Are you considering the long side? We are still not sure.

KEY POINTS BEFORE THINKING TO THE LONG SIDE: I need to see trading above the 50% Fib (3120 on ES) to consider the long side VIX need to trade lower for a second day AAPL should hold current levels or trade higher SPX and NDX strength should be again similar. |NDX had been much stronger….

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Equity Markets got a liquidity injection! Have the Virus Passed?

Here you can find the NQ Chart starting in Jun 2015 and some key notations. Last week we traded to All Time Highs after the news of the Liquidity Injection My question is: WHY DID THE MARKET NOT TRADE TO LAST YEAR TOP AFTER THE CORONA-VIRUS NEWS? Current price action suggest that investor are well

INTRADAY RANGES #SPX

#SPX Intraday ranges have increase significantly and the VIX is not showing that. Stops and targets should be modified to match current market conditions.     VIX CHART

Market Update – New #SPX HIGH

R Option still flat and so far the system did not see enough US Equity Buyers to enter long at current levels. If they do not appear I will not enter. I still read net sellers in US for September; this is likely to change as soon as the data for yesterday’s volume is published.

Adding hedges at current levels #SPX #NDX

Today’s low in NDX is a new line in the sand. Some systems turned negative in the short term.  

NEW ALL TIME HIGH #NDX #FANG

The NDX experienced 100% retracement since the previous all time high. Today its likely to be the 9th positive day in a row for the Nasdaq Futures and could close at all time high, again.