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My FF: Down Tomorrow


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#11 redfoliage2

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Posted 07 April 2021 - 02:05 PM

Now it looks that the chance is good for bulls to close SPX above 4085 today...........................



#12 12SPX

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Posted 07 April 2021 - 02:07 PM

Ya want it to hold now!  If you go by www it means expiration will be down! Although I think the rules changed.  If its a down day that means it will be up and if its just up it means it will be up and if its really up it means it will be up lol!! 



#13 redfoliage2

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Posted 07 April 2021 - 02:40 PM

They may not be able to close SPX above 4085 today.  However, I'm watching closely the spring board on the SPX hourly chart, that is getting so compressed.  It means a breakout to the north is in the cards.  To gap up in the morning?


Edited by redfoliage2, 07 April 2021 - 02:50 PM.


#14 redfoliage2

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Posted 07 April 2021 - 11:16 PM

ES up 18 points - indicating a breakout from the springboard for SPX tomorrow ....................


Edited by redfoliage2, 07 April 2021 - 11:18 PM.


#15 pdx5

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Posted 08 April 2021 - 07:53 AM

Yap, just like clockwork, SP500 futures up 10 points this morning. You got the feel for this market!


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#16 redfoliage2

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Posted 08 April 2021 - 08:40 AM

Even though Index futures dipped from the high overnight, this is still a breakout from the tight consolidation..............................


Edited by redfoliage2, 08 April 2021 - 08:45 AM.


#17 redfoliage2

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Posted 08 April 2021 - 08:57 AM

I expect dips to be bought today and tomorrow it's going to be higher ..........................


Edited by redfoliage2, 08 April 2021 - 08:58 AM.


#18 redfoliage2

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Posted 08 April 2021 - 09:38 AM

For longer term this market should be grinding higher for a while without a meaning correction .................................



#19 redfoliage2

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Posted 08 April 2021 - 09:52 AM

For longer term this market should be grinding higher for a while without a meaningful correction .................................

Edited



#20 redfoliage2

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Posted 08 April 2021 - 10:29 AM

We should see a follow-thru on Friday.  Shorts may need to cover before 2 pm ...............................


Edited by redfoliage2, 08 April 2021 - 10:30 AM.