Trade Alerts

STEP ONE IS DONE ✅ WEEKEND VIDEO: Link:  https://drive.google.com/file/d/1yQyv6yAKXuIEYnAaafObClQLaOSL8-4o/view So again.... from Monday: The LOW END of the 2nd Ping Pong Court (3310/3325 - 331/332) is all any BTFD plans should be planning on for today and the upper end of the that same court (3365 - 336) is looking for the even riskier FRIDAY SEP 25 understanding a +28.84 VIX is going to inflate the prices on CALLS to the extent that J. Powell & S. Mnuchin in their speaking [...]

JUL 31 GAP IS FILLED (on Futures) Weekend VIDEO (22mins) Link:  https://drive.google.com/file/d/1yQyv6yAKXuIEYnAaafObClQLaOSL8-4o/view JUL 31 - AUG 1 GAP IS FILLED: OVERSOLD 1-2-4-6Hr BUY DIVERGENCES with a close to OVERSOLD Daily (pictured) Same view on EVERY OTHER INDEX with the DOW more aggressively overselling compared to the Nasdaq with the Russel the least aggressive sellers 🕷 Spidey senses tingling 🕸 J. Powell speaks 3 times this week S. Mnuchin speaks 2 times this week VIX says SHORTS ARE LIKELY GOING TO GET TRAPPED CHASING [...]

Another Awesome FOMC Day DROPPED THE WEEKLY OPEN OVERNIGHT Powell PRODUCED 😎💰💰💰💰 SPX WTD As shared yesterday:    SPX's 1st close above 3400 since SEP 4 and TRIPLE TOPPING that 3420 - 3425 zone Looking very much like a standard complex wave-b as have all others in the past mentioned yesterday wave-a of wave-B should be in and Jerome Powell gets to confirm or deny that later today whereas wave-b of wave-B SHOULD hold that 3389 low from yesterday, but [...]

FED DECISION @ 2PM Press Conference @ 2:30PM UNCHANGED SPX's 1st close above 3400 since SEP 4 and TRIPLE TOPPING that 3420 - 3425 zone Looking very much like a standard complex wave-b as have all others in the past mentioned yesterday wave-a of wave-B should be in and Jerome Powell gets to confirm or deny that later today whereas wave-b of wave-B SHOULD hold that 3389 low from yesterday, but has all the right settings to visit the [...]

Tech View Into FOMC & Quad Witching Friday     SPX heading into this OPEX Week with the Friday Close (Unfilled gap) @ 3340.97 and a 2nd consecutive 🔻RED WEEKLY CANDLE: SPX after the +92p bounce off the Friday LOW (visit to the 50d MA) and +23p unfilled gap and USING that 3363.56 OPEN for the guideline to re-enter SEP 18 SPX/SPY CALLS on the rare pattern of a 3rd consecutive 🔻RED WEEKLY CANDLE printing: Thus the VIEW remains unchanged for [...]

OPEX WEEK STARTS WITH +40p GAP UP SPX Closed Friday @ 3340.97 and produced that 2nd consecutive 🔻RED WEEKLY CANDLE and being OPEX Week leans strongly for a GREEN WEEKLY CANDLE (since 3 in a row is rare and its OPEX which is quad witching Friday). Therefore the OPEN on SPX today should work consistently through the week on dips below for scalp CALL plays understanding that pattern which dates back to 2016 of 2 🔻 RED Weekly Candles on [...]

Reminding all that we're BELOW the SEPTEMBER OPEN and that above the SEP 1 SPX 3507.44 open produces the 🔻 Monthly candle after a unique 5 consecutive after August; this CORRECTION times and aligns well with those from 2016 & 2018 in terms of time length needed to complete.  This since the 6 session drop which is so far -7.74% on SPX, -12% on NDX, produces best for all of wave-A of the WAVE-A and thus wave-B bounce should start immediately [...]

SPX DOUBLE BOTTOM BUY DIVERGENCES on SPX 1-2-4-6Hr Time Frames NOW (assuming this holds) Have SEP 11 PATTERN and OPEX Next Week (Quad Witching Friday) SEP 18 SPY 342 CALLS are currently @ 2.15, would be worth looking towards tomorrow morning ------------------------------------------------------------------------------ So SPX popped (and still hasn't fully filled the Labor Day Weekend Gap (-1p shy), but we have this: We NEARLY PERFECTLY hit 100.0 extension on the WAVE-A drop and using what we have and understanding 9/11 tomorrow [...]

So with the 3-day FLUSH and posting that LOWER LOW for the BUY DIVERGENCE setups on everything that trades in-line with the SPX, Tuesday's FLUSH completion dropping to the 38.2 retrace of the JUN LOW and filling 4 of the 6 GAPS created in AUG/SEP produced the BUY DIVERGENCE setup shared in that SPY CALL trade alert and whala: SPX PATHWAY Having accomplished the following yesterday: ✅   SPX 1Hr reached OVERBOUGHT ✅   FUTURES 1Hrs embedded OVERBOUGHT ✅   ALL 6 MAJOR [...]

As I've said for years: markets move when charts are ready for them to and they find something/someone to "blame" it on. They can blame Softbank all they like, it doesn't change the sell divergence and bearish signals shared in detail heading into the month of SEP after posting the monthly consecutive candlestick count.  Producing the 7th largest single session drop on the SPX Thursday (with the JUN 2020 drop 5th and the other 5 inside the MAR COVID drop), [...]