Hello Ninja's! :)
So like previously stated when we were at the lows I was predicting a strong move higher, that happened and the returns were great.
Now this movement higher is likely to continue on monday.
Then we are likely to create a descending channel before a huge move to the downside.
I will keep everyone updated with my trades as and when they...
So we were right about the crash down to 372/3720. Targets were reached.
Now it is very possible to have a strong move higher AGAIN back into the highs. The timeframe for this could be a day, the weekend and even monday. Hard to say right now. I took a starter position at the lows.
Lets see how we play out tommorow (fri).
So we hit the 380 target and now we are bouncing, this should be a very strong move higher potentially breaking the 392 level by (wed, march 3rd).
I didn't take the long because option prices were so expensive.
There may be a short next (wed, thurs, fri) when option prices are cheaper and reward to risk increases.
Hey guys, the sp500 is bouncing and we expect a final move lower today. Our last 3 ideas on the sp500 have made a total of 1700% return on our options. Stay tuned for these crazy opportunities.
I'm expecting a bounce higher into the open followed by a steep sell off. The sell off may continue into monday morning but basically today is your last opportunity to...
Hopefully everyone made some money on my last sp500 predictions. There may be another opportunity wed, thurs, fri.
It appears as though we may have an opportunity to short the bounce again going into today (wed).
I have done a forecast on the price. Lets see if this plays out, don't load up, stair step into the trade.
The SP500 is dropping as predicted in my last analysis. We may get a bounce here which would offer up another entry down to the 380's.
This movement down to the 3800 should happen this week but at the latest by next week. If price does bounce from here I will enter a short position with expiration this friday and next friday (options).
Overnight price action was within yesterday’s value area. Overnight high tested Wednesday’s VPOC and price came down and has taken out Asian low. With overnight VPOC just above yesterday’s.
Economic figures out earlier were worse than expected, however had little effect on price. The main driver is the US-China trade decision. All things being equal price is...
Overnight price continued to the downside as noted yesterday. It took out last week Friday's low. In overnight session, it has taken out Asian highs. Today I expect the price to be on upside. Note last trading day of the week, so everyone should be flat by end of the day as you never know what will happen during the long weekend.
It was a story of five months ago when I made a move towards 2900.0.
Currently, it can be seen from the daily story that 2800.0 acts as a strong resistance, preventing up trend persistence.
Daily
I assume that this symbol is not considered an uptrend already.
However, most recently it is likely to consider trading using...
The level 2400 is very important as support. If this support were broken, this could lead to a stabil down trend. We are preparing for this scenario and starting to create smaller short positions.
When looking at the daily bollinger bands width (bbw) there have only been four other times where the bb were as tight as they are now. Years 1964 & 1965 and year 1995 before the huge breakout into the year 2000 high In all of the previous times the S&P500 was in a small pullback then...
