SPX - a bit more to go

23 เม.ย. 2023

Presented is my reasoning why 4200+ is likely this week coming or next. Having said that any push up to 4200+ will be a wonderful short opportunity. I compare where the market is now to where IWM was in it's 2020 consolidation and why RSI is important to look at for "breakouts". I hope it's helpful

Good luck!

24 เม.ย. 2023

บันทึก

overnight there's been a breakout of the downward channel, I expect a retest and then higher for the day.

24 เม.ย. 2023

บันทึก

test of channel. We could be in a larger ABC, if so - this may be happening.

24 เม.ย. 2023

บันทึก

so far looks good for a C up, then we may have a bigger sell off after before the final run up. SO more time wasting.....

25 เม.ย. 2023

บันทึก

good morning, chopfest continues. B wave has been extended. It's still pretty low on the houlry rsi, so I expect a move up today for a C wave.

25 เม.ย. 2023

บันทึก

some economy numbers at 10am today us.econoday.com/byweek.asp

25 เม.ย. 2023

บันทึก

closer view

25 เม.ย. 2023

บันทึก

channel test at open, should be support, we'll see.......

25 เม.ย. 2023

บันทึก

we're still holding here, 1hr rsi on the floor in futures...

25 เม.ย. 2023

บันทึก

lower trendline reached rsi is very low on mid time frames...

25 เม.ย. 2023

บันทึก

25 เม.ย. 2023

บันทึก

ES has reached the daily BB, usually a support area.

26 เม.ย. 2023

บันทึก

2 hr rsi divergece should get us a rally today for a B wave, then C down.....