Mig
05-04
thanks BC πŸ™‚
we are coming from a good earnings week...πŸ“ˆ
not sure what to expect in the long term, usually Donald Duck's crazy news could affect the market sentiment πŸ€”
πŸŽ’πŸ“‰πŸ“ˆπŸ“‰πŸ“ˆπŸ“‰πŸ“ˆπŸ“‰πŸ“ˆ
@Barcode:$S&P 500(.SPX)$ πŸš¨πŸ“‰πŸ§  SPX: Topping Out or Ready to Rip? This Is the Line in the Sand πŸ§ πŸ“‰πŸš¨ $SPX is SO CLOSE to TOPPING before the next major leg down. We’re now parked at a confluence of resistance: β€’ 90 to 100 percent extension zone β€’ 200DMA β€’ Weekly Fair Value Gap β€’ Upper boundary of the WXY count The 5D Swing Model is already flashing yellow. Risk Trigger sits at 5832.77, Lower Band at 5540.57, and the success rate holds strong at 75 percent. Price is hovering right under that ceiling at 5746.01. Wouldn’t surprise me to see $5880 $SPX by June or July. Seems like we did the $5290 already. If we see a Daily close below 5582, that’s our first warning flare! A cross below 5400, the 50 percent retracement from the April 21 low, is needed to confirm this as a Bear Market Rally β€” with a downside target of 4600 to 4400 in the months ahead. Wave Y completion levels to watch: β€’ 90 percent = 4550.77 β€’ 100 percent = 4419.65 β€’ 110 percent = 4288.53 However, a Weekly close above 5838 or a clean bullish 5-wave up structure would invalidate the bear thesis. JPM collar is in play. Not a straight shot but keep it on the radar. 🧠 Key Levels: β€’ Resistance: 5705 to 5838 β€’ 200DMA test ongoing β€’ 5582: first warning level β€’ 5400: confirmation of bear rally β€’ 5838: breakout invalidation level Meanwhile, option flow is screaming hedge: β€’ $5880C for June: $301.91M β€’ $5290P and $4460P stacked: over $465M β€’ Collars hint at turbulence, not a moonshot This market’s on the edge of its seat. Is this the final gasp of the rally or just the mid-cycle squeeze before liftoff? Either way, volatility is king. πŸ“’ Don’t miss out! Like, Repost and Follow me for exclusive setups, cutting-edge trends, and insights that move markets πŸš€πŸ“ˆ I’m obsessed with hunting down the next big movers and sharing strategies that crush it. Let’s outsmart the market and stack those gains together! πŸ€ Trade like a boss! Happy trading ahead, Cheers, BC πŸ“ˆπŸš€πŸ€πŸ€πŸ€ @Tiger_comments @TigerWire @TigerStars @TigerPicks @Daily_Discussion
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • Barcode
    05-04
    Barcode
    πŸ™πŸΌ Thanks @Mig , you’re spot on. Earnings have indeed given the market a solid short-term footing, but the longer-term trajectory feels more like a chess match than a trend.β™ŸοΈβ™ŸοΈβ™ŸοΈπŸ€πŸ€πŸ€πŸ€
    • BarcodeReplyMig
      Take it your not a chess player? πŸ˜‚ It’s an interesting game with so many variables. Loved that movie -The Queen's Gambit
    • Mig
      that's why I love the market... keeps you engaged thinking, creating, strategizing πŸ™‚
      and it's easier than chess πŸ€ͺ
  • Barcode
    05-04
    Barcode
    Let’s see how the market digests macro noise versus micro strength in the weeks ahead. Staying nimble is the name of the game! πŸ€πŸ€πŸ€
    • BarcodeReplyMig
      πŸ‘πŸ™πŸΌπŸ€
    • Mig
      πŸ’― with you
      need to be flexible and adapt to the market πŸŽ’πŸ“‰πŸ“ˆπŸ“‰πŸ“ˆπŸ“‰πŸ“ˆπŸ“‰
  • Barcode
    05-04
    Barcode
    That’s why I’m watching key inflection points rather than chasing momentum. Sentiment can flip faster than a swing vote in an election year.
  • Barcode
    05-04
    Barcode
    πŸŸ§πŸ…—πŸ…πŸ…ŸπŸ…ŸπŸ…¨ β“‰β“‘β“β““β“˜β“β“– πŸ…πŸ…—πŸ…”πŸ…πŸ…“! πŸ…’πŸ…—πŸ…”πŸ…”πŸ…‘πŸ…’ πŸ…‘πŸ…’ πŸ€πŸ€πŸ€πŸŸ§
  • Barcode
    05-04
    Barcode
    Donald Duck–level headlines, especially from political or trade fronts, tend to inject episodic volatility that disconnects fundamentals from price action. One tweet or tariff rumour can derail even the cleanest technical setup.
  • Barcode
    05-05
    Barcode
    You’ll enjoy this I think @Mig
    β€œThe Poopβ€πŸ’©πŸ˜‚
Leave a comment
10
7