#ES_F #SPY #SPX #NQ_F #NDX #QQQ Futures Weekly Points Summary from Mar 23 - 27. #ConsistentProfits #BluevilleCapital
Another day, another $SPX $SPY #ES_F bear signal. Support is at 6400 and resistance at 6425. Things look awfully easy to squeeze to the upside today but bulls are gonna have to work for it.
#ES_F I wrote yday 'minor Control has now migrated slightly lower to 6657 & first indication of strength would be time spent above that level'. ES generated a Value Area below that price & as I wrote re Wed 'That's not great price action'. Still waiting for the first minor indication of strength.
Can you imagine what kind of news catalyst #ES_F would need to have a DOWNSIDE -238 handle move as fast as this upside move happened?
"Crashing UP since 2008...." π€ͺππ€¨π€
So uh, its generally really bearish when the gamma flip gets over the delta flip. Godspeed.
$SPX $SPY #ES_F
Support line got spit in the face. Channel edge would be next entry area to fade shorts.
#ES_F #CL_F
$SPX $QQQ
Lower highs on the hourly continue stay unapproached or danced with. #BearMode
#ES_F #CL_F
$SPX $QQQ
With the move down on $SPX we are now close to the lower daily implied move. Puts tend to price up quickly below the daily implied move, which could lead to a bounce as vol sellers move in. Watch 6513.5 closely!
$SPY #ES_F
#ES_F I wrote yday 'In the shorter timeframe there is a 15day Control at 6668, and price relative to that level is worth monitoring'. You can see from the chart that 6668 was Resistance yesterday. That's not great price action. That min Control has migrated slightly lower to 6657 and...more on chart
#ES_F Apologies. Chart shown earlier today should have been labeled βJune contract'
#ES_F In the longer timeframe the Major Control remains at 6853 and as I wrote 5th March 'I won't look at new longs currently below the Control, 6853'. Position is still weak.
In the shorter timeframe there is a 15day Control at 6668, and price relative to that level is worth monitoring.
Zero technical levels of interest to add longs back, Fib retracements look flimsy as well. Probably a "sit it out" session today until ranges mellow out.
#ES_F #CL_F
$SPX $QQQ
From one channel edge to another. Probably no chance of retesting the lower band again with President PDF capitulating every few days. Doublewide and sideways for now?
#ES_F #CL_F
$SPX $QQQ
03.16 - 03.20 Futures & Options Trading Highlights
1οΈβ£ Futures
2οΈβ£ Index Options
3οΈβ£ Stock Options
#stockmarketinvesting #stockmarket
#futuresmarket #futurestrading #financialindependence #sp500trading #daytrading #es_f #investingstrategy #investinginyourself #bearmarket #bullmarket #bluevillecapital
#ES_F #SPY #SPX #NQ_F #NDX #QQQ Futures Weekly Points Summary from Mar 16 - 20. #ConsistentProfits #BluevilleCapital
#ES_F pre-RTH today ES has tested 6560 - see yesterday's note (it's on the chart). Rejected so far, would be good for Bullish case if this level doesn't get retested now. Will update an hour into RTH
Coming down to Oct/Nov levels. And it's quarterly #Opex...: $SPX $SPY #ES_F.
But the good news is: #Spring begins today, too! So, have a wonderful weekend everyone!
Bull / Bear intraday balance in the chart wars (until the close?) Three dead channels and lower highs getting punched out.
#ES_F #CL_F
$SPX $QQQ
#ES_F Some ST indicators are oversold and a rejected test below 6560 might attract Buyers but the rejected test of the Major Control at 6853 on 03/10 (arrowed) was a sign of weakness in the longer timeframe, Sellers in Control - so as I wrote 03/05, 'I won't look at new longs currently below 6853'.
#ES_F There's been nine consecutive Value Areas generated entirely below the Major Control at 6853 including a rejected test of that level on 03/10 (arrowed). As I've been writing - I won't look at new longs below that level. In the first hour of RTH today (see chart) ES has tested... more on chart
Decent quality small IHS patterns on #ES_F #NQ_F #RTY_F & #YM_F 60min charts have all broken up with targets marked on the charts below. These should all either make those targets or fail back into the lows. #trading
Still following the direction posted this morning. 3 Witches Quarter End QOPEX IRAN
#SPY #QQQ #SPX #ES_F #NQ_F #TSLA #GME #NVDA
Still following the direction posted this morning. 3 Witches Quarter End QOPEX IRAN
#SPY #QQQ #SPX #ES_F #NQ_F #TSLA #GME #NVDA
#ES_F Seven consecutive Value Areas generated entirely below the Major Control at 6853. That's not great in LT. As I've previously written - I won't look at new longs below that level.
I wrote on Friday 'ES needs to bounce back - more time around 6670 (12mn VAL) and a Control... more on chart