ES Levels (9/30)

    Posted by steve on 5th of Sep 2022 at 10:46 am

    Downside:   3639 3620-26 3609-04  3594 3582-76  3563 3542 Upside:   3685 3709 3723-25 3744-57  3775-84  3793-3801  3817 3828

    ES 3755 strong pivot pulling

    Posted by steve on 28th of Sep 2022 at 03:59 pm

    ES 3755 strong pivot pulling back 

    It looks like to me

    Posted by pintopower on 28th of Sep 2022 at 04:06 pm

    It looks like to me on the hourly chart from the beginning of September  that the SPY is doing an ending diagonal down.  If my math is correct, it has four touches so far which would indicate that perhaps one more low to about 356 or so.   If it does that then target on a breakout of the ending diagonal would be approximately 381 ish.

    pintopower - the QQQs could

    Posted by steve on 28th of Sep 2022 at 04:15 pm

    pintopower - the QQQs could have completed wave C today of an expanded flat for Wave 4  - same with SPX - the next PULLBACK will tell the tale 

    Just testing how to post

    Posted by pintopower on 28th of Sep 2022 at 04:52 pm

    Just testing how to post a chart from Thinkorswim.  Pink lines are ending diagonal; yellow oval would be hypothetical 5th touch and light blue lines would be the Target.  Let's see if this test works?!

    This move down was not

    Posted by mirhamedali on 29th of Sep 2022 at 11:15 am

    This move down was not an ending diagonal. Doesn't meet the technical definition.

    You passed with flying colors

    Posted by steve on 28th of Sep 2022 at 05:00 pm

    You passed with flying colors but not an ED - I will post my views 

    3684 pivot achieved - main

    Posted by steve on 28th of Sep 2022 at 10:04 am

    3684 pivot achieved - main target from the pivot support 

    Hi, Steve! I took SSO

    Posted by makarolya on 27th of Sep 2022 at 01:09 pm

    Hi, Steve! I took SSO for long trade per system signal yesterday and day before, and now wondering - is there a stop loss you recommend? Do you announce stop loss when trades goes in the red? I am still new to trading systems and trying to learn the underwater currents. Thanks

    makarolya -this is covered in

    Posted by matt on 27th of Sep 2022 at 01:55 pm

    makarolya -this is covered in the FAQ etc, however check your email, I sent you a detailed email that should help you.

    I would post my answer here but intra day we like to stay market focused - I can also post here later after the market, however check your email

    They don’t do stop losses.

    Posted by mdgfain on 27th of Sep 2022 at 01:22 pm

    They don’t do stop losses. They have first, second, and third entires ( occasionally) and they buy twice as much at second entry, 3x on third entry. Their system is very effective if you take all of the trades, not so much if you just take the ones you want. Hope that helps. 

    Go to the systems tab

    Posted by steve on 27th of Sep 2022 at 01:16 pm

    Go to the systems tab above and read all such information.  These are reversion to mean systems so make sure you understand completely

    ES 3639 achieved 

    Posted by steve on 27th of Sep 2022 at 12:29 pm

    ES 3639 achieved 

    ES levels updated yesterday 

    Posted by steve on 26th of Sep 2022 at 08:47 am

    ES levels updated yesterday 

    ES nice bounce of the

    Posted by steve on 23rd of Sep 2022 at 01:05 pm

    ES nice bounce of the listed 3675 level 

    Support levels on ES around

    Posted by steve on 22nd of Sep 2022 at 11:28 am

    Support levels on ES around this area and just below.    

    ES Levels updated and comments

    Posted by steve on 22nd of Sep 2022 at 09:18 am

    ES Levels updated and comments from overnight below 

    looks like ES 3923 capped

    Posted by retirefire on 21st of Sep 2022 at 03:11 pm

    looks like ES 3923 capped it

    ES attempting to bounce out

    Posted by steve on 20th of Sep 2022 at 10:47 am

    ES attempting to bounce out of the support zone  3864-3855 - if able to gain some traction then 3885 first level above 

    Taking some gains and trailing

    Posted by steve on 20th of Sep 2022 at 11:07 am

    Taking some gains and trailing stops on that bounce 

    Yes trail up stops further

    Posted by steve on 20th of Sep 2022 at 11:55 am

    Yes trail up stops further - this has some legs 

    thanks almost got stopped out

    Posted by retirefire on 20th of Sep 2022 at 11:59 am

    thanks almost got stopped out late to party.

    ES stalled near first target

    Posted by steve on 20th of Sep 2022 at 11:17 am

    ES stalled near first target level posted 3885

    ES first test of resistance

    Posted by steve on 16th of Sep 2022 at 10:48 am

    ES first test of resistance 3895 led to rejection 

    Updated levels above - the

    Posted by steve on 16th of Sep 2022 at 09:00 am

    Updated levels above - the June-July trendline was lost late yesterday after numerous tests and this has given way to additional selling as one would expect.  

    Support zone 3853-63 (watching for a reaction here) then 3842 

    Getting a reaction a posted

    Posted by steve on 16th of Sep 2022 at 09:20 am

    Getting a reaction a posted below 3863 for a bounce - all within downtrend until a previous level is reclaimed.   As I said a few days, ago Buckle Up 

    ES Pivot around 3960 -

    Posted by steve on 14th of Sep 2022 at 08:51 am

    ES Pivot around 3960 - very loose and thin market so take heed in position sizing (down) 

    Hi Steve, the support numbers

    Posted by imelhoe on 13th of Sep 2022 at 11:00 pm

    Hi Steve, the support numbers don't look quite right. 

    Wish trading View had the

    Posted by donkeyface on 12th of Sep 2022 at 10:22 pm

    Wish trading View had the red/green s&r horizontals like StockCharts

    Assuming these levels are updated for the new dec22 contracts?   so much easier to just keep up with SPX cash levels.

    SPX has another zone just

    Posted by steve on 7th of Sep 2022 at 11:53 am

    SPX has another zone just above at 3956-64 IF today's highs are reclaimed 

    Bulls in control above 3920-30 

    Achieved that target 

    Posted by steve on 7th of Sep 2022 at 01:06 pm

    Achieved that target 

    Selling one SPY 11/18 386

    Posted by srusso1 on 7th of Sep 2022 at 01:07 pm

    Selling one SPY 11/18 386 call here

    Likewise selling a 388 and

    Posted by retirefire on 7th of Sep 2022 at 01:15 pm

    Likewise selling a 388 and still holding some 380's 11/18 exp.

    yes still holding some calls

    Posted by srusso1 on 7th of Sep 2022 at 01:18 pm

    yes still holding some calls see how this week ends ?

    Nice bounce off support 3930

    Posted by steve on 7th of Sep 2022 at 01:03 pm

    Nice bounce off support 3930 on that pullback

    Yes it is  

    Posted by srusso1 on 7th of Sep 2022 at 01:06 pm

    Yes it is  

    The Bulls are the Captain

    Posted by steverobin on 7th of Sep 2022 at 12:46 pm

    The Bulls are the Captain now. 

    Bounced off the 3896-83 zone

    Posted by steve on 6th of Sep 2022 at 10:41 am

    Bounced off the 3896-83 zone and now Bulls need to reclaim 3928

    ES back to VWAP 

    Posted by steve on 6th of Sep 2022 at 10:48 am

    ES back to VWAP 

    Next level for Bulls to

    Posted by steve on 6th of Sep 2022 at 11:05 am

    Next level for Bulls to clear is 3940 and hold 3916 Support 

    Good call on 3940 resistance 

    Posted by steve on 6th of Sep 2022 at 12:33 pm

    Good call on 3940 resistance 

    ES Support Now 3940 then

    Posted by steve on 6th of Sep 2022 at 08:37 am

    ES Support Now 3940 then 3922-28 

    Thanks Steve, have a nice

    Posted by retirefire on 6th of Sep 2022 at 09:06 am

    Thanks Steve, have a nice area below now if we open green,  to monitor for  Fridays new system entry's

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