SPX Thursday DEC 10 data: Overnight Gap: -13.69 Range: 33.31 Open -Close: +8.97 Close -Close: -4.72 LOD > Previous Close: -27.64 Previous Close > High: +5.67 ATH > Close: -1.19% ATH > LOD: -1.81% YTD 2020: +13.05% Off MAR LOW: +67.83% Heading into DEC, the target was SPX 3715 - 3722 Heading into this week, the target was SPX 3715 - 3722 We got that 3712.39 ATH Wednesday (off by 2.61p) and dropped perfectly as planned for 3646 (off by 0.72) for the wave-A, not the [...]
SPX Wednesday DEC 9 data: Overnight Gap: +3.73 Range: 51.85 Open -Close: -33.16 Close -Close: -29.43 LOD > Previous Close: -41.71 Previous Close > High: +10.14 ATH > Close: -1.07% ATH > LOD: -1.40% YTD 2020: +13.20% Off MAR LOW: +69.37% We had some amazing daytrade entries on multiple names for multiple 💰💰💰 with yesterday's 1st drop of the month taking SPX from the wave 3 of iii of V upside target right down to the planned support: UNCHANGED: That 3715 - 3721 is still the primary [...]
SPX Tuesday DEC 8 data: Overnight Gap: -8.91 Range: 29.62 Open -Close: +19.20 Close -Close: +10.29 LOD > Previous Close: -13.13 Previous Close > High: +16.49 ATH > Close: -0.17% ATH > LOD: -0.80% YTD 2020: +14.10% Off MAR LOW: +69.19% SPX/SPY had Nasdaq to thank for overselling the 1hr NDX after the 1st hour of trading and nearly overselling the other 3 index 1Hrs which is due to the running sell divergences I shared on both weekends - meaning it takes a tiny dip to [...]
SPX Monday DEC 7 data: Overnight Gap: -4.39 Range: 18.53 Open -Close: -2.77 Close -Close: -7.16 LOD > Previous Close: -20.24 Previous Close > High: -1.71 ATH > Close: -0.20% ATH > LOD: -0.55% YTD 2020: +13.79% Off MAR LOW: +68.69% SPX/SPY had an inside day (AGAIN) and filled the upside gap down from the Friday ATH Close and still has all 8 unfilled gaps from OCT 30 undamaged That 3715 - 3721 is still the primary wave 3 of iii of V [...]
SPX Week of DEC 4 data: Open Monday NOV 30: 3,634.18 NOV Close: 3,621.63 DEC Open: 3,645.87 Close Friday (ATH): 3699.12 Week's Range: 104.81 YTD 2020: +14.01% Off MAR LOW: +68.77% Having shared all off the prior DEC views going back to the 2009 Bottom and having expected to see last week BULLISH thus happens before BEARISH and that small "X marks the spot" zone there @ the SEP 2 HIGH 3588.11 is ALL this dip should provide before what will be [...]
SPX DEC 2 data: Overnight Gap: -8.67 Range: 26.12 Open -Close: +15.23 Close -Close: +6.56 LOD > Previous Close: -17.61 Previous Close > High: +8.51 ATH > Close: -0.26% ATH > LOD: -0.91% YTD 2020: +13.08% Off MAR LOW: +67.48% SPX/SPY had an inside day and filled the upside gap down from the Tuesday overnight and left the 7 unfilled gaps of NOV undamaged From Yesterday: With the JOBS Report tomorrow morning, there's literally nothing to update besides catching some moves during the regular [...]
SPX DEC 1 data: Overnight Gap: +24.24 Range: 32.58 Open -Close: +16.58 Close -Close: +40.82 LOD > Previous Close: +24.24 Previous Close > High: +56.82 ATH > Close: -0.43% ATH > LOD: -0.89% YTD 2020: +12.88% Off MAR LOW: +67.820% SPX NEW ATH with NDX and note how you had to GAP ABOVE that BULLISH ASCENDING TIRANGLE resistance and we never tested it. Both /ES & /NQ have unfilled gaps from Monday while /YM & /RTY have both filled theirs overnight. What does it mean? [...]
SPX NOV 30 data: Overnight Gap: -4.17 Range: 39.79 Open -Close: -12.55 Close -Close: -16.72 LOD > Previous Close: -43.96 Previous Close > High: -4.17 ATH > Close: -0.67% ATH > LOD: -1.42% YTD 2020: +11.62% Off MAR LOW: +65.80% SPX began NOV @ 3296.20 and ended @ 3621.63: a +9.87% (+325.43) month Within NOV are still 6 unfilled gaps of which we tagged right atop the 1st of them yesterday @ the LOD We begin DEC (currently) with an 8th one with /ES Futures +35p and to [...]
All the cheatsheets are updated so please take the 15 seconds it takes to glance over them if you're trading any one of them (link on bottom of email) ZM reports after the close today and it's an interesting a) look and b) understanding ZM 30day (off ATH) ZM dropped just > -35% on that clean 5 waves down and has a clean look for the 3 waves up off that low into earnings tonight and DEAD SMACK on the [...]
SPX NOV 27 data: Overnight Gap: +8.90 Range: 14.98 O-C: -0.20 C-C: +8.70 LOD > P. Close: -0.32 P. Close > High: +14.66 ATH > Close: -0.21% ATH > LOD: -0.46% YTD 2020: +12.13% Off MAR LOW: +66.27% Last week gapped up every session The gap up above that 5x fib cluster resistance and support upon it Friday hints towards the expectation that we're due a dip and that dip will be a bought one into the 🎅 RALLY as we've a few running sell divergences inside the [...]
