4k arrives - plan for the holiday stretch - SPX USOIL XLE BTC

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비트코인 (COINBASE:BTCUSD)

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COINBASE:BTCUSD 비트코인

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Everything included in the video, I do think a turn lower is likely on these markets, but without as many market participants as usual we could have whipsaw reactions for a day or two. A sell down on the half day Friday would especially be bearish for Monday as traders who are long and away from trading will be trapped.

Good luck for the rest of the week and happy thanksgiving to you and your loved ones!

코멘트:

Good morning, not much selling after the economic numbers so we may have another high coming, hard to tell at this point. Above 4010 and it probably marches higher. Under 3970 and it should be confirmation that the C wave started.

코멘트:

put call was 1.35 yesterday. Either someone knows something or there are too many shorts in the market. I'm betting the first, but another high may squeeze out shorts first.

코멘트:

one more high looks likely after open, maybe into fomc minutes at 2pm.

코멘트:

looks like a top, let's see what happens from here.

코멘트:

no sell off, interesting. DJT and IWM weak again today compared with SPX. SPX is close to the 200 day moving average, perhaps they want to get there. I still think the half day on Friday will be a sell off.

코멘트:

DJT bear flag formation still looks the same, just extended

코멘트:

Have a nice holiday/break and see you on Friday!

코멘트:

happy thanksgiving, with futures trading I couldn't help but notice we are in a channel which may break down Friday. Another high is also possible, but the RSI is getting pretty weak.

코멘트:

Good morning, there's a shorter session today. We got very close to the 200ma (purple line) but didn't hit it. Either it was too obvious of a target, or they will try to tag it today. The aapl news out of china may affect appl, in which case the indexes would probably fall with it.

코멘트:

last reading on put/call was .88

코멘트:

no guarantees in trading but right now this is the current count. A friday sell off on a shortened holiday trading day would be a surprise and bearish for monday in my opinion.