update on SPX Oil XLE Bonds BTC
Updated
All in the video. SPX is hanging around it's 4hr neckline, no decision to sell just yet, Oil may be a nice short, 70 is the target I'm watching. XLE I think is also an excellent short opportunity but confirmation is under 90. Bonds look good and maybe had a very important long term low. BTC could sell some more a few targets are 145 12k and 10k
Good luck
Good luck
Comment
no breakdown yet on SPX Comment
breakdown overnight, but now at support. Might have a short squeeze higher to test previous support before reversing, Comment
rsi on hourly chart already quite low, be carefulComment
Support at the daily 100 ma and pitchfork. We have an unusual amount of shorts in the market, Be careful of a push up into tomorrow to tag the upper BB again and the 200ma Comment
put/call was 1.46 yesterday - higher than covid lows again ycharts.com/indicators/cboe_equity_put_call_ratioComment
4hr RSI at lows, to me it's suspicions - Comment
1hr rsi showing hidden bull divergence. Comment
nice little bounce today from support but so far all they did was test the support area from yesterday. Tomorrow under 3900 would be more constructive for bears. Comment
OIl already to 77 - weekly BB target. 
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.