GS shocked many of chartists when it finally broke above the TRUMP ELECTION WEEK canlde range @ 205 earlier in the month and seeing that 50.0 retrace to its ATH @ 213.51 visited this morning has it a HEADLINE tomorrow morning. JPM has been tough to determine if its still in Primary IV or is the clear 5 waves on the Monthly for a TOP (and then DOUBLE TOP) @ +119 ended its SC from 2009. GS 30Day Hour JPM [...]
We pretty much hit the nail on the head: The current SPX micro/nano wave structure is saying we're gonna go up into that possible +20p (+/- 10p) from 2996 to somewhere between 3016 - 3036. Thats COUNTING WAVES ONLY to see that. SPX 2968 is your NEW #1 Warning with 2952 the PROOF of that and then needing a break below 2931 to PROVE that #1 Warning was a REAL ONE. There aren't any SELL SIGNALS - just the Negative [...]
The power of options lies in their versatility as they present a world of opportunity to sophisticated investors (see the 32Trades version of "Options 101"). This versatility, however, does not come without its costs and, despite what anybody tells you, option trading involves risk, especially if you don't know what you are doing. It's for this reason why ONLY risk capital should ever be used. One easy way to get a feel for options, or even bank on them, is to [...]
Plan on this being the case as volume continues to be low and the psychological "into the weekend high" is how the economy gets those extra purchases on the credit cards while she's looking at purses and shoes. You watched how SPX 2990-2989 supported yesterday and that should continue to be the case as you have the mid-upper 3020s - mid 3030s still for where those 2018 Highs and 2002-2007 Upper channel lines are. REALITY: As long [...]
The power of options lies in their versatility as they present a world of opportunity to sophisticated investors (see the 32Trades version of "Options 101"). This versatility, however, does not come without its costs and, despite what anybody tells you, option trading involves risk, especially if you don't know what you are doing. It's for this reason why ONLY risk capital should ever be used. One easy way to get a feel for options, or even bank on them, is [...]
ES hit 3000+ on the Wednesday JUL 3 Trump Pump. Yesterday, another Wednesday, SPX hit 3000+ on the Powell Pump. What's lacking are SPY 300+ prints as we only have 299.66 and still on the Weekend path: The current SPX micro/nano wave structure is saying we're gonna go up into that possible +20p (+/- 10p) from 2996 to somewhere between 3016 - 3036. Thats COUNTING WAVES ONLY to see that. SPX 2968 is your NEW #1 Warning with 2952 the [...]
The power of options lies in their versatility as they present a world of opportunity to sophisticated investors (see the 32Trades version of "Options 101"). This versatility, however, does not come without its costs and, despite what anybody tells you, option trading involves risk, especially if you don't know what you are doing. It's for this reason why ONLY risk capital should ever be used. One easy way to get a feel for options, or even bank on them, is to [...]
BULLS saved themselves by the skin of their teeth on the SPX 2964.15 fractional gap below to WARNING #1 thanks mainly to a memo that went out with no headline or title that AMZN was going to save the day on a fake GOOGLE Prime Day is Monday, JUL 8 (it's literally the only catalyst anyone can find). FED speakers were clear about no reason for interest rate cuts in their comments yesterday, but we'll see what POWELL brings when [...]
The power of options lies in their versatility as they present a world of opportunity to sophisticated investors (see the 32Trades version of "Options 101"). This versatility, however, does not come without its costs and, despite what anybody tells you, option trading involves risk, especially if you don't know what you are doing. It's for this reason why ONLY risk capital should ever be used. One easy way to get a feel for options, or even bank on them, is to [...]
BULLS BE WARNED❗ ES Futures a/o pre-EU open have dropped to 2965 which aligns almost precisely with SPX 2968 as the 1st of many WARNINGS, but not just any as this would be a FAILED 5th as was the OCT 3 2018 attempt to break above 2941 and shoot for the 2971 projection to complete. And it just so happens to come when we're "possibly" due a statement from FED Powell today prior to the open to large brained economists [...]
