SPX and OIL update and a quick look at other markets

٣١ مايو ٢٠٢٣

SPX Wyckoff pattern may have had one more overthrow to finish yesterday, we'll see. OIL looks to be leading to the downside and I think it will surprise many this year. The hedge trades are getting a bid but nothing substantial just yet. Equity Put call is at very low levels.....

٣١ مايو ٢٠٢٣

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equity put/call - ycharts.com/indicators/cboe_equity_put_call_ratio

٣١ مايو ٢٠٢٣

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they broke down after a pop this morning. I would say that is a false breakout and any rally should be sold.

٣١ مايو ٢٠٢٣

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bounce into close is probable, but I still think it's a sell.

١ يونيو ٢٠٢٣

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looks bearish for today, although they may spike higher with numbers at 830. my guess is lower today, bounce tomorrow.

١ يونيو ٢٠٢٣

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possible one more move up today to reset hourly rsi

١ يونيو ٢٠٢٣

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could reach as high as 4210 for the C wave

١ يونيو ٢٠٢٣

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target area reached

١ يونيو ٢٠٢٣

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at heavy resistance, if it gets above the count is invalid, but I think here is an objective short -

١ يونيو ٢٠٢٣

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vix down more than 10 percent intraday, to me this looks like a trap to get bears out, we'll see tomorrow.....

٢ يونيو ٢٠٢٣

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good morning, we got a higher high and more divergence all mid time frames are now reset higher

٢ يونيو ٢٠٢٣

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spx 15 minute showing one more high possible. rsi could go higher. 4270 very close...

٢ يونيو ٢٠٢٣

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daily resistance zone reached, may or may not get to 4300.

٢ يونيو ٢٠٢٣

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4300 coming up. hourly rsi is almost never this high