Jump to content



Photo

Looking For A Low on Monday, Final High on Wednesday

SPX

  • Please log in to reply
53 replies to this topic

#31 tradesurfer

tradesurfer

    Member

  • Traders-Talk User
  • 2,472 posts

Posted 25 September 2019 - 09:09 AM

Thank you.  Key for bears is a needed full price bar under 2939 on SPX



#32 blustar

blustar

    blustar

  • Traders-Talk User
  • 5,496 posts

Posted 25 September 2019 - 09:47 AM

We have 5/15/30 min POS D's on the stochastics for 2952.9 SPX (my target was 2952).

 
POS D's for the 5/15 min MACD.
 
The MACD tends to lag.
 
The MACD Daily has given the expected sell signal, which is usually a good sign to go long (I learned this from Mark Young of Traders-Talk).  I know it seems counter intuitive, but since the "E-wave-Gann-16 TD-Astro/Cycle" set up is forecasting a move to near 3047 Friday this week, we can key off that.
 
Now we look for a secondary low later today about 2 hours before the close.  Looking for near 2957 SPX to go long into Friday, which should complete the final phase and terminate WAVE YX being the August 5 low. Z should complete near Oct 17 with a possible -W- bottom on Nov 8.
 
Today's test is likely a -W- bottom test of [Z] of "B" of Y.
 
My blog has the charts explaining everything.


#33 skott

skott

    Member

  • Traders-Talk User
  • 4,138 posts

Posted 25 September 2019 - 10:37 AM

When the crash posts start coming out your likely right lol!  

 

 

Lots of calls for dramatic rallies and new highs also.



#34 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 9,726 posts

Posted 25 September 2019 - 11:04 AM

 

When the crash posts start coming out your likely right lol!  

 

 

Lots of calls for dramatic rallies and new highs also.

 

right on    675 ono



#35 blustar

blustar

    blustar

  • Traders-Talk User
  • 5,496 posts

Posted 25 September 2019 - 12:18 PM

IF the market does not pull back here today like I think it should, I will remain in cash.  The current pattern is a possible w-x-y bear flag within [z]. Watching.

 
The Sun/Moon Cycle Low is due Wed this week +/- 1 TD and the Jup/Sat cycle low is pointing to Friday +/- 2 TD. The last lows ran Sep 10 - Sep 18 or 6 TD's apart, which places a possible bottom on Thursday this week (there is gap at 2937). 
 
The Sun/Moon cycle high is due either Friday or Monday.
 
The next low is due Oct 2 on both the J/S and S/M cycle, which could point to Oct 2 or 3.


#36 skott

skott

    Member

  • Traders-Talk User
  • 4,138 posts

Posted 25 September 2019 - 01:13 PM

so instead of a secondary low we are going higher 2 hours before the close.



#37 da_cheif

da_cheif

    Member

  • Traders-Talk User
  • 9,726 posts

Posted 25 September 2019 - 02:06 PM

so instead of a secondary low we are going higher 2 hours before the close.

mite as well click on this .....   https://justflipacoin.com/



#38 blustar

blustar

    blustar

  • Traders-Talk User
  • 5,496 posts

Posted 25 September 2019 - 04:40 PM

Without a secondary low, there is no real strength to the market .  It is counter trend.  I expect a strong move down Thursday after a possible gap up.  The weekend highs have been coming early on Thursdays, so a B wave high with C of Z down Thursday into maybe Friday.  This then should be begin the move to new highs into late next week.  It is the week after that when we should have trouble into Oct 11-14.

 

Trump is going to meet with the Chinese next week and the week after, so...draw your own conclusions...



#39 skott

skott

    Member

  • Traders-Talk User
  • 4,138 posts

Posted 25 September 2019 - 04:50 PM

I drew my own conclusion once. didn't look good and no one could make out what it was.



#40 Harapa

Harapa

    Member

  • Traders-Talk User
  • 1,277 posts

Posted 25 September 2019 - 04:51 PM

The game is rigged: Options traded today

SPY

Sep 27 2019(W) 268 Put  3,861 0.01 0.01 0.02 48.67 296.62 13:36:36

Sep 27 2019(W) 274 Put  5,235 0.01 0.01 0.02 39.12 296.68 09:32:52

Sep 27 2019(W) 285 Put  4,568 0.11 0.10 0.12 27.76 296.00 14:15:24

Sep 27 2019(W) 302 Call  70,000 0.04 0.03 0.04 11.74 297.21 14:15:24

Sep 27 2019(W) 302 Call  30,000 0.03 0.03 0.04 11.06 297.21 14:15:24

Sep 27 2019(W) 303 Call  100,000 0.01 0.01 0.02 11.08 297.21

 

VXX

Sep 27 2019(W) 25.5 Call  5,500 0.23 0.20 0.22 102.15 23.95 13:51:07

Sep 27 2019(W) 25.5 Call  1,600 0.19 0.17 0.18 98.12 23.88 15:07:37

Sep 27 2019(W) 26.5 Put  1,000 2.88 2.87 2.89 107.39 23.70 15:07:37

Sep 27 2019(W) 25 Put  1,000 1.51 1.48 1.49 90.91 23.70 13:51:07

Sep 27 2019(W) 25.5 Call  1,000 0.19 0.17 0.18 98.12 23.88 13:51:07

Sep 27 2019(W) 25.5 Call  1,000 0.19 0.17 0.18 98.12 23.88 15:02:47

Sep 27 2019(W) 25.5 Put  901 1.90 1.90 1.92 90.83 23.72 15:02:47

Sep 27 2019(W) 25 Put  901 1.47 1.46 1.47 87.77 23.72 13:51:07

Sep 27 2019(W) 24.5 Call  800 0.35 0.34 0.35 84.02 23.88 10:04:24

Sep 27 2019(W) 23.5 Put  797 0.23 0.23 0.24 89.28 24.88 11:03:13

Sep 27 2019(W) 23.5 Put  758 0.34 0.33 0.36 78.17 24.06 13:03:19

Sep 27 2019(W) 25.5 Call  750 0.23 0.20 0.22 102.15 23.95 10:09:46

Sep 27 2019(W) 25 Call  714 0.51 0.50 0.53 96.44 24.47


Edited by Harapa, 25 September 2019 - 04:52 PM.

My comments are for entertainment/educational purpose only. All posted trades are fake (aka. paper) trades.






Also tagged with one or more of these keywords: SPX