Price is expending a large amount of energy.
Vertical Extensions paced by longer 4 to 6 hour
consolidations in Range to suddenly blast higher...
Doesn't qualify as "Bullish" - it simply illustrates
the Algos attempt to trap more fuel to squeeze.
Eventually, it comes back to further Gamma being
employed to move higher.
Q2 Eps Front Run is how it appears with...
Friday Chasers were MOMO, not quite FOMO just yet, although the STO RSI
doe indicate a Pullback to Consolidation is due.
Approaching the Upper Micro TL.
Volumes surprised Friday as Expiry took a weak PCC into Positive Gamma.
No shortage of Bearishness, plenty o' BEars stalking salmon down by the river.
"Bottom, Bottom Forming, DeMark 913s, New ATHs... " all in...
Chart says it all..
On June 13th SPX opened the week by heading straight down, it tried to rally on Wednesday on the Fed news of a rate hike (LOL) but could never get above Monday's high and then failed miserably the rest of the week to produce a bearish weekly closing candle. And this was a week after an already bearish close the previous week which produced a...
When the JUN17th SPY intraday churn and handoff completed - it was a very big tell.
Jamie passed off the trade to the Tails. Donkey meet pin... yer ass was cooked.
Another Vapid, mindless, and fraudulent squeeze.
Consumer Confidence @ 50... lol, couldn't lose it, but nasty.
Yeah, BTD... that'll end well.... again.
3200s By October, perhaps September, no...
Then, Kill it again.
SloMo, Momo, Fomo...
Sellers will be dinged.
Gap, Trap, Crap - patience is all that is required.
4022 is the next Fill on larger body breakdown.
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We'll see how they begin to accomplish the pre-EPS
stick save, lots of Junk being hoisted to levels they
do not belong.
We're looking for an entry...
Yday at the open we failed to accept over T+2 High area and got a move down from there towards Key Support at 3764.75-3760.50 which was one of the important levels to watch and I thought if we break it then we should see it head lower and possible even head for the lows from last week but T+2 low was an important area to watch under Key Support in order to get...
To Blow it off and reverse.
July 6th to 8th is the window for
the next reversal.
At Beat...
Here is the Issue - Volumes / Q2 EPS / DX / Yields.
Warnings season is ahead, Industrials are quietly being wrecked.
Never a good look.
Copper headed to the crapper.
Oil, it's fine - deeply oversold on BP, what could possibly go wrong there.
Joey B refuses to meet...
Looking for higher prices on ES, the 3880 level is where I think price will draw up into. I will only be looking for longs going into today NY session. If we don't get it today then that will still be my target for next week unless we break below the swing low that was formed on Wednesday 3700 level.
I'm on a seminar and not really following the market last few days.
Its a very cleat IHS on the ES to me and if we wont breakdown today, tomorrow can gap up.
Target is in 3940-50 zone
Globex inventory got short at T+2 low area we corrected and saw the high tested, so far we are correcting back towards the close before the open. Question today is do we have all the supply to get over T+2 High, Previous day high and push higher? Or will we fail to get over and come back in to test T+2 low and previous day low? Powell speaking at 10 so watch...
Jerry takes the stage again today @ 10 AM EST.
More softball Depression Q&A with the guy who
thought Transitory is a pronoun for Feudalism.
Back to your Castle Bitch.
Flood the Moat, lift the drawbridge...
There's a warrior clan a coming.
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Nah, they're not...
They'll eat the BS all the way to the lows, well
the...
Was expecting this retracement yesterday but we had too many people short from Thursday/Friday and structure yday showed early that we will not come down for now when we held the Gap area pre market, drove away from it at the open and got over the Globex inventory. Failure to extend over 3780.50-3776.75 and reach next stops around 3790 area was my MGI that this...
Continuing to fail at trendlines, the ES is beginning to weaken once again.
Powell's testimony today will no doubt provide even wilder swings in this
unstable mess.
Gap fills below and above, a theme for VX.
Crude has pulled back to our PO.
If it begins to decline further, Tech will not be getting a reprieve ST.
BTC should continue its decline along with the...
Sunday/Monday Globex we keep marking up and selling our product, we got into the area I put on watch yesterday and this is what I want to see if we will hold and accept or did we sell our product from below and will come back down to look for buyers lower. So far Globex inventory 100% long from Friday Close, we now have people trapped between our 3728 and 3747...
ES couldn't break the main resistance, Im short with a stop just above it.
Expect a Triangle trade into Thursday, ideally we see around 3900 on the 23rd/24th
