Trading Environment:
-SPX 500 'buy' trigger March 25_C-RSI 30 weak +3.82 strength
-Long Term Trending Fed- and Foreign net- Liquidity Inflows _ 'uptick'_ in high expansion territory
-VIX 15.32_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)_C-RSI 30 < +5.00 strength_positive NYA-Momentum
-NYSE_(= hft-zone)_C-RSI 30 < +5.00 strength_positive NYA-Momentum
Confirming weakness
----------------------------------
Stocktiming.com recommend:
Stocktiming.com recommend:
-mixed intraday bias
-Conservative: higher risk holding long position_C-RSI 30 < +5 strength
---------------------------------
Today's Session:
- bullish: > *1323 on track to take out February Peak *1344_view to *1379/*1410
- Close < *1323_consolidating range *1315/*1338
- Close <*1315_high risk for bearish reversal to *1303/*1300/ *1284 minimum
- Strategy: -buy *1320 -stop *1300 -target *1378 (+)
...chances are, the index will test *1284; a successful defense in that level will set the index back on track to take out February Peak *1344_view to reach out to *1379/*1410
Kind Regards
Kind Regards
No comments:
Post a Comment