31 replies to this topic

[redfoliage2]

Day traders taking profit early today, but this does not change my view that SPX has made a double bottom that is IT bullish.....................

[redfoliage2]

Let's if 4180 is to be revisited by the close today .........................................

[redfoliage2]

With the opening gap filled I see odds are there for SPX to retake 4180 before the close today ...........................

[redfoliage2]

Intra-day NYMO now is in positive land, indicating the official End of Day NYMO is likely to cross the zero line into positive first time since two weeks ago.  So the market should rally on it next Monday/next week ....................

Edited by redfoliage2, 21 May 2021 - 02:23 PM.

[redfoliage2]

Right now VIX is in a bullish configuration, meaning a late day rally in the cards with index futures higher in after- hours   ...................

Edited by redfoliage2, 21 May 2021 - 02:31 PM.

[redfoliage2]

We got a day with both VIX and SPX down, what an OpEx game.  Good to see this manipulative game out of our way for a while.........................

Edited by redfoliage2, 21 May 2021 - 03:10 PM.

[PrintFaster]

[PrintFaster]

Still in downtrend, but next chart with NYMO shows signs of building strength

 

[PrintFaster]

[PrintFaster]

Update on OIH:  Two huge weekly volume bars