SPY Respecting the broadening descending wedge and the 20 SMA as resistance. Lower highs, closing under the 50 sma signals weakness. Vix signals also appearing.
- Found support at YTD VWAP, November High, and 100 SMA - Long wicked hammer candle with high volume could mark bottom - Expecting a bounce here, but market internals are still weak
I Knew the crash was coming, Here is How 3-7-2021
Drying up dark pools Shorts in safe location Heavy call wall at 850 Heavy put interest down to 600
After a hard correction, it now has a PE of only about 1000, hahahhahahah
- HUGE VIX DIVERGENCE - HIGHER VOLUME ON RIGHT SHOLDER - TIME OF THE YEAR IS RIGHT - BROADENING WEDGE FORMATION - RSI DIVERGENCE - DOUBLE FAILED BACKTEST OF OLD TRENDLINE - NO SUCH THING AS A QUAD BOTTOM IF WE RETEST NECKLINE :FireElmoMeme:
- Almost touched the 50 - Rejection of previous value area at EOD - 50% retrace is normal
- At Multi-year Resistance - IV/HV ATH - Volatility correlation (60) Warnings - RSI Divergences - MACD Crossing
Showing signs of Put build up. Maybe we correct the first 2 weeks of March
VIX Study. - Dark Pool Signaling weakness - IV/HV Signaling risk - Rainbow starting to signal again (VVIX /QQQ) - Skew in risk range
First impulse complete, lets see how low we can go.
Demonstration of how I short, cover, and catch knifes using 2-11-2021 as an example.