11/6 $SPX $SPY $ES PLAN
11/6 ES SPY SPX PLAN. Last weeks Squeeze was the biggest since November 2020! Clearly bulls are in full control and buy the dip is now the main theme. But where are the most important dip buys? Any bold level labeled major support is a place I’d consider a small size knife catch. Todays key levels are the red trend line on ES and 50dma on SPY, if those fail I wouldn’t be interested in buying the dip until the green trend line on ES , I’d try a knife catch at 11/2 CP on SPY. If SPY 434 anchor holds then we may continue melt up to 437 anchor and ultimately the 100dma right under the 439 anchor. Risk of rug pull still on high alert.
December contracts officially started 9/11 SPX is now about 18 points lower than ES.
Along with ES plan USE SPY ANCHORS As a place to protect some of your position and potential try a reversal depending on if it’s a trend day or ping pong day, use VWAP, and 200ema on all time frames as guides. Also even if I don’t place automatic notes, regard any level labeled as MAJOR an area to protect some of your position. GOOD LUCK
REMEMBER TO SET YOUR TRADINGVIEW SETTINGS TO DARK MODE TO SEE THE CHARTS.
NOTICE EVERYDAY THERE ARE NEW LINKS FOR TV CHARTS
ES:
tradingview.com/chart/tIa6RVnc/
SPY:
tradingview.com/chart/lxotFxPw/
SPX:
tradingview.com/chart/VTG16UUr/
December contracts officially started 9/11 SPX is now about 18 points lower than ES.
Along with ES plan USE SPY ANCHORS As a place to protect some of your position and potential try a reversal depending on if it’s a trend day or ping pong day, use VWAP, and 200ema on all time frames as guides. Also even if I don’t place automatic notes, regard any level labeled as MAJOR an area to protect some of your position. GOOD LUCK
REMEMBER TO SET YOUR TRADINGVIEW SETTINGS TO DARK MODE TO SEE THE CHARTS.
NOTICE EVERYDAY THERE ARE NEW LINKS FOR TV CHARTS
ES:
tradingview.com/chart/tIa6RVnc/
SPY:
tradingview.com/chart/lxotFxPw/
SPX:
tradingview.com/chart/VTG16UUr/
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