Trading Environment:
-SPX 500 'buy' trigger March 25_C-RSI 30 weak +2.51 strength
-Long Term Trending Fed- and Foreign net- Liquidity Inflows _ 'uptick'_ in high expansion territory
-VIX 16.92_below 20 stress level_long-term resistance 32.70_D/Vol inside range_13 New Lows
-New Lows: 13_below danger 26-zone_below panic zone 50 (+)
-NYSE_(= hft-zone)_weak positive strength_C-RSI 30 < +5.00 strength
-NYSE_(= hft-zone)_weak positive strength_C-RSI 30 < +5.00 strength
Confirming weakness
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Stocktiming.com recommend:
Stocktiming.com recommend:
-negative to mixed intraday bias
-Conservative: higher risk holding long position_C-RSI 30 < +5 strength
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Today's Session:
- bullish: > *1324 on track to take out February Peak *1344_view to *1379/*1410
- Close < *1324_consolidating range *1313/*1338
- Close <*1313_high risk for bearish reversal to *1303/*1300/ *1280 minimum
- Strategy: expecting a successful defense -buy *1282 -stop *1267 -target *1378
...index needs to clear April 13 High *1321 for today's bounce to grip; otherwise expect more downside into 'target buy' level
Kind Regards
Kind Regards
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