Daily Updates

Added to a pre-existing USO LONG with a 3-6 month view on this for +💯 back for that gap fill from the beginning of March when OPEC had their pillow fight.   1st proof in progress with /CL filling the weekend gap to 21.84 and reclaiming that MASSIVE Falling Megaphone support ith the 2002 LOW on /CL 2points (17.12) below yesterday's 19.27: USO YTD Daily /CL Wide View As you can see, this has been demolished this year and /CL would be filling [...]

OVERNIGHT:  ES opened at 2445 and never looked back, rising up to 2567.50 for a few minutes visit above -25% from ATH and has been stuck between that 2529 - 2498.   SPX never showed that 2498 (SPY 249.58) on Friday, so we're still in COUNT LIMBO eyeing the A-B-C bounce wave having run the +20.31% rise which nearly nicked that 2664.29 (missed by < 30p @ 2637.01) while the B should target 2414.44 - 2466.96:  ACCOMPLISHED on that ES gap down [...]

Last week we appropriately titled the weekend update "😷 Week of MAR 27 Watch | SPX BOTTOM "Appears" To Be #Nailed" and highlighted "Long Story Short:   Possible -100'ish downside with Likely +400'ish upside" #Boooom 💥 We got Monday to see Obama's ATH nicked @ 2193.81 and sufficed the ~100'ish downside (-103.70p) which then went 🚀🚀🚀 for the +332.09p of the +400'ish upside;  having missed the 50.0 retrace of the -945p Wave 3/C (3136.72 - 2191.86) by 27.28p (2664.29).   Pretty dang good considering SPX/SPY [...]

Firstly:   We went into the week focused on IWM and the play for the bounce back up into 104 for 108-111. Whether the 108-110 CALLS for this week or the APR 17 115 CALLS:  ALL +5Bagged Happy to run around ticker to ticker for individuals, but you have to remember that I don't have the stresses in life you do or the distractions and see this stuff for 12-15 hours a day: every day; every week; every month; every year. [...]

We have gone #FullRetard people... S&P Futures just reclaimed the TRUMP DUMP Election Night LOW (2028.5) which was a LIMIT DOWN event and the DEC 2018 LOW right here @ ES 2498 which is now UP 14.90% from the LIMIT DOWN LOW Sunday and 9p shy of last week Friday's PM High (2499) which Cuomo stomped any chances of midday Friday. ES is quite clearly SHY of the Highs from a week ago Sunday which went LIMIT DOWN, but pushable through [...]

We saw Obama's ATH for a few minutes on the LOD as SPX has officially dropped -35.41%;  -1201.66 in 23 trading sessions and I tried as best possible to display my BULLISH POV in the IWM updates and posts in the ALERTS Channel.   Welp, we're due to open roughly on that 2352 double fib cluster with the Monday premarket highs on SPY/ES still shy by a few points, but pointing for a push to/through that SPY 240.28 which just above [...]

With 5 consecutive 🔻 Weekly candles, the weekend zoom out view and comparison to prior BEAR CRASHES, it looks like that 2266.75 - 2120/2080/2060 zone is what the BOTTOM for this wave-4 is IF it hasn't satisfied with the ending triangle while you keyed in on significant pivots/trendlines on the IWM/DOW as well. The intraday range on SPX is still massive and not for the weak hearted daytrader with the SMALLEST HOD-LOD over the last 10 sessions 118.38 points and [...]

So SPX closed -32.08% from the ATH Friday with a quasi DOUBLE BOTTOM during the week (2280 - 2295) and below the 2x retracement cluster @ 2352;  down -1,088.60 from the FEB 19, 2020 ATH. With the MEGAPHONE (that was impossible and BASHED all through OCT, NOV, DEC, JAN, FEB) and the 5th consecutive 🔻 Weekly candle, is it "this is the end of the world" or the simplicity of the "reboot" you see once every decade or so... Considering [...]

Apologies for missing the email yesterday.  I got caught outside after curfew hours and couldn't get back to the home/office and thus had to work off a laptop from a "friend's place" but we nailed some awesome trades in chat on on that FB LEAP.   Going to keep today short and sweet since there's a lot of anxiety among the COVID Fear, but we look AWESOME for an SPX +2500 visit/close and an OLD DUMP TARGET used for what looks [...]

DUBAI, March 17 (Reuters) - Iraq’s oil minister has called for an emergency meeting between OPEC and non-OPEC members to act immediately to help bring the oil market to balance, according to a letter he sent to OPEC on Tuesday. In the letter seen by Reuters, Thamer al-Ghadhban asked OPEC Secretary General Mohammad Barkindo to “urgently achieve” extraordinary meetings for the OPEC+ group to “discuss all possible ways to come up with serious and immediate actions” to rebalance the [...]