Weekly Preview - SPX500, Gold, Oil, The Dollar, BTC

27 gen

All in the video. Tech may have topped but we will likely bounce on QQQ and SOXX and therefore get the SPX to new highs, either before or after FOMC. Gold is consolidating for a big move, I think down to 1900 or lower. BTC will probably test it's highs and maybe even get to 50k or more.

Good luck!

29 gen

Nota

overnight, no change, still in consolidation phase. My feeling is not much will happen until a) earnings or b) FOMC

29 gen

Nota

29 gen

Nota

looks like one more low on the q's

30 gen

Nota

good morning, I was away from the desk yesterday but we got the push up I was looking for. Overnight there's been a correction and again the small time frame RSI looks too low, So we are probably going higher today. SPX SPY

30 gen

Nota

nice pump at open but tech is already negative - I still think spx gets a new high, but QQQ may not.

30 gen

Nota

IWM and DJT both negative - esp DJT. While they will likely bounce and everything else probably goes higher today - these indexes are often leading indicators.

30 gen

Nota

Gold collapsing after it's breakout - I still think it drops to 1900 minimum.

30 gen

Nota

30 minute bull divergence with a double bottom is likely bullish for another move up before EOD or into tomorrow. SPY SPX

30 gen

Nota

they did go higher into the end of the day, but then it dropped. With FOMC tomorrow this is still very possible. We'll see how the overnight looks...

31 gen

Nota

overnight not much happened, they are under resistance. I think we'll probably drop down to the previous trendline. Right now this looks like a false breakout which is usually bearish but with FOMC today we can't really predict antyhing.

31 gen

Nota

potential bear trap would not shock me with the rsi this low. SPY SPX

31 gen

Nota

trendline reached on SPY SPX watch for bounce

31 gen

Nota

Failed at the trendline, it's possible they try to breach it one more time to take out stops - SPX SPY

31 gen

Nota

C wave most likely - bulltrap.

31 gen

Nota

fast up, fast down

31 gen

Nota

damn, what he say?

31 gen

Nota

4825 should be support - Daily 18ma. SPY SPX