance ...
09.12
Still have 1870 support and 1874.5 resistance ...
We are into an uptrend channel need to stay above 1870 for now- see chart below
A good scenario will be test the 1868/1870 zone and rebound quickly to test 1878.5 -IF so it will mean to me strong technicals
Concerns are still with Ukraine but China is hiding a difficult situation: China Warns on Credit Collapse
07.27 TAKE NOTE THAT I HAD SOME COMPUTER PROBLEMS THIS MORNING -
Still have 1870 support and 1874.5 resistance ...
We are into an uptrend channel need to stay above 1870 for now- see chart below
06.26
Good Morning
Now we have 1868 support and 1874.5 resistance ...
We are into an uptrend channel need to stay above 1870 for now- see chart below
March 12
15.39 Same old, same old I think they ll try to ramp it up near the close 1867 -1870 zone til the close...
Now have 1862.5 support and 1867 resistance ..
A daily close above 1864.75 wil CREATE A BULLISH HAMMER
Have a nice evening
15.06 I think they ll try Will they try to ramp it up near the close 1867 -1870 zone til the close...
Now have 1862.5 support and 1867 resistance ..
A daily close above 1864.75 wil CREATE A BULLISH HAMMER
13.58 Some tiny adjustments on my technical levels
Still stuck into a tiny range; Will they try to ramp it up near the close?
NEED to stay above 1863 - unless dead cat bounce sequence completed and then retesting 1856.5 will be a very weak closing .
Now have 1862.5 support and 1867 resistance ..
13.21 Stuck into the two main level 1863 to 1868
NEED to stay above 1863 - unless dead cat bounce sequence completed and then retesting 1856.5 will be a very weak closing .
Stil lhave 1863 support and 1868 resistance ..
12.45 Finally broke 1866.5 - and tested the 1863 level - NEED to stay above 1863 - unless dead cat bounce completed and then retesting 1856.5 will be a very weak closing
Now have 1863 support and 1868 resistance ..
A daily close above 1864.75 wil CREATE A BULLISH HAMMER
11.45 Finally broke 1866.5 - NEED to stay above 1863 - unless dead cat bounce completed and retesting 1856.5
Now have 1863 support and 1868 resistance ..
11.18 Near the REAL TEST of 1866.5
For me the dead cat bounce can go to 1866.5 were IT WILL BE CRUCIAL for the remaining session if we break it or not
Still have 1860.5 support and 1866.5 resistance ..
10.44 Would like to see a retest of 1864 and then 1866.5
For me the dead cat bounce can go to 1866.5 were IT WILL BE CRUCIAL for the remaining session if we break it or not
Still have 1860.5 support and 1864 resistance ..
10.12 Market shows all its weakness at the open
For me the dead cat bounce can go to 1866.5 were IT WILL BE CRUCIAL for the remaining session if we break it or not
Still have 1856.5 support and 1862.5 resistance ..
09.42 Testing the 156.5 level and still not testing the 1866.5 level
Now we have 1856.5 support and 1862.5 resistance .. Failing to test and break the 1866.5 level will mean market will make new lows
09.12
Now we have 1856.5 support and 1862.5 resistance .. Failing to test and break the 1866.5 level will mean market will make new lows
07.17
Now we have 1856.5 support and 1863 resistance ..Almost already reach the 1856.5 channel support level (see daily post on that subject)
Need to break the 1866.5 level for a real dead cat bounce - see chart below
06.29
Good Morning
Now we have 1860.5 support and 1866.5 resistance ...
Need to break the 1866.5 level for a dead cat bounce - see chart below
March 11
15.28 Now have 1863 support and 1868 resistance ...
Dead cat bounce expected to max 1868
1865.75 CRUCIAL FOR the closing
15.14 Now have 1863 support and 1868 resistance ...
Dead cat bounce expected to max 1868
14.50 Starting to trade below 1865.75 will be very bad tecnically speaking ( low of March 10 )
The kamikaze trade here is go long with a 1865.5 stop
14.40 Testing the 1867.5 level - very weak technicals near the closing session - very tough call here
Now have 1867.5 support and 1873 resistance ...
14.04 Finally a small dead cat bounce but nothing to get excited the rebound towards 1873 IF BROKEN then max 1877.5
Now have 1867.5 support and 1873 resistance ...
13.23 Staying too long near the 1870 level start to concern me: already we should have seen the rebound towards 1875
A cautious stance is advised here
Now have 1868.5 support and 1873 resistance ...
12.49 Still Expect range trade like yesterday 1870 to 1879 A dead cat bounce to max 1875 expected with 1868.5 as support...
Now have 1868.5 support and 1875 resistance ...
12.15 Still Expect range trade like yesterday 1870 to 1879 near testing the 1873.5 level max 1870 before rebound...
IF we break the 1870 risk of quick slippage towards 1866
Now have 1870 support and 1877.5 resistance ...
11.43 Still Expect range trade like yesterday 1870 to 1879 near testing the 1873.5 level max 1870 before rebound...
Still have 1873.5 support and 1879 resistance ...
10.42 Exceed my level on the range - almost 1879 now back towards 1874 Must not go over 1881
Expect range trade like yesterday 1870 to 1879
Still have 1873.5 support and 1879 resistance ...
10.20 Expect range trade like yesterday 1870 to 1877.5
Still have 1873.5 support and 1877.5 resistance ...
09.59 Tested almost the 1870 zone and rebounded violently?
Now we have 1873.5 support and 1877.5 resistance ... Expect range trade like yesterday
09.41 Tested the 1881 zone and rejected already?
Now we have 1877 support and 1881 resistance ...
IF we break the 1877 level, then we will range trade like yesterday
09.12 Testing the 1879 zone pre-opening
Now we have 1874 support and 1879 resistance ...
Double resistance level at 1879 - same pattern as yesterday s morning pre-opening session - see chart below
If they re able to crack the 1879 level then 1881 ( more significant ) - If broken then 1887.50
07.31
Now we have 1874 support and 1879 resistance ...
Double resistance level at 1879 - same pattern as yesterday s morning pre-opening session - see chart below
06.29
Good Morning
Now we have 1873.5 support and 1879 resistance ...
Double resistance level at 1879 - same pattern as yesterday s morning pre-opening session - see chart below
March 10
15.31 Will they try to push it for the close? 1874 broken then max 1877.5 ?
Still think we re stuck into that range til the close 1870 to 1877.5...
Still have 1870 support and 1874 resistance -
Have a nice evening
14.49 - Testing almost the 1874 level IF broken max 1877.50 -Will they try to push it for the close?
Still think we re stuck into that range til the close 1870 to 1877.5...
Still have 1870 support and 1874 resistance -
13.59 - Not even able to stay over 1874 tells me a lot on tencnical weakness Already broke the 1871.5 level -then expect 1866
Still have 1869.5 support and 1874 resistance -
13.11 - I think they ll try to crack the 1874 level to max 1877.5 before resuming downtrend - MUST hold above 1871 for that
Still have 1871 support and 1877.5 resistance -
12.26 So finally the expected dead cat bounce - breaking the 1869.5 will tell me that move is over
I think they ll try to crack the 1874 level
Still have 1869.5 support and 1874 resistance -
11.43 So finally the expected dead cat bounce - breaking the 1869.5 will tell me that move is over
Now have 1869.5 support and 1874 resistance -
10.47 Testing the 1867.5 zone already - weak price actionl - Still see a risk of another dead cat bounce here to max 1874
- 1864 MUST hold
Now have 1867.5 support and 1872 resistance -
10.17 Tested the 1872 level - We may have a tiny dead cat bounce to max 1874 before resuming downtrend
Now have 1870 support and 1874 resistance -
09.46
Still have 1872 support and 1877.5 resistance - seems market want to consolidate - test 1877.5 - 1879 zone and fade?
09.14
Now have 1872 support and 1877.5 resistance ...
Double resistance level at 1879 held well - Atypical triangle pattern - see chart below
Making a new low at the opening ( 1867.75 in the night session ) will be seen as weak technicals
07.22
Still have 1873.5 support and 1879 resistance ...
Double resistance level at 1879 - see chart below
06.15
Good Morning
Now we have 1873.5 support and 1879 resistance ...
Double resistance level at 1879 - see chart below
March 7
15.26 Still have 1871.5 support and 1876 resistance ...
Tough call til the close honestly...
Have a nice week end
15.04
Still have 1871.5 support and 1876 resistance ...
14.16
Now have 1871.5 support and 1876 resistance ...
HAVING A DAILY CLOSE BELOW 1875.5 will create a SHOOTING STAR
13.03 Second dead cat bounce OVER : testing the 1874 level IF broken then 1871.5 max 1869
Now have 1874 support and 1877.5 resistance ...
HAVING A DAILY CLOSE BELOW 1875.5 will create a SHOOTING STAR
12.28 Still In the process of the second dead cat bounce :Testing the 1876.5 level
I do not think we will exceed 1876.5 on that ( max 1879? )
Now have 1874 support and 1879 resistance ...
11.50 In the process of the second dead cat bounce : I do not think we will exceed 1876.5 on that ( max 1879? )
Now have 1871.5 support and 1876.5 resistance ...
11.07
Now have 1871.5 support and 1876.5 resistance ... A dead cat bounce is expected to 1876.5 max
HAVING A DAILY CLOSE BELOW 1875.5 will create a SHOOTING STAR
10.35
Now have 1876.5 support and 1881 resistance ... On first attempt failed to recover over the 1881 level
If 1876.5 broken I think we can break 1874 and go to1871.5 max for now
10.09
Now have 1875.5 support and 1881 resistance ...
Unable to recover quickly above 1881 can turn ugly 1866-1869 zone?
09.55
Now have 1875.5 support and 1882 resistance ...
So we broke the 1881 level: seen as extreme technical weakness. Unable to recover quickly above it can turn ugly 1866-1869 zone?
09.15 My Ultimate target on ES_F is 1891 - Opening will be crcucial if Bulls break that level or not...
Still have 1881 support and 1887.5 resistance ...
Starting to trade below will be seen as extreme technical weakness.
09.00
Now have 1881 support and 1887.5 resistance ...
Starting to trade below will be seen as extreme technical weakness.
07.30
Still have 1875.5 support and 1881 resistance ...
Major level for Non-Farm Payrolls to watch - 1858 and 1891
We are within a rising wedge - usually a bearish pattern - see chart below
06.25
Good Morning
Now we have 1875.5 support and 1881 resistance ...
We are within a rising wedge - usually a bearish pattern - see chart below
March 6
14.29 LAST CALL
We re stuck in a very narrow range for the last 30 minutes of the trading session
Now have 1876.5 support ( weak ) and 1879 resistance ...
A retest of the 1874 level for me will mean technical weakness...
14.29 Correction has begun but was shy of the 1872 target - now in a dead cat bounce to max 1879.5 before resuming downtrend
Now have 1874 support and 1877.5 resistance ...
13.43 Near testing the 1876 level - let s the party begin! Correction in progress as long as we do not go over 1879.5
Now have 1876 support and 1879.5 resistance ...
13.14 We retested the 1881 level without breaking it: so in a narrow range for so long add to the break channel in last hour of trading...
Still have 1877.5 support and 1881 resistance ...
Starting to trade below 1876 will mean to me technical weakness and risk a slippage towards 1872
12.07 Is all the action will be in the last hour of the trading session?
Still have 1877.5 support and 1881 resistance ...
Starting to trade below 1876 will mean to me technical weakness and risk a slippage towards 1872
11.14 So made a new high and unable to catch momentum - no stops - everybody s long that market
Now have 1877.5 support and 1881 resistance ...
Starting to trade below 1876 will mean to me technical weakness and risk a slippage towards 1872
10.14
Now have 1876 support and 1881 resistance ...
Starting to trade below 1876 will mean to me technical weakness and risk a slippage towards 1872
09.55
Now have 1876 support and 1881 resistance ... Bulls will try to push it again to new highs - To impress me, need to test the 1881 level
Financials are doing quite well pushing that market up for now...
09.40 So tested the 1878 without triggering stops... That tells me No short in this market...
Still have 1874 support and 1878 resistance ... Bulls will try to push it again to new highs - To impress me, need to test the 1881 level
Must not break 1872 to stay into the bullish channel - see chart below - Unless we may start a correction towards 1866
09.15
Still have 1874 support and 1878 resistance ... Bulls will try to push it again to new highs - To impress me, need to test the 1881 level
Must not break 1872 to stay into the bullish channel - see chart below - Unless we may start a correction towards 1866
07.27
Now have 1874 support and 1878 resistance ... Bulls will try to push it again to new highs -
Must not break 1872 to stay into the bullish channel- see chart below
06.19
Good Morning
Now we have 1875 support and 1878 resistance ...
We are within a bullish channel - see chart below
March 5
15.29
Still have 1870 support and 1875 resistance ...
Really surprise that were till stuck into that range... Expect a test of the 1870 level til the close...
Have a nice evening...
14.49
Still have 1870 support and 1875 resistance ...
Consolidation time was very long - next move til the close can get quick
13.10
Still have 1870 support and 1875 resistance ...
We spent a lot of time consolidating - risk here is towards testing the 1875 and break it... Can gap to 1877/81 zone
12.24
Still have 1870 support and 1875 resistance ...
testing the 1875 were it will make the difference for the remaining session if we break it or not... Can gap to 1877/81 zone
But now I think we can range trade for sometimes and establsih a base here
Financials are outperforming - a good sign for the market...
11.24
Still have 1870 support and 1875 resistance ...
testing the 1875 were it will make the difference for the remaining session if we break it or not... Can gap to 1877/81 zone
But now I think we can range trade for sometimes and establsih a base here
10.38
Still have 1870 support and 1875 resistance ...
testing the 1875 were it will make the difference for the remaining session if we break it or not... Can gap to 1877/81 zone
But now I think we can range trade for sometimes and establsih a base here
10.09
Still have 1870 support and 1875 resistance ...
With ISM tested the bottom of the range at 1870 and hold - now should go test te 1875 were it will make the difference for the remaining session if we break it or not...
09.49
Now we have 1870 support and 1875 resistance ...
It will be great if test the new high to see if stops there ( 1875 )
09.10
Now we have 1870 support and 1875 resistance ...
Financials and Internet stocks will drive the show.
We are within a bullish channel, but near of breaking the support trendline - see chart below
07.57
Now we have 1870 support and 1875 resistance ...
If able to make a new high before Opening and stay above 1870, technically will bring buyers at the open...
Financials and Internet stocks will drive the show.
06.31
Good Morning
Now we have 1867.5 support and 1873 resistance ...
We are within a bullish channel, but near of breaking the support trendline - see chart below
March 4
15.23 -
Now we have 1870.5 support and 1874.5 resistance ...
Stubborn I am: Still Expect a pullback this afternoon: breaking the 1870.5 will be the first wave and 1867 will accelerate towards 1865.5 min...
Have a nice evening
15.07 -
Now we have 1867 support and 1872 resistance ...
Stubborn I am: Still Expect a pullback this afternoon: broke the 1869.5 will be the first wave and 1867 will accelerate towards 1865.5 min...
14.11 -
Now we have 1867 support and 1872 resistance ...
Expect a pullback this afternoon: broke the 1869.5 will be the first wave and 1867 will accelerate...
Russia test fires an intercontinental ballistic missile - Russian Press
13.24 - Same old - same old
Now we have 1869.5 support and 1872.5 resistance ...
Expect a pullback this afternoon: breaking 1869.5 will be the first wave...
12.55
Now we have 1869.5 support and 1872.5 resistance ...
Only Breaking 1869.5 will tell me we made the top and fade back towards 1865.5 max 1859.5...
Expect a pullback this afternoon
12.05
Now we have 1867 support and 1871 resistance ...
Only Breaking 1867 will tell me we made the top and fade back towards 1865.5 max 1859.5...
Uptrend was on very low volume: was chased by traders
Expect a pullback this afternoon
11.31
Now we have 1868 support and 1871 resistance ...
Only Breaking 1868 will tell me we made the top and fade back towards 1865.5 max 1859.5...
10.47
Now we have 1865.5 support and 1871 resistance ...
Only Breaking 1865.5 will tell me we made the top and fade back towards 1859.5 max 1854...
10.20
Now we have 1864.5 support and 1868.5 resistance ...
Only Breaking 1864.5 will tell me we made the top and fade back towards 1859.5 max 1854...
09.59
Now we have 1862 support and 1867 resistance ...
Breaking 1862 will tell me we made the top and fade back towards 1854...
09.45
Now we have 1859.5 support and 1865 resistance ...
My best scenario is unfolding Best scenario for me it s a direct go to test the high ever ( 1866.5 ) and fade back towards 1854...
09.10
Now we have 1859.5 support and 1862.5 resistance ( weak )...
I think that Financials will try to push it and fade...
Best scenario for me it s a direct go to test the high ever ( 1866.5 ) and fade back towards 1854...
We are within a bullish channel - see chart below
09.10
Now we have 1859.5 support and 1862.5 resistance ( weak )...
I think that Financials will try to push it and fade...
Best scenario for me it s a direct go to test the high ever ( 1866.5 ) and fade back towards 1854...
We are within a bullish channel - see chart below
07.28
Now we have 1860.5 support and 1865 resistance ...
We are within a bullish channel - see chart below
06.20
Good Morning
Now we have 1858 support and 1864 resistance ...
We are within a bullish channel - see chart below
March 3
15.43
Now have 1839 support and 1844.5 resistance ...Dead cat bounce completed :
Have a nice evening...
15.22
Now have 1841 support and 1844.5 resistance ...Dead cat bounce completed :
14.52
Now have 1843.5 support and 1849.5 resistance ...Dead cat bounce almost complete : Only a break of 1843.5 will confirm it
14.37
Now have 1841 support and 1845 resistance ...Dead cat bounce almost complete : Only a break of 1841 will confirm it
13.44
Now have 1839 support and 1844 resistance ...Dead cat bounce almost complete : Only a break of 1839 will confirm it
13.09
Now have 1838.5 support and 1844 resistance ...Dead cat bounce almost complete : Only a break of 1838.5 will confirm it
12.04
Now have 1835 support and 1841.5 resistance ... From the 1835 a dead cat bounce to max 1841.5 " 1834 must hold...
Was surprise of a break of the 1839 level that soon
11.37
Still have 1839 support and 1846 resistance ( weak ) ...
Still think we may consolidate into that range 1839 to 1846 for a while...
10.38
Now have 1839 support and 1846 resistance ( weak ) ...
Still think we may consolidate into that range 1839 to 1846 for a while...
10.16
Now have 1842.5 support and 1849 resistance ...
We may consolidate into that range 1842.5 to 1849 for a while...
09.48
Now have 1842.5 support and 1849 resistance ...
We may consolidate into that range 1842.5 to 1849 for a while...
09.10
Still have 1836.5 support and 1842.5 resistance ...
IF we break 1836.5, it can gets very ugly - 1829? support trendline - see chart below
07.18
Still have 1836.5 support and 1842.5 resistance ...
IF we break 1836.5, it can gets very ugly - 1829? support trendline - see chart below
06.20
Good Morning
Now we have 1836.5 support and 1842.5 resistance ...
IF we break 1836.5, it can gets very ugly - support trendline - see chart below
FEB 28
15.16
Now have 1849 support and 1854.5 resistance ...
Potential Daily Shooting Star if we have a close below 1854
15.01
Potential Shooting Star if we have a close below 1854
14.52
Now have 1857 support and 1860.5 resistance ...
Afternoon session can get tricky because of the month end effect - sell off is expected...
13.48
Now have 1864 support and 1867 resistance ... I think we are at the top of the day
Only Breaking 1864 will be the sign for a bigger pullback towards 1855.5
Afternoon session can get tricky because of the month end effect - sell off is expected...
12.51
Now have 1861.5 support and 1867 resistance ... I think we are near or at the top of the day
Only Breaking 1861.5 will be the sign for a bigger pullback towards 1853.5
Afternoon session can get tricky because of the month end effect - sell off is expected...
12.05
Nowhave 1860.5 support and 1864.5 resistance ... I think we are near or at the top of the day
Only Breaking 1860.5 will be the sign for a bigger pullback towards 1853.5
11.15
Still have 1859.5 support and 1864.5 resistance ... I think we are near or at the top of the day
Only Breaking 1859.5 will be the sign for a bigger pullback towards 1853.5
10.41
Now have 1859.8 support and 1864.5 resistance ... I think we are near or at the top of the day
Only Breaking 1859.5 will be the sign for a bigger pullback towards 1853.5
10.13
Now have 1858 support and 1863 resistance ...
Only Breaking 1858 will be the sign for a bigger pullback towards 1853.5
10.07
Now have 1855.5 support and 1863 resistance ...
Only Breaking 1855.5 will be the sign for a bigger pullback towards 1849
09.10
Now have 1849 support and 1853.5 resistance ...
I expect some pressure going into the afternoon session because of the month end effect...
07.27
Still have 1849 support and 1852.5 resistance ...
I expect some pressure going into the afternoon session because of the month end effect...
06.20
Good Morning
Now we have 1849 support and 1852.5 resistance ...
FEB 27
15.26 Testing the 1850.5 level: expect a fade towards 1846.5 max 1842
Now have 1846.5 support and 1850.5 resistance ...
Have a nice evening
14.42 Tested the 1849.5 level: expect a fade towards 1846.5 max 1842
Now have 1846.5 support and 1850.5 resistance ...
13.44 Market squuze a lot more than I was expecting So tested almost the 1853 level
Only By breaking 1849.5 we ll have the conso towards 1846.5 and max 1852
Now have 1849.5 ( weak ) support and 1853 resistance ...
13.21 Same old, Same old So tested the 1844.5 level and went further than I thought at 1849.5-
By breaking 1846.5 we ll have the conso towards 1842
Now have 1846.5 ( weak ) support and 1849.5 resistance ...
12.30 Same old, Same old So tested the 1844.5 level and went further than I thought at 1849.5-
By breaking 1846.5 we ll have the conso towards 1842
Now have 1846.5 ( weak ) support and 1849.5 resistance ...
11.41 So tested the 1844.5 level and went further than I thought at 1849.5- By breaking 1846.5 we ll have the conso towards 1842
Now have 1846.5 ( weak ) support and 1849.5 resistance ...
10.59 So tested the 1844.5 level could squeeze max 1847
Now have 1842 ( weak ) support and 1847 resistance ...
10.21 So tested the 1844.5 level and started downtrend If 1840 borken then 1835.5 expected
Now have 1840 ( weak ) support and 1844.5 resistance ...
09.46 So tested the 1842.5 level can push to 1844.5 max 1847 before resuming downtrend
Now have 1840 ( weak ) support and 1844.5 resistance ...
09.12
Expect volatility to pick up today
We are within a big downtrend channel - see chart below.
Nowhave 1838 ( weak ) support and 1842.5 resistance ...
07.21
Expect volatility to pick up today
We are within a big downtrend channel - see chart below.
Still have 1832.5 support and 1839 resistance ...
06.20
Good Morning
Expect volatility to pick up today
We are within a big downtrend channel - see chart below.
Now we have 1832.5 support and 1839 resistance ...
FEB 26
14.47 Can expect a dead cat bounce to max 1847.5 here
Now have 1838 support and 1845.5 resistance
14.19 1845.5 IF broken then 1841
Now have 1841 support and 1847.5 resistance
13.26 Still think it will fade towards 1845.5 IF broken then 1841
Now have 1845.5 support and 1851 resistance
12.26 Still think it will fade towards 1845.5
Now have 1846 support and 1853.5 resistance
11.40 Now near the 1853.5 resistance level - think it will fade towards 1845.5
Now have 1845.5 support and 1853.5 resistance
10.48 Now near the 1853.5 resistance level - think it will fade towards 1845.5
Now have 1845.5 support and 1853.5 resistance
10.04 A hit and run at the almost 1841 level
Now have 1844 support and 1848.5 resistance
09.44 Tested near the 1851 level and faded quickly - still narrow range
Still have 1847 support and 1851 resistance ...
09.11
Expect volatility to pick up today
We are within a big rising wegde - see chart below. But breaking 1844 will be bearish...
Still have 1847 support and 1851 resistance ...
07.36
Expect volatility to pick up today
We are within a big rising wegde - see chart below. But breaking 1844 will be bearish...
Still have 1847 support and 1851 resistance ...
06.20
Good Morning
Expect volatility to pick up today
We are within a big rising wegde - see chart below. But breaking 1844 will be bearish...
Now we have 1847 support and 1851 resistance ...
FEB 25
11.31 Breaking the 1845 level will mean to me we saw the top near the 1850 zone
Now have 1845 support and 1852.5 resistance
LAST UPDATE TAKE NOTE: On February 25, Intraday Comments will be updated til 11.45 am NY Times - Medical Exam
11.11 Broke the 1843.5 level - will grind towards 1847...
Now have 1841 support and 1847 resistance
10.45 Broke the 1843.5 level - will grind towards 1847...
Now have 1841 support and 1847 resistance
10.15
Now have 1837.5 support and 1843.5 resistance
09.59 Tested the 1840 level but rebounding quickly
Still have 1840 support and 1847 resistance Breaking 1840 will bring 1836...
09.44 Still have 1840 support and 1847 resistance Breaking 1840 will bring 1836...
09.12
TAKE NOTE: On February 25, Intraday Comments will be updated til 11.45 am NY Times - Medical Exam
Expect volatility to pick up today
We are within a big uptrend channel - see chart below. But breaking 1836 will be bearish...
Still have 1840 support and 1847 resistance
07.35
TAKE NOTE: On February 25, Intraday Comments will be updated til 11.45 am NY Times - Medical Exam
Expect volatility to pick up today
We are within a big uptrend channel - see chart below. But breaking 1836 will be bearish...
Still have 1840 support and 1847 resistance
06.29
Good Morning
TAKE NOTE: On February 25, Intraday Comments will be updated til 11.45 am NY Times - Medical Exam
Expect volatility to pick up today
We are within a big uptrend channel - see chart below. But breaking 1836 will be bearish...
Now we have 1840 support and 1847 resistance ...
FEB 24
15.25 Broke the 1852 level: then will bring a quick correction. towards 1846 zone
Still have 1849.5 support and 1852.5 resistance
Have a nice evening
15.06 Near testing the 1852 level: IF broken then will bring a quick correction. towards 1846 zone
Still have 1852 support and 1855 resistance
14.12 So we tested my Ultimate level of 1857 and failed on that crucial level:Only the break out of 1852 will bring a correction. towards 1846 zone
Still have 1852 support and 1857 resistance
13.25 So we tested my Ultimate level of 1857: Bulls need a nap here:Only the break out of 1852 will bring a correction. towards 1846 zone
Stillhave 1852 support and 1857 resistance
12.44 So we tested my Ultimate level of 1857: Bulls need a nap here:Only the break out of 1852 will bring a correction. towards 1846 zone
Now have 1852 support and 1857 resistance
11.52 Testing the 1855 zone at time of writing: Only the break out of 1849.5 will bring a correction. bulls will try to push it to 1857?...
Now have 1849.5 support and 1855 resistance
11.13 Only the break out of 1846.5 will bring a correction. bulls will try to push it to 1855...
Now have 1846.5 support and 1855 resistance
11.05 Only the break out of 1846.5 will bring a correction. bulls will try to push it to 1855...
Now have 1846.5 support and 1855 resistance
10.31 - No follow through on the breakout - interesting
Still have 1844.5 support and 1850 resistance
10.02- So we broke the 1844.5 and made new high -IF we trade back below 1844.5 -it will be a very bad sign indeed
Now we have 1844.5 support and 1850 resistance
09.43
So testing the 1839.5 and going to test the 1844.5 level - that will drive the rest of the session if we break it or not
Now we have 1834 support and 1844.5 resistance
09.10
TAKE NOTE: On February 25, Intraday Comments will be updated til 11.45 am NY Times - Medical Exam
We are now within an uptrend channel - see chart below.
Best scenario for me will be a retest of the 1844.5 level and fade
Now we have 1834 support and 1839.5 resistance ( weak )
07.17
TAKE NOTE: On February 25, Intraday Comments will be updated til 11.45 am NY Times - Medical Exam
We broke the resistance line of a downtrend channel - see chart below.
Now we have 1834 support and 1839.5 resistance ( weak )
06.21
Good Morning
TAKE NOTE: On February 25, Intraday Comments will be updated til 11.45 am NY Times - Medical Exam
Expect volatility to pick up today
We are within a downtrend channel - see chart below.
Now we have 1832.5 support and 1836.5 resistance ( weak ) ...
FEB 21
15.03 Now 1836.5 being tested and then if we can break 1835 will go max 1831.5
Now have 1835 support and 1840 resistance ...
Have a nice week end.
14.24 Now 1838 broken and then if we can break 1836.5 will go 1835 max 1831.5
Triple Test upper resistance of the channel at 1843.5 - should finally start to fade - need a 1838 break for that
Still have 1836.5 support and 1840 resistance ...
13.48 Same old, same old
Triple Test upper resistance of the channel at 1843.5 - should finally start to fade - need a 1838 break for that
Still have 1838 support ( weak ), 1836.5 and 1843.5 resistance ...
12.54 Same old, same old
Triple Test upper resistance of the channel at 1843.5 - should finally start to fade - need a 1838 break for that
Still have 1838 support ( weak ), 1836.5 and 1843.5 resistance ...
11.55 Same old, same old
Triple Test upper resistance of the channel at 1843.5 - should finally start to fade - need a 1838 break for that
Still have 1838 support ( weak ), 1836.5 and 1843.5 resistance ...
11.12 DoubleTest upper resistance of the channel at 1843.5 - should finally start to fade - need a 1838 break for that
Still have 1838 support ( weak ), 1836.5 and 1843.5 resistance ...
10.15 Testing the upper resistance of the channel at 1843 - should finally start to fade - need a 1838 break for that
Now we have 1838support ( weak ), 1836.5 and 1843 resistance ...
09.45
Still stuck into that tiny channel - see chart below Need to break 1836.5 to go lower
Now we have 1836.5 support ( weak ), 1835 and 1840.5 resistance ...
09.10
Still stuck into that tiny channel - see chart below
Now we have 1838 support ( weak ), 1835 and 1840.5 resistance ...
07.19
Range trade as a start - see chart below
Now we have 1838 support ( weak ) and 1840.5 resistance ...
06.21
Good Morning
EXPECT AVERAGE VOLATILITY TODAY
Now we have 1835 support and 1839 resistance ...
FEB 20
14.28 1835.5 broken will confirm pullback to 1831.5 and 1829.5
Now have 1835.5 support and 1838.5 resistance ...
13.58 Extended bullish move towards 1840.5 seems over and fade after within the range:
1835.5 broken will confirm pullback to 1831.5 and 1829.5
Still have 1835.5 support and 1840.5 resistance ...
13.14 Extended bullish move towards 1840.5 and fade after within the range: 1835.5 broken will confirm pullback to 1831.5 and 1829.5
Now we have 1835.5 support and 1840.5 resistance ...
12.18 Extended bullish move towards 1836.5 and fade after within the range: 1831.5 broken will confirm pullback to 1829.5 and 1826.5
Now we have 1831.5 support and 1836.5 resistance ... See chart below
11.35 Extended bullish move towards 1834 and fade after within the range: 1829.5 broken will confirm pullback to 1826.5 and 1823.5
Now we have 1829.5 support and 1834 resistance ...
10.40 Exceeded the 1828.5 zone going max 1831.5 and fade after within the range: 1828 broken then to 1826.5 and 1823.5
Now we have 1826.5 support and 1831.5 resistance ...
10.25 Testing the 1828.5 zone going max 1831.5 and fade after within the range
Now we have 1823.5 support and 1828.5 resistance ...
09.59 1825 broken then back at 1821.5
Now we have 1821.5 support and 1826 resistance ...
09.43 Still into that channel
Still have 1825 support and 1828.5 resistance ...
09.15
Testing the 1828.5 level at time of writing.
Now we have 1825 support and 1828.5 resistance ...
We are within a flat channel with 1817.5 support and 1828.5 resistance - see chart below...
07.22 Testing the 1821.5 level at time of writing. Market feel heavy. Financials are underperforming the SP500 in up and down trade.
That tells me market weakness.
Now we have 1821.5 support and 1828.5 resistance ...
We are within a flat channel with 1817.5 support and 1828.5 resistance - see chart below...
Breaking the 1817.5 level will be very bad technically speaking...
06.30
Good Morning
EXPECT VOLATILITY TO PICK UP TODAY
Now we have 1821.5 support and 1828.5 resistance ...
We are within a flat channel with 1817.5 support and 1828.5 resistance - see chart below...
FEB 19
15.42 So as expected,we broke the 1830 level, expect a quick gap down towards 1825.5.
A potential dead cat bounce at the close to 1830 as long as 1825.5 hold
Now have 1825.5 support and 1830 resistance
Have a nice evening
15.12 If we break the 1830 level, expect a quick gap down towards 1825.5.
Now have 1830 support and 1834 resistance
14.22 On the FOMC minutes, The FED quite bullish on economy, tells me that they may taper if Emerging Markets doen t not pose
any problems. Then I expect a retest of 1830 this pm.
Still have 1832 support and 1836.5 resistance
13.48 On the FOMC minutes, I think that the FED will continue on a slow way out of their plans bond purchases.
I do not expect any surprise here
Still have 1832 support and 1836.5 resistance
13.23 Dead cat bounce to the 1836 level max 1840.5 on the rebound before resuming downtrend
Now we have 1832 support and 1836.5 resistance
12.44 We finally broke 1839.5 level - but if we break the 1830 level , things get a lot more serious a rejection of a near top
We tested it once, I think a retest is imminent
Now we have 1830 support and 1837 resistance ...
12.09 We finally broke 1839.5 level - but if we break the 1830 level , things get a lot more serious a rejection of a near top
Now we have 1834.5 support and 1837 resistance ...
11.18 Market stopped pushing towards 1843 - breaking 1839.5 level will confirm the dead cat bounce is over I think
Now we have 1839.5 support ( weak ) and 1843 resistance ...
10.37 Market still pushing towards 1843 - breaking 1839.5 level will confirm the dead cat bounce is over I think
Now we have 1839.5 support ( weak ) and 1843 resistance ...
10.15 Market still pushing towarsd 1843 - breaking 1837 level will confirm the dead cat bounce is over I think
Now we have 1837 support and 1843 resistance ...
09.50 Market still pushing towarsd 1840.5
Now we have 1834.5 support and 1840.5 resistance ...
09.45 Broke the 1834 can go test the 1837.5 max 1840.5 as dead cat bounce before resuming downtrend
Now we have 1833 support and 1837.5 resistance ...
09.11
TAKE NOTE that posting on Twitter is quite slow this morning...
I advise you to check directly for the time being my page for updates
Now we have 1830 support and 1834 resistance ...
We are within a flat channel with 1831.5 support and 1840.5 resistance - see chart below...
07.20
Now we have 1830 support and 1834 resistance ...
We are within a flat channel with 1831.5 support ( being tested at time of writing ) and 1840.5 resistance - see chart below...
06.22
Good Morning
EXPECT VOLATILITY TO PICK UP TODAY
Now we have 1831.5 support and 1837.5 resistance ...
We are within a flat channel with 1831.5 support and 1840.5 resistance - see chart below...
FEB 18
15.36 Still hovering near the 1838.5 level... Still think it s a fade towards 1831.5 ( if 1836 broken )
Still have 1836 support and 1840.5 resistance ...
Have a nice evening...
15.11 Still hovering near the 1838.5 level... Still think it s a fade towards 1831.5 ( if 1836 broken )
Still have 1836 support and 1840.5 resistance ...
14.12 We re bouncing near the 1838.5 level again - Still think it s a fade towards 1831.5 ( if 1836 broken )
But we have a triple top at 1840.5 and a megaphone pattern- if broken, the bulls will try to ride it to 1843 max 1847 -
will be surprise if we do so - see chart below
Still have 1836 support and 1840.5 resistance ...
13.23 We re bouncing near the 1838.5 level again - Still think it s a fade towards 1831.5 ( if 1836 broken )
But we have a triple top at 1840.5 and a megaphone pattern- if broken, the bulls will try to ride it to 1843 max 1847 -
will be surprise if we do so - see chart below
Still have 1836 support and 1840.5 resistance ...
12.40 Testing the 1838.5 level at time of writing - Still think it s a fade towards 1831.5 ( if 1836 broken )
But we have a triple top at 1840.5 and a megaphone pattern- if broken, the bulls will try to ride it to 1843 max 1847 - will be surprise if we do so - see chart below
Still have 1836 support and 1840.5 resistance ...
11.56 Testing the 1838.5 level at time of writing - Still think it s a fade towards 1831.5 ( if 1836 broken )
But we have a triple top at 1840.5 - if broken, the bulls will try to ride it to 1843 max 1847 - will be surprise if we do so - see chart below
Now have 1836 support and 1840.5 resistance ...
11.16 Still into the process of finishing the dead cat bounce - still have 1838.5 not to go over to fade back and retest 1831.5
Still have 1831.5 support and 1838.5 resistance ...
10.37 So we had our dead cat bounce to 1835 ( and more ). I think we can fade and retest 1831.5 if we do not trade above 1838.5
Still have 1831.5 support and 1838.5 resistance ...
10.05 So 1833.5 broken on the 10 o clock number: 1831.5 is strong support - dead cat bounce to 1835 max befpre retesting 1831.5
Now have 1831.5 support and 1838.5 resistance ...
09.43 Testing the 1836.5 level - can go towards 1840.5 max 1843 on that before resuming downtrend
Now have 1833.5 support and 1838.5 resistance ...
Breaking 1833.5 will invalidate that scenario
09.10
Still have 1831.5 support and 1836.5 resistance ...
We already broke the uptrend support line and range channel line - see chart below...
07.15
EXPECT VOLATILITY TO PICK UP TODAY
Still have 1831.5 support and 1836.5 resistance ...
We already broke the uptrend support line and range channel line - see chart below...
Interesting article : Soros doubles a bearish bet on the S&P 500, to the tune of $1.3 billion
05.12
Good Morning
EXPECT VOLATILITY TO PICK UP TODAY
Now we have 1831.5 support and 1836.5 resistance ...
We already broke the uptrend support line and range channel line - see chart below...
FEB 14
15.22 Testing 1835 at time of writing
Expect some profit taking going into the end of the trading session
NOW have 1835 support and 1838 resistance ...
Breaking the 1835 level will finally confirm a pullback towards 1832.5 max 1827
Have a nice week end. - Back next Tuesday
15.03
Expect some profit taking going into the end of the trading session
NOW have 1835 support and 1838 resistance ...
Breaking the 1835 level will finally confirm a pullback towards 1832.5 max 1827
14.41
Expect some profit taking going into the end of the trading session
NOW have 1832.5 support and 1838 resistance ...
Breaking the 1832.5 level will finally confirm a pullback towards 1827 max 1823
14.14 Testing the 1834.5 resistance level
Expect some profit taking going into the end of the trading session
NOW have 1832.5 support and 1834.5 resistance ...
Breaking the 1832.5 level will finally confirm a pullback towards 1827 max 1823
Still into that rising wedge - see chart below
13.39 Testing the 1832.5 resistance
Expect some profit taking going into the end of the trading session
NOW have 1830 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1830 level will finally confirm a pullback towards 1827 max 1823
Still into that rising wedge - see chart below
13.29 Testing the 1832.5 resistance
Expect some profit taking going into the end of the trading session
Still have 1827 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
Still into that rising wedge - see chart below
12.24
Expect some profit taking going into the end of the trading session
Still have 1827 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
Still into that rising wedge - see chart below
11.31
Still have 1827 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
10.58
Now we have 1827 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
10.48
Now we have 1827 support and 1831.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
10.29
Now we have 1825 support and 1829.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
10.20
Now we have 1825 support and 1827.5 resistance ...
10.01
Now we have 1823 support and 1826 resistance ...
So breaking 1823 can bring 1819 max 1816
09.39
Now we have 1821.5 support and 1826 resistance ...
We are within a rising wedge - usually a bear pattern - see chart below...
So breaking 1823 can bring 1819 max 1816
09.10
Now we have 1823 support and 1827.5 resistance ...
We are within a rising wedge - usually a bear pattern - see chart below...
So breaking 1823 can bring 1819 max 1816
07.27
Now we have 1823 support and 1827.5 resistance ...
We are within a rising wedge - see chart below...
06.29
Good Morning
EXPECT AVERAGE VOLATILITY TODAY
Now we have 1821.5 support and 1825 resistance ...
We are within a rising wedge - see chart below...
FEB 14
15.22 Testing 1835 at time of writing
Expect some profit taking going into the end of the trading session
NOW have 1835 support and 1838 resistance ...
Breaking the 1835 level will finally confirm a pullback towards 1832.5 max 1827
Have a nice week end. - Back next Tuesday
15.03
Expect some profit taking going into the end of the trading session
NOW have 1835 support and 1838 resistance ...
Breaking the 1835 level will finally confirm a pullback towards 1832.5 max 1827
14.41
Expect some profit taking going into the end of the trading session
NOW have 1832.5 support and 1838 resistance ...
Breaking the 1832.5 level will finally confirm a pullback towards 1827 max 1823
14.14 Testing the 1834.5 resistance level
Expect some profit taking going into the end of the trading session
NOW have 1832.5 support and 1834.5 resistance ...
Breaking the 1832.5 level will finally confirm a pullback towards 1827 max 1823
Still into that rising wedge - see chart below
13.39 Testing the 1832.5 resistance
Expect some profit taking going into the end of the trading session
NOW have 1830 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1830 level will finally confirm a pullback towards 1827 max 1823
Still into that rising wedge - see chart below
13.29 Testing the 1832.5 resistance
Expect some profit taking going into the end of the trading session
Still have 1827 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
Still into that rising wedge - see chart below
12.24
Expect some profit taking going into the end of the trading session
Still have 1827 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
Still into that rising wedge - see chart below
11.31
Still have 1827 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
10.58
Now we have 1827 support and 1832.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
10.48
Now we have 1827 support and 1831.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
10.29
Now we have 1825 support and 1829.5 resistance ... 1829 was my daily max level
Breaking the 1827 level will finally confirm a pullback towards 1823 max 1821.5
10.20
Now we have 1825 support and 1827.5 resistance ...
10.01
Now we have 1823 support and 1826 resistance ...
So breaking 1823 can bring 1819 max 1816
09.39
Now we have 1821.5 support and 1826 resistance ...
We are within a rising wedge - usually a bear pattern - see chart below...
So breaking 1823 can bring 1819 max 1816
09.10
Now we have 1823 support and 1827.5 resistance ...
We are within a rising wedge - usually a bear pattern - see chart below...
So breaking 1823 can bring 1819 max 1816
07.27
Now we have 1823 support and 1827.5 resistance ...
We are within a rising wedge - see chart below...
06.29
Good Morning
EXPECT AVERAGE VOLATILITY TODAY
Now we have 1821.5 support and 1825 resistance ...
We are within a rising wedge - see chart below...
FEB 13
15.39 Still
A top I think especially if we break the 1823.5 level, will be the confirmation
Starting to trade below 1823.5 will confirm that scenario- then 1820.5 and 1815.5
15.02 A top I think especially if we break the 1823.5 level, will be the confirmation
Starting to trade below 1823.5 will confirm that scenario- then 1820.5 and 1815.5
14.24 A new high! A top I think especially if we break the 1823.5 level, will be the confirmation
Starting to trade below 1823.5 will confirm that scenario- then 1820.5 and 1815.5
13.31 Testing the earlier top at 1823.5 if broken 1825
Starting to trade below 1820.5 will confirm that scenario- then 1815.5
12.38 We broke the resistance line and next resistance is still1823.5 - see chart below
So my ultimate target of 1815.5 was reached - I think we will have a slow bleed
Starting to trade below 1817 will confirm that scenario- then 1811.5
11.32 We broke the resistance line and next reistance is 1823.5 - see chart below
So my ultimate target of 1815.5 was reached - I think we will have a slow bleed
Starting to trade below 1817 will confirm that scenario- then 1811.5
10.55 We broke the resistance line and next reistance is 1819 - see chart below
So my ultimate target of 1815.5 was reached - I think we will have a slow bleed
Starting to trade below 1815.5 will confirm that scenario- then 1807
10.23 So my ultimate target of 1815.5 was reached - I think we will have a slow bleed
Starting to trade below 1811.5 will confirm that scenario- then 1807
10.07 So testing the crucial 1811.5 level
Now have 1804.5 support and 1809.5 resistance ...
If 1811.5 broken then 1815.5 max on that dead cat bounce - need to hold 1807 for that
09.39 Now have 1804.5 support and 1809.5 resistance ...
If 1809.5 broken then 1811.5 and 1815.5 max on that dead cat bounce
09.09
Now have 1804.5 support and 1809.5 resistance ...
We broke the rising channel - see chart below... Starting to trade below 1803 and stay there will be very bad technically speaking...
07.23
Still have 1807 support and 1811.5 resistance ...
We broke the rising channel - see chart below...
06.15
Good Morning
EXPECT AVERAGE VOLATILITY TODAY
Now we have 1807 support and 1811.5 resistance ...
We broke the rising channel - see chart below...
FEB 12
15.33 1814.5 holding well but I do not exclude a sauve qui peut til the close.
If ever we break the 1812 level, then it can get quickly to 1808
Now we have 1812 support and 1816 resistance
Reminder: a daily close below 1813 will bring a nasty shooting star ( daily basis )
Have a nice evening...
14.18 K, we did 1819 and start to fade, Only breaking the 1815.5 level will bring 1812
Reminder: a daily close below 1813 will bring a nasty shooting star ( daily basis )
13.32 Here honestly very tough call
Rebound in progress to 1818 max 1821 before resuming downtrend: Only the break of 1815.5 for now will mean the rebound is over...
Now we have 1815.5 support and 1821 resistance
12.42 Rebound in progress to max 1818 before resuming downtrend: Only the break of 1814.5 for now will mean the rebound is over...
Now we have 1814.5 support and 1818 resistance
12.08 Market rebound from the 1812 level towards 1816 first max 1818 be fore resuming downtrend
Now we have 1812 support and 1816 resistance
We are still into the uptrend channel but can expect a sideways fight here - see chart below
And breaking 1812 will mean going to 1806 anf if broken then... 1792?
11.51 Having a daily close below 1813 will bring a nasty Shooting star on the SP500
Broke the 1814.5 zone then 1812 max 1808
Now we have 1812 support and 1816 resistance
11.29 Testing the 1814.5 zone then 1812 max 1808
Now we have 1812 support and 1818 resistance
11.01 Testing again the 1816 zone and rebounding slightly stop now at 1818
Now we have 1814.5 support and 1818 resistance
10.37 Tested the 1816 zone and rebounding slightly stop now at 1819
Now we have 1818.5 support ( weak ) and 1824 resistance
10.20 Market in process to break the 1818.5 level then max 1814.5 for now with 1821 stop -risky trade
10.05 Testing almost the 1824 resistance at time of writing - I think we are near the top
Now only 1818.5 broken will tell me that we will test 1814.5 ma 1812,
Now we have 1818.5 support ( weak ) and 1824 resistance
09.46 Testing almost the 1821 resistance at time of writing
Now only 1817 broken will tell me that we will test 1814.5 ma 1812, unless grind and see 1821. max 1824..
Now we have 1817 support and 1821 resistance
09.15 We had the expected pullback but stopped at 1812
Now 1813.5 broken will tell me that we will test 1808, unless grind and see 1821. max 1824..
Now we have 1813.5 support and 1819.5 resistance ...
07.20 Now we have 1811 support and 1817 resistance ...
We are still in a rising channel - see chart below... A pullback towards 1808/1810 zone is expected
06.25
Good Morning
EXPECT AVERAGE VOLATILITY TODAY
Now we have 1815 support and 1819.5 resistance ...
We are still in a rising channel - see chart below...
FEB 11
15.18
Need to break the 1814.5 level to now see downside in that market... 1814.5 broken then 1810.5 max 1808 - stop 1821
Now we have 1814.5 support and 1821 resistance ... See chart below
Have a nice evening...
14.47
Need to break the 1812 level to now see downside in that market... 1812 broken then 1810.5 max 1808 - stop 1817
Now we have 1812 support and 1817 resistance ... See chart below
14.36 Same old, same old
Need to break the 1810.5 level to now see downside in that market... 1810.5 broken then 1808 max 1804.5 - stop 1814
Now we have 1810.5 support and 1815 resistance ... See chart below
13.56 Need to break the 1810.5 level to now see downside in that market... 1810.5 broken then 1808 max 1804.5 - stop 1814
Now we have 1810.5 support and 1815 resistance ...
13.22 Need to break the 1810.5 level to now see downside in that market... 1810.5 broken then 1808 max 1804.5 - stop 1814
Now we have 1810.5 support and 1817 resistance ...
13.12 Need to break the 1809.5 level to now see downside in that market... 1809.5 broken then 1804.5 max 1802 - stop 1814
Now we have 1809 and 1804.5 support ( weak ) and 1817 resistance ...
12.48 Need to break the 1808 level to see downside in that market... 1808 broken then 1804.5 max 1802 - stop 1811.5
Now we have 1808 and 1804.5 support ( weak ) and 1813 resistance ... See chart below
12.12 Still think the market rech my ultimate level of 1810, I think its a fade: 1808 broken then 1804.5 max 1802 - stop 1811.5
Now we have 1808 and 1804.5 support ( weak ) and 1813 resistance ... See chart below
11.25 Ok the last push of the market is testing the zone ( exceeded a little but )...
Now we have 1804.5 support ( weak ) and 1809.5 resistance ...
So starting to trade below 1804.5 will be the reversal I think...
10.40
So the scenario of testing the 1804/06 zone is building; Still think it will be a fade
Now we have 1798.5 support ( weak ) and 1804.5 resistance ...
10.26
So the scenario of testing the 1804/06 zone is building; I think it will be a fade
Now we have 1798.5 support ( weak ) and 1804.5 resistance ...
10.04
Made a lower highs compare to pre opening ( 1802.25 vs 1803 ) Still struggling near 1800.5 level
Market showing some weakness
Now we have 1798.5 support ( weak ) and 1800.5 resistance ...
Would like to test 1804/1806 and fade, will be best scenario...
09.42
near testing the 1800.5 level, if broken 1804.5 max 1806
Now we have 1795 support and 1800.5 resistance ...
09.12
So 1798.5 broken and the first support trendline - see chart below...
Now we have 1794.5 support and 1800.5 resistance ...
Breaking 1789.5 will be very meaningful because its the last major support of the other trendline... - See chart
07.27
Still have 1798.5 support and 1804.5 resistance ...
We are in a rising channel - see chart below...
06.32
Good Morning
EXPECT AVERAGE VOLATILITY TODAY
Now we have 1798.5 support and 1804.5 resistance ...
We are in a rising channel - see chart below...
FEB 10
TAKE NOTE OF THE NEW DISCLAIMER
14.49
the 1794 level was broken, then 1796 max 1801
Now have 1793 support and 1796 resistance ...
We broke the wedge - see chart below
Have a nice evening...
14.19
the 1791.50 level was broken, then 1794 max 1796
Now have 1789.5 support and 1794 resistance ...
We are in the process of breaking the wedge - see chart below
13.25
Still Testing the 1791.50 level, if broken max 1794
Now have 1789.5 support and 1791.5 resistance ...
12.20
We have a tiny wedge in formation - see chart below
Testing the 1791.50 level, if broken max 1794
Still have 1786 support and 1791.5 resistance ...
11.39
Well, I was expecting a little bit more slippage but 1986 hold for now
Still have 1786 support and 1791.5 resistance ...
10.54
Now have 1786 support and 1791.5 resistance ...
Starting to trade below 1789.5 and break 1787.5 will mean to me going to see 1784 max 1781.5
10.40
Getting near of the fade trade being triggered
Still have 1789.5 support and 1794 resistance ...
Starting to trade below 1789.5 and break 1787.5 will mean to me going to see 1784 max 1781.5
10.19
Still have 1789.5 support and 1794 resistance ...
Starting to trade below 1789.5 and brak 1787.5 will mean to me going to see 1784 max 1781.5
09.47
Still have 1789.5 support and 1794 resistance ...
Starting to trade below 1789.5 and brak 1787.5 will mean to me going to see 1784 max 1781.5
09.12
Still have 1787.5 support and 1794 resistance ...
Starting to trade below 1786 will mean to me going to see 1784 max 1781.5
07.15
Still have 1787.5 support and 1794 resistance ...
Expect a tiny pullback to the 1781.5/1784 zone
06.05
Good Morning
EXPECT AVERAGE VOLATILITY TODAY
Now we have 1787.5 support and 1794 resistance ...
Expect a tiny pullback to the 1781.5/1784 zone
FEB 7
TAKE NOTE OF THE NEW DISCLAIMER
Sorry for the inconvenience, I had finally some webmaster connectivity problems 14.31
15.12
Now we have 1787 support and 1791 resistance...
Need to break the 1787 level for wave down to 1784 that can extend 1779 this time...
Have a good week end...
14.31
Now we have 1784 support and 1791 resistance...
Need to break the 1784 level for wave down to 1779 that can extend 1776.5 this time...
12.10
Now we have 1779 support and 1784 resistance...
Need to break the 1779 level for wave down to 1776.5 that can extend 1772.5 this time...
11.43
Now we have 1776.5 support and 1782 resistance ( weak )...
Need to break the 1776.5 level for wave down that can extend 1772.5 this time...
11.15
Now we have 1775 support and 1782 resistance ( weak )...
Need to break the 1775 level for wave down that can extend max 1766.5 this time...
10.38
The correction have begun but will be choppy
Now we have 1772.5 support and 1776.5 resistance ( weak )...
10.16
The correction have begun but will be choppy
Now we have 1772.5 support and 1782 resistance ...
09.55
So reached almost 1784 - the fade can begin
1776.50 broken then 1772
09.38
Now we have 1776.5 support and 1784 resistance ...
We are still into that rising channel
09.16
Now we have 1772.5 support and 1780 resistance ...
We re still into an uptrend channel - see chart below
08.48
Now we have 1764 support and 1770 resistance ...
07.30
Still have 1766.5 support and 1775.5 resistance ...
We re into an uptrend channel - see chart below
06.37
Good Morning
EXPECT AVERAGE VOLATILITY TODAY
Now we have 1766.5 support and 1775.5 resistance ...
FEB 6
TAKE NOTE OF THE NEW DISCLAIMER
15.32
Still have 1764 support ( weak ) and 1768 resistance
If 1764 broken then 1758 max 1755 for now
Have a nice evening...
14.58
Now have 1764 support ( weak ) and 1768 resistance
If 1764 broken then 1758 max 1755 for now
13.41
Finally testing the 1762.5 level, then see 1758 max 1755 on that fade...
12.42
On the daily, I was saying to follow the Retailers: check XRT ETF today...
Still have 1762.5 support ( weak ) and 1768 resistance
If 1762.5 broken then 1758 max 1755 for now
11.36
Still have 1761.5 support ( weak ) and 1768 resistance
If 1761.5 broken then 1758 max 1755 for now
11.05
Now have 1761.5 support ( weak ) and 1768 resistance
If 1761.5 broken then 1758 max 1755 for now
10.53
Really impressed by the bullishness of the market - now testing the 1764 level---
If 1758 broken then 1755 max 1753 for now
10.23
So I think that the 1761.5 was the top for now; 1758 broken then 1755 max 1751.5
Should not go above 1764.5 fo that scenario
10.06
Going to test the 1661.5 level - my ultimate level today...
Now have 1750.5 support ( weak ) and 1761.5 resistance
Starting to trade below 1755 will be first sighn of weakness
09.52
We are at the critical zone here of 1756: would be surprise to break it on 1st attemp butey may try to squeeze and test the 1661.5 level
Now have 1750.5 support ( weak ) and 1756 resistance and 1761.5 ...
Starting to trade below will be first sighn of weakness
09.38
Broke the 1751 level can go testing the 1754/56 zone and fade...
Now have 1747 support ( weak ) and 1754 resistance and 1756 ...
09.12
We are still into a rising channel... see chart below
Now have 1745.5 support and 1751 resistance ( weak ) and 1754 ...
Breaking the channel at the opening will give it more power and volatility ( from a grinding pattern towards a break out )
07.22
We are into a rising channel... see chart below
Still have 1750.5 support and 1756 resistance ...
06.37
Good Morning
EXPECT AVERAGE VOLATILITY TODAY
We are into a rising channel... see chart below
Now we have 1750.5 support and 1756 resistance ...
FEB 5
TAKE NOTE OF THE NEW DISCLAIMER
15.30
A final push to test the 1749 level here - still think it will fade back towards 1747.5 and 1744.5
Still have 1744.5 support and 1749 resistance - see chart below
Have a nice evening
15.03
Finally broke the 1747.5 level; now need to break teh 1744.5 to the final push towards 1741.5 Stop now at 1749 suggested
Now have 1744.5 support and 1749 resistance
14.17
Testing the 1747.5 level, if broken then will bring 1744.5 and 1741.5... 1751.5 stop
Then, we will finally break the uptrend channel going into the closing session...See chart below
13.12
Exceeding a little bit my resistance zone of 1746/48 level...
Now have 1747.5 support and 1751.5 resistance ... MAX 1754
Already starting to trade below 1747.5 will bring 1744.5 and 1741.5...
12.42
Back again at the 1746/48 zone well known now as the Magnet!
Check on the chart below on the double trendline resitance...
Now have 1741.5 support and 1746/48 resistance zone
Already starting to trade below 1744 will bring 1741.5 and 1738.5...
11.36
Breaking the 1741.5 level will go max to 1746 and fade back again
Now have 1738.5 support and 1744.5 resistance ...
10.27
The price action this morning was a double test of the zone 1746/48 and twice rejected violently...
If ever we break the 1732, then it s a precipice and market can gap lower violently 1724?
THE REMAINING of the trading session will be based on that test...
Now have 1734 support and 1741.5 resistance ...
Take a look at the chart below...
10.21
If ever we break the 1732, then it s a precipice an market can gap lower violently
Now have 1734 support and 1741.5 resistance ...
10.07
Went retest of the 1746/48 zone and faded
Breaking 1741.5 will mean it was a false break out and back towards 1734
09.57
Breaking the 1727.5 level at this point can bring a quick retest of 1734 and 1732
A retst of 1746 is a fade
09.45
Surprise to see that no much vol at the opening...
Still have 1737.5 support and 1744.5 resistance ...
09.14
We are into a wedge as shown by the chart below...
Usually, a rising wedge is a bearish set up... Was broken in pre session but came back - unusual
Now have 1737.5 support and 1744.5 resistance ...
07.16
We are into a wedge as shown by the chart below...
Usually, a rising wedge is a bearish set up...
Still have 1737 support and 1744.5 resistance ...
06.37
Good Morning
EXPECT ABOVE AVERAGE VOLATILITY TODAY BUT LESS THAN THE PAST 3 SESSIONS
We are into a wedge as shown by the chart below...
Now we have 1737 support and 1744.5 resistance ...
FEB 4
14.49
We are evolving within an uptrend widening wedge, a rare pattern... See chart below...
Still see that 1754 as the WALL
Starting to trade below 1748 will be the turning point, I think...
Still have for now 1748 support and 1754 resistance ...
Have a nice evening...
13.49
Still think that we are in the final phase of the dead cat bounce towards max 1754.. For the greedy, a 1748 stop is advised
Starting to trade below 1748 will be the turning point, I think...
Still have for now 1748 support and 1754 resistance ...
13.05
I think we are in the final phase of the dead cat bounce towards max 1754.. For the greedy, a 1748 stop is advised
Now have 1748 support and 1754 resistance ...
12.03
1749.5 broken then 1754 max I think for now - that should complete the dead cat bounce
Now have 1745.5 support and 1751.5 resistance ...
11.12
Now have 1741.5 support and 1749.5 resistance ...
We are still within that uptrend channel in a choppy price action...See chart below
10.23
Reached almost the 1749.5 and tumbled
Weak price action according to me...
Now have 1740 support and 1746 resistance ...
Breaking 1746 then 1749.5 level and if broken a quick 1754
Breaking 1740 risk of slippage towards 1735 zone
09.57
So we did hold above the 1737.5 in the first 30 minutes of trading
Breaking 1746 will bring 1749.5 MAX 1754 with a 1740 stop
09.40
Now have 1740 support and 1746 resistance ...
Starting to trade below 1737.5 in the first 30 minutes of the session will be seen as extreme technical weakness...
Interesting article: Bank Of America Warns: "Too Few Bears Out There", "Investors Not Prepared" For Selloff
09.10
EXPECT ABOVE AVERAGE VOLATILITY TODAY
We are into a small upward channel as shown by the chart below...
Now we have 1737.5 support and 1745 resistance ...
A dead cat bounce is expected: 1742.5 broken then 1745 max 1749.5 on the first wave... with 1737.5 stop risky trade
Starting to trade below 1737.5 in the first 30 minutes of the session will be seen as extreme technical weakness...
07.18
EXPECT ABOVE AVERAGE VOLATILITY TODAY
We are into a small upward channel as shown by the chart below...
Now we have 1735 support and 1742.5 resistance ...
A dead cat bounce is expected: 1742.5 broken then 1745 max 1749.5 on the first wave... with 1735 stop risky trade
06.37
Good Morning
EXPECT ABOVE AVERAGE VOLATILITY TODAY
We are into a small upward channel as shown by the chart below...
Now we have 1735 support and 1742.5 resistance ...
FEB 3
15.00
The ugly scenario?
Failed to recover promptly above the 1744 before NY Times 15.00 increase the risk of slippage and new lows.
We are now entering that scenario
1735 broken, risk to gap down to 1729... very risky trade here...
Starting to trade above 1742.5 will cancel that scenario
Now we have 1735 support and 1742.5 resistance ...
14.34
Failing to clear the 1744 before NY time of 15.00 will diminue the dead cat bounce scenario and risk new lows - very tough call here...
Now we have 1737.5 support and 1744 resistance ...
Starting to trade above 1744 will bring 1749.5 max 1756 with 1735 stop
13.51
Market Very Near Capitulation
Now we have 1735 support and 1744 resistance ...
Starting to trade above 1744 will bring 1749.5 max 1756 with 1735 stop
13.25
Market Near Capitulation
Now we have 1740 support and 1749.5 resistance ...
Starting to trade above 1749.5 will bring 1754 max 1761 with 1740 stop - now the odds are a lot lot better
12.22
Well the way it trades, tells me there tremendous bad long positions. The Yen and Financials correction are the signs still to follow.
Now we have 1744 support and 1751.5 resistance ...
Starting to trade above 1751.5 will bring 1754 max 1761 with 1744 stop - now the odds are a lot better
11.26
Now we have 1754 support and 1760 resistance ...
1754 here IS CRUCIAL TO HOLD
Tough call here, so much tech damage have been done that I don t exclude another panic wave selling
For the very courageous, play a dead cat bounce from 1754 with a large stop 1749 to play fisrt 1760 then 1764 - risk reward not good
11.02
Now we have 1757 support and 1763.5 resistance ...
1754 here IS CRUCIAL TO HOLD
10.37
Now 1759 almost broken 1754 becomes THE SUPPORT, if no bounce here open the door to 1729 in the next few sessions
Now we have 1759 support and 1767.5 resistance ...
A dead cat bounce can be violent here: already 1762 then 1764.5 max 1767.5 with 1759 stop - very risky trade
10.14
Now 1764 almost broken 1759 becomes the next strong support, if no bounce here open the door to 1754
Now we have 1764 support and 1767.5 resistance ...
REMEMBER THAT A DAILY CLOSE BELOW 1761... 1754 and after IS KABOOM
10.06
So testing almost the 1764 zone for the greedy stop at 1768 but I think the fistr wave is done
Now we have 1764 support and 1771.5 resistance ...
09.44
Price action is rejecting the price action at the 1782 level
Now we have 1771.5 support and 1776.5 resistance ...
Breaking the 1771.50 will bring us 1768 max 1764 in a volatile market
09.10
Seems a hit and run: tested the upper range of the channel and back already towards the range... For me a Reject of higher prices
Here multiple trendlines and channel will complcate the trading session
Now we have 1771.5 support and 1776.5 resistance ...
07.11
We are in a downward channel - see chart below
Still have 1771.5 support and 1776.5 resistance , if 1776.5 broken then 1780.5 for now the channel resistance level
06.25
Good Morning
EXPECT ABOVE AVERAGE VOLATILITY TODAY
Now we have 1771.5 support and 1776.5 resistance ...
JAN 31
15.08 Remember that the daily level is 1784...
Now have 1784 support and 1789.5 resistance
Have a nice week end
14.30
Remember that the daily level is 1784...
Now have 1780.5 support and 1785.5 resistance
1778.5 was broken at this stage, will mean we made the top of the market today...
13.31
Remember that the daily level is 1784...
Now have 1776.5 support and 1782 resistance
1778.5 was broken at this stage, will mean we made the top of the market today...
12.28
Remember that the daily level is 1784...
Now have 1778.5 support and 1784 resistance
If 1778.5 broken at this stage, will mean we made the top of the market today...
11.52
Back at the old Wall level of 1782/84 - really surprise that we squeeze that much
Now have 1776.5 support and 1782 resistance
If 1776.5 broken at this stage, will mean we made the top of the market today...
10.56
Surprise to see we re stuck in a range like that... 1768/72.5
Broke back up the 1768 level, then to test the 1772.50, if broken the 1776.50 max
Now have 1768 support and 1772.5 resistance
10.29
So 1768 broken back to test the 1764 level
Now have 1764 support and 1772.5 resistance
10.02
Now have 1768 support and 1776.5 resistance
I think that all uptick will be sold if we go to 1772.50 1776.5 zone
Starting to trade below will mean to me that the up move is over - very risky set up
09.38
Still have 1764.5 support and 1772.5 resistance
I think that all uptick will be sold if we go to 1772.50 1776.5 zone
09.12
EXPECT ABOVE AVERAGE VOLATILITY TODAY
Now we have 1764.5 support and 1772.5 resistance
Starting to break 1760 at the openeing will be very bad technically
I think that all uptick will be sold if we go to 1772.50 1776.5 zone
07.18
EXPECT ABOVE AVERAGE VOLATILITY TODAY
Now we have 1764.5 support and 1773.5 resistance
HAVING A DAILY CLOSE BELOW 1760 will open the door to 1729
06.25
Good Morning
EXPECT ABOVE AVERAGE VOLATILITY TODAY
Now we have 1768 support and 1776.5 resistance ...
JAN30
14.45
Already starting to trade below 1788 will be the first sign the correction in progress: and fade back towards 1785.5 max 1781.5
Now have 1784.5 support and 1792 resistance
Have a nice evening...
13.36
Already starting to trade below 1788 will be the first sign the correction in progress: and fade back towards 1785.5 max 1781.5
12.48
Now have 1784.5 support and 1792 resistance I see max 1794.5 and fade back towards 1785.5 max 1781.5
11.46
Seems a grinding market- painful to me... - no view here
Now have 1781.5 support and 1789 resistance I see max 1794.5
10.44 This time is different? 1785.5 as the wall
Still think a range here
Still have 1778 support and 1785.5 resistance
10.02
So we tested the 1783 zone and faded to 1778, can stay in that narrow range sometimes...
1778 broken then back to 1773.5
09.40
Big rising wedge - see chart below - Breaking the wedge at the opening will confirm the day trend...
the 1783 tested at the opening ( went over )
Now we have 1778 support and 1786.5 resistance
09.10
Big rising wedge - see chart below - Breaking the wedge at the opening will confirm the day trend...
Now we have 1773.5 support and 1781 resistance ( weak ) and after 1786.5...
Rebound expected towards 1778 / 1783 zone max
07.22
Big rising wedge - see chart below
Now we have 1770.5 support and 1777.5 resistance ( weak ) and after 1781...
Rebound expected towards 1778 / 1783 zone max
06.29
Good Morning
EXPECT ABOVE AVERAGE VOLATILITY TODAY
Big rising wedge - see chart below
Now we have 1770.5 support and 1777.5 resistance ( weak )...
Interesting article:Record Cash Leaves Emerging Market ETFs on Lira Drop: Currencies
JAN 29
15,43
Still seems to me as a double bottom at 1765
Now have 1765.5 support and 1773 resistance...
15.16
Now we have a downward wedge - see chart below...
Didn t reach the 1780.5 level
Still seems to me as a double bottom at 1765
Now have 1765.5 support and 1773 resistance...
14.41
Expecting another push here towards 1780.5 max with 1773 support
Now have 1773 support and 1780.5 resistance...
14.28
Testing the 1773 level
Seems to me a double bottom being tested
Now 1773 broken 1780.5 target...
Should not be back towards 1768 for that scenario to unfold...
14.12
Seems to me a double bottom being tested
Now 1773 broken 1780.5 target...
13.36 TECH PROBLEMS RESOLVED
So going inot the Fed decision. I ll follow Gold and US dollar for nervousness indicator...
Now I think trading range between those levels 1773 and 1780.5 for some times...In a choppy manner
Now have 1773 support and 1780.5 resistance...
BIG LEVEL TO WATCH 1760 and 1794
13.01 PROBLEM CONNECTING WITH STOCKTWITS
Now I think trading range between those levels 1773 and 1780.5 for some times...In a choppy manner
Now have 1773 support and 1780.5 resistance...
Challenges for the Yellen Fed
11.41
The 1780.5 level seems The Wall
Now I think trading range between those levels 1773 and 1780.5 for some times...In a choppy manner
Now have 1773 support and 1780.5 resistance...
10.33
Market flirted with the 1780.5 level and fade, as expected: Now I think trading range between those levels 1771.5 and 1780.5
for some times...In a choppy manner
09.58
If we fail to reach 1780.5 on that dead cat bounce, for me it means tremendous technical weakness
Now have 1771.5 support and 1780.5 resistance...
09.41
Now have 1771.5 support and 1775 resistance...
IF 1771.50 broken the 1765.5 IF 1775 broken then 1780.5 and fade after...
09.25
EXPECT EXTREME VOLATILITY TODAY
Will be a tough day to call direction
We broke the rising wedge - see chart below
Now have 1771.5 support and 1780.5 resistance...
IF 1771.50 broken the 1765.5 IF 1780.5 broken then 1786.5 and fade after...
07.25
Now have 1786.5 support ( weak ) and 1794.5 resistance...
06.29
Good Morning
EXPECT ABOVE AVERAGE VOLATILITY TODAY
Big rising wedge - see chart below
Now we have 1784.5 support and 1794.5 resistance ( weak )...
JAN 28
14.48
Testing 1786.5 at time of writing...
So Still have 1780.5 support ( weak ) and 1786.5 ( very weak ) 1788 resistance...
A final dead cat bounce to retest 1792, I doubt...
Have a nice evening...
13.56
Watching Financials here who have a real dead cat bounce. they ll bring the market with them. So follow them closely til the close...
Still Stuck in the mud between 1780.5 and 1786.5
So Still have 1780.5 support ( weak ) and 1786.5 ( very weak ) 1788 resistance...
The risk is still tilted on the downside...
12.41
Stuck in the mud between 1780.5 and 1786.5
I thought earlier that we ll break on the downside but rebounded...
So Still have 1780.5 support ( weak ) and 1786.5 ( very weak ) 1788 resistance...
The risk is still tilted on the downside...
11.31
Dead cat bounce already over?
broke the 1783.5, next 1380.5 max 1776.5 for pullback...
Now have 1780.5 support ( weak ) and 1786.5 ( very weak ) 1788 resistance...
10.21
Now have 1783.5 support ( weak ) and 1786.5 ( very weak ) 1788 resistance...
Dead cat bounce to max 1792 and resume downtrend after? 1783.5?
09.46
Now have 1780.5 support ( weak ) and 1784 ( very weak ) 1786.5 resistance...
I think 1784 will be tested here: crucial price action will follow if broken or not...
So 1784 broken, 1786.5 max 1788.5 for now
Breaking the 1776.5 into the first hour of trading tells me will make new lows: 1767 and 1760 in gaps kind of trading
09.12
Observe the big wedge on the chart below...
Now have 1780.5 support ( weak ) and 1784 ( very weak ) 1786.5 resistance...
Not making the dead cat bounce into the first hour of the opening session will be for me technical weakness.
So 1784 broken, 1786.5 max 1788.5 for now
Breaking the 1776.5 into the first hour of trading tells me will make new lows: 1767 and 1760 in gaps kind of trading
07.26
Now have 1780.5 support ( weak ) and 1786.5 resistance ( weak )...
06.27
Good Morning
EXPECT ABOVE AVERAGE VOLATILITY TODAY
Now we have 1780.5 support ( weak ) and 1788.5 resistance ( weak )...
JAN 27
15.06
Testing the 1784 level as writing...
1782 broken, trade towards 1776.5
1784 broken, back towards 1788.5
Now we have 1782 support (weak ) and 1784 resistance ( weak )...
Have a nice evening
14.31
1776.5 broken, trade towards 1771.5
1784 broken, back towards 1788.5
Now we have 1776.5 support and 1784 resistance ( weak )...
13.02
1767 broken, trade towards 1765
1776.5 broken, back towards 1780 max1784
Now we have 1767 support and 1776.5 resistance ( weak )...
12.15
A lot of panic bulls on Stocktwits - market will get even more volatile going into the close...
1771.5 broken, trade towards 1765
1780 broken, back towards 1784 max1788.5
Now we have 1771.5 support and 1780 resistance ( weak )...
11.41
1776 broken, trade towards 1765
1784 broken, back towards 1788.5
Now we have 1776 support and 1784 resistance ( weak )...
10.42
1776 broken, trade towards 1765
1784 broken, back towards 1788.5
Now we have 1776 support and 1784 resistance ( weak )...
10.16
1782 broken, back towards 1776
Now we have 1782 support and 1788.5 resistance ( weak )...
09.52
1786 broken, back towards 1782
Now we have 1782 support and 1790.5 resistance ( weak )...
Goldman Gives A Very Simple Explanation For Why The Market Could Keep Going Down
Read more: http://www.businessinsider.com/goldman-selloff-2014-1#ixzz2rbycrciZ
09.10
EXPECT EXTREME VOLATILITY TODAY
Now we have 1786 support ( weak ) and 1792 resistance ( weak )...
Breaking 1792 at the opening will bring the Dead cat bounce to 1794.5 max 1797 for now : should not trade below 1786 NOW for that...
07.15
Now we have 1786 support ( weak ) and 1790 resistance ( weak )...
Breaking 1787.5 will bring the Dead cat bounce to 1790 max 1794.5 for now : should not trade below 1786 NOW for that...
Another interesting article that tells me will keep market volatile:
The People’s Bank of China ordered commercial banks to halt cash transfers
06.41
Now testing the 1787.50 level...
Now we have 1782 support ( weak ) and 1787.5 resistance ( weak...
Breaking 1787.5 will bring the Dead cat bounce to 1790 max 1794.5 for now : should not trade below 1776 for that...
05.34
Good Morning
EXPECT EXTREME VOLATILITY TODAY
Now we have 1782 support ( weak ) and 1787.5 resistance ( weak...
Breaking 1787.5 will bring the Dead cat bounce to 1790 max 1794.5 for now : should not trade below 1776 for that...
JAN 24
14.56
CAN HAVE A VIOLENT SNAP BACK in the last 30 minutes of the session
1795 broken open the doors for 1802 - 1790 stop - very risky
1790.5 broken can get quickly to 1786...
Now we have 1790.5 support and 1797 resistance...
Have a good week end
13.36
Well, I m surprised how much angry bulls liquidate theri positions
1802 broken open the doors for 1805.5 - 1796 stop - very risky
1794.5 broken can get quickly to 1788...
Now we have 1796 support and 1802 resistance...
12.42
1800 broken open the doors for 1805.5 - 1796 stop - very risky
Now we have 1796 support and 1805.5 resistance...
11.36
the close of European markets behind us, finally we can climb the wall of pain 1800 broken open the doors for 1805.5
Now we have 1796 support and 1805.5 resistance...
11.06
Now we have 1802.5 support and 1808 resistance...
I think we saw the bottom near the 1802.5 level... We ll know by 11.30 NY Times with the close of European markets
The low will take place between now and there...
10.36
From the Stoctwits stream; a lot of deer in the headlight - frozen bulls
Now we have 1804 support and 1812 resistance...
I think we saw the bottom near the 1802.5 level...
09.56
Really dislike the price action
a dead cat bounce to 1814 with a 1807.5 stop - very risky trade
If able to get above 1814, then 1818.5
Now we have 1808 support and 1816 resistance...
if 1807.5 broken, then new lows are to be expected...
09.12
EXPECT EXTREME VOLATILITY TODAY
Now we have 1810.5 support and 1818.5 resistance...
Dead cat bounce to 1818.5 : should not trade below 1810.5 for that...
Breaking 1810.5 and making a new low can turn very ugly - 1802.5...
07.21
Now we have 1809.5 support and 1814 resistance ( weak )...
Dead cat bounce to 1818.5 if 1814 broken...
06.06
Good Morning
Now we have 1809.5 support and 1818.5 resistance...
Still have that article in mind:
China provincial govt may bail out shadow bank to avert default
JAN 23
15.20
Now have 1816.5 support and 1821.5 resistance...
Now we can have finally have the dead cat bounce - 1821.5 broken for that... Then max1824 til the close...
14.29
Sorry for the delay, spent some times to find the reason for the pullback:
China provincial govt may bail out shadow bank to avert default
That s why Financilas got hammered
In these kind of events - volatility will pick up tremendously...
Now have 1814 support and 1821.5 resistance...
Now we can have finally have the dead cat bounce - 1818 broken for that... Then 1821.5 max1824 til the close...
12.52
Now we can have finally have the dead cat bounce - should not trade under 1818 for that...
First 1824 then 1828.5 max 1830.5
Now have 1820.5 support and 1824 resistance...
11.36
Europe market close. Now we can have finally have the dead cat bounce
First 1824 then 1828.5 max 1830.5
Now have 1820.5 support and 1824 resistance...
10.42
A lot of panic on the stream
Tough to call the bottom here - Caution is advised here
Now have 1820.5 support and 1826.5 resistance...
10.18
Financials decimated down 1.32% YEN at 103.70 ITS A GAME CHANGER
Hearing multiple sell orders...
Now have 1820.5 support and 1828 resistance...
Thats tell me we saw the top of the market at 1846.5 for awhile...
Breaking 1818 will be for the precipice...
09.47
Now have 1826 support and 1830.5 resistance...
Still Expect again choppy price action 1826/30 support zone and 1840/44 resistance zone
Expect a dead cat bounce at the opening to max 1830.5 max 1834 and resume downtrend after...
09.12
Now have 1826 support and 1834 resistance...
Still Expect again choppy price action 1826/30 support zone and 1840/44 resistance zone
Expect a dead cat bounce at the opening to max 1834 and resume downtrend after...
Breaking 1818 will be for the precipice...
07.18
Still have 1831.5 support and 1837.5 resistance...
Still Expect again choppy price action 1826/30 support zone and 1840/44 resistance zone
Breaking 1831.5 will bring us towards 1828.5 max 1826
06.12
Good Morning
Now we have 1831.5 support and 1837.5 resistance...
Still Expect again choppy price action 1826/30 support zone and 1840/44 resistance zone
The pullback made in China: Asian Stocks Drop After China’s Flash Manufacturing PMI
JAN 22
14.25
Still
Only a break of 1835 will bring us lower.
Unless stuck in the mud 1835 to 1843
A lot more challenging today following Apple and Icahn!
13.12
Still
Only a break of 1835 will bring us lower.
Unless stuck in the mud 1835 to 1843
12.30
Still
Only a break of 1835 will bring us lower.
Unless stuck in the mud 1835 to 1843
11.20
Only a break of 1835 will bring us lower.
Unless stuck in the mud 1835 to 1843
10.32
Market seems to consolidate here. Only a break of 1835 will bring us lower.
Unless stuck in the mud 1835 to 1843
09.46
Now have 1835 support and 1842.5 resistance...
We made the zone... Now I think we start the fade...
1838 broken then 1835...
09.10
Remember yesterday morning? Market grinded to test the high zone and fade after...1844?
I think we will see something similar tioday...
Still have 1835 support and 1839 resistance...
07.23
Still have 1835 support and 1839 resistance...
Expect again choppy price action 1826/30 support zone and 1840/44 resistance zone
06.12
Good Morning
Now we have 1835 support and 1839 resistance...
JAN 21
14.42
Still think it will fade towards 1834.5 first max 1832.5
Now have 1832.5 support and 1838.5 resistance...
13.47
Rebounded stronger than I thought into the 1838 zone
Still think it will fade towards 1834.5 first max 1832.5
Now have 1832.5 support and 1838.5 resistance...
13.07
Testing the 1834.5 level - max 1836.5 for the rebound and fading back after to the 1830 zone
11.37
Third real test to break 1846.5 and failed tremendously... It s of major significance to me...
Now have 1827 support and 1834.5 resistance...
Dead cat bounce here towards 1834.5
11.02
Dead cat bounce towards 1838.5 max and resume downtrend again?
Now have 1834.5 support and 1838.5 resistance...
10.18
Critical here if we break the 1836.5 level. I think it will hold, rebound to 1841 and fade back to retest it...
Now have 1836.5 support and 1841.5 resistance...
09.47
Well, we tried to reach the 1846.5 and failed for the 3rd time...
If 1841 broken, the 1838 and max 1836.5...
09.10
Now have 1838 support and 1843 resistance...
If we break the 1843 level, it s 1846.5 - triple top?
07.09
Still have 1836.5 support and 1841.5 resistance...
06.25
Still have 1836.5 support and 1841.5 resistance...
04.03
Good Morning
Now we have 1836.5 support and 1841.5 resistance...
JAN 17
14.44
Cracking the 1835.5 level now
Now have 1831.5 support and 1838 resistance...
Have a nice week end...
13.45
Still have 1835.5 support and 1841 resistance...
Still think we will break that 1835.5 and fade down quick towards 1831.5
13.04
Narrow range - same levels
Still have 1835.5 support and 1841 resistance...
11.50
Narrow range - same levels
Still have 1835.5 support and 1841 resistance...
11.00
Low vol... Still the same game plan...
10.21
Tested the 1835.5 area - I think a retest is quite in the cards,
A dead cat bounce can happen here to max 1839 but risk rewards not there at all...
Still have 1835.5 support and 1841 resistance...
Breaking here 1835.5 can get gap down quick towards 1831.5
09.40
Still have 1835.5 support and 1841 resistance...
Breaking here 1835.5 can get gap down quick towards 1831.5
09.07
Now have 1835.5 support and 1841 resistance...
A chart that you must see second chart below: AAII survey found that allocation for stocks is 68.3% the highest since 2007!
07.20
At the opening, would like to see testing the 1844 to 1846 zone to see if we re able to break it and make a new high:
If so, are we able to sustain the price into the new high territory or fade? That will bring the trading action accordingly...
Still have 1838.5 support and 1844.5 resistance...
06.15
Good Morning
Now we have 1838.5 support and 1844.5 resistance...
JAN 16
13.36
Very low volume, lack of vol...
Still have 1835.5 support and 1840.5 resistance...
Still think we will retest the 1835.5 and if broken 1831.5
We are in the step stairs trade - see chart below...
12.47
Same old, same old...
Still have 1835.5 support and 1840.5 resistance...
Still think we will retest the 1835.5 and if broken 1831.5
11.35
Still have 1835.5 support and 1840.5 resistance...
Still think we will retest the 1835.5 and if broken 1831.5
10.42
Now have 1835.5 support and 1840.5 resistance...
Still think we will retest the 1835.5 and if broken 1831.5
09.47
Testing the 1835.5 level pre-opening; if broken then 1831.5
But I think we will bounce here to test the 1840.5 level...
Now have 1835.5 support and 1840.5 resistance...
09.07
Testing the 1838 level pre-opening; if broken then 1835.5 ( stronger support )
Still have 1838 support and 1844.5 resistance...
07.18
Still have 1838 support and 1844.5 resistance...
06.17
Good Morning
Now we have 1838 support and 1844.5 resistance...
JAN 15
14.42
1840.5 broken, then 1835.5 max 1831.5 til the close...
A daily close below 1835.5 will give us an inverted hammer, exactly the same pattern as Dec 31 - it was the short term top then...
Financials are playing yo-yo since the beginning of the year: SP500 Financials Weekly: To Infinity and Beyond ?
Have a nice evening...
13.40
Finally starting to see some weakness...
1840.5 broken, then 1835.5 max 1831.5 til the close...
A daily close below 1835.5 will give us an inverted hammer, exactly the same pattern as Dec 31 - it was the short term top then...
12.35
Almost test the high ever again at 1846.5 and now the fade.
Now have 1840.5 support and 1844.5 as resistance...
11.32
I am really impressed by the price action here.
Almost test the high ever at 1846.5 and now the fade; I was too early on that one...
Still 1838 broken, then 1835.5 max 1831.5
10.47
Still think we will start to see a fade here towards 1838.5 first and 1835.5 after
We should not start to trade over 1844 for that scenario...
10.15
Already the 1842.50 level reached. I think we will start to see a fade here towards 1838.5 first and 1835.5 after
We should not start to trade over 1844 for that scenario...
09.44
1838 zone being tested
Now have 1835.5 support and 1842.5 resistance...
Just curious to see the opening: testing the 1836 max 1842.5 zone and fade towards 1835.5?
09.10
Still have 1831.5 support and 1838 resistance...
Just curious to see the opening: testing the 1836 max 1842.5 zone and fade towards 1831.5?
07.20
Still have 1831.5 support and 1838 resistance...
06.17
Good Morning
Now we have 1831.5 support and 1838 resistance...
JAN 14
14.36
Now we have 1828.5 support and 1832 resistance...
I think a potential fade til the close: 1828.5 broken then 1824.5 max 1820...
Have a nice evening...
13.51
Target reached at 1824.5; for the greedy now a 1828 stop
Now we have 1826 support and 1832 resistance...
12.54
Target reached at 1824.5; for the greedy now a 1826 stop
Now we have 1824.5 support and 1832 resistance...
May I remind you that 1830 was the ultimate level on a daily basis...
11.43
Target reached at 1824.5; for the greedy now a 1824.5 stop
Now we have 1824.5 support and 1829 resistance...
10.59
Target reached at 1824.5; for the greedy a 1820.5 stop to try 1826?
Now we have 1820.5 support and 1826.5 resistance...
10.21
Well the dead cat bounce is painfull, more a grind
Should not trade below 1818.5 to sustain that scenario...
Now we have 1818.5 support and 1824.5 resistance ( strong )...
09.38
Still have 1815.5 support and 1824.5 resistance...
A dead cat bounce towards 1824.5 and resume downtrend?
09.10
Still have 1815.5 support and 1824.5 resistance...
A dead cat bounce towards 1824.5 and resume downtrend?
07.35
Now we have 1815.5 support and 1824.5 resistance...
A dead cat bounce towards 1824.5 and resume downtrend?
06.31
Good Morning
Now we have 1812.5 support and 1817.5 resistance...
JAN13
15.35
So now 1809 support and 1815.5 resistance...
Dead Cat Bounce towards 1817.5 til the close...
Have a nice evening...
14.49
So now 1817 support and 1824.5 resistance...
I think the 1825 zone is good support: time to cover shorts or for the greedy a 1822.5 profit stop...
If 1817 broken, can get very ugly til the close - 1814?
14.32
So now 1820.5 support and 1824.5 resistance...
I think the 1825 zone is good support: time to cover shorts or for the greedy a 1824.5 profit stop...
If 1817 broken, can get very ugly til the close - 1814?
14.05
So now 1822.5 support and 1826.5 resistance...
I think the 1825 zone is good support: time to cover shorts or for the greedy a 1826.5 profit stop...
If 1826.5 broken, can squeeze towards 1830.5 til the close...
13.18
I think the 1825 zone is good support: time to cover shorts or for the greedy a 1827.5 profit stop...
12.45
A tiny dead cat bounce expected here from the 1829 level.
If 1829 broken then 1825.5...
12.06
Still 1834 to crack to see 1829 in a slow bleed way... Very little vol today...
10.44
Was surprised the we hold 1835... Weak financials and especially weak Yen...
So now 1834 support and 1839 resistance... Not a strong view here: it should have happened at the openiong for me...
09.45
Testing the 1835 level. Think it will fade back towards 1829...
Financials weaker and the Yen...
09.10
Still have 1829 support and 1835 resistance in a big rising wedge...
Breaking 1829 at the opening open the door to 1825.5
07.14
Still have 1829 support and 1835 resistance in a big rising wedge...
06.31
Good Morning
Now we have 1829 support and 1835 resistance in a big rising wedge - usually a bearish pattern if 1829 broken ( see chart below )...
JAN 10
14.31
I do not expect much vol for this pm...
Now we have 1829 support and 1834.5 resistance
If 1829 broken, direct go to 1825
Have a nice week end...
13.07
I do not expect much vol for this pm...
Now we have 1829 support and 1834.5 resistance
If 1829 broken, direct go to 1825
11.12
Same old, same old
Now we have 1829 support and 1834.5 resistance
If 1829 broken, direct go to 1825
10.19
1829 reached, turn neutral
Can have a dead cat bounce BUT don t want to play it, too risky...
Now we have 1829 support and 1834.5 resistance
09.46
Testing the 1835 area:
Starting to trade below 1835 at the opening will risk a slippage to 1829...
09.12
Now we have 1835 support and 1839.5
Still in that siring wedge. Starting to trade below 1835 at the opening will risk a slippage to 1829...
07.20
Now have 1835 support and 1842 resistance
06.31
Good Morning
Now we have 1835 support and 1839.5 resistance in a big rising wedge - usually a bearish pattern if 1835 broken ( see chart below )...
JAN 9
14.45
Still have 1825.5 support and 1833.5 resistance...
Have a nice evening...
13.36
Still have 1825.5 support and 1833.5 resistance...
A dead cat bounce to max 1833.5 and fade towards 1827.5...
12.47
Still have 1825.5 support and 1833.5 resistance...
A dead cat bounce to max 1833.5 and fade towards 1827.5...
11.30
Now have 1825.5 support and 1834.5 resistance...
There is a support trendline at 1827.50 - seechart below.- amber line
Sarting to trade below that can get quite ugly - 1822
10.45
There is a support trendline at 1827.50 - seechart below.- amber line
Sarting to trade below that can get quite ugly - 1822
Now have 1827.5 support and 1834.5 resistance...
10.19
Ok 1833.50 reached turning neutral here...
Now have 1828.5 support and 1835.5 resistance...
09.36
Still have 1833.5 support ( weak ) and 1839 resistance...
Think we will not break the 1839 level and fade to test the 1833.5...
Financials are again on fire...
09.11
Still have 1833.5 support ( weak ) and 1839 resistance in an upward channel ( see chart below )...
Starting to trade below 1833.5 at the opening will be seen as technical weakness...
07.26
Still have 1833.5 support ( weak ) and 1839 resistance in an upward channel ( see chart below )...
06.26
Good Morning
Now we have 1833.5 support ( weak ) and 1839 resistance in an upward channel ( see chart below )...
An article that grabbed the market attention: Did Soros Just Predict a China Crash?
JAN 8
15.08
Think we will crack the 1827.5 til the close and flirt with 1825.5?...
Still have 1827.5 support and 1834.5 resistance
Have a nice evening...
14.30
Still have 1827.5 support and 1834.5 resistance
Can t remember having FOMC minutes released and so little volatility...
13.35
Now we have 1827.5 support and 1834.5 resistance
07.18
Broken wedge on the downside ( see chart )
Now we have 1825.5 support and 1830.5 resistance ( weak )
06.23
Broken wedge on the downside ( see chart )
Now we have 1825.5 support and 1830.5 resistance ( weak )
04.54
Good Morning
Now we have 1829.5 support ( weak ) and 1833.5 resistance in a parallel channel ( see chart below )...
Please observe the bid wedge on the chart below...
Jan 7
14.55
Same old, same old here...
Now, 1829.5 broken, a slow bleeding towards 1825.5
For that scenario, we should not trade above 1835...
Please take note that I will not be able to update Intraday levels on Jan 8 between 07.30 NY Time and 13.00.
Have a nice evening...
14.01
Same old, same old here...
Now, 1829.5 broken, a slow bleeding towards 1825.5
For that scenario, we should not trade above 1835...
12.58
Same old, same old here...
Now, 1829.5 broken, a slow bleeding towards 1825.5
For that scenario, we should not trade above 1835...
11.04
The way the market trade, I hink we saw the top at almost 1835.
Now, 1829.5 broken, a slow bleeding towards 1825.5
For that scenario, we should not trade above 1835...
10.19
First test near the 1833 zone rejected...
Like I said earlier; CRITICAL level
09.40
Now have 1825.5 support and 1832.5 resistance
1833 is crucial for the rest of the trading session if we break it or not...
09.10
Still have 1822 support and 1828 resistance
For me, if we start to trade down at the opening, it will men very weak technicals.
I think 1828 retested and grinding towards the 1833; that will decide the price action for the rest of the day if we break it or not...
07.30
Still have 1822 support and 1828 resistance
06.28
Please take note that I will not be able to update Intraday levels on Jan 8 between 07.30 NY Time and 13.00.
Good Morning
Now we have 1822 support and 1828 resistance in an uptrend channel ( see chart below )...
JAN 6
15.02
Now have 1821 support and 1826 resistance...
Have a nice evening...
14.19
Still think narrow range til the close.
We Still have 1817 support and 1823 resistance...
13.26
Still think narrow range til the close.
But the risk is still on the downside. If start to trade below 1817. slippery can get ugly quickly...
Now we have 1817 support and 1823 resistance...
12.10
Sorry for the delay on the update, trying to figure out the dynamic of the market.
Surprisingly, Financials are holding well; I think wrong place to be because: SP500 Emerging Financials Warnings ?
The way the market trade means more selling ahead of us ( next few sessions )
Here I think we made the lows but really not sure of an uptrade; more range trade 1817 to 1823 til end of trading session?
10.35
No dead cat bounce after the first attempt this morning...
Still have the risk of 1825 broken a slippae towards 1820...
09.47
Well the bounce was short live.Only 1832.5...
Here starting to trade below 1825 can have a direct go to 1820.5 because the channel will be broken - see chart below...
09.12
Now we have 1826 support and 1833.5 resistance...
Broken wedge; can test 1833.50 may be 1835 at the opening and fade...
07.14
Still have 1822.5 support and 1825.5 resistance...
The Yen will be my focus for now... Nikkei down 2.35% : The Yen/Nikkei Connection: SP500 Driven by the Nikkei ?
06.45
Good Morning
Now we have 1822.5 support and 1825.5 resistance...
JAN 3
14.47
Think they ll try to gring it towards 1833.5 til the close...
Still have 1825.5 support and 1833.5 resistance...
Have a nice week end...
13.05
Same old same old. very tough call here
Here not sure at all. Neutral for now...
Still have 1825.5 support and 1833.5 resistance...
11.51
So went to the 1825.5 level...
Here not sure at all. Neutral for now...
Still have 1825.5 support and 1833.5 resistance...
10.46
Well , seems the 1833.5 level is THE WALL
Resuming downtrend towards 1825.5 and see there what s cooking; I think so but should not trade above 1833.5 for that scenario...
Still have 1825.5 support and 1833.5 resistance...
09.45
Still think we will painfully grind up to 1834/1836 zone before resuming downtrend...
Now we have 1825.5 support and 1833.5 resistance...
09.16
We did trade 1832 before open...
Still think they l try to push it up to 1834/1836 zone before resuming downtrend...
Now we have 1825.5 support and 1831 resistance...
07.23
Still have 1822.5 support and 1829.5 resistance...
Will try to test 1829.5 before the open...
06.32
Good Morning
Now we have 1822.5 support and 1829.5 resistance...
JAN2
15.14
Think of a painfully slow grind til the close 1828.5 target?
Have a nice evening...
14.22
Already bleeding near the 1822.50 level... Market in really bad shape.
I think it will hold but...
1822.5 broken direct go 1817
Now, 1824 support ( weak ) and 1828.50 resistance
12.38
Slippage towards 1826 was kick...
1825.50 should hold for now and a test of 1828.5; a shy dead cat bounce...
Support is 1825.5 and new resistance at 1828.5
If ever starting to trade below 1822.5, it can get extremely ugly - direct go to 1817 ?
11.42
Dead cat bounce didn t even went through 1833..
Weaker market than I thought.
Risk of slippage if we spend too much time around 1829 towards 1826 in a slow bleed...
I suspect portfolio rebalancing; bonds are bid...
Still 1829 support and 1833.5 resistance...
10.40
We had a dead cat bounce just shy of 1833.
Consolidation around 1829 but I am astonished that the grind did test 1835...
Internet stocks being slaughtered: Internet Stocks : Another Nasty Candle ?
Still think of a retest of the 1833 zone...
09.45
A surprising opening and we bleeded til 1829 ish...
Expect a rebound from here towards 1833 and see then if dead cat bounce or a morning trend...max 1835?
For that scenario, we shounld not see 1829 for the next 45 minutes
09.14
Still have 1833.5 support and 1840.5 resistance...
We ll see if seasonality will bid up that market... 1840.5 to break to retest the 1847 level...
07.29
Good Morning
Now we have 1833.5 support and 1840.5 resistance...
Market weker at the opening: Asian Stocks Drop After China Manufacturing Gauges Slide
DEC23
13.21
Still have 1819.5 support and 1824 resistance.
If a break out of the 1824 level, then 1828
Will be good technically speaking of a test of the 1812 / 1816 zone and rebound on that...
That was the last update on Intraday for this year. I ll be back on Jan 2...
Season's Greetings and best wishes for a happy and fulfilling new year.
11.47
Still have 1819.5 support and 1824 resistance.
If a break out of the 1824 level, then 1828
Will be good technically speaking of a test of the 1812 / 1816 zone and rebound on that...
Something to have in mind: Internet Stocks : Tremendous Break Out ?
10.45
Same old, same old
Still have 1819.5 support and 1824 resistance.
Will be good technically speaking of a test of the 1812 / 1816 zone and rebound on that...
09.48
A more difficult task at first
We have a major trendline that started on November 18 creating a strong resistance at the 1824 level (see second chart below - yellow line)
Still have 1819.5 support and now 1824 resistance.
Will be good technically speaking of a test of the 1812 / 1816 zone and rebound on that...
09.08
Still have 1819.5 support and 1828 resistance.
Will be good technically speaking of a test of the 1812 / 1816 zone and rebound on that...
07.11
Still have 1819.5 support and 1828 resistance.
Will be good technically speaking of a test of the 1812 / 1816 zone and rebound on that...
04.48
Good Morning
Now we have 1819.5 support and 1828 resistance.
Please take note that this is my last day for updating , I ll be back on Jan 2...
DEC20
14.42
Knocking at the 1818 door!
Still 1809.5 support and have 1818 as resistance ( Fibonacci extension )
Have a nice week end...
14.00
Still 1809.5 support and have 1818 as resistance ( Fibonacci extension )
12.42
Well, Santa is in top shape this year!
1814 was dismantled and the grind continue...
So 1809.5 becomes support and have 1818 as resistance ( Fibonacci extension )
11.37
1814 was my ultimate target for today...
So 1806.5 still support ( weak ) and have 1814 as resistance ( strong )
10.23
1814 was my ultimate target for today...
So Now 1806.5 becomes the new support ( weak ) and have 1812 as resistance
Think we will pause of a tiny fade to 1806.5 but risk reward not there...
09.44
Already a new high, Santa Claus Rally is not loosing any time?
We are in an uptrend channel... see chart below
I think we will continue to grind... 1810? 1814 if they push it?
Now 1804.5 becomes the new support and have 1810 as resistance
09.10
Still 1799 support and 1807 resistance.
We should not return to the 1795 zone...
Think market will be choppy choppy range trade with a slow grind... New high today?
07.12
From Seeking Alpha:
Chinese shares suffer worst run for 19 years as cash tightens. Chinese stocks closed down for the ninth consecutive session, the worst run since 1994, amid increasing fears of another cash crunch in the short-term money markets. The seven-day repurchase rate soared 100 bps to a six-month high of 7.6%, representing a jump of 328 bps this week. The spike today came as borrowing remained difficult despite the People's Bank of China making an emergency cash injection in the financial system yesterday after being inactive for over two weeks. The Shanghai Composite closed -2%.
We will have to monitor that closely...Still 1799 support and 1807 resistance.
06.25
Good Morning
Now we have 1799 support and 1807 resistance.
DEC19
14.40
Still micro channel is on: 1798 support and 1805 resistance..
Not much view here...
13.02
Well, a slow motion movie is upon...
A new micro channel is on: 1798 support and 1805 resistance..
11.55
Stuck in the mud was a feeling I had this morning even if here it s -only 22 Farenheit, should be slippery on ice! LOL!...
So still Now 1796.5 support and 1801.5 resistance
10.42
Still think the market will trade in a tight range trade for now. We did tested earlier 1796.5 and rebounded and tested almost the 1801.5.
So it seems a consolidation time more than a conso in prices...
So still Now 1796.5 support and 1801.5 becomes resistance
Interesting from The Stream: Now that we're back near the old highs traders on Twitter are targeting the 1845 to 1850 area again on $SPX. No other significant levels.
09.45
Now 1796.5 support and 1801.5 becomes resistance
Range trade for now...
09.12
Finally the slippage towards 1796 I was expecting... Not sure if we continue here.
But if 1796.5 broken, then max 1789
Now 1796.5 ( tested at time of writing ) support and 1799 becomes resistance
07.15
Still have 1799 support and 1807 resistance.
I think a small profit taking around 1796.5 that will be bought...
06.25
Good Morning
The forward guidance to keep low rates longer than expected was the gave up the FED made to secure the financial markets..
Participants will be back with the Santa Claus Rallye style!
Now we have 1799 support and 1807 resistance.
Yesterday Big wedge was broken first on the downside and after on the upside as shown by the chart below... I rarely seen that
I think a small profit taking around 1796.5 that will be bought...
DEC18
14.59
At time of writing, 1785.5 support and 1793 become resistance.
Think market will fade til the closing to 1785.5...
The forward guidance to keep low rates longer than expected was the gave up the FED made to secure the financial markets..
Participants will be back with the Santa Claus Rallye style!
Have a nice evening!
14.19
We did gap up to 1788ish and stabilize towards 1782 who becomes the new resistance
1777.5 becomes resistance
Volatile range trade expected here 1777.5 to 1786.5
Participants will be back with the Santa Claus Rallye style!
13.52
Internet stocks decimated at time of writing...
Now 1766.5 support and 1774 resistance
Risk after the FOMC is testing 1756 on the downside vs 1782 on the upside...
12.57
At time of writing, testing the 1770.5 level, if broken skid to 1766.5
Risk into the FOMC is testing 1764 on the downside vs 1782 on the upside...
11.44
Just skid below the 1775.5 level
So back to 1770.5 support and 1777.5 resistance
10.57
Still 1775.5 support and 1780 resistance...
Many Attempts to get out of the downtrend channel on the upside that failed ( see chart below )
09.55
Very choppy price action as expected. Tough as a day trader this kind of price action... Not a strong view here
Still 1775.5 support and 1780 resistance...
Attempt to get out of the downtrend channel that failed ( see chart below )
09.12
Broke the wedge on the downside..
Expect choppy undecided trading going into the FOMC. Something I don t fight usually...
Still 1775.5 support and 1780 resistance...
07.20
Still have 1775.5 support and 1782 resistance.
I ll follow which side the wedge is broken...
DEC17
14.52
Same
Here, a slow bleed to 1770...
So 1770 support and 1776.5 resistance.
Have a nice evening...
13.49
Market just went near 1776.50 and lost momentum.
Here, a slow bleed to 1770...
13.05
Still 1770 support and 1776.5 resistance.
Not strong view here...
11.47
Same old here: did trade 1770.25 but not sure if we continue to trade down or not. So I m neutral here...
So 1770 support and 1776.5 resistance.
10.54
Did reach almost 1771.5 so here not sure if we continue to trade down or not.
So 1771.5 support still and 1776.5 becomes resistance.
If ever 1771.5 broken then 1766.5 on a slow bleeding way
Financials are in disarray and YEN start to strengten; that was my main scenario today.
10.18
We are in a downtrend channel with 1774 support and 1781.5 resistance for now ( see chart below )
Market feel very heavy; still have 1771.5 in mind...
09.39
Testing the 1777.5 at time f writing... Market feel heavy with again financials under pressure...
If 1777.5 broken, then 1771.5
VIX still grinding up with inverted curve, meaning a lot of short hedging...
09.14
Now 1777.5 support and 1786.5 resistance.
Tough call here; want to see some opening price action...
07.09
Still have 1776.5 support and 1786.5 resistance.
Wondering how much position squaring will be done before FOMC meeting.
Yesterday, we had higher stock prices AND VIX - a very unusual pattern; hedge before the FOMC Storm...
DEC16
14.45
Still have in mind 1784.5 broken and 1781 max? in the last 30 minutes of trading?
Still Support at 1784.5 ( weak ) and resistance still at 1791.5
Have a nice evening...
13.33
A slow bleed..
Still have 1784.5 broken and 1781 max? Scenario... Only cracking 1781 will get me excited! LOL!
Still Support at 1784.5 ( weak ) and resistance still at 1791.5
12.36
Same old here...
Still Support at 1784.5 ( weak ) and resistance still at 1791.5
11.45
Well I thought a more challenging trading environment after the gap up...
Still Support at 1784.5 ( weak ) and resistance still at 1791.5
10.34 STILL ON Z3 CONTRACT
We did trade 1792...
The Fade sequence is just starting... Breaking 1784.5 will accelerate towards 1781
Support is 1784.5 ( weak ) and resistance still at 1791.5
09.34
The scenario with strong opening is in progress with 1786 broken, it will extend to max 1791.5 before resuming downtrend....
09.07
Expect more and more volatility going into the last FOMC meeting this wednesday...
I ll follow gold and especially US Dollar Index going into that...
Now 1781 support and 1786 resistance...
Best scenario for me is go testing 1786/1791 zone at the opening ( 1st hour ) and fade below 1782...
07.10
STILL ON Z3 CONTRACT
Huge rebound from the lows yesterday.
We have that major resistance trendline at 1784; if broken market can gap up to 1791.5
Now we have 1776 support and 1784 resistance
04.49
Good Morning.
Yesterday on China PMI ( China Manufacturing Index Unexpectedly Drops )
We tested as low as 1759.75 and the 50 Day Moving Average is 1759.8. It could be the low of the week already... That was my scenario...
Now as long as we do not trade above 1782 ( especially on a daily close ) the market will evolve for now in a tiny channel ...
Now we have 1772.5 support and 1779.5 resistance.
DEC13
14.16
Still 1771.5 support and 1778 resistance...
Momentum start to shift for a sell off til the close...
Reminder: a daily close below 1777 will bring a weekly bearish engulfing pattern...
1771.5 broken can see gap down to 1766.5...
13.09
Still 1771.5 support and 1778 resistance...
12.04
Market feel near the precipice. Seems they ll wait in the last 30 minutes to trigger the 1771.5 stops...
Still 1771.5 support and 1778 resistance...
11.05
All hopes are on the support at 1771.5
Many bought for a rebound that don t show up...
1771.5 broken can get a nasty price action ( a lot of stops will be triggered ) to 1766.5
09.58
Market feel very heavy even if not making a new low yet.
It may become the Friday the 13 escape from stocks and can become very ugly if long traders feel they must get out
Tapering risk next week, fat profit for some and lack of momentum can bring that
Now 1771.5 support and 1778 resistance...
09.10
Traded 1783; is that only for the dead cat bounce?
1776.5 support and 1784 resistance.
If in the first hour we made a new low (1773) instead of retesting 1783. will finish the day in dark red...
07.19
Still in the grinding process towards 1784 max 1786
1776.5 support and 1784 resistance.
06.31
Good Morning.
Dead Cat Bounce in Progress with first target at 1784 then 1786
Now we have 1776.5 support and 1784 resistance.
DEC12
15.02
Last hour trading session can get very volatile.
I ll be very honest with you, it can go either way with gaps... But if we tclose near the low, it will be technically sighnificant for me...
Now we have 1776 ( weak ) support and 1783.5 resistance.
Have a nice evening...
13.40
Starting to climb back the wall of worries.
Painfully grinding towards the 1777.5 to 1781 zone.
I think we will see sellers on uptick.
Market can get pretty crazy on the last 30 minutes...
12.49
We made a new low; we can have a dead cat bounce still but I think that very bad long positions still into the market the way it trade.
I expect volatility to pick especially an hour before the close.
Tricky to call the next 5 points as nervous players will start to square their positions...
But I think a pop to 1777.5 to1781 max will be sold ( except last 30 minutes of trading )
11.45
Well, the dead cat bounce was not powerful at all.
Tells me that the risk of fracking the 1775.5 and make new lows is more and more in the cards
And surprisingly, the Financials are not part of that weakness...
10.37
Very nasty price action, no rebound yet, a new low...
For me, 1775.5 remain a strong support here and still expect a rebound to 1783 max 1786 now
If ever we crack the 1775.5, then expect very bad price action and gap down to 1770 max 1766.5
09.45
Still I think we can grind back to 1786 max 1791.5 and resume down again...
09.10
Market testing the 1784 level at time of writing...
I think we can grind back to 1786 max 1791.5 and resume down again...
07.20
The real surprise today will be no break for the bulls and a slow bleeding scenario...
Now we have 1775.5 support and 1783 resistance.
06.32
Good Morning.
Bulls start to be very shaky here and liquidity is drying up...
Trading within a broken downward channel from yesterday...
Now we have 1775.5 support and 1783 resistance.
DEC11
14.47
A Probable retest of 1994 zone is in the cards before 30 minutes before the close;
if so, the last 30 minutes can see back testing the lows; 1785...
Check the new consolidation channel ( see chart below )
A daily close below 1784 will bring a bearish engulfing pattern
Have a nive evening
13.31
Market meeting some real support at the 1985 level
If ever broke, market can gap down to 1778.5 fast.
Think of a painful grind to 1792/94 zone and fall back...
12.10
Market already on the slippery side
1785 becomes the support and 1794.5 resistance.
1785 should hold; would like a retest of 1794.5 and fall back after...
11.05
Dead Cat Bounce in progress - 1797? risk reward is not there.
Kind of market with low liquidity that can gap down with level of nervousness from Bulls arise
And especially, the last 30 minutes of the trading session could be very interesting - a new day low?
Testing weekly support bullish channel on Financials: SP500 Financials Weekly: Challenging the Bullish Channel ?
10.22
Traded as low as 1792.5 - target reached.
Dead Cat Bounce expected here to max 1797 and we should start to trade down
Stream message Bulls are starting to be nervous here...
09.41
Second attempt to test the 1800 level
Starting to break the 1799 level can quickly bring us to 1796.5 max 1794.5
09.12
Same pattern:
Still Trading within a downward channel with 1799 support and 1804.5 resistance.
Starting to break the 1799 level can quickly bring us to 1796.5 max 1794.5
I ll watch today internet stocks and again financials...
07.12
Still Trading within a downward channel with 1799 support and 1804.5 resistance.
Starting to break the 1799 level can quickly bring us to 1796.5 max 1794.5
06.32
Good Morning.
Trading within a downward channel with 1799 aupport and 1804.5 resistance.
Starting to break the 1799 level can quickly bring us to 1796.5 max 1794.5
DEC 10
14.54
Not much vol going into this end of session...
Still that 1802.5 ( but most crucial, the 1800 level to crack )
We are in the process of having a daily bearish engulfing pattern if close at or below the 1804.75 level - second chart below...
Have a nice evening!
14.04
Market seems tired...
An interesting article tweeted from Jess Felder : World's biggest investor BlackRock says US rally nearing exhaustion
Still that 1802.5 ( but most crucial, the 1800 level to crack )
We are in the process of having a daily bearish engulfing pattern if close at or below the 1804.75 level - second chart below...
13.10
Still in that downtrend channel with little real action
1806 should fade and return to 1802.5 for a retest...
11.57
Trading still within that downawrds channel with 1802.5 aupport and 1808 resistance.
Starting to break the 1800 level can quickly bring us to 1796.5 max 1794.5
Financials tested the high of yesterday and start to fade; another sign of weakness?
10.35
Getting into a huge resistance zone: 1808 to 1811.5
Still into that downtrend channel ( until 1808 violated...
Still 1802.5 as support...
09.52
We broke the earlier channel and started in a new downtrend one...
1802.5 still support and 1808 resistance...
US Dollar being hammered and then Gold spike.
BUT HERE, IF the Yen continue to strenghten, then, IT WILL put pressure on SP500; this is the unexpected...
We had a few days to make new highs and didn t yet.
Starting to break the 1800 level can quickly bring us to 1796.5 max 1794.5
09.12
Broke the parallell channel at 1806.5
1802.5 becomes support and 1808 resistance...
Starting to break the 1800 level can quickly bring us to 1796.5 max 1794.5
07.15
Tiny parallel channel in the ON session
Still Support now at 1806.5 and resistance at 1811.5
06.35
Good Morning.
Tiny parallel channel in the ON session
Support now at 1806.5 and resistance at 1811.5
DEC9
13.43
We are still into an uptrend channel; 1805 as support and we still have 1811.5 as resistance.
Tiny range trade for now...
12.49
We are into an uptrend channel; 1804.5 as support and we still have 1811.5 as resistance.
Tiny range trade for now...
A lot of debate about Yellen and the tapering process; bonds are near the cliff but almost everobdy s short:
US Ten Years Bond Futures (TYA) - COT Small Speculators Huge Short Positions ?
11.53
Market doing not much; still testing the upper side of it
Same game plan here...
10.34
Seems we made the spike and fade kind of move again this morning
Did exceed my level ( traded as high as 1811.50 ) and start to fade.
Still expect a slow pullback towards 1802.5 were will make the difference for the rest of the day...
Tiny support at 1806 and resistance becomes 1811.50
09.44
Market started on a strong note with financials ( +0.33% )
If my scenario is correct, we made the high in the first 30 minutes and should not go back to 1810 ( resistance )
to slowly back test the 1802.5 level...
If start to trade above 1811, then 1816 is in the cards...
09.10
Still Support now at 1800.5 and resistance at 1809
Uptrend ( weak ) support line with 1802.5 for now
07.18
Good Morning.
Remember that I wrote to you about Institutional selling and retail buying; I finally found a chart (courtesy of BofAML - second chart below)
For me, that will set more potential volatility going forward. Private investor are less prone to losses ( if ever the stock start a correction )
Still Support now at 1800.5 and resistance at 1809
Uptrend support line with 1800.5 support for now
06.32
Support now at 1800.5 and resistance at 1809
DEC6
14.03
At the time of writing, testing the strong resistance level of 1804.5...
Here 1804.5 at play: if broke can squeeze to 1809...
Unless slow bleed back to middle of the range 1798.5...
Tough call honestly...
A new rising support trendline at 1803 here ( see chart below ( yellow line )
From the Icy Cold North in Canada, Have a wonderful week end!
13.04
Here 1804.5 at play: if broke can squeeze to 1809...
Unless slow bleed back to middle of the range 1798.5...
Tough call honestly...
11.42
Market got close to 1794.5 and rebounded.
1804 remains a strong resistance. Starting to trade above can a have a squeeze effect to 1809...
But honestly; think we will range trade 1794.5 to 1804 til the close...
10.50
Slow bleeding towards 1794.5.
Not sure here if we will go beyond that point... Can turn into range trade...
09.45
Market seem to fade and test the 1794.5 in a slow bleeding manner...
09.12
Market broke on the upside on the wedge... Exceeded a little my zone
Now 1794.5 becomes support and 1804 resistance...
First 30 minutes will be interesting to see if market will make new high and test 1804 or fall back toward 1794.5?...
And still checking financials...
07.20
Good morning
Support now at 1784.5 and resistance at 1794.5
Would like to test the 1796/1800 zone and fall back...
06.32
Support now at 1784.5 and resistance at 1792.5
Big wedge in progress
DEC5
15.10
Cracking the 1784.5 zone, a slippage towards 1777.5 til the close?
Support now at 1781.5 and resistance at 1786.5
Have a nice evening
13.58
Still support trendline at 1784.50 for now and main resistance at 1793...
Breaking 1784.5 will probably give us a new low ( 1777.75 from yesterday ) and reaaly start shaking the bulls here...
12.54 I m back!
NEW CHART below...
New support trendline at 1784.50 for now and main resistance at 1793
A story of lower highs and lower lows in an orderly fashion : keeps the bulls sleeping
This market is still on strenght.
Expectations on NFP tomorrow is getting higher...
09.39
Market very heavy at the open, especially financials...
Hope for that rebound to sell it...1794?
Still same old:weak support at 1788 and resistance at 1793 as a start this am.
Take note that Thursday Dec 5, I ll provide intraday til 09h45 NY Times. Medical Tests
09.10
Market cheers at first on US GDP but:
On GDP, headline very strong at 3.6%, but the upward revision owed to inventory accumulation. The change in private inventories jumped to $116.5bn from the previous release of $86bn, leaving the contrib from inventories to go to 1.7pp from 0.8pp
Market feel heavy again...
Would like the same pattern as yesterday: open strong grind 1793 max 1795 and fall after to new lows...
Still same old:weak support at 1788 and resistance at 1793 as a start this am.
07.14
Still same old:weak support at 1788 and resistance at 1793 as a start this am.
I feel the same scenario as yesterday; an attempt for higher prices at the openeing to fall after...
05.44
Now weak support at 1788 and resistance at 1793 as a start this am.
Take note that Thursday Dec 5, I ll provide intraday til 09h45 NY Times. Medical Tests.
I ll try to be back mid-afternoon.
Sorry for the inconvenience. Regards JP
DEC 4
14.48
But honestly, what will happen in the last 30 minutes will be the key for today...
Now weak support at 1782.5 and resistance at 1788
Have a nice evening...
Take note that Thursday Dec 5, I ll provide intraday til 10h00 NY Times. Medical Tests.
Sorry for the inconvenience. Regards JP
13.52
I don t know what I have today, seems to have a crystal clear vision! LOL!
Ok, here, we made new lows, meaning weak hands start to be shaky.
But honestly, what will happen in the last 30 minutes will be the key for today...
Now weak support at 1777.5 and resistance at 1785.5
12.50
My Bull trap scenario work quite well.
Here we have 1897.5 support and 1793 becomes resistance. No real view here...
If ever we do make a new low today ( 1784.5) it will tell me, how bad long have been trapped in the buy the dip I heard all morning!
11.40
Market trending towards 1793 very slowly.
Not sure it will go further at this point.... Stay tuned...
10.55
Market went beyound my expectations kissing almost 1800...
Still think it s afade towards 1793 first
So now 1793 becomes support and 1799.5 resistance
Extreme volatility in Financials and Internet Stocks
10.16
For me, the up sequence is near the end aroud 1795.5. We should start to fade soon towards 1789
Volatility in Financials is almost insane; reflect market nervousness...
09.41
Market open weak and start to grind up slowly.
Would like to have my bullish test here ( 1791.50 max 1795.5 and tumble )
09.05
Market under pressure and Financials HVOL starting to be felt : SP500 Financials HVol: A change in Trend ?
1785 becomes support and 1791.5 resistance.
Best scenario for me is opening with buyers, test 1791.5 max 1795 and then tumble...
If that scenario occur, it will tell me that bulls tried to add to their position and failed to keep higher prices...
07.14
Starting this am with a new paralell channel
Still 1788.5 support and 1795.5 resistance.
DEC 3
14.56
Not much change...
Still have 1792 resistance...
Last 30 minutes of trading will be interesting; are the bulls gonna scoop the pullback or not?
Have a nice evening...
Take note that Thursday Dec 5, I ll provide intraday til 10h00 NY Times. Medical Tests.
Sorry for the inconvenience. Regards JP
13.42
Bears awakening.
Getting closer to 1785 and 1792 becomes resistance.
We should not here get over 1792 if a real shake out of the market ( except last 30 minutes before closing )
Emerging market start to be under pressure ( EEM ETF ) down -0.75% )
12.41
Same old, same old : 1792 broken, go direct to 1785!
Financials are weihting on the market: SP500 Financials: Testing Major Support Trendline ?
We broke ( on a daily basis - see second chart below - yellow lines ) a mega rising wedge today: usually quite bearish
11.36
Ok, here I feel some nervousness from bulls...
Financials are down -0.93%
1792 being tested and should not have a rebound this time.
1792 broken then 1785 for me
10.29
Now that we have almost kissed the 1799.5 level. I think we will fade back to 1792 zone
Financials ( XLF ETF ) down -0.51%...
09.41
Already sell off at the opening.
Financials are under pressure. 1792 is the real support; if broken 1785.
But I feel they ll try to pop it ( 1799.5?) before resuming downtrend...
09.12
1792 is still support and 1799.5 resistance.
Market feel heavy. Want to see if rebound at the opening to 1799.5 and fade?
I ll follow especially financials: SP500 Financials: 2 Nasty Candles ?
06.35
Starting this am with a new downtrend channel
1792 becomes support and 1799.5 resistance.
Still too much complencency in that market...
We ll see if they keep buying the dip, as I read many times yesterday...
DEC2
14.53
After a daily shooting star on Friday, now another nasty candle on SP500.today.
Only a break of 1800.5 will accelerate to 1796.
Til then, seems a to be range trade.
Maybe I am stubborn, but more and more signs of market fatigue are accumulating...
But we trade prices, not hope!
Have a nice evening
13.52
Market tested near the 1809.5 resistance level and was rejected.
So back toward 1804 support...
12.48
Market broke on the upside of the down channel at 1806.5;
Now 1804 becomes support and 1809.50 resistance.
I am a little bit puzzled here.
On the stream, they re all about bullish seasonals and buying blindly...
Financials making new high after Friday s bearish engulfing pattern.
Volatility is climbing ( candles on financials and internet wider ); a start of repositioning for investors?
11.42
Market holding a lot better than I was expecting
Market Still in a downward channel defined by (now) 1800.5 support and 1806.5 resistance ( see chart below ).
Still think we will visit the 1796/1798 zone soon...
Internet stocks extremely volatile... ( FDN ETF I am checking )
10.41
Market establishing a downward channel defined by (now) 1800.5 support and 1806.5 resistance ( see chart below ).
Still think we will visit the 1796/1798 zone soon...
Market still feel heavy. Gold is collapsing ( down 1.8% on the day )
09.51
Market testing 1801.5 at time of writing and feel heavy
I think range trade for few hours and retest of 1801.5 and 1798
1796 to 1798 remain strong support...
Still too much complencency in that market...
09.08
Still 1801.5 is the next support ans still have 1807.50 as resistance.
From JC Parets: December has produced positive stock returns 76% of time since 1950... Strongest month of the year.
Bulls are all over it this am, putting the complencency level to a new high!
07.18
Good morning
Tested the 1803 level and broke it.
Now 1801.5 is the next support ans still have 1807.50 as resistance.
Market feel heavy.
One interesting chart that I found this week end:
SP500 Financials Bull% Index: Market Fatigue ?
Dec 1 06.46
Good Morning!
Sell off in the last 90 minutes of the Nov 29; that was the month end effect...
New levels to follow:
Support now shift to 1803 and resistance at 1807.5.
Intraday Comments ( SAMPLE FROM May 2 ) - See chart below
SP500 Package
more info HERE
May 2
15.27 Reached 1872 level earlier - Not expecting much til the close
Now have 1874 support and 1877 resistance ...
Have a nice week end
14.26 On the road for the 1871.5 level
Now have 1873.5 support and 1877 resistance ...
13.58 Now or never they say... 1875.5 broken then 1871.5
Now have 1873.5 support and 1878 resistance ...
13.15
Who wants to hold risk through the week end with the geo-political risk around? IF 1875.5 broken then 1871.5
Now have 1875.5 support and 1880 resistance ...
12.29
Now have 1877.5 support and 1880 resistance ...
11.24 So we already made the highs of the day -- next step IF 1875.5 re broken will be 1871.5
Now have 1875.5 support and 1880 resistance ...
10.57 So we already made the highs of the day neaxt step IF 1875.5 re broken will be 1871.5
Now have 1875.5 support and 1880 resistance ...
10.37 I think that the bull move is behind us - 1886 was the target MAX 1887.5
Now have 1882.5 support and 1886 resistance ...
10.14 1882.5 level broken then 1886 MAX 1887.50 on that move and fade back after -
Now have 1879.5 support and 1886 resistance ...
09.56 Fading again at the 1882.5 level - IF we break 1879 then 1877.5 will give us 1871.5
Still have 1877.5 support and 1882.5 resistance ...
09.45 1882.5 level
is CRUCIAL here as the WALL of resistance
Still have 1877.5 support and 1882.5 resistance ...
09.05 NFP stronger than expected bring back fears of tapering sooner than later - stocks still did not stayed above the 1882.5 level
Still have 1877.5 support and 1882.5 resistance ... IF we break 1877.5 then 1871.5 again like yesterday!
We are within a rising wedge with 1877.5 support and 1882.5 resistance for now - see chart below -
07.27 Good Morning
Still have 1877.5 support and 1882.5 resistance ...
We are within a rising wedge with 1877.5 support and 1882.5 resistance for now - see chart below -
06.34 Good Morning
Now we have 1877.5 support and 1882.5 resistance ...
We are within a rising wedge with 1877.5 support and 1882.5 resistance for now - see chart below -
SP500 Futures ( M4 ) Technicals Levels - Intraday PREMIUM USERS
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