wedn

105
SPY gap now filled on 15min chart...short term bullish act

1234
4pm sys is still on hold longs from 2 days ago

 4pm does not give price trgts, it uses multiple conditions plus price volume, not price alone...but u can "simulate" it to get price trgts...it says SPY should bounce over 178.50 in fowrard simulation mode, tho i'm not sure it gets that high

 theres resist on the chart near 177 spy

btw, 4pm sys is "self adjusting"...it usually gives an "exit long" signal when 89% of conditions are true, BUT this time it's self adjusted to sell the longs at 78% true (lower, sooner, more conservative)? Why? becuase the sys "sees" that the selloff was "harsher" than normal, so will exit earlier,,and then prob stay in cash not long or short, awaiting next signal


1128am
 the intraday chop on SPX ES continues
whipsaw up and down intraday

SPX key levels for 4pm closing price (short term swing timeframe):
below 1735 would be bearish
over 1760 would be bullish

multiweeks swings/positions timeframe: still bearish, and Inv Banks want lower

Multiweeks timeframe simple idea: short volatility vix using UVXY and or VXX, should work better than long XIV due to decay on the XIV leveraged instrument

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