Steve, grateful for all your guidance and for always answering my questions.

Steve just to confirm, the supply you're talking about for the SPX is shown on your 30 minute chart from last night starting around 4365?

Steve on the shorter term time frames on the SPX, should we be looking for at least a 3 wave move down? On SPX so far I see the initial move down to 4325 and now we're moving up. thoughts?

Thank you Steve!

Steve, can you please post the chart you were using that shows the VWAP and bear flag you are talking about. Thx

Steve. on the 10 minute SPX chart, I see the cup and handle you referenced, and was wondering how you project a target to the upside on the pattern.

Steve despite the higher than expected CPI and the 20 point sell-off in ES immediately thereafter which has already started to recover, it feels like they want to push SPX to close the gap up at 4400ish in the regular session. Are you going to be on the lookout for some kind of reversal when if and we get up to that level?

On ES, looks like the area around 4388 has been defended all session, bulls are hanging tough

Hey Matt, regarding the 5 minute SPX chart you posted a few minutes ago, are head and shoulders patterns valid on a 5-minute chart? If they are it looks like it would take another day or so to potentially form but not sure if I am thinking right. 

NQ, Matt, Steve would you consider this a trend day so far for NQ? If so I'm thinking that perhaps it pulls back at some point mid day where the MACD recycles back to the zero line. Am I thinking straight?

Appreciate your posts Johnny2012. Still looking at the 14868 area you referenced to pull some profits on NQ.

Steve I too am watching NQ to see if it makes another hi. If it does, I'm assuming the Qs would enter the supply zone of 371-372.75ish that you posted on your 30 minute chart in the newsletter over the weekend.

Steve, the demand zone you showed in the newsletter for the Qs is much much lower than their current price which means that if they were to get down there, NQ would probably have to get far below the current demand zone you list above15375-15340. How do we reconcile that?

Answer:  The QQQ shows Daily Demand zone - I'm simply trading intraday zones but more credence on the Daily for sure 

Thanks Steve

Steve on ES, if this is a trend day which it looks like it is, would a B wave coincide with an intraday pullback on the SPX where the MACD  on the 5 minutes chart recycles back to zero?

Steve thanks for this QQQ chart and demand zone info. Would you recommend looking to take profits at the 20 ma if it gets there?

RSP (S&P equal weight) is at LOD.   QQQE up .11% while QQQ up 2.25%

Matt on the 60 minute SPX chart you posted and the wave c currently in progress, would you expect it to go all the way down to the lower trend line around the 4140 area?

QQQE red, the divergence continues 

QQQ looks like it made it to the top of the wedge of the 30-minute chart and a new high. Now let's see.