All in the video. SPX is hanging around it's 4hr neckline, no decision to sell just yet, Oil may be a nice short, 70 is the target I'm watching. XLE I think is also an excellent short opportunity but confirmation is under 90. Bonds look good and maybe had a very important long term low. BTC could sell some more a few targets are 145 12k and 10k
Good luck
Good luck
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no breakdown yet on SPX
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breakdown overnight, but now at support. Might have a short squeeze higher to test previous support before reversing,
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rsi on hourly chart already quite low, be careful
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Support at the daily 100 ma and pitchfork. We have an unusual amount of shorts in the market, Be careful of a push up into tomorrow to tag the upper BB again and the 200ma
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put/call was 1.46 yesterday - higher than covid lows again ycharts.com/indicato...quity_put_call_ratio
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4hr RSI at lows, to me it's suspicions -
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1hr rsi showing hidden bull divergence.
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nice little bounce today from support but so far all they did was test the support area from yesterday. Tomorrow under 3900 would be more constructive for bears.
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OIl already to 77 - weekly BB target.
