YaKa

YaKa

A wave 4 of V in 5 expending waves ... if so the bottom has to hold pivot 2020. buy option spx call 2100 oct for 10... could multiply by 10...

YaKa

The topping process may last another 3 months before a bear market really takes over.

YaKa

Discipline! Long above 2020 short below 2020.

YaKa

Linear chart for a change. candidly, you buy below this is tricky or is a tsunami

YaKa

SPX is already out of the driving wedge. The bull structure is still protected though. A trap to 2020 may occur - it would probably be a buy if occurs in the next 10days. A new top in November is still possible - Target 2222. 666 >> 2222 Correction of 15/20% and potentially more if the correction lasts a few years which is possible given global growth and rates...

YaKa

Not trivial to decide here. Buy 10% at 10900 buy 30% at 10300 That shall make money either now (a little) or later (much more)...

YaKa

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YaKa

SPX could climb to 2200 in a narrow 3 month tunnel. overall the pivot is 2040/2060. 2060: 200d ema Sentiment: relatively negative > fuel for increase. Note quarterly expiry tend to be on uptick - 5 weeks to go.

YaKa

Upside: 4.5% Speed: 3 Months (Slow) Confidence 5/10 Risk High View: As long as above 2060, SP500 could climb to 2200 in the next 3 months. If so, the correlation between stocks within the index will be low. Expect rotation. Note: Brasil EWZ, WTI, Sugar are reaching close to important lows (bottom)...

YaKa

I started to look at renko bars. My first impression was WOW. there is defnitely value in it but also doing a cross check there are things I dont get: Example 1: in jun09 the top and the bottom of the Renko candle do match the exact top and bottom at the time. Example 2: just recently the bottom traded was 2040 but the renko candle shows 2066. I now...

YaKa

As long as 2060 is defended.. spx may travel to the top red line in the next few months... with DAX falling 15%, china collapsing 30%, brasil/sugar at the bottom, oil about to reach new top, You could argue SPX has been very strong (or that it is about to collapse after the fact...) short 2180 or below 2060.

YaKa

good visual as to why 2220 in November would be a good short into 2016.

YaKa

support here at 1080. Locally a move to 1000 would surely create a large bounce. if the move persists for a few months... the target is 800/900 but that would probably be for next year. NO BRAINER BUY: 890 in April 2016.

YaKa

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YaKa

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YaKa

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YaKa

if this happens, the vol will get crushed to new lows.

YaKa

5% size