farooqsattar

farooqsattar

base on trendline monthly chart analysis more bearishness to follow

farooqsattar

over bought conditions a small pull back of 2-4 % within 1 month is the idea

farooqsattar

vix and spy will try to capitulate call buyers first and than Put buyers

farooqsattar

touch 265 and than come down. it is a possiblity. daily chart gap area is 285.95

farooqsattar

NASDAQ:TSLA Over sold Rsi conditios Over due for rebound

farooqsattar

spy closing predication 410 why base on option open interest i am leaning towards 409-408 closing price CPI will be hot tomorrow therefore market will be down in the first half of the session 2nd half will be determine by New's narrative good luck

farooqsattar

spy either above 414 or below 412 at closing low vol day which could push the spy price higher. hard to play the direction today. let see what will happen tomorrow and wed cpi and other important data coming out.

farooqsattar Updated 

Option market Open interest is indicating 175 for aapl

00:30

farooqsattar

market maker option open interest indicates spy hitting 412.50

farooqsattar

spy idea upside 409 down side 403 if buyers show up than SPY could close 409 otherwise going down to 403

00:25

farooqsattar

after lunch if market's don't turn around QQQ will touch $314

00:46

farooqsattar

Spy predication base on option Open Interest seems like that market maker will have to close the spy below $403 it could touch $400 today if pressure on AAPL, MSFT, NVDA is to the down side. Aapl earning today after close Good luck.

00:50

farooqsattar

spy will test 404.30's and if that does hold it going down to 399.70's

00:35

farooqsattar

spy will hit 413 and may be as high as 415 when J Powell speak and than it would fall below 411-409 base on Option Open Interest max pain is @ 411 he raise the .25 bps to 5% to fight inflation and notes states that future rate's will be data depended