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- TERMINOLOGY: ES = S&P Futures; YM = DOW Futures; NQ = Nasdaq Futures
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10yr @ 1.336
SPX Monday SEP 20 Data:
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SEP MONTH STARTS @ 4528.80
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Overnight Gap: -30.04
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Range: 97.04
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Open -Close: -45.22
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Close -Close: -75.26
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LOD > Previous Close: -127.08
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Previous Close > High: -30.04
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ATH > Close: -4.14%
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ATH > LOD: -5.28%
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YTD (Close) 2021: +15.76%
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HOD Off MAR 2020 LOW: +100.88%
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YoY: +29.81%
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Month of SEPTEMBER: -3.78%
Checklist:
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A – B – C ✅; WAVE-A of WAVE-IV COMPLETED
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SEP -5.28% (SEP 20)
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2021 Monthly DIPS after ATH made OPEX Week:
– AUG
-2.51% (AUG 18)– JUL -3.65% (JUL 19)
– JUN -2.18% (JUN 18)
– MAY -4.17% (MAY 19);
ATH came MAY 7; OEPX Failure
– APR -1.61% (APR 22)
– MAR -3.27% (MAR 25)
– FEB -5.75% (MAR 4)
– JAN -2.01% (JAN 15);
Higher HIGH and then LOWER LOW (-4.57%) JAN 30 -
🚀 38.2 Retrace Bounce already in the books; WEEK OPEN @ SPY 441.19; SPX 4402.95
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NDX 14900 ✅
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EVERGRANDE BAIL OUT IN PROGRESS
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💲 Multi Baggers on OCT 1 AAPL, MSFT, SEP 24 PLTR PUTS all BOOKED
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FOMC Meeting 2PM Wednesday
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VIX 21.02 WARNING heading into FOMC Meeting WEDNESDAY 2PM
SPX TITANIC HAS HIT AN EVERGRANDE HOLE
BULLS:
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CLOSE ABOVE SPY 441.30 / SPX 4441.67
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CLOSE VIX -21.02
BEARS:
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CLOSE BELOW SPX 4320 to target 4289
This is a BOUNCE as was planned to happen BOUNCE
This is SO FAR AWAY from CONFIRMING WAVE-IV is complete with this > -5% dip and that we can be expecting SPX 5000 in Q1 2022
MANAGE THAT RISK EXPOSURE whther you follow a trade or go on one by your own guides
This is SO FAR AWAY from being over to the downside