TraderTim

SPX Back to the JAN 2018 High;   NQ back to the JUL 25 2018 SOY BEANS High;   DOW back under the JAN 2018 High;   Trannies back under 10,000;   GOLD back above 1500;   RUT/IWM/RTY "Death Crossing" TODAY... Sounds so apocalyptic having spent 1-month above 2900 on SPX with the headlines, both political and economic, hitting the wires.   However, this is a big kids video game and video games have programmers and what this level of the game hints suggest is:   We're [...]

I would apologize for that rampage/tantrum of table pounding on the LIVE STREAM of the T.I.N.A.  🐮💩 that popped on the open to 2992.53 to get kicked in the teeth and force all those LONGS to order a month's worth of TUCKS medicated pads, but that wouldn't be me.   Global ISMs are NOT RECESSIONARY, but instead CONTRACTING when under 50 and these 2009 levels being reported makes you want to call 🐮💩 on why the heck we're: +1 month since seeing [...]

SEP is CLOSED and can you believe it was the first session of SEP when we last saw SPX below 2900 and soon after created the 2 unfilled gaps which only last week threatened to fill the first.   It's 💯 T.I.N.A. as horrible economic indicators and currencies falling to multi-year lows, PMI's recessionary, impeachment - unknown exit plans - riot geared financial capitals, and 50/200 SMA "Death Crosses" on 1 of every 3 charts you look at....   a combined "stuck on a [...]

Cheers for all the birthday wishes and a shout out to my brother from another mother, @samdmil, who's been with me prior to the launch of 32Trades and screenshot me a portion of his +$600k YTD. You are my ambassador of quan. So SPX produced a 2nd 🔻 RED WEEKLY candle with just a -1% drop on the week - a candle which should be a caution sign many of you heard me go into and share over the year+, [...]

Yesterday's lower low and then low volume 50.0 retrace of the drop off the SEP High: a)  took out that DOUBLE BOTTOM 2957-2958; b) skimmed above the 50d SMA; c) skimmed below the DEC - JUN Low line (around 2996 now); spiked the VIX to that 18.11 and then algo-spiked to drop the VIX under that 16.22; and finally d): overbought the USD/JPY on the 1Hr oversold the TLT on the 1Hr oversold /GC on the 1Hr overbought the NQ [...]

Yesterday's SPX 3007.98 which they were supposed to give into the close Monday had that smell with only a couple names being used for that pump up.   Many of you caught that LIVE STREAM table pounding when I was saying "this has -1% day written all over it" and its exactly what we began as soon as Trump began his UNGA speech. Odds have shifted strongly in favor of the BEARS for the SEP 3021-3022 DOUBLE TOP to be the wave-b [...]

Oversold 4Hr Futures ahead of the start of the week (with a buy divergence no less) and we're heading into Tuesday with no trade setup still on any of the indicies/ETfs.   Up above the 7 closes @ SPX 2998 - 3010;   Below, the 4 closes @ 2976 - 2980;  in between: Friday and Monday's closes right @ 2992 and what looks like a completed FLAT wave-4 for the start of the good ole unreliable wave-5 for 3047 or Bust. Now [...]

Friday was +10Bagger heaven on individuals like DIS, NFLX, ROKU, FB, JPM, BA, AMZN, SQ and so many others while QUAD WITCHING OPEX got a "stick save" on that No China Deal news due to - just like on FOMC DAY - those pesky lower keltner channels on the 1Hr Futures.   We ended the week with a 🔻 RED WEEKLY candle which many of you heard me going over on LIVE STREAM Friday, so before going over the forecast, here's [...]

We started the week with It's OPEX Week which means we're 75% likely to get the High of the Month placed during this week after we DOUBLE FAILED in AUG by 1) not posting a High of the Month during OPEX Week and 2) not posting a lower low after the pre-OPEX Week low after failing 1):  the first time (other than FEB 2018's Too Fast Of A Drop) in 32 months of recording the prior low wasn't taken out: 100% [...]

Those who were following on LIVE STREAM had a huge advantage to the summaries I was posting in the ALERTS room as the blood pressure was boiling on how those MM-algo runners took the maximum allowance on the Futures Technically on the FED announcement as was laid out in yesterday's update: Shorter time frames:  same applies but those get easier to manage since we have the (pat my own shoulder) custom keltner channel usage on te Futures 1Hr charts to [...]