SPX - a bit more to go

23 Nis 2023

Presented is my reasoning why 4200+ is likely this week coming or next. Having said that any push up to 4200+ will be a wonderful short opportunity. I compare where the market is now to where IWM was in it's 2020 consolidation and why RSI is important to look at for "breakouts". I hope it's helpful

Good luck!

24 Nis 2023

Not

overnight there's been a breakout of the downward channel, I expect a retest and then higher for the day.

24 Nis 2023

Not

test of channel. We could be in a larger ABC, if so - this may be happening.

24 Nis 2023

Not

so far looks good for a C up, then we may have a bigger sell off after before the final run up. SO more time wasting.....

25 Nis 2023

Not

good morning, chopfest continues. B wave has been extended. It's still pretty low on the houlry rsi, so I expect a move up today for a C wave.

25 Nis 2023

Not

some economy numbers at 10am today us.econoday.com/byweek.asp

25 Nis 2023

Not

closer view

25 Nis 2023

Not

channel test at open, should be support, we'll see.......

25 Nis 2023

Not

we're still holding here, 1hr rsi on the floor in futures...

25 Nis 2023

Not

lower trendline reached rsi is very low on mid time frames...

25 Nis 2023

Not

25 Nis 2023

Not

ES has reached the daily BB, usually a support area.

26 Nis 2023

Not

2 hr rsi divergece should get us a rally today for a B wave, then C down.....