mortdiggiddy

Year VWAP and 50% Fib Bounce, It was time

mortdiggiddy מעודכן   
CME_MINI:ES1!   חוזים עתידיים E-mini S&P 500
Couldn't get any more perfect there. $SPY $QQQ $DIA $IWM $VXX
הערה:
Another tap this morning on Year VWAP
הערה:
Seems like a long to me after that little news blip event. I usually don't trade the news but this seems like a legit double bottom
הערה:
Target for today a backtest of the Weekly S3 CAM pivot, circled in yellow and price marked.
הערה:
Still holding 21-day lowest close and year vwap. I continue to build longs here.
הערה:
Typo in one of the balloons
הערה:
Cool post I found today, looks good.

goldtadise.com/?p=431011
הערה:
My target is the test of the weekly ATR trailing Stop above at 2810.
הערה:
To see what this weekly ATR stop actually is, here is a better view with circled areas of retesting.

I see two possible scenarios of how this plays out.
הערה:
Yet another bounce here on the Year VWAP and 2`-day lowest close. This looks pretty good to me and a nice inverse H/S.
הערה:
I like what I am seeing here.
הערה:
Target remains the 2805 area.
הערה:
Price will have to break above the 61.8% fib and neckline to make this trade possible. The last time we reached the 61.8% fib at 2745.00 it was perfectly rejected.
הערה:
The inverse H/S is being shown for SPY, DIA, QQQ. Bonds sold off all day today.
הערה:
SPX behaving as normal for July, I expect this to be over in about 2 weeks when we top out. imgur.com/a/hIvg3dk
הערה:
Super stubborn neckline.
הערה:
Closed half of this trade and moved up stop to 2775.00
We have successfully broken the 21-day highest close and the 78.6% retracement is just above @ 2803. My original target was 2810 but I will dump it all there.
הערה:
200 B in more tariffs announced 5 minutes to futures close at 4:55 EST today. Glad I took some off the table.
עסקה סגורה: היעד הושג

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