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Ok. I want either 2830 or 2750--this mid-level is not as profitable
I am thinking that before it finally tests that 2850 to 2870 level, it's possible that it will hit around the 2830 level before retracing heavily....
From a certain standpoint, the market should not be struggling at the 2815 level. But since it is, there's still a possibility that it may have...
Of course, the test of that 2850 to 2870 level could happen this week. But, I'd really like a stronger test of that 2750 level for a nice long entry
I thought 2850 might be reached sometime this week. But, it looks like maybe it may happen next week or so. But, if that is the case, I'd like...
Let's go for that 2850 to 2870 level this week bulls!
SPX at 2790 now
Up 25 handles this morning. The SPX is about 2775. In a way, too bad. A test of the support could have been nice for some more long entries...
The price will go back up, according to my theory. If the SPX collapses to 2700 to 2730, particularly, I am planning to buy more
Ok. On the 4 hour chart, there is an inside bar. And it looks like the price is going above that. So, let's go for that 2850 to 2870 level bulls!
SPX close at 2766. Good enough. As long as it closed above 2760, a bullish close to set things up for Monday.
SPX 2773 with 9 minutes left of Friday. And now above the 200 moving average on the daily chart.
20 minutes left of Friday and the SPX is rallying intra-day. Already at 2764
As I said, the collapse this week happened on vapors [i.e., no real catalyst]. According to my theory, the broad buy zone is from 2710 to 2850....
Things are looking bullish, bullish, bullish for next week
Looks like things are being set up for a bullish Monday. I would have preferred a break of 2800 today but looks like that might happen next...
The SPX collapsed again to 2729. A buying opportunity. I added in to my long positions.
As a swing trader, I am targeting around the 2870 to 2850 level for profit taking. At that point, I shall determine precisely what to do, after I...
Ok. Friday morning. The SPX gapped up. So, we are up around 40 handles from the close yesterday and well above that 2750 level. The key target...
SPX close 2728. Not as strong a close as I'd like for the bulls. But, as the immediate rally from 2710 tells us, we appear to be hovering...
