Short $SPY $SPX $SPX500 to FEB 5: 4 Possible Targets

21 Jan 2020

We saw massive block trades today in Daily Edge Live at the upper red dark pool level. We had these blocks on Friday as well. Bearish.

See attached TV idea below for additional reasons.

Jan 21
📈 SPY
📊 2,873,655 😱 ⚫️ #DarkPool
💵 332.14

Jan 14
📈 TLT
📊 6,683,190 😱
💵 138.82

21 Jan 2020

Nota

Type in the upper dark pool level, should read 01.20.2020.

21 Jan 2020

Nota

Typo*

21 Jan 2020

Nota

ES equivalent gap levels shown.

21 Jan 2020

Nota

Until we break out of the pitchfork we are in a distribution phase.

22 Jan 2020

Nota

Yet another confirmed tag on the channel, REPO cannot be beaten easily.

22 Jan 2020

Nota

Comment: I took another look at SPX futures today, and there is a chance... a small chance... that we have been melting up in yet another S-Curve for the past 1-2 weeks. If that is true then the original upper target of 3400 is still in play.

22 Jan 2020

Nota

Very bearish close today. We gave up the entire spike last night at 9:45 PM EST. More and more distribution at this level.

23 Jan 2020

Nota

Needs right shoulder now.

23 Jan 2020

Nota

DJI futures filled the JAN 15 gap today, huge bottom on Russell at a key level on Week CAM S4 and channel tag again.

23 Jan 2020

Nota

Russell 2000 futures.

23 Jan 2020

Nota

Break below JAN 16 gap and now it is acting as major resistance. JAN 16 was associated with many dark pool sells.

23 Jan 2020

Nota

JAN 15 gap next target.

23 Jan 2020

Nota

Right shoulder as at the target point near 3220-3225.

24 Jan 2020

Nota

Virus now in Chicago. SPY having a super difficult time at that dark pool level. This is a massive resistance location with Month CAM R4 and two big FIB levels.

25 Feb 2020

Nota

Nearly there

25 Feb 2020

Nota

Updates on equity futures, bond, commodity, and FOREX markets.

Topics:

➡️ Big selloff in equities (again) from coronavirus related news.
➡️ Precious metals punished, near term targets reached.
➡️ Opportunities for rebound Wednesday. Top to bottom NAS100 nears 10% correction.

youtu.be/cSCNeXaXwfw