Technical Analysis on .SPX

Hello everyone! Today i want to share some technical analysis with you!

1.

No, I am a perma-monkey, jumping up & down with the market. I wish my pattern pan out in the near term, as the melt-up pattern is the MOST BEARISH setup you can ask for, esp. for option trading. Catch one of this, you can be done for the year. Check what happened after MELT-UP. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$

Image

3.

Yeeeeeesssssss! I was right--a spike of 30+ points to close the gap. Hope your calls make some money. Now, be careful for the Powell Presser and reversal. -- Still think it is best for SPX to iron out this 4660 zone for a bit longer. If not, then explosive higher.

Image

3.

See the arrow & where we are now: $S&P 500(.SPX)$

(1) it is the best time to figure out where the market is in the ongoing melt-up.

(2) tmrw's gap-up open would squeeze the last group of bears--if there is any left, and propel SPX to 4740 zone.

(3) compare that with the previous two cases.

Image

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Today i want to share some technical analysis with you!</p><p></p><p>1.</p><p>No, I am a perma-monkey, jumping up &amp; down with the market. I wish my pattern pan out in the near term, as the melt-up pattern is the <strong><em>MOST BEARISH </em></strong>setup you can ask for, esp. for option trading. Catch one of this, you can be done for the year. Check what happened after MELT-UP.  <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>  <a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> </p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/df7f1bca3a68a4290cf284af181b7a8c\" tg-width=\"1600\" tg-height=\"793\"><span>Image</span></p><p></p><p>3.</p><p>Yeeeeeesssssss! I was right--a spike of 30+ points to close the gap. Hope your calls make some money. Now, be careful for the Powell Presser and reversal. -- Still think it is best for SPX to iron out this 4660 zone for a bit longer. If not, then explosive higher.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/4f2952a4fd0f1ff48d13f16a6dbbcfc8\" tg-width=\"899\" tg-height=\"214\"><span>Image</span></p><p></p><p>3.</p><p>See the arrow &amp; where we are now:  <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> </p><p>(1) it is the best time to figure out where the market is in the ongoing melt-up. </p><p>(2) tmrw's gap-up open would squeeze the last group of bears--if there is any left, and propel SPX to 4740 zone. </p><p>(3) compare that with the previous two cases.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/2ad2fc19d25ba28a2fd88c18f09588b1\" tg-width=\"1623\" tg-height=\"787\"><span>Image</span></p><p></p><p><em>Follow me to learn more about analysis!!</em></p><p>https://twitter.com/MasterPandaWu</p></body></html>","htmlText":"<html><head></head><body><p>Hello everyone! Today i want to share some technical analysis with you!</p><p></p><p>1.</p><p>No, I am a perma-monkey, jumping up &amp; down with the market. I wish my pattern pan out in the near term, as the melt-up pattern is the <strong><em>MOST BEARISH </em></strong>setup you can ask for, esp. for option trading. Catch one of this, you can be done for the year. Check what happened after MELT-UP.  <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a>  <a data-mention-id=\"SPY\" class=\"teditor-mention\" data-mention-name=\"SPDR S&amp;P 500 ETF Trust\" href=\"https://ttm.financial/S/SPY\">$SPDR S&amp;P 500 ETF Trust(SPY)$</a> </p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/df7f1bca3a68a4290cf284af181b7a8c\" tg-width=\"1600\" tg-height=\"793\"><span>Image</span></p><p></p><p>3.</p><p>Yeeeeeesssssss! I was right--a spike of 30+ points to close the gap. Hope your calls make some money. Now, be careful for the Powell Presser and reversal. -- Still think it is best for SPX to iron out this 4660 zone for a bit longer. If not, then explosive higher.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/4f2952a4fd0f1ff48d13f16a6dbbcfc8\" tg-width=\"899\" tg-height=\"214\"><span>Image</span></p><p></p><p>3.</p><p>See the arrow &amp; where we are now:  <a data-mention-id=\".SPX\" class=\"teditor-mention\" data-mention-name=\"S&amp;P 500\" href=\"https://ttm.financial/S/.SPX\">$S&amp;P 500(.SPX)$</a> </p><p>(1) it is the best time to figure out where the market is in the ongoing melt-up. </p><p>(2) tmrw's gap-up open would squeeze the last group of bears--if there is any left, and propel SPX to 4740 zone. </p><p>(3) compare that with the previous two cases.</p><p class=\"t-img-caption\"><img alt=\"Image\" title=\"Image\" src=\"https://community-static.tradeup.com/news/2ad2fc19d25ba28a2fd88c18f09588b1\" tg-width=\"1623\" tg-height=\"787\"><span>Image</span></p><p></p><p><em>Follow me to learn more about analysis!!</em></p><p>https://twitter.com/MasterPandaWu</p></body></html>","text":"Hello everyone! Today i want to share some technical analysis with you! 1. No, I am a perma-monkey, jumping up & down with the market. I wish my pattern pan out in the near term, as the melt-up pattern is the MOST BEARISH setup you can ask for, esp. for option trading. Catch one of this, you can be done for the year. Check what happened after MELT-UP. $S&P 500(.SPX)$ $SPDR S&P 500 ETF Trust(SPY)$ Image 3. Yeeeeeesssssss! I was right--a spike of 30+ points to close the gap. Hope your calls make some money. Now, be careful for the Powell Presser and reversal. -- Still think it is best for SPX to iron out this 4660 zone for a bit longer. If not, then explosive higher. Image 3. See the arrow & where we are now: $S&P 500(.SPX)$ (1) it is the best time to figure out where the market is in the ongoing melt-up. (2) tmrw's gap-up open would squeeze the last group of bears--if there is any left, and propel SPX to 4740 zone. (3) compare that with the previous two cases. 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