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BULLS hold ES 4350 & bounce or ES 4200 this week


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#1 dTraderB

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Posted 10 October 2021 - 07:40 PM

My possible math is similar to that below, except I forecast a bear-killer rally back to ATH before market drops below ES 4300. 
But, I am open to alternative market behavior

 
ZVBuToeP_bigger.jpg
 
Update: Good downside follow through here overnight off the open and making its way towards 4355 support as posted. Critical for the bull case that bulls hold there #ES_F
 
Have a great weekend! Only 1 pattern matters in #ES_F now & its a perfect falling channel from Septembers high with 4430 resistance. Break it out, downtrends over Plan next week: Dip to 4345-55. Bulls get a shot there at breakout run to 4460 then 4530. 4345 fails new lows coming

 



#2 dTraderB

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Posted 10 October 2021 - 07:49 PM

100% GREEN last week - all 5 days, but Friday was up by only $620 mainly because I had closed most positions by noon on Thursday, and ended the week with only  this:

 

38 QQQ CALLS

1 NQ HEDGE SHORT

 

 Flat everything else. 

Looking to short CRUDE above 80, it is just above this now
May also short NAT GAS but only above 5.90 

 

I like this article:

 
hN65_xGU_bigger.jpg
 
My latest Chart In Focus article, "Oil’s Leading Indication for Yields Working Again", is posted at https://mcoscillator.com/learning_center/weekly_chart/oils_leading_indication_for_yields_working_again/.
 
 

 

 

 

 

 
hN65_xGU_bigger.jpg
 
My latest Chart In Focus article, "Oil’s Leading Indication for Yields Working Again", is posted at https://mcoscillator.com/learning_center/weekly_chart/oils_leading_indication_for_yields_working_again/.


#3 dTraderB

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Posted 10 October 2021 - 07:50 PM

Struggling near the zero line BUT STILL HOLDING ABOVE IT

 

McClellanOsc_1150.gif

https://www.mcoscill...t_breadth_data/



#4 dTraderB

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Posted 10 October 2021 - 07:54 PM

This POLL may actually be right with market up by less 1% this week. 

 

Saturday Poll The next 100 points for the S&P?
  •  
    UP
    55.1%
  •  
    DOWN
    44.9%
2,561 votes·Final results


#5 dTraderB

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Posted 10 October 2021 - 07:54 PM

closing this 2-lot NQ LONG

 

Resume tomorrow 5am



#6 dTraderB

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Posted 11 October 2021 - 06:20 AM

SHORT 4 CRUDE 

 

Will add more above 82.40



#7 12SPX

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Posted 11 October 2021 - 08:07 AM

Slow start this morning, holiday up here, been long from 4360, profit stop 4361 for the cash open, markets feeling it wants to move up so we'll see how that goes!! 



#8 redfoliage2

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Posted 11 October 2021 - 08:52 AM

This week is all about OpEx and earnings reports..........................



#9 12SPX

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Posted 11 October 2021 - 09:01 AM

Taking 40 points of profit and flipping to a short at 4400 see if the market can hold up here!! 



#10 redfoliage2

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Posted 11 October 2021 - 09:35 AM

This week is all about OpEx and earnings reports..........................

VST target - SPX 4455 ................................