Market Event which could bring trading opportunities

Forget about Yesterday #SPX Notes

Not bullish after today’s action. The price action took yesterday open prints on SPX. This is real selling not being matched by buyers yet, maybe they are/were weak buyers. We will see for the rest of the week. NDX weak on the close as well.

SP&500 Update

A strong day in for the US Equity Markets today. As of the close of today we are trading at the high and close of April 2020 for the SPX. Meaning that 18 days passed and the market negated much lower prices and it seems that is ready to explore higher prices. From a chart,

SP500 Personal View

Important to notice that Bears are not as strong as I expected, this of course does not mean they will continue weak in the future. I am not sure why with this Macro Data, the Equities are holding current levels. TODAY FROM REUTERS: The U.S. Labor Department is expected to show initial claims for state unemployment

Bulls in control #SP500 so far

Contrary to most market participants the SP500 is now near April high and back to the supply area shared in the chart. The chart below shows FANG stocks YTD and the SPY. #AMZN and #MSFT positive YTD My systems are reading Mutual Funds buying and a significant lack of sellers at current prices, if this

Bankruptcy #NEWS will be more common

U.S. shale producers, refiners and pipeline Bankruptcy

SUPPLY AREA #SPX #SP500 #OIL

A) UPDATE ON SP500 and POSITIONING Inside of the SUPPLY AREA and not reading the SELLING I was expecting. Please note the SUPPLY AREA on the chart #SPX #SP500 EARNING WILL TAKE OVER THIS MARKET STARTING THIS WEEK! Read Post from April 7th where we mark this area as important. As of today, I see