Wednesday notes - SPX Wheat Gold DXY DAX Bonds etc.

28 сент. 2022 г.

Some pre market commentary, SPX - expecting a bear trap after open, then higher. Wheat may be affected by the hurricane in Florida, Bonds hit an important fib extension, Gold looks promising if it can get over 1675 resistance, DXY also looks like it may pullback - BTC could still move to lower 18000 area before a move up (would align with one more low in equities) but it doesn't have to go down that far. Dax has broken monthly trendline, expect a retest over the coming weeks.

I forgot oil - looks good for a strong bounce here, pullbacks are likely bought.

OK good luck!

28 сент. 2022 г.

Заметка

there's another structure on SPX to watch-

28 сент. 2022 г.

Заметка

test of trendline.

28 сент. 2022 г.

Заметка

Looks like it's game on for bulls

28 сент. 2022 г.

Заметка

short term target should be the previous trendline

28 сент. 2022 г.

Заметка

SPX target 1st area reached