For those that like Fibonacci levels - here’s the $SPX from the Covid low to November high. Looks like we are at a key level to me. pic.twitter.com/YIAfN9Xp5q
— Jay Woods (@JayWoods3) April 27, 2022
Wild ride for $SPY today. Lower low is all I see. pic.twitter.com/CA0p93bdvp
— Zaphod Beeblebrox (@AndysCycles) April 27, 2022
It's a "pop til ya drop" sort of market. We explored the top of the 70% value range, made a weak high, and plunged back to the bottom, and are now bouncing back a bit as we head in to the close. I imagine we're a bit less oversold after today. https://t.co/if5qFV8Jtx pic.twitter.com/2CZACMLmPG
— Markets & Mayhem (@Mayhem4Markets) April 27, 2022
You could land a jumbo jet in the widening delta between ARKK and its benchmark over the last 12 months pic.twitter.com/kcIuGDUDGG
— Quoth the Raven 🇺🇦 (@QTRResearch) April 27, 2022
Closer to exhaustion: (1) busy trading day--both ways, long and then short, almost perfect timing--don't want to post trading log anymore--you may watch a movie 2-yr later about what we are doing now. (2) decision time, and it is getting closer--will explain in tdy's MPW update
$NDX printed a lower low than the May 2021 low, but managed to hang by a thread from closing below 13K which it last did in March 2021. Even if it doesn't make a lower low tomorrow as the 54 TD cycle suggests, this opens the door to the March 2021 low at 12200 during May. pic.twitter.com/ERr4XRsfxG
— CyclesFan (@CyclesFan) April 27, 2022
At the same time, the prompt Nymex ULSD time-spread exploded further, with May trading 75 cents per gallon above June, the widest backwardation ever. The squeeze comes as US East Coast diesel inventories fell last week to a fresh 26-year low https://t.co/eYqKSBHQYG pic.twitter.com/Z67L0ng3Hm
— Javier Blas (@JavierBlas) April 27, 2022
$FB #ERChartreview
— Ripster (@ripster47) April 27, 2022
All PIVOT levels on the chart!
No position for me before earning but I know whole world is bearish, in that case 150 is 1st support
Will trade base on action in AH
187 upside pivot
Bearish Chart no doubt, but Valuations getting dirt cheap from here pic.twitter.com/a62ZVmNx3M