For a bounce and perhaps more, all in the video why today I think it's a buy opportunity. Good luck!
Komen:
they have been battling the 18ma all day, a close above is bullish, below bearish. No decision yet
Komen:
they are closing under the 18ma, I'm going to wait until they take it to go long. The price action today on some indexes was bullish, but some look like bear flags, so I'm just going to wait.
Komen:
vix is red, which is weird but some may call this "almost" an inverted hammer, another sign I don't like
Komen:
if it's a bearflag on SPY, the target is 352, which is why I'm going to wait and see what happens here overnight.
Komen:
they are over the 50ma after the 830 news. Any pullback to the 18ma (around 3750 is an objective long
Komen:
closer view
Komen:
tetsed 18ma, now needs to get over 3780
Komen:
hammered big tech getting a bid
Komen:
resistance here, over 3800 and it's bullish for continuation
Komen:
possible we finished the B wave, I recommend caution.
Komen:
If they can't get above today's highs we may see a sell down into the election for C, which for me would be a strong buy
