FibonacciDiPisa

FibonacciDiPisa

This is my prediction to the end of January including the much-awaited Santa rally. I think this push down was an anticipatory consolidation for that rally. Thereafter, at end of December into January a dramatic push down, specifically as Biden takes office (or fights for it) and as the virus devastation sets in. Overall, whipsaw and relatively flat until next year.

FibonacciDiPisa Updated 

Thing are getting over sold, so if the megaphone is true, it might looking something like this on a bounce. That being said the push down is hard and if we break the patter, it might be 6 or 7 more days of winter.

FibonacciDiPisa

Are we in the middle of the biggest head and shoulders pattern we have ever seen on ES? You be the judge, curious to know your thoughts. Considering we had concentric wave 3's in concentric wave 3's, it seems plausible we would have concentric head and shoulders in concentric head and shoulders...as above, so below...

FibonacciDiPisa

Seeing massive head and shoulders in addition to smaller concentric head and shoulders on ES. This could mean a week or so of bear mode before we head back up again.

FibonacciDiPisa Updated 

Just a warning, soybean oil took a small dive right before close; perhaps a warning shot for the mini. Probably nothing too crazy, but definitely some retracing to do.

FibonacciDiPisa Updated 

Anticipating a dumping @ 5pm when after hours closes...we will see

FibonacciDiPisa Updated 

Getting a few puts because of this news: www.investing.com We will see, not entirely hopeful, but a good guess...

FibonacciDiPisa Updated 

Expecting some type of small pull back at open and then the usual bounce; hard to say which one it will be or if it will dip a bit lower, but based on stimulus news, I would imagine not too low. The only "bad" news I think was someone having an allergic reaction to the vaccine, but other than that, seems like it will be another whipsaw and overall flat day.

FibonacciDiPisa Updated 

ES is forming the megaphone and we are nearing the top of it, preparing myself for a heavy down, but open to possibility of the usual float up. MFI still high enough to have a big dump pooped all over everyone...watch yourself.

FibonacciDiPisa Updated 

Blasted up on open of futures, would expect some type of pull back as that was probbably to cushion a selloff. Hoping for at least 3690ish area, but what it should really be 3687 or less, like 3670ish or my old friend 3666.

FibonacciDiPisa Updated 

Massive hidden bid selloff volume on the DOM for the S&P Mini, be careful bulls!

FibonacciDiPisa

Market is too complacent right now, we are primed for another VIX spike any moment/day now...

FibonacciDiPisa Updated 

One more downward push to 3666 range and then the sellers should be cleared out and we will be prepped for blast off...still a lot of support and push upward!

FibonacciDiPisa

Look for ES to retrace its steps a bit, at least to the first FIB, maybe more...that being said, a LOT of momentum up and the usual prep for this push down by the powers that be!

FibonacciDiPisa Updated 

Do we see a bounce here today? Is Sir Bouncealot finally dead or so we have one more in us? Only time will tell... On a side note, I am a little hurt that that is a whole section for Gann in Trading View but no Fibonacci option at all :( Maybe they can add that for me to boost my ego

FibonacciDiPisa Updated 

Having a bearish outlook, it is hard for me to use this idea/chart, but I think realistically based on history and the historical psychology of the market, this chart seems the most likely scenario. It seems like another low-volume floating up case with a minor pullback around mid December due to the FED announcements, then another big bull run (maybe even to...

FibonacciDiPisa Updated 

Using soybean oil as my indicator for ES, it is skyrocketing to a different dimension. I think a foreshadowing of what is to come in markets.

FibonacciDiPisa Updated 

MFI is off the charts, we have to come down at least a little...3680ish range is my target