SPY 373 target

3 окт. 2022 г.

That area would be the near term target. It would fill the gap as well as meet the downtrend line. Also, stops are probably in that area. After that, I expect one more move down although if we break above the downtrend line you can see a harder rally. Under 360 and this idea is invalid. Good luck!

3 окт. 2022 г.

Заметка

363 area should hold on any pullbacks

3 окт. 2022 г.

Заметка

363 has held so far.

3 окт. 2022 г.

Заметка

SPY is stretched and showing 3 waves only. If we stall at 370 we may have one more low coming this week. The slow move up is concerning to me FWIW. I took some profits in case.

3 окт. 2022 г.

Заметка

watching for this

4 окт. 2022 г.

Заметка

target reached, adding shorts

4 окт. 2022 г.

Заметка

watching aapl for weakness - may be leading the market.

4 окт. 2022 г.

Заметка

AAPL now broke horizontal support and has retested it, which is an objective short area, if correct we should see selling pick up soon.

4 окт. 2022 г.

Заметка

so far this is looking good for bears - so far

4 окт. 2022 г.

Заметка

they are shaking out shorts I believe. AAPL still looks like an ABC here after a messy impulse. Above 147 would be problematic for bears, otherwise this could be 1-2 complete

4 окт. 2022 г.

Заметка

SPX took out stops at the very end of day. Makes sense if they want to reverse it overnight/tomorrow. We'll see.