Spy short 3-8% correction or New Bear Market
Actualizado
New Thread
ok everyone our levels for April 21st are
Bulls calls over 502.50
price target 504-505 max508 maybe unlikely wouldn't count to much on the upside targets
Bears short everything under 502
price targets 495-490-485 and as low as 480 this week
my scenario playing out this week is a range 488-500 max this is what I anticipate the week forecast stuck in a range before moving lower in MAY.
ok everyone our levels for April 21st are
Bulls calls over 502.50
price target 504-505 max508 maybe unlikely wouldn't count to much on the upside targets
Bears short everything under 502
price targets 495-490-485 and as low as 480 this week
my scenario playing out this week is a range 488-500 max this is what I anticipate the week forecast stuck in a range before moving lower in MAY.
Comentarios
be very careful cautious with calls I do think we are overdue for a bounce but I don't think we really see a dead cat bounce / relief rally till 480-485ishComentarios
hope you guys are all making money!!!(Live will be coming soon)
Comentarios
if we break 499 496 is the next target
Comentarios
Comentarios
so beautifulComentarios
put holders overnight we don't want this price to have bounced like this 499-500 bulls are fighting to keep it up just have cautionComentarios
we want to close 499-498Comentarios
to possibly open up 496 tomorrowComentarios
looks like we are doing a good jobComentarios
same levels apply for Tuesday's trading day, it is possible at some point to see 505 short term Tuesday-WednesdayBulls calls above 502 to 503-504-505 (508max which i see unlikely unless its squeezed up
Bears short anything under 502 -496-495-490 as low as 485
Comentarios
I'm thinking if we don't get past 502 premarket this is coming down hardComentarios
Comentarios
Comentarios
safe zone to load up on heavy putsComentarios
GoodluckComentarios
lets gooowatch the bears come alive right here
Comentarios
i suspect a big drop incomingComentarios
bulls if you get above 509 and close bulls regain control of this marketbears hold tight see what happens in premarket if we stay under508ish this can come crashing down very fast this week
Comentarios
im calling 502 in a few hoursComentarios
Comentarios
so far so goodComentarios
we broke the bullish daily trend today is bearish
i will let you know once we break back into bearish long term trend
correction or bear market
only time will tell
Comentarios
for us to take over long term trend we need to break 500Comentarios
this definitely has potential to reverse hard to downsideComentarios
games burning premium bulls/bearsComentarios
now its on its way to retests 404.50this is aggravating
Comentarios
burnt so much premiumComentarios
if we break 504.50 we will see 502ish todayComentarios
under vwap i suspect if does not get over vwap its downhill from hereComentarios
i told you we would see 502ish lol afterhourswow I'm about to print these shorts lol
Comentarios
definitely see no big bounce i figure we test 495 before 491Comentarios
Comentarios
if the bulls don't do anything here slow grind down todayComentarios
and we are bk in either a 3-8 correction or bear market downtrend only time will tell if its a bear market
Comentarios
how is everyone doing with there tradingComentarios
ohh boy breaking bullishComentarios
above 500 bulls trying to take controlComentarios
calls above 500 if it closes 15minsComentarios
i suspect it will run to 503Comentarios
short term put holders might want to exit 15mins or so and just reinter at higher priceComentarios
i would enter again accumulate 503ishComentarios
good chance we see 503Comentarios
wait holdComentarios
it might not gooComentarios
10 mins ill give u a answerComentarios
might be a false breakoutComentarios
i would release short term puts buy them bk at 503Comentarios
i think we get rejected hard at 503Comentarios
Comentarios
follow chartComentarios
would load heavy at 503 putsComentarios
loading up on putsComentarios
Comentarios
so far so good!!Rember take profits on puts if they are short expiring today or tomorrow expirations
already up 48% on mine expiring tomorrow selling them 501.40
Comentarios
fyi price could go to 500 or lower just don't want to be greedyComentarios
selling my short term puts for 60% lets goooooooComentarios
just created for you guys hope you all take advantage of itComentarios
this is for the traders that want to learn how make this as a supplementary income to full time gig and achieve financial freedomcharts that i don't post on trading view only subscribers!!! Will be live trading as well on here 5 days a week
Comentarios
if we don't break 504 I'm entering shorts again 3 daysComentarios
kick.com/JoeWtradesComentarios
opportunities to get in shorts??? a week outComentarios
Comentarios
Comentarios
chop day maybe grab puts before close for 2 weeks out goodluckComentarios
i would be accumulating shorts hereComentarios
Comentarios
Comentarios
Comentarios
Comentarios
Follow & Subscribe for
Live Trading Set Ups, Live Charts,
Stock Option Plays,
Chat, Stock Request, & Coaching
(ONLY $14.99 won't last long) patreon.com/JoeWtrades
Don't ever miss the next move in
stocks/futures JOIN THE COMMUNITIES
Live Trading Set Ups, Live Charts,
Stock Option Plays,
Chat, Stock Request, & Coaching
(ONLY $14.99 won't last long) patreon.com/JoeWtrades
Don't ever miss the next move in
stocks/futures JOIN THE COMMUNITIES
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.