SPY - a measured down move may be bullish for the markets - inverse head and shoulder (Bullish) with the neckline established yesterday. Fill the gap left behind in green and reversal, please ??
Bearish Engulfing signals more down but resilient BULLS fight back
Posted 12 June 2019 - 07:19 AM
Posted 12 June 2019 - 08:55 AM
VIX and the MACD - S&P 500 looking like more up or like October highs?? A close above 17.10 with the VIX is pretty negative. A close under 15.12 positive for the markets.
Posted 12 June 2019 - 08:58 AM
OK, time running out for the BEARS.... go to send this below SPX 2860 today or else the bull is back on track to take it above
record highs. I am extraordinarily hesitant about trades during the past few days....happens when the market is also confused and hesitant, could be a major change in direction coming.
But, I managed to buy 4 QQQ SEP puts... pitiful amount but it is a start
S&P 500 Record High Percent - Lagging chart - But pretty good at TOPs
Posted 12 June 2019 - 10:59 AM
SPX down 10, VIX hardly moves; ditto for VXX
Bias is down but I do not trust this market!
Would not be surprised to see it zoom up 25 SPX points later
Posted 12 June 2019 - 01:19 PM
dull boring day
This may cause some movement:
As far as I know, China's state media will publish more heavyweight commentaries criticizing the US & demonstrating China's determination. It's rare to see scathing attacks against the US in state media. This shows Beijing is preparing for China-US ties getting further worsening.