SPY Last two trading days, SPY has followed the plotted levels on the 15min chart, with a close today just pennies above the 161.8%XA projection. Each day it gained about 3 points from the previous day’s close. If that trend … Continue reading →
SPY Today SPY reached the 161.8%XA target of the pattern on the 15min chart, we have used as of last Friday. It did so with an intraday harmonic pattern on the 5 min TimeFrame. Here’s the 5min chart with … Continue reading →
SPY Starting this post with a quote from previous post: So therefore you could imagine that we could see a small pullback, to start a new AB=CD, where A is the 12:50 low, and a B point maybe at the 15:30 … Continue reading →
Perfect harmonic patterns to start the year with! Must be a good omen for the Harmonic traders! The CD leg commenced at break of the 205.78 entry, today reached its PRZ at 198.95. see previous posts. On a small bounce … Continue reading →
SPY on the 30min chart went from overbought to oversold on the TD-pressure indicator, in one session yesterday. The mentioned 127%XA and 261.8%BC levels were rejected as well. mentioned that these events should be used as stop against any long … Continue reading →
Quite honestly I don’t know what to say or think about last week; after having alerted on the bearish option flow on the SPY in particular all week. And then to see the Paris attacks unfolding Friday afternoon, just took the … Continue reading →
Good Morning! Yesterday we saw the outcome of the bearish optionflow on SPY, as we’ve monitored since Friday last week. And the target of 205.5 that we mentioned last Monday was reached and succeeded. The “D” on the 30min … Continue reading →
Over the past three days we’ve seen Bearish optionflow on SPY while it’s slowly been moving of the Monday low. Put buying is decreasing a bit, and Call buying increasing a little, but the ratio is still bearish: On a … Continue reading →
I’m going to try and add a chart of each day’s optionflow of the most liquid stocks/indices on which I trade weekly options. In my option flow data I only look at trades entering the market at the ask or … Continue reading →
In our weekend post we mentioned that if SPY would trade below an “entry” of 209.31 on the 15min chart, we could see a target PRZ starting at 207.47. If you plug in the ABC numbers of the chart into … Continue reading →
