All in the video. SPX is hanging around it's 4hr neckline, no decision to sell just yet, Oil may be a nice short, 70 is the target I'm watching. XLE I think is also an excellent short opportunity but confirmation is under 90. Bonds look good and maybe had a very important long term low. BTC could sell some more a few targets are 145 12k and 10k
Good luck
Good luck
Komen:
no breakdown yet on SPX
Komen:
breakdown overnight, but now at support. Might have a short squeeze higher to test previous support before reversing,
Komen:
rsi on hourly chart already quite low, be careful
Komen:
Support at the daily 100 ma and pitchfork. We have an unusual amount of shorts in the market, Be careful of a push up into tomorrow to tag the upper BB again and the 200ma
Komen:
put/call was 1.46 yesterday - higher than covid lows again ycharts.com/indicato...quity_put_call_ratio
Komen:
4hr RSI at lows, to me it's suspicions -
Komen:
1hr rsi showing hidden bull divergence.
Komen:
nice little bounce today from support but so far all they did was test the support area from yesterday. Tomorrow under 3900 would be more constructive for bears.
Komen:
OIl already to 77 - weekly BB target.
