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SPX SZ

Posted by steve on 1st of May 2024 at 03:38 pm

SPX 30

Posted by steve on 1st of May 2024 at 03:37 pm

Kudos

XBI - STS system NAILED the New Long, 4/29. Well ...

Posted by steve on 1st of May 2024 at 03:18 pm

Kudos

Yes FED came out Hawkish and market ripped (LOL) 

That's a low risk area

SPX 30 Updated View

Posted by steve on 1st of May 2024 at 02:52 pm

That's a low risk area for longs (not shorts) simple as that - don't get focused on reasons - instead TRADE

SPX 30 Updated View

Posted by steve on 1st of May 2024 at 02:48 pm

$SPX - Chart Link - calling it a day - will review again tonight in newsletter 

icecoldjones - you may want to look at the charts again (the highlighted demand zones on QQQ and SPX) 

Demand zone rippy 

Let's rip ...  back to the 50ma 

Posted by steve on 1st of May 2024 at 02:45 pm

Demand zone rippy 

QQQ 30 Updated View

Posted by steve on 1st of May 2024 at 02:43 pm

QQQ - Chart Link - Nice pop from demand (no interest in shorting demand)

Squeeze 

SPX 30 Updated View

Posted by steve on 1st of May 2024 at 02:40 pm

Squeeze 

XLE Daily

Posted by steve on 1st of May 2024 at 02:37 pm

XLE - Chart Link - nice bounce for you degens

SPX 30 Updated View

Posted by steve on 1st of May 2024 at 02:22 pm

$SPX - Chart Link - notice where the selling subsided and a bounce ensued. 

JP on Deck

Currently bouncing from Doji demand (downside pause and bounce for those nimble).  I added to chart so refresh. 

QQQ 30 Updated View

Posted by steve on 1st of May 2024 at 02:10 pm

QQQ - Chart Link - played a degen bounce from demand - not interested in much more against algos

Are we are at the

Posted by steve on 1st of May 2024 at 12:48 pm

Are we are at the stage now where the market may be more afraid of an immediate cut (Fed turning Dovish).  Just a thought.  We will continue to trade what's in front of us.

Yes, see earlier comments -

QQQ Views

Posted by steve on 1st of May 2024 at 12:07 pm

Yes, see earlier comments - it has already provided a few bounces.  Listen closely to every word spoken last night in regards. 

The SPX has closed higher 9 out of the last 10 months in May - fwiw

GC bounced off lower BB

Posted by steve on 1st of May 2024 at 10:21 am

GC bounced off lower BB

Thanks - that's is constructive input 

SMCI Updated

Posted by steve on 1st of May 2024 at 10:02 am

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