S&P 500 (SP500) Options

It's such a slow drop..... Huh ?.......Is that what it is ?

Plunge protection team to the rescue

It's such a slow drop
Not like the hard moves of the past:(

TZA Up 1.39 in 1 Day ! Yikes !

Lookin at DOW Daily--Next Support 40K ? Another Transfer of Wealth to Da Boys !!

SPX Channel Bottom around 5572! OOUCH !

All we done is print money from 2012 and that was the new norm.....of papering over bad debt. Go ahead and QE now and see what happens lol
475? Might go 375 if we return to fundamentals.

Somebody call the cops !



2018

Out 572C .63! Not Yet !!

Covered 1/2 572C .71!

VIX back down to Pivot & 15 min Red Line ??

Riddin 572C .57?

Resistance SPX 50% Fib 5664----Next Support 38% Fib at 5550 !

Charts: Green line Lady-----Targets on completion 3 wave down-----SPY 555----SPX 5600----DOW 41500----NYSE 18900----Using Daily 250 EMA----see if she hits any of these !

Ppt heard us talking lol

Stopped Out 558P .62!

It could dip pretty good
Buy the ppt bounce;)

Riddin 558P .56 ?

Every drop down, puts always clean up.....and you got to get real lucky.

Charts: SPX back down & Riddin Falling Channel Lower T/L----401k's gettin crushed !

Obviously the hedge Fund Boys were juicing up the Mkt with the Yen carry Trade Arbitrage! ---Riddin TZA---Wish Had a H of a lot More !!

$fxy
$jojo
If that carry trade gets screwed up.
Jpy at 1.55%!!
Any thing etf or etn I'm not going hold anymore...straight TIPS;)

Yen Vs $ --- been advancing since mid Feb--carry trade reaction---Mkt Sell Off !!

Charts: SPX 60 min---14 Days in the Falling Channel ?? VIX--14 Days Bouncing off Da 15 min Red Line ! Not over till VIX can stay below Da 15 min Red Line ?? (233 EMA )

Pivot Calcs: SPX Pivot 5740----R1--5813----R2--5856----S1--5696----S2--5612-----SPY Pivot 572----R1--580----S1--567----ES Pivot 5733----VIX Pivot 24.34 !!LOL!!

SP 500 ****TOP*****









the QQQs look about the same or WORSE

SPX Current Falling Channel Upper T/l Approx 5814 ---Channel duration 13 Days----ways to go yet for B/O at 5814 ??

Charts: 50% FIB 5664----Base ---8/13---(5119)-----LOD 5666------Good bounce! ( 573C .64--4.31)-----See if She Can Hold ???

Hardly a flesh wound at this point if you pan out 5 years. VIX looking more pre 2015 now. Thanks:)

Let the market decide ?




Couple hours ago ; (pre PPT)












YEST RE Crypto HODLers

lol there they are 
What's that chart forecast?

No PPT.......ha-ha man ;
Were you KIDDING ?

No ppt?
I would think Vix would be higher than it is right now?

Okay I see a doji and a falling star candle 

The options market is wild right now and mm's are shaking the tree every chance they get.

Eastern time

Yes and now look at the 9:55 & 10:00 candles

Okay so your talking about the big red candle engulfing the green candle at 11:35 am central time?

Yesterday's tape showed the trigger at the 11:30 & 11:35 candles. 

Yea, it's like the news is calling this a massive sell off. All you have to do is pan back on a 5 year chart of spy, and say what sell off?? lol 
This is nothing.....GFC had some great intraday swing plays;)

Makes sense.





Figures.....



Now what ?



.

So did reborn Don the car salesman go to church? So many fools. lol.

Seriously lent is a special time of year. We are blessed.

Why are the markets so high? Earnings have been decreasing for most companies, so PE's are crazily overvalued. The CAPE S&P 500 should have PE around 14-16. It is above 36. Market indexes still have another 60% to fall from here!

Well it's lent 
40 days?
Got my ashes:)
I will be buying the dip
Good luck 

ie: SPX Daily---3 flat on CCI-18 now--very unusual----looks like trying to move up--when passes -100 line mkt should take off -----I use the same By/Sig on SPX 5 min for day trades--mkt allways follows CCI ( a leading indicator ) !---Till Fri !!LOL!!

Had to step out for min----Agree--would be interesting to know the #'s on that--When we hit bottom gonna be H of a run up! Bottoms R Quick! Tops Long Rollovers! Watch the CCI-18 on the Daily--When starts bumping up ---diversion --most likely will signal turn !! !!LOL!!

post on Trump Tariffs

Tuesday, October 15, 2024 11:37:58 AM


no, this just part of the TOPPING process

i speak to a trader with 55 years of experience in gann fan and elliot wave trading on regular basis, markets are always forward looking, what is priced in now for stocks, is through mid 2025 minimum

debt to GDP is 150%-200%

buying up here is playing with fire

treasury issuance will be massive in 2025, even Drunkenmiller wants to be extra short US treasuries

GOLD is telling a very rough road is ahead. US DEBT will likely get downgraded in 2025

if Trump wins, tariffs everywhere

if Harris wins, taxes go up up up

both are bad


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175232342

LOOKS LIKE I WAS 100% ACCURATE

https://www.cnbc.com/2025/03/06/treasury-secretary-bessent-says-the-american-dream-is-not-about-access-to-cheap-goods.html

I agree with bessent:)
Great read
I'd like to know how many billions are shorting VIX right now, preventing circuit breakers is not a good idea. Free market capitalism or bust!

On a recent read---when Gold 50% or greater than S&P---will out perform---Guess will get to see the proof of this theory ??

Like U said tons of $$ kicken around in the MM's-----if rates go down--only game in town !!