10/26 - L-red, S-red (Bullish Bounce Expected)

Stage 4 but a bounce looks very near...if we bounce, as its still overall a weekly uptrend, its possible to go much higher than expected...but from the charts, the smart target is the breakdown support in SPX...DIA looks like the best to go long. Short trade most likely, but not sure until we see the strength of the bounce...or market can be super weak and we just fall here without any bounce at all...

10/24 - L-red, S-red

Still falling...and i am starting to see more reasons why we will bounce now..but a bounce higher is just going to lead to further selling imo...so the bounce is not a buying opportunity, just a time to tighten stops to hold as  much profits as possible..then wait to buy the next leg down...

10/23 - L-red, S-red (stage 4)

Market dropped huge...now, i would not get long...we might be able to go a little lower but again, best money is in waiting for a pullback higher...and even better money is probably to get in on its next leg down as we are now in stage 4 and should be buying puts, not calls

10/22 - L-red, S-red

Market looks to be able to hold for a nice bounce here....thats what i see in the charts and therefore went out to put a contingent call option trade out there....so if we are bullish, i am good, if i turn out to be wrong, then no trade...no biggie...and..its not a buy time...only contingent buy time...so all is still RED

 

 

10/19 - L-red, S-red

Market is near support...and from reevaluating the charts, i actually like us going higher from here after a possible 1 more day of consolidation to downward movement....this is mainly cause of IWM, so i would sell my short here or have a very tight stop...then go long as soon as we see some stability....this is a bold call seeing how i should be bearish in looking a the topping pattern across the board...

 

 

10/16 - L-yellow, S-red

Market showing 2 signs that this is as high as we go...but i also think we have a good chance to hit prior highs....if i had a trade, i would just tighten stops but still ride it a lil longer... but i definitely would not expect it to go past prior highs...


 

 

10/15 - L-green, S-red

I really liked how SPX looked here...i was so ready to go long...too bad it gapped the next morning killing my RR so i never got in

10/12 - L-red, S-red

Market is close to a push up imo...i think it will happen soon and i am looking into getting long SPY when it happens and possibly a nice stock pattern too...

 

 

10/11 - L-red, S-red

Despite a weak showing from the bulls intraday, i do think its possible we bounce here so i am putting out a red alert for shorts..not definite of a move up but if i had my pick, i would have been out 2 days ago and not want to see tomorrow kill my short...

10/10 - L-red, S-yellow

Bounce possible here but i think with a short, its better to hold longer...SPX looks ready to break to scare more traders first...

10/9 - L-red, S-yellow

Market has entered correction territory...we might get a bounce here because of QQQ but i think we will eventually hit support in SPX and then break it to the downside...then starts an intermediate term bearish trend which will be worth shorting..but not yet...