joel1s

joel1s Updated 

AAPL came down to the bottom of the broadening formation. If we gap lower tomorrow, I think it will be a head-fake. A bounce to 1 of 3 targets should take place. (1) 114.5 (2) 116.5 (3) Top of broadening formation

joel1s

SPX - If price is under 3363 we could drop back to the 3280 area

joel1s

If AAPL can hold support area between 108-113 it will test the resistance area between 124.5-128. If price breaks through resistance and holds the we have two initial targets of 133 and 146

joel1s

Looks like momentum is starting to fade. Could see weakness in the next couple of weeks.

joel1s

XLF near top of broadening formation. Could see profit taking soon.

joel1s

Will the SPX bounce soon and go to new highs again or break recent channel and head lower? Perhaps one more ramp before some profit taking.

joel1s

SPX may start reversing here at short term trend resistance.

joel1s

SPX is up 18 points on the day currently... However equal weighted SPX is red for the day. The few are doing the heavy lifting and should they roll over we could see quick acceleration to the downside.

joel1s

Towards the top end of the channel. Looking to go short.

joel1s

38.2% extension failed and lower high put in. Looking for retracement lower

joel1s

Looking for price to continue lower early next week. I could then see a bounce to break back over 3238 towards 3255-60 area before a much deeper correction

joel1s

Price held trend support but i think that fails early next week. I will be looking to see if it is a buy-able dip.

joel1s

On Thursday VVIX broke its downtrend and held support Friday. I am looking for this to advance higher early next week putting downward pressure on SPX

joel1s

Potentially early next week a pullback under the 40 level. Then I will be looking for another advance higher. The dollar index is showing divergence and may have a bounce early next week putting downward pressure on SPX GLD GDX

joel1s

Monthly candle coming back inside previous months range. One to keep on the radar for next week for a PUT protection play.

joel1s

small broadening formation within last months trading range

joel1s

RVX holding the 32 level makes it an easy decision to hold downside protection over the weekend.

joel1s Updated 

321.25 may act as resistance and resumption of pullback. If not we could see a squeeze higher into the end of the day.