7/11/2021 Sunday

$SPY (Weekly, arithmetic scale) closed right at the channel resistance with a hanging man. Potentially signaling the top if we close the week with a bearish candle. If we push further up, we have the 443-450 level that other people are wait for which happens to be the top of the 20 year channel $SPY …

7/11/2021 Sunday Read More »

7/7/2021 Wednesday

$SPY if you followed the swing play from last week or entered at open on tuesday on rejection of channel rejection from sunday’s newsletter, you had a good start to the week. Then today I called out in telegram the double top rejection at channel once again for quick winner today. $SPY (daily) back to …

7/7/2021 Wednesday Read More »

4/4/2021 Sunday

$SPY (weekly) confirmed breakout above the megaphone resistance on friday. However, RSI hasnt broken out yet so there could be some turbulence. $SPY closer look at the RSI which has 2 trend lines approaching that could act as resistance. Watch for daily candle rejection as we approach these lines $SPY (4H) Short setup: Watch for …

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8/23/2020 Sunday update

$SPX (monthly) approaching parallel channel resistance.. parallel history going back 30+ years. $SPX (daily) closed above ATH on friday. Currently riding blue ascending channel. Watch for dual channel resistance somewhere around 3464 ideally ideally arriving on wednesday to friday. $SPX (1H) I’ll look to short if it rejects at dual channel resistance. $BIDU daily long …

8/23/2020 Sunday update Read More »

7/2/2020 $ROKU

Ok one more setup before bedtime. $ROKU (2H) short setup $ROKU (15min) also with short term ascending channel resistance riding into the larger channel resistance and supply zone at 131

6/24/2020 AM

$ES_F (1H) is currently -23 points, good win for those holding $SPY puts with me form yesterday.. and looking constructive for bears following overnight breakdown of H&S and ascending channel. Currently backtesting, if it holds, should see bottom of the sideways channel. Remember always progressively lock in profits.