SPX and OIL update and a quick look at other markets
SPX Wyckoff pattern may have had one more overthrow to finish yesterday, we'll see. OIL looks to be leading to the downside and I think it will surprise many this year. The hedge trades are getting a bid but nothing substantial just yet. Equity Put call is at very low levels.....
ความคิดเห็น:
equity put/call - ycharts.com/indicato...quity_put_call_ratio
ความคิดเห็น:
they broke down after a pop this morning. I would say that is a false breakout and any rally should be sold.
ความคิดเห็น:
bounce into close is probable, but I still think it's a sell.
ความคิดเห็น:
looks bearish for today, although they may spike higher with numbers at 830. my guess is lower today, bounce tomorrow.
ความคิดเห็น:
possible one more move up today to reset hourly rsi
ความคิดเห็น:
could reach as high as 4210 for the C wave
ความคิดเห็น:
target area reached
ความคิดเห็น:
at heavy resistance, if it gets above the count is invalid, but I think here is an objective short -
ความคิดเห็น:
vix down more than 10 percent intraday, to me this looks like a trap to get bears out, we'll see tomorrow.....
ความคิดเห็น:
good morning, we got a higher high and more divergence all mid time frames are now reset higher
ความคิดเห็น:
spx 15 minute showing one more high possible. rsi could go higher. 4270 very close...
ความคิดเห็น:
daily resistance zone reached, may or may not get to 4300.
ความคิดเห็น:
4300 coming up. hourly rsi is almost never this high
