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 →
Not much has changed since our last post. The only exciting thing was the catch of the low on the 24th. I’ve been sitting dormant since then; holiday, and some programming. Starting with the updated 60min chart we’ve been focusing … Continue reading →
I don’t usually post trades in hindsight. But mentioned two SPY trades past 2 days on twitter, that worked out well. And can serve as good examples on how we use the Harmonic indicator for weekly option trades. Specially for … Continue reading →
A small pullback in the first 30minutes at the 161.8%XA level, gave us the opportunity for a trade up to 207, according to plan. From the high we saw an AB=CD with a low PRZ target of 204.88. called it … Continue reading →
quick update on ES. last night we saw a AB=CD forming of the lows. With the C point we calculated an entry >2010.8 That was surpassed quickly thereafter, but fell back a little during the night, but never traded below … 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 →
Trading earnings is always a near shot in the dark. We can observe optionflow ahead of earnings, look at patterns. But you never know what’s going to happen. Therefore I always advertise to trade the options ahead of time, and … Continue reading →
SPY with an entry for a CD leg higher yesterday at the open on 10min chart, landed right on top of the 141%BC of the daily chart, which I’ve been pointing out in previous posts. In pre market it is … Continue reading →
